Tag: shares

October 19, 2018

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]

October 18, 2018

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]

October 17, 2018

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]

October 15, 2018

U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as […]

October 5, 2018

President Donald Trump’s corporate tax cut and his business deregulation efforts are not just an economic “sugar high,” former Federal Reserve governor Kevin Warsh argued on CNBC Thursday. Most economists “never thought the economy could grow this fast,” said Warsh, […]

July 19, 2018

Tesla shares are slumping on Thursday after analysts at Needham & Co expressed fears that Model 3 cancellations could rise. In a note to investors on Thursday, analyst Rajvindra Gill said that Tesla’s Model 3 “refunds are outpacing deposits as […]

June 20, 2018

General Electric shares were lower early Wednesday, a day after news that the industrial conglomerate would be replaced on the Dow Jones industrial average by Walgreens Boots Alliance. Shares of GE, which has been in the blue-chip benchmark continuously since […]

May 22, 2018

Auto stocks rose Tuesday after China said it will slash tariffs on some car parts and vehicles as part of ongoing trade negotiations with the United States. The Chinese Finance Ministry said tariffs on certain vehicles will come down to […]

May 8, 2018

U.S. stocks wavered between small gains and losses Tuesday morning as trading turned choppy after an early slide. Losses in health care, energy and other sectors outweighed gains in banks and industrial companies. The decline in energy stocks came as […]

April 30, 2018

Analysts rushed to revise their price targets on Amazon following a stunning quarter, and many now see a clear shot to a $1 trillion market cap. Count Piper Jaffray’s Craig Johnson out. His charts have made him more cautious than […]