Tag: wall
-
The 4 Business Moguls Cheering For ‘The Little Guys’ In The GameStop Fiasco
Wall Street is still reeling after amateur investors poured money into stocks heavily shorted by multiple hedge funds. Many financiers were not thrilled about amateur investors’ discovery of speculative trading. Omega Advisors CEO Leon Cooperman told CNBC that GameStop traders “have no idea what they’re doing.” Though many wealthy Americans familiar with the financial markets…
-
Fail of the Week: Roboracer Meets Wall
There comes a moment if our job sees the light of day, openly presented to folks who are curious to find the results of our hard work, only for this to fail at a spectacularly awkward way. This is the dreaded “Demo Curse” also it recently befell the SIT Acronis Autonomous team. Their Roborace automobile…
-
Wall St ends lower on fears of slowing economy
Wall Street’s major indexes fell sharply on Wednesday after data showing a cooling system of U.S. business activity along with the stalemate in Congress over more fiscal stimulus increased concerns about the economy while the coronavirus pandemic remains untouched. The Nasdaq and S&P 500 dropped more than 2 percent, and all 11 of the major…
-
Tesla will surge another 24% over the next year as it grows to $100 billion in revenue by 2025, says new biggest bull on Wall Street (TSLA)
JMP Securities on Monday boosted its Tesla price target to $1,500, the most bullish goal on Wall Street. Stocks of Tesla surged as much as 11%, to a all-time high of $1,342. The target cost is according to a trajectory of Tesla getting a company with $100 billion in revenue by 2025. It is 24%…