Text size A Tesla car in Germany in 2015. Getty Images The day has arrived. Stock in the pioneer for electric cars Tesla divides 5 by 1 after the market closes for trading. Tesla (ticker: TSLA) shares will open on Monday at about $ 450-one-fifth of where the stock is …
Read More »New Zealand stock exchange stops trading for 4th straight day after multiple cyber attacks
The New Zealand NZX exchange is targeting four days of DDoS attacks this week. Getty Images The New Zealand Stock Exchange stopped trading for a fourth day in a row on Friday due to multiple cyber attacks. “We are currently experiencing connectivity issues similar to those caused by severe offshore …
Read More »Dell, VMware shares stand on strength of work from home (and learning)
Dell Technologies Inc. shares rose higher on Thursday as the computer company’s earnings and adjusted earnings exceeded Wall Street expectations. Dell DELL, + 0.48% shares traded 1.8% after hours after closing the regular session at $ 62.43, up about 0.5%. The company reported second-quarter net income of $ 1.1 billion, …
Read More »Bets that the stock market will continue to soar have exploded higher
Even if the stock market trades in record-setting territory, despite the economy being in the throes of a viral pandemic, Wall Street is betting for further gains at its highest level since the dot-com bubble, according to research from Bespoke Investment Group. Options bet that the S&P 500 SPX, + …
Read More »Elon Musk confirms Tesla gigafactory was target of full-blown cyber attack
A Tesla Inc. logo is reflected in the glass of a closed showroom in San Diego. Bloomberg News Elon Musk confirmed Thursday that the gig factory of Tesla Inc. in Nevada was the target of a cyberattack that was banished by the FBI. The blog Teslarati reported on Thursday that …
Read More »