A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
LIVE NOW: Tesla Trial Continues on Jan. 20
A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
Tesla Trial Continues on Jan. 20
A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
Bed, Bath & Beyond Rebounds in Meme-Stock Rally
NEW YORK—Shares of Bed, Bath & Beyond Inc. rebounded sharply in high volume trading on Monday amid speculation by retail investors that the struggling home goods seller might be a potential acquisition target. Shares of the company were last up 35 percent at $1.77, on track for their biggest one-day percentage surge since Aug. 8….
Stocks Rally to Higher Close as Job Market Remains Strong
A relatively light day of trading on Wall Street ended Thursday with a broad rally for stocks as investors welcomed new jobless benefits data that shows the labor market remains strong. The S&P 500 rose 1.7 percent, with roughly 95 percent of stocks within the benchmark index closing higher. The gains more than made up…
Tesla Closes up Despite Musk Selling $3.58 Billion of Its Shares
AUSTIN, Texas—Shares of Tesla rose slightly Thursday despite news that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week. The stock closed at $157.67, up less than 1 percent but still close to its two-year lows. Tesla did fare better than the broader U.S. stock market, where concerns…
Will a Dollar Decline Be Good for Stocks?—Part 1
Commentary Will a dollar decline be good for stocks? It is an interesting question, given that during 2022 there was a significant non-correlation between the dollar and the stock market. The strong dollar rally was something I suggested could be a problem for stocks, given what happened in 2020. It was a running debate with…
S&P 500 Ends Down as Apple Dips and Traders Eye Powell Speech
The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes. Investors also focused on recent protests against COVID-19 curbs in China, including at the world’s biggest iPhone factory. Apple’s stock…
Investing: How to invest $1,000
By Kim Clark and Anne Kates Smith From Kiplinger’s Personal Finance Although the savings rate has dipped again following pandemic highs, many investors still have ample cash sitting in a low-interest bank or money market account. If you’re among them, here are some ways to invest $1,000. Buy Some Small Fry Get more bang for…
Warren Buffett’s Firm Reports $2.7 Billion Loss on Investment Drop
OMAHA, Neb.—Warren Buffett’s company again reported a loss — this time only $2.7 billion — because of a drop in the paper value of its investment portfolio in the third quarter, but most of its operating businesses performed well with the notable exception of Geico. Berkshire Hathaway reported a quarterly loss Saturday of $2.7 billion,…
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