Tag: stock
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Volkswagen as the next Tesla is firing up stock investors
What a month for Volkswagen AG: The shares have soared the most in more than a decade and along the way its two classes of stock have gotten seriously out of whack, resurrecting memories of one of the biggest short squeezes in history.The stock started taking off last week as investors bought into the Germany…
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Blink, NIO, Nikola or Li Auto: how much money you would have made by investing €1,000 in Tesla’s electric rivals a year ago
This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here. For years now, electric cars have been on everyone's lips and there are warnings about…
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Raamdeo Agrawal’s 10 commandments to mint money in stocks
If you are looking for a multibagger stock, here’s a simple tip from Dalal Street veteran Raamdeo Agrawal – hunt for stocks where the growth is high, but the valuation is low.“If the valuation is high and growth is also high, it is a speculative thing. When growth is high and the valuation is low,…
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Buzz: Rich desis buy ‘poor man’s Tesla’ shares
ET’s weekly roundup of their wackiest whispers and murmurs in corporate corridors & policy parlours:Hello GoodbyeThis bulge-bracket US private equity firm was a revolving door for quite a while. When we thought stability was eventually returning, using a brand new senior employ from an rival blue-blooded group, word is in that a McKinsey suit-turned-long-serving director…
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Amateurs beat Wall St pros at their own game
The GameStop incident has caught the attention of markets, regulators and governments worldwide. It has been a classic financial power tussle between a swarm of amateur traders and the influential hedge funds, in which the former emerged victorious. ET looks at what transpired:WHAT IS THE GAMESTOP EPISODE ALL ABOUT?It revolves around an NYSE listed video…
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Tesla’s road to the S&P500 was a wild ride, these charts show
By Esha DeyIn a tumultuous season for shares, few tales are as dramatic as the breakout for Tesla Inc.The electric-car maker led by the billionaire Elon Musk can start trading as a part of the S&P 500 Index on Monday, capping a string of 2020 milestones. Now, a market driven by fanatical believers in the…
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Elon Musk Loses Record $16.3 Billion In Just One Day
PA Images Tesla CEO Elon Musk lost a record $16.3 billion in a single day, following the company’s shares plummeted by 21 percent. In just 1 afternoon, $100 billion dropped from Tesla’s economy value – its largest ever fall, coming after what seemed like a triumphant rally of inventory. For Musk, his loss in net…
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Clinton-Era Economist Accuses Musk Of Shorting Tesla Workers, Cites Stock Performance; Musk Responds
Tesla CEO Elon Musk exchanged jabs using economist Robert Reich, the former secretary of labor under President Bill Clintonand after the left-leaning scientist accused him of shorting his employees because of modern-day robber baron. “Tesla forced all employees to take a 10 percent pay cut out of mid-April till July. In exactly the identical interval,…
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You think FAANG is distorting the S&P? Consider ATM
By Shuli RenMany have lamented the lack of depth in the US stock market, marveling at how a handful of big tech companies have grown to dominate almost a quarter of the S&P 500 and become responsible for all of this year’s gain. But that lopsidedness is nothing next to China, where the top three…
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Uber will acquire food delivery startup Postmates in $2.6 billion all-stock deal, reports say
Uber is utilized to get food delivery startup Postmates at a $2.6 billion all-stock deal, both The New York Times and Bloomberg reported Sunday. Postmates was co-founded by Bastian Lehmann, Sam Street, and Sean Plaice at 2011 and has grown to include a fleet of over 500,000 members and 600,000 retailers across 50 states. Last…