Chip Somodevilla / Getty Global shares rose on Monday after US authorities signaled the possibility of a potential coronavirus vaccine ahead of the November presidential election. President Trump’s administration is said to be considering the rapid follow-up to an experimental COVID-19 vaccine from the UK ahead of the upcoming elections. …
Read More »Tesla could increase another 71% from current levels, as it unlocks more growth potential in China, says one analyst
Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
Read More »Warren Buffett’s Berkshire Hathaway made $ 87 billion on Apple – more than the entire tech titan market cap in 2009
REUTERS / Rick Wilking Warren Buffett’s Berkshire Hathaway has reported a $ 87 billion profit on its Apple investment, a larger sum than both companies were worth 20 years ago. Apple’s market capitalization was less than $ 87 billion in March 2009, while Berkshire’s market cap in October 2000 was …
Read More »Global stocks jump as Trump signals ‘plan for game changer’ to deliver a COVID-19 fax before the election
Chip Somodevilla / Getty Global shares rose on Monday after US authorities signaled the possibility of a potential coronavirus vaccine ahead of the November presidential election. President Trump’s administration is said to be considering the rapid follow-up to an experimental COVID-19 vaccine from the UK ahead of the upcoming elections. …
Read More »Economists see a chance of a double-dip recession, according to a survey
People stand outside a Kentucky Career Center hoping to find help with their unemployment claim in Frankfort, Kentucky, June 18, 2020. Bryan Woolston | Reuters There is a one in four chance that the economy could fall into a double recession, according to a majority of economists surveyed by the …
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