Shoppers wearing face masks leave a shopping mall in Berlin on April 29, 2020 amid the new coronavirus pandemic COVID-19. john macdougall / Agence France-Presse / Getty Images European stocks fell on Tuesday, reversing the gains of the previous day on concerns about the closure of the state of California …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »Bill Ackman’s Pershing Square wants to raise $ 4 billion for his SPAC
Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
Read More »According to an analyst, why this lateral action of the stock market will be “resolved to the upside”
It has been a largely sideways move for the stock market since early June, but a Wall Street bull is telling clients that this consolidation episode is likely to “resolve to the upside” due in part to historical credit levels. and liquidity. “Over the past week, economic data continued to …
Read More »Dow Jones Industrial Average rises as Tech Rout hits Nasdaq, S&P 500
Text size And so it begins. The Nasdaq Composite has been going up for so long now, it’s hard to remember if it feels like it’s going down. Now we know. Yes, that’s an exaggeration, but not much. He had been active for seven of the past nine trading days …
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