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 »Tesla and other ‘extra capsules’ will eventually lead to today’s bubble, investors warn
Marketwatch Photo Illustration / Getty Images “ ‘It’s impossible to say when and how it ends. But with Gajveer assets being bought by the Fed and always achieving a softening on its 2% inflation target, the bubble is definitely one of the biggest in the history of the stock market. …
Read More »European stocks rallied after Wall Street awaited the resumption of Wall Street
EasyJet aircraft were parked behind a car park at Stansted Airport in the United Kingdom, 3020, 2020. Dan Kitwood / Getty Images European stocks hung on most of the previous day’s gains, as traders waited for Wall Street to return after a three-day break. 1.7% above when US markets were …
Read More »Rising European stocks, separated from US tech fears
A worker assembles a VW ID3 electric car at a Volkswagen factory on July 31, 2020 in Zwickau, Germany. Jane’s Sloater / Getty Images European stocks improved on Monday, after rough weeks for markets. Stocks Europe 600 SXXP, down 1.9% last week + 1.06% Renault rose 1.1%, with automobile manufacturers …
Read More »Of all the major changes that took place in the Dow on Monday, this may be the most important
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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