As Americans wait to see if Congress passes another stimulus package next week to help people and industries cope with the coronavirus crisis, Elon Musk says the following: “ “Another government stimulus package is not in the best interest of the people.” “ Tesla TSLA CEO, -6.34% and SpaceX explained …
Read More »Tesla shares soar 5% after company reported surprise second-quarter earnings
Tesla Inc. reported a surprise second-quarter GAAP and adjusted earnings on Wednesday night, sending the stock more than 5% higher in the extended session. Sales also exceeded Wall Street expectations. Tesla TSLA, + 1.52% He said he earned $ 104 million, or 50 cents a share, in the quarter, compared …
Read More »Microsoft, Starbucks and Nike choose to show and tell to drive others to achieve zero net carbon emissions
Microsoft has partnered with Unilever, Starbucks, Nike, and a handful of other global companies that seem to have little in common with established plans to reduce carbon pollution, and what its executives say is a willingness to teach others how to achieve emissions. net zero. 2050. The companies, which also …
Read More »Tesla’s prayer for profit, profit tests for Intel and Microsoft highlight first big week of profit contaminated with coronavirus
To date, this earnings reporting season has lived up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer better news in the coming week. Tesla Inc. TSLA, + 0.01%, Microsoft Corp. MSFT, -0.51%, and Intel …
Read More »This strategist says investors are in the ‘fantasy forest’ when it comes to growth stocks
We have geopolitical tensions to add to a plate of investor concern filled with COVID-19 concerns. However, US stocks point to a rally for Tuesday, after a slow start to the week. Our call of the day from Nordea’s chief macro strategist, Sebastien Galy, says it’s time to be more …
Read More »