Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
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REUTERS / Rick Wilking Warren Buffett’s Berkshire Hathaway has reported a $ 87 billion profit on its Apple investment, a larger sum than both companies were worth 20 years ago. Apple’s market capitalization was less than $ 87 billion in March 2009, while Berkshire’s market cap in October 2000 was …
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FILE PHOTO: A sign for BlackRock Inc hangs above his building in New York US, July 16, 2018. REUTERS / Lucas Jackson BEIJING (Reuters) – China has approved a joint wealth management venture between US asset manager BlackRock Inc (BLK.N), Singapore investor Temasek Holdings (Pte) Ltd and China Construction Bank …
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} Richard Drew / AP Photo Tesla and Apple both grew 5% at record highs on Friday as both companies prepared to share on their next week. Tesla’s shareholder date is Friday at the end of the business, while Apple’s shareholder date is Monday, August 24th. After their respective record …
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} Reuters Billionaire investor Robert Smith is the subject of a federal investigation into possible tax crime, Bloomberg reported Friday, citing unnamed sources. Federal authorities have spent four years investigating whether he failed to pay taxes on $ 200 million in assets that were transferred through offshore entities, Bloomberg added, …
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