While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.With the wild stock market rise, Wall Street investors are riding high on optimism at the moment. Tesla (NASDAQ: TSLA) has indeed been the star performer in the market with its price skyrocketing over $900 on February 19.Amidst a strong Q4 2019 performance, Tesla...
Read More »Coronavirus Outbreak Crashes Oil Stocks but Leaves Tesla Stock Untouched
The coronavirus is still raging with its usual effects on not just human lives but also oil stocks. Many businesses all over the world, especially those with activity in China, have been affected. Now, the deadly virus is racing past the human factor and taking oil down with it.Coronavirus Shoots Down Oil StocksOil stocks began the year with a more promising outlook. Most of Wall Street had interesting things to say about oil stocks because of the trade problems between the U.S. and Iran. As...
Read More »Tesla Stock Will Sell Off Hard If Earnings Report Disappoints, Says CNBC’s Jim Cramer
Tesla has had a great year already and most forecasts on the electric vehicle company’s stock are bullish. Tesla will publish its quarterly earnings report later today and the anticipation is already high. As the market waits, CNBC’s Jim Cramer has said that Tesla has no choice but to impress the market with its report or its value will tumble.Tesla Earnings Report Must Be SatisfactoryAccording to Cramer who hosts CNBC’s Mad Money, Tesla’s current fortunes could very quickly change for the...
Read More »Tesla Stock Takes Valuation over $100 Billion as Q4 Earnings Report Gets Closer
Tesla stock is doing amazing numbers in the market and breaking grounds for the auto company. Yesterday, Tesla stock surged impressively and has now crossed $100 billion in market valuation. Tesla (TSLA) climbed more than 6% to cement a new record high at $569.56.Tesla Stock Pushes ValuationAt the moment, Tesla is now the world’s second most valuable auto company. With a market cap of about $102.6 billion, it has pushed Volkswagen (VWAGY) down and is just behind Toyota Motors (TM). Toyota is...
Read More »Is FAANG to Become FAAMGT in 2020s?
Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...
Read More »Tesla Reaches Agreement with German Authority for Gigafactory Construction near Berlin
According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...
Read More »This Is Why Analysts, Even Skeptics, Are Becoming Bullish on Tesla (TSLA) Stock
Tesla is easily the most popular of the electric carmakers but also probably the most controversial one. There’s almost always some announcement or the other from Tesla CEO Elon Musk about a new offering or improved feature, many of which experts and analysts believe is too far-fetched or entirely ridiculous. Regardless, Tesla has still made an indelible mark in the auto scene and might be reaping the fruits of its labor especially as the Tesla (TSLA) company’s market cap has now crossed $60...
Read More »CNBC’s Jim Cramer Tells Which Stocks to Buy after U.S.-China Trade Deal
The trade war between the U.S. and China has been ongoing for many months and has somehow wiggled its way into pretty much any conversation that involves the U.S. or China. Some other countries are sometimes dragged into the mix because some of the effects of the tensions have been felt by these countries even though they aren’t directly involved. However, there might be some respite soon and with it, the chance that a few stocks might be worth good money if things go right.CNBC’s Jim Cramer...
Read More »Run away from Beyond Meat’s (BYND) Stocks, Says Jim Cramer
Photo: Beyond Meat / FacebookNow we all know Jim Cramer to be one of the most outlandish characters ever on TV but his advice a lot of the time makes total sense. Take the case of Beyond meat (BYND) which is the meat-substitute startup that was founded in 2009 by Ethan Brown. With the stronger performances of competitors that are eating at its market share where retailers are concerned and lower liquidity ratios than expected the popular analyst believes that the bubble has burst for the...
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