Philippe Houchois, equity analyst at Jefferies LLC, upgraded Tesla to buy from hold, moving their price target from $360 to $450, a 24% increase from Thursday’s close.Tesla shares have already gained around 37% in the last...
Trading on the stock market is becoming more popular than ever now thanks to the technological revolution that the sector has seen. Where once it was only really open to professional investment bankers and those who worked on the...
Elon Musk took to his blog to clear up all confusion related to taking Tesla private and why he said "funding secured". The whole mystery surrounding the potential investor for the take-private buyout has now been cleared, so hopefully we'll...
Reuters reported last week that the Saudi Arabia Public Investment Fund (PIF), the nation's sovereign fund, doesn't see itself investing in a Tesla take-private deal. The reason one source gave was that they've already invested in GM Cruise, but...
Earlier this week Tesla CEO Elon Musk made a bold statement on Twitter that he plans to take the company private, and that he already had "funding secured". While that set the market abuzz with rumors and assumptions, there's...
It might be a good idea for Tesla to go private, but there are a few things CEO Elon Musk has dribbled out in tweets that are contrary to all the known methods of taking a public company of...
Tesla Motors CEO Elon Musk's tweet about taking the company private until it "enters a phase of slower, more predictable growth" has the investment world buzzing. And rightly so, because a leveraged buyout of this size (approximately $50 to...
What's it About? NVIDIA reported third quarter 2017 earnings yesterday, which blew past Wall Street estimates. Revenue and earnings grew 32% and 41% respectively compared to last year as the company reported solid growth numbers across all major segments. Why is...
For the first time in its history, Apple's market capitalization went past $900 billion. Apple's stock price closed trading on Thursday, at a 52-week high of $176.24, giving the Tim Cook-led company a valuation of $904.871 billion.There have been...
WeChat's parent company Tencent Holdings has purchased a 12% stake (146 million shares) in Snapchat's Snap Inc. from the public market. Tencent is actually one of CEO Evan Spiegel's early backers, so this is not their first investment in...
EV maker Tesla Motors said Tuesday that it had agreed to buy Perbix Machine Co. Inc., a Minnesota-based designer and fabricator of automated manufacturing equipment. The company already has an existing relationship with Elon Musk's company, having provided custom...
Salesforce.com, the Number One player in the CRM cloud software segment, has just given a booster shot to its already-surging stock price by disclosing its revenue estimates for Fiscal 2019. The company expects 2019 revenues to come in in...
Hot on the heels of Panasonic CEO saying that the automation process for battery production for the Model 3 would soon kick in, causing production to rise sharply, Tesla Motors CEO Elon Musk has come out saying that a...
No one will blame you if you took a look at Under Armour's (UA) stock chart and thought: "Oh my God, they are going out of business!" But nothing of that sort has happened. It's just Mr. Market's typical...
It's been 10 years since things were set in motion for the Great Recession, the biggest financial crisis since the Great Depression of the 1930s. Nearly 10 years ago, on December 2007, the United States officially went into recession,...