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 …
Read More »European markets rebounded as Nasdaq futures rallied
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 …
Read More »Explainer: Why does a party dominate Singapore politics?
SINGAPORE (Reuters) – Singaporeans are expected to return to the People’s Action Party in power in the July 10 general election, extending their uninterrupted rule since the independence of the Southeast Asian island in 1965. Singapore Prime Minister Lee Hsien Loong of the People’s Action Party arrives to deliver a …
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