REUTERS / Steve Nesius The personal wealth of Tesla CEO Elon Musk won nearly $ 8 billion on Monday as the stock market smelled 11% after a very low. Musk is now the fourth richest person in the world, according to the Bloomberg Billionaires Index. Overall, Musk’s net worth grew …
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Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
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Aly Song / Reuters Tesla’s mammoth rally through 2020 has room to run as demand rises in China and Battery Day arrives, Wedbush analyst Dan Ives said on Monday. The analyst raised its price target for Tesla shares to $ 1,900 from $ 1,800, implying a 15% jump to record …
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Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
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Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
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