Tesla Inc. The shares will start trading on Monday after a 5-for-1 stock split. Tesla TSLA, -1.08% The split was announced on August 11, saying it would “make share ownership more accessible to employees and investors.” Dividends of four additional shares of common stock for each subsequent share will be …
Read More »The loss of Dow 2020 will be offset by the fact that stocks are trading a little higher
Shares were up modestly on Friday, with the Dow Jones Industrial Average hitting its 2020 low and the S&P 500 index on another record near track, as investors outperformed U.S. consumer spending and confidence data a day after the Federal Reserve announced a policy shift. Checked. It will allow employment …
Read More »Analysts hold workday stock rallies to record price targets on strengthening in the cloud
Workday Financial Management Desktop Product Work day Shares of Workday Inc. set new records on Friday after nearly three-quarters of analysts raised their price targets on the human resources cloud-software software company following earnings reports and outlook. WORKDAY WDAY, + 14.29% The stock rose more than 14 per cent to …
Read More »Nutanix stock rockets to the best day on record, although analysts warn of uncertainty ahead
The shares of Nutanix Inc. were up 28% on Friday morning and on track for their biggest one-day percentage gain on record, after the cloud computing company exceeded earnings expectations for its last quarter, announced a private equity investment and announced the upcoming pension of its CEO. Some analysts took …
Read More »The Fed may never hike rates again. Here are growth stocks for the long term, according to one strategist
So just how important was Federal Reserve President Jerome Powell’s speech on inflation? In the speech that markets eagerly awaited, Powell announced that the Fed would target inflation at an average of 2% over time, and that the central bank would not feel obligated to raise interest rates if it …
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