Finance
Finance
AMD shares rise again as Wall Street projects big gains for the chipmaker against Intel
AMD shares are soaring after several analysts became more optimistic about the chipmaker’s market share gains over the past month. Cowen said AMD...
Elon Musk hiring Morgan Stanley probably closes the book on ‘funding secured’
Tesla CEO Elon Musk’s hiring of Morgan Stanley this week is just a small step in his ongoing quest to take Tesla private....
Trump is the unsung hero of the world economy
Washington’s huge fiscal and monetary stimuli will give the world economy an estimated $600 billion shot in the arm this year. That amount...
Twitter CEO Dorsey says platform is ‘ready to question everything’ amid banning controversies
Twitter CEO Jack Dorsey believes he has not been transparent enough about his goals for the company, even as it reviews its policies...
Three options strategies for the week: August 20
The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a call spread in Alibaba. Mike...
JP Morgan is back to predicting a Tesla stock plunge because funding was ‘not secured’
Tesla shares will fall dramatically the rest of this year because CEO Elon Musk’s plan to go private is becoming more tenuous, J.P....
Tesla pares losses in volatile trading after falling below $300
Tesla’s stock price fell below $300 per share at one point on Monday as investors in the electric car maker continued to doubt...
There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way
Morgan Stanley is telling its clients there might a way to get funding for Elon Musk’s plan to take Tesla private. “A Tesla...
Campbell Soup downgraded at JP Morgan: ‘We see a sale as an unlikely outcome’
J.P. Morgan Chase downgraded Campbell Soup shares to underweight Friday, arguing that the food company will be hard-pressed to attract a buyer should...
Goldman Sachs downgrades Intel shares to sell due to its chip ‘manufacturing issues’
Intel’s chip manufacturing technology issues are a big problem, according to Goldman Sachs. The firm lowered its rating to sell from neutral for...
Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this year
Wall Street rarely talks about its mistakes, but Goldman Sachs is now admitting it was wrong with its pessimistic view of AMD shares....
The market finally may be ready for a big rotation
All year, two groups felt kind of bulletproof: FAANG names because the growth was so amazing, and small caps (Russell 2000) because the...
Esports video gaming finals meet in real life this weekend in New York
The Overwatch League competes in real life, and in real time, for the Grand Finals this weekend in New York. “Tonight we’re going...
Ellie Mae’s closed loan applications increase despite housing shortage
Ellie Mae reported an increased number of closed loans on its Encompass platform despite ongoing shortages in the housing market. With 721,000 loan...
Russia has been offloading its US debt holdings at breakneck speed–but here’s what’s behind it
The Russian government, previously considered a significant holder of U.S. debt, has been steadily — and sharply — paring down the vast majority...
