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Tag Archives: Indices

Elon Musk Unlocks 2nd Mega Earnings Milestone as Tesla Gets Closer to $160B Valuation

Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.As Tesla stock (TSLA) continues to defy gravity, Elon Musk has achieved another earnings milestone. The CEO is now one step closer to reaping the heavy benefits of his earnings deal as agreed by shareholders back in 2018. If things continue this way, Musk could become one of the world’s most powerful CEOs and also one of...

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Tesla (TSLA) Pulls Stock Market Higher, Nasdaq Hits ATH, Dow Closes Up Over 400 Points

Tesla (TSLA) stock is in green. Moving higher, it is a real booster for the stock market. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have surged.We are just one month into 2020 as Tesla investors are riding with immense joy. So far, Tesla Inc. stock price has surged 100% since the beginning of the year in an unprecedented rally.Tesla’s stock has been soaring new highs ever since it announced its Q4 2019 beating street estimates. On Tuesday, February 4, the Tesla stock...

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Bitcoin Price Positively Reacts to Asia Stocks Crash amid Coronavirus

Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. However, it was not going as it was expected.Bitcoin price was rising as well. However, at the time of writing, it was falling 0.43% to $9,347.Major stock markets in the Asia-Pacific region tumbled by the most since an equity bubble burst in 2015. They resumed trading Monday, in the first opportunity for many investors in China to react...

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Asia Stocks Tumble as Coronavirus Death Toll Hits 170

The ongoing epidemic is still doing a strong and deep dive throughout the world’s financial markets. Generally, the coronavirus has caused stocks in Asia to plunge as panic continues to spread around the continent and even to the rest of the world.Coronavirus Crashes Asia StocksSeveral markets across the continent are having a bad time of the event. The Hang Seng index, which covers the largest companies in Hong Kong, closed at 26,499.13 after losing 2.62%.Most of the hardest-hit stocks all...

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Stock Market Is in Green due to Earnings and Coronavirus Fears as Vaccine Is Not Tested Yet

Indexes went strongly up today as investors were waiting for the Federal Reserve’s interest rate decision (probably stays the same). Traders were also focused on the economic data published today. The Census Bureau reported wholesale inventories decrease of 0.1% in December, while the trade deficit increased $5.3 billion compared to November. Some companies have already released their quarterly earnings and some are still waited for.The Dow Jones Industrial Average went up at the open by...

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AMD Stock Price Starts Falling after 150% Surge in 12 Months

Santa Clara-based multinational semiconductor company, Advanced Micro Devices Inc (AMD) first-quarter estimate of revenue has raised a lot of eyebrows as it came in far below the estimates of analysts. Such a situation is a result of declining demand from gaming console makers despite its data center and PC chips business tracking a revival in the chip industry. It has become known from the reports of January 28, 2020.AMD saw its stock price decline as much as 4% after the company announced...

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Bitcoin Price Jumps to $9,400 Levels, Hits Its New 2020 and 3-Month High

Bitcoin continues with its upward momentum as the world’s largest cryptocurrency inches higher third-day in a row. In the late hours on Tuesday, January 28, the Bitcoin price surged close to $9400 levels.With today’s price surge, Bitcoin has added $2000 to its price since the start of this year 2020. In just the first 28 days of 2020, Bitcoin has given over 30% returns to its investors. At press time, Bitcoin is trading at a price of $9349 with a market cap of over $170 billion.Bitcoin’s...

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Coronavirus: Financial Market Shows Record Plunges as Epidemic Spreads

The global financial market is currently having a terrible time because of the coronavirus. Because there is no control of the virus just yet, the consequent uncertainty is having a terrible effect on the stock market and the global business sector. Yesterday, Coinspeaker reported a crash in global stock markets, specifically with futures on the Dow Jones, Nasdaq, and the S&P 500. A recent eToro note, however, shows that things might be a bit worse.Highlighting Coronavirus Effects on...

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Dow Jones, S&P 500 Crash Stock Market as Confirmed Coronavirus Cases Rise Above 2,700

The stock market is already reacting to the spread of the deadly coronavirus. So far, futures on the Dow Jones, Nasdaq as well as the S&P 500 have all plunged as the coronavirus continues to spread even outside of China. The general atmosphere in the stock market is a little bothersome for many investors. Authorities in China and other countries have yet to find a solution to the problem.Coronavirus Hits the Stock MarketThe Dow Jones futures plunged by about 1.6% while futures on the...

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S&P 500 May Rise 15% in 2020 but It’s Time to Get Profit Already Now

S&P 500 may rise by at least 15% this year. This is what top investment analyst Simon Fentham-Fletcher thinks. He is the Chief Investment Officer of Freedom Asset Management. Simon said this when he indicated that now it’s time to take profits. He also urged caution when doing so. In an interview, he said:“I’m actually starting to think about trimming back some of the exceptional gains we had last year and coming through into this.”“So from my perspective, yes, I think it is time to start...

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