Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »The new Virgin Galactic CEO made a Star Wars attraction at Disney. Wall Street is stumped.
Text size George Whitesides, left, will become Virgin Galactic’s chief space officer. Michael Colglazier takes over as CEO. Courtesy of Virgin Galactic. Shares of Virgin Galactic, a pioneer of space tourism, shot up after the company named a new CEO. He comes from Disney and the former CEO stays. The …
Read More »Look: Violence breaks out when a Spirit Airlines employee tells three women that their flight has been delayed
Spirit Airlines. Florida. It is not necessary to say much more. The combo delivered the commotion this week after a Spirit employee told three women in Fort Lauderdale that their flight to Philadelphia had been delayed. Here’s a clip from the scene, courtesy of Dave Portnoy, the founder of Barstool …
Read More »Longtime critic of Elon Musk has a strong message for investors looking to bet against Tesla
“ ‘It is one thing to bet on Elon Musk, but another to bet against him. The guy specializes in pulling rabbits out of his hat. “ That’s Carson Block, the short seller behind Muddy Waters Capital, speaking to Bloomberg’s Tracy Alloway and Joe Weisenthal in a podcast this week …
Read More »Stocks to buy as the economy recovers
The Chinese economy appears to be on the road to recovery. China’s official GDP figures released Wednesday night showed that its economy grew 3.2% in the second quarter from a year earlier, recovering from a 6.8% contraction in the first quarter. Chinese stocks are also taking off. Large-cap names in …
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