Text size A Tesla car in Germany in 2015. Getty Images The day has arrived. Stock in the pioneer for electric cars Tesla divides 5 by 1 after the market closes for trading. Tesla (ticker: TSLA) shares will open on Monday at about $ 450-one-fifth of where the stock is …
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It has been disappointing for the bulls that oil prices have failed to erupt in recent weeks, despite a flurry of positive news, including declining inventories and reports that OPEC + producers have mostly sticking to their promise cuts. And now the pendulum has swum to the opposite end and …
Read More »Nvidia stock: Nvidia wants to expand beyond video games. How far it has to go.
Text size The company’s new Ampere chip design is being adopted by the likes of Amazon, Google and Microsoft for their cloud operations. Justin Sullivan / Getty Images As much as Nvidia wants investors to think of it as a data center company, in some ways that transformation remains incomplete. …
Read More »Saudi Arabia refuses to learn from its two failed oil price wars
After failing to achieve the slightest semblance of success in the two oil price wars it started – the first runs from 2014 to 2016, and the second runs from early March to effectively the end of April this year – one could assume that important lessons may have been …
Read More »Tesla stock flirts with $ 2,000. Here’s what History says comes next.
Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
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