Text size Al Bello / Getty Images Apple shares climbed to new highs on Monday, crossing the $ 1.7 trillion valuation level for the first time and approaching $ 400 a share, as two more analysts raised the company’s price targets ahead of quarterly earnings. June due July 30. Bullish …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »Bill Ackman’s Pershing Square wants to raise $ 4 billion for his SPAC
Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
Read More »Dow Jones Industrial Average rises as Tech Rout hits Nasdaq, S&P 500
Text size And so it begins. The Nasdaq Composite has been going up for so long now, it’s hard to remember if it feels like it’s going down. Now we know. Yes, that’s an exaggeration, but not much. He had been active for seven of the past nine trading days …
Read More »Bill Ackman’s Pershing Square wants to raise $ 4 billion for his SPAC
Text size Bill ackman Bryan Bedder / Getty Images for the New York Times Bill Ackman’s Pershing Square Capital Management made a splash in late June, when he asked to raise a $ 3 billion blank check company with some unconventional terms. Voluntary initial public offering investors are clearly plentiful: …
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