Text size Oracle founder and chairman Larry Ellison Phillip Pharaoh / Getty Images The week started with strange news: Oracle apparently considered a bid for TikTok. Even touching is that hardly anyone on Wall Street talks about it. This would be a big deal. Oracle (ticker: ORCL) is a 43-year-old …
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Text size If you only looked at the headline indexes on Thursday, you would think that the market had done a good job of hanging in there, especially after a disappointing report on unemployment claims. However, a look at the actual stocks that make up the indices tells a very …
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Last week, two bearish analysts finally threw in the towel on Tesla, and the stock market has not stopped running. The stock hit another $ 381 this week, up 24%, expanding its 2020 earnings to around 380%. Shares broke the $ 2,000 barrier on Thursday and, of course, rose again …
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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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Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …
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