Tesla CEO Elon Musk has been tipped to break the trillionaire threshold before Jeff Bezos, Bill Gates or any other contemporaries following Tesla’s recent landmark in breaking the $100 billion market cap level after skyrocketing rise of the company’s stock price.Should We Be Getting on the Musk Train?Elon Musk rests rightly as one of the biggest celebrity entrepreneurs in the world and has amassed an enormous cult following over the years. Fanatics are at their constant best with bullish...Read More »
Coronavirus: Will Gold and Bitcoin Prices Rise as 2nd City in China Blocked?
Officials of China reported about 11 deaths and more than 500 people infected by the virus. The city where 11 million people are living, had its central market as the primary source of the virus. One of the city residents said to BBC journalists that ”the atmosphere there felt like the end of the world”.Many Chinese folks continue traveling around the country during the holidays. Also, people in Belarus, Saudi Arabia, Singapore, and Vietnam reportedly have been visiting doctors in regards to...Read More »
IBM Stock Rises Yesterday More Than in Last 10 Years
The New York Securities Exchange (NYSE) market shows the Wednesdays boost has resulted in a cool-down, with a visible 3% profit. IBM has its fourth-quarter sales stable from year to year, totaling $21.8 billion. However, IBM bought Red Hat on July 9, 2019. Then, promised a 60% premium bonus for the workers of Red Hat if they hurry up with developing the hybrid-cloud server software.IBM is showing a big interest in the open-source software company which is probably one of the few software...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 »
Apple Is to Start Production of New Cheaper iPhone in February
Apple Inc. is already working on a new and cheaper iPhone. The new iPhone will enter its production stage sometime in February, according to a Bloomberg report. If all goes well, it will be released before the end of the first quarter of 2020.Features of the New iPhoneCiting people familiar with Apple’s plan, Bloomberg has revealed a few features for Apple’s forthcoming offering. The report says that the phone will resemble the iPhone 8 which was released back in 2017. It will also come with...Read More »
Davos 2020: Greta Thunberg Can Fully Change Global Investment Industry
In 2018, a 15-year girl from Sweden made the world reel. The girl began spending her school days outside the Swedish parliament and called for stronger action on climate change. Her active position and straightforward speeches quickly made her famous. Now this girl, Greta Thunberg, is one of the most hotly discussed youth activists who sparked an international movement to fight climate change.After Greta delivers a speech at various forums and conferences, everyone and his brother discuss her...Read More »
China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction
It seems that the Asian market went down because of the “health reasons” The number of people who seems to be infected has been tripled during the three days over the weekend. It all started in the province of Wuhan and then went on to the other major cities.The problem is that millions of Chinese people are preparing to travel on January 25 for the Chinese New Year. Be it as it may, newly found China’s coronavirus could disrupt the tourism. The worst thing is that these geopolitical problems...Read More »
Square Crypto Is Paving the Way for Bitcoin to Muscle Cash Out of the Way
Square Crypto is building a Lightning Dev Kit that will give developers more flexibility for Lightning tech and bitcoin wallets. Square’s crypto arm expects that bitcoin payments will overtake cash. Bitcoin’s volatility has gotten in the way of its use case for payments. While some of Twitter gets on Jack Dorsey’s case for allegedly trying to interfere with the presidential election, he has set his sights on something else – crypto. Square Crypto, the Bitcoin...Read More »
If Tesla Has Same Success with First Factory in Europe as in China, Will Its Stock Rise?
Tesla is ready to break new grounds in Europe, with its soon-to-be-built gigafactory in Germany. The company, led by Elon Musk, is popular for setting surprising goals for itself. Most of the time, these declarations by Musk are written off as pipedreams as people point out that they are a little too lofty. However, the company’s success in China is worth considering whenever there is doubt about its capabilities. The question now is, will Tesla be able to replicate that success in Germany...Read More »
Tesla Stock: Will It Go Down due to Company’s Arrogance?
Last week we were witnessing of a sudden “fallout” of one of the biggest carmakers in the world – Tesla. An American division received a driver’s complaint that his Tesla suddenly accelerated on its own. And probably it will be not very sensible to suppose that such an event won’t have any influence on Tesla stock. However, we should admit that in recent months it has been on the rise.An independent investor, Brian Sparks, abided a sue to the National Highway Traffic Safety Administration and...Read More »