Text size Sean Gallup / Getty Images Tesla stock splits this week. That could mean another wild week of trading. Tesla (ticker: TSLA) shareholders of record on August 21 will receive a dividend of four additional shares of common stock, which will be distributed after the close of trading on …
Read More »Tesla file is unstoppable. Here’s what could go on.
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 …
Read More »How China could repay against Apple and Tesla for TikTok and WeChat connections
Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
Read More »Nikola sells 2,500 garbage trucks. It’s not the Badger, but it’s a better deal.
Text size Nikola also has plans to build driveways with long trainers and a pick-up truck. Courtesy Nikola Nikola shares fell Tuesday, following a 22% bounce on Monday following the announcement of an order for 2,500 battery-powered trucks from waste dumps Republic Services. Investors were hungry for treat of customers, …
Read More »Boeing Is the largest contributor to the Dow today. Here’s why.
Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
Read More »