Tesla chief executive Elon Musk warned you. In May, when the stock of the electric vehicle was less than half of its current value (adjusted for splitting), Musk famously tweeted that his company had been overvalued. Investors finally shared that vote on Tuesday when the stock fell 21 percent after …
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A general view of the Wopakat refinery in Rotterdam port, Rotterdam-based Petrol, diesel and other major oil and oil companies in the Netherlands, including BP, Gwenner Petroleum, VPR Engineering, ExxonMobil or ExxonMobil, ESSO and ShellW. Dean Mohtoroplos / Getty Images European stocks rallied on Wednesday by oil companies and pharmaceutical …
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The Dow Jones Industrial Average will see a handful of significant changes on Monday morning, but that, perhaps, change in how it will be calculated, will be the most important for Wall Street in the near term. Starting Monday’s opening, the so-called divisor – the figure used to determine the …
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This pandemic has clashed with things in ways we could never have imagined, Jim Cramer told his viewers of Mad Money on Thursday. Some of those collisions are good, while others are not, Cramer said. Therefore, he continued to recommend a barbell portfolio that includes both COVID-19 winners and recovery …
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Text size Maddie Meyer / Getty Images Analysts begin to speculate on which of the Covid-19 vaccines could win, after scientists working on two of the most advanced vaccine programs made presentations about their progress at a meeting of a key advisory committee at the Centers for Disease Control and …
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