US stocks climbed on Monday as investors weighed fresh capital injections from the People’s Bank of China.The central bank added 700 billion yuan ($101 billion) to China’s financial …
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Month: August 2020
The Ratings Game: Tesla’s stock shoots up toward another record after Wedbush analyst boosts target to 4th highest on the Street
Shares of Tesla Inc. rose Monday toward a second straight record, after Wedbush analyst Dan Ives raised his target to be the fourth-highest on Wall Street, citing signs of accelerating demand in Chin…
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Why Tesla Stock Jumped on Monday
What happened Shares of Tesla(NASDAQ:TSLA) were up sharply on Monday. As of 10:30 a.m. EDT, the stock was up 5.5%. The growth stock’s sharp move higher is likely driven by an analyst’s decision to …
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Why NIO Stock Is Trading Higher Today
What happened Shares of Chinese electric-vehicle maker NIO (NYSE:NIO) were trading higher on Monday after a report that the company had hired a new leader for its self-driving technology unit. As …
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Nasdaq Hits New Record on NVIDIA, Tesla Upgrades
The Nasdaq Composite(NASDAQINDEX:^COMP) regained its leadership role in the stock market, leading bullish investors upward to set a record high. Even with plenty of lingering doubts about the COVID-1…
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