Month: January 2020

Elon Musk Jim Watson | AFP | Getty Images Tesla CEO Elon Musk doesn’t have a lot of love for Wall Street – a fact he often mentions, including on Wednesday night’s earnings conference call. To begin with, Musk’s company hosts an nontraditional quarterly call with shareholders: After making a short statement about Tesla’s results,
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The big stock charts featured this week have mostly been cautious at best. Owing to skittish broad market trading amid coronavirus fears, the focus mostly has been on stocks with potential downside, particularly if U.S. stocks began a long-awaited correction. Source: Shutterstock But it’s worth remembering that the financial news of the past few sessions
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Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, January 7, 2020. Aly Song | Reuters Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1 billion-plus on Thursday as the company’s stock rocketed higher after its better-than-expected earnings report. Tesla popped 11.4%
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From late 2015 to late 2019, shares of Walmart (NYSE:WMT) ripped higher, from $60 to $120, as the mega-retailer got its groove back behind robust e-commerce expansion. Over the past few months, though, Walmart stock has fallen flat around $120, despite sustained robust e-commerce expansion, mostly because shares are fully priced. Source: fotomak / Shutterstock.com
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Roku (NASDAQ:ROKU) stock has declined about 25% since reaching $179 in September. Concerns about competition have helped drag down Roku stock. The attrition came amid new “plus” streaming content debuts from Apple (NASDAQ:AAPL) and Disney (NYSE:DIS). Source: Michael Vi / Shutterstock.com As another InvestorPlace columnist, Chris Markoch, pointed out in October, a bunch of huge
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A deadly spreading virus is now worrying some of the world’s biggest companies. The word “virus” or “coronavirus” was mentioned by 27 different S&P Composite 1500 companies on earnings calls this week, according to CNBC’s screening using FactSet. The Wuhan virus has infected more than 6,100 people in China, topping the number of cases from
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