Shares of electric-car maker Tesla (NASDAQ:TSLA) were slammed during after-hours trading on Thursday when news broke that the SEC filed a complaint against CEO Elon Musk, stating he made “a series of false and misleading statements” on Twitter last month about the possibility of taking the company private. As of 6:03 p.m. EDT, Tesla stock was down 13.3% in after-hours trading on Thursday. The […]Continue Reading ...
Tesla CEO Elon Musk is facing calls from the SEC to step down. Learn why the federal regulator wants Musk to go – and what his departure may mean for the carmaker.Continue Reading ...
The runaway success of its vision-restoring drug, Eylea, turned Regeneron Pharmaceuticals(NASDAQ:REGN) into one of biotech’s best performing stocks between 2012 to 2015. However, the company has lost luster with investors since then because of an anemic product launch and a slowing in Eylea’s growth as it’s matured. As a result, Regeneron Pharmaceuticals is no longer at the […]Continue Reading ...
In some cases, something you don’t really want becomes a value if the price gets low enough. That explains some fast-food value menus, and it contributes to the appeal of dollar stores. But there are other items — think Miami Marlins tickets or a bottle of Mountain Dew — that you don’t want no matter […]Continue Reading ...
With cryptocurrencies and cannibas providing the big buzz in the markets this year, what’s happening with the big tech companies may have been missed by some investors. Enter our call of the day from Tony Greer, founder of TG Macro, who has a bearish message for the Twitter TWTR, +0.95% and Facebook FB, +1.93% faithful, and a sector that has definitely had […]Continue Reading ...
Last year, cryptocurrencies were unstoppable. And while sheer momentum can be partly responsible for that strength, much of it was due to the emergence of blockchain technology. Put simply, blockchain offers a brand-new way of transmitting money without using traditional banking networks, as well as a means to securely store and access data. This means blockchain could transform […]Continue Reading ...
Shares of Cypress Semiconductor (NASDAQ:CY) dipped on Sept. 24 after Morgan Stanley lowered its price target from $15 to $13 while maintaining its “underweight” rating on the stock. The firm claims that Cypress’ margins and earnings could contract in 2019 as NOR and NAND memory prices hit a cyclical peak. Investors should take that gloomy forecast with a grain of […]Continue Reading ...
When any given stock trades at a steep discount to its true value, all too often, it’s for a good reason. But sometimes, the market either gets it wrong or briefly offers investors a rare window of opportunity to pick up shares of great businesses for far less than they’re worth. So, we asked three […]Continue Reading ...
Today we look into new plans from Amazon to revamp the home with an array of powerful gadgets. Learn how the company plans to turn your house into a voice-controlled smart home.Continue Reading ...
For the second quarter in a row, database giant Oracle (NYSE:ORCL) reported mixed results and provided guidance that fell short of expectations. The company’s cloud business is growing, but other parts of the business are in decline. Total revenue grew by just 2% adjusted for currency in Oracle’s first quarter , and the company expects growth between 0% and 2% […]Continue Reading ...
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