Nongfu Spring Company Chairman Zhong Shanshan attends the Nongfu Spring New Product Launch Conference on February 1, 2015, in Baishan, Jilin Province, China. Jiang Xin | VCG | Getty Images BEIJING – The massive introduction of bottled water has propelled its founder to the ranks of China’s three richest people, …
Read More »Tesla’s share price is ‘the biggest house of cards’ that is ‘getting ready to fold’, warns an investment research firm
Winn McNemy / Getty Images Summary list placement Tesla’s stock is undervalued, New Constructions CEO David Trainer told CNBC’s “Trading Nation” on Monday. He said: “We think this is a big, big – one of the biggest – houses of cards that are ready to fold.” Tesla’s share price has …
Read More »Goldman gave customers a list of stocks that could rise if the coronavirus vaccine is approved.
View of Mickey Mouse at the entrance to Walt Disney World Theme Park on July 9, 2020 in the Lake Buena vista of Florida. Octavio Jones | Getty Images (This story is just for CNBC Pro subscribers) With several Phase 3 Covid-19 vaccines and preliminary data earlier this month, Goldman …
Read More »In a chart – August Gust 2020 here is where the jobs are
The U.S. economy added more jobs than expected in August as the federal government cut almost all major sectors for the 2020 census and increased retail employment. The Labor Department reported on Friday that payrolls in August rose 1.37 million from an estimate of 1.32 million by economists polled by …
Read More »Stock futures signal muted rebound after tech selfie
US stock futures rose on Friday, signaling that market share losses will return after the S&P 500’s biggest turmoil in nearly three months following the collapse of volatility in high-flying technology stocks. Futures linked to the S&P 500 are up 0.3%, indicating that the broad market gauge is making a …
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