Last week, two bearish analysts finally threw in the towel on Tesla, and the stock market has not stopped running. The stock hit another $ 381 this week, up 24%, expanding its 2020 earnings to around 380%. Shares broke the $ 2,000 barrier on Thursday and, of course, rose again …
Read More »Californians prepare for life without Uber and Lyft – will taxis make a U-turn?
While Uber Technologies Inc. and Lyft Inc. prepared this week to close on riding dogs in California, alternative modes of transportation on-demand say they are ready to pick up the slack. Uber UBER, -0.54% and Lift LIFT, + 1.43% must obey a San Francisco Superior Court judge’s order by midnight …
Read More »Shares run despite inflation news, Stimulus fear
Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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