Business News How Morgan Stanley’s ‘mad scientist’ became the top Wall Street analyst on the space industry Adam Jonas became famous – and to some, infamous – on Wall Street when he called for Tesla's stock to more than double to $70 a share. more info…
Read More »Business News LA Auto Show brings wave of new electric vehicles to take on Tesla, worry about finding buyers Automakers are about to open the floodgates on dozens of battery-based vehicles, from "mild" hybrids to all-electrics, coming to market over the next 12 months. While there's plenty of new cars, an old question remains: will […]
Read More »Reuters: Wealth Losses at Einhorn’s hedge fund Greenlight grow in November Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year. more info…
Read More »Business News Cramer Remix: This company’s earnings could signal a weakening economy Jim Cramer explains how Toll Brothers' earnings could highlight the slowing housing market and confirm that the U.S. economy is weakening. more info…
Read More »Business News Cramer’s lightning round: I’m not a fan of Netflix’s stock as an end-of-year buy Jim Cramer zips through his answers to callers' stock questions, including one about streaming video giant Netflix. more info…
Read More »Energy GE is a buy but with a ‘strong stomach,’ says Wall Street’s ‘dean of valuation’ "I own the stock, but I've got to tell you GE Capital is an anchor dragging this stock down," New York University's Aswath Damodaran says. more info…
Read More »Reuters: Wealth Equities fund Brenham Capital to shut as energy stocks plunge Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on… more info…
Read More »Business News Microsoft is poised to end trading as the most valuable company in the U.S., ahead of Apple If Microsoft ends the year as the most valuable company, it will be the first year it closes out in the top position since 2002. more info…
Read More »Business News Tesla reportedly achieves Model 3 production rate of 1,000 a day Tesla is trying to maintain its Model 3 production rate and reduce the cost of making the car so it can lower its price. more info…
Read More »Energy Watch Putin and Saudi Crown Prince Mohammed bin Salman’s exuberant handshake at G-20 Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman — warmly shook hands with one another, smiled broadly and laughed when they were seated together at the G-20 economic summit in Argentina. more info…
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