At the beginning of last week, the shares of Spotify Technology SPOT, + 4.86% took a hit when Guggenheim analyst Michael Morris cut stocks to sell, believing that “the market is now pricing stocks for blue sky growth, which has made the risk reward unattractive “ But that “blue sky …
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Tesla Inc.’s massive stock rally appears set to continue on Thursday after the company easily exceeded delivery expectations for the second quarter. The automaker said Thursday morning that it delivered approximately 90,650 vehicles in the second quarter, before the 72,000 deliveries analysts polled by FactSet had predicted. Tesla TSLA, + …
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(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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(Update story with comments from James Shanahan, financial services analyst at Edward Jones.) The Federal Reserve on Thursday announced the results of its annual stress tests for 33 large US banks and US subsidiaries of foreign banks. Since the Fed’s “severely adverse scenario” for stress testing was designed in February, …
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Shares of Apple Inc. rose to another record on Tuesday as analysts applauded the company’s intention to put custom processors on the Mac and the deeper integration of its various operating systems. Apple AAPL, + 2.13% Shares gained 2.1% in the session to end at $ 366.53, the sixth time …
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