Following a letter to AT&T's board of directors revealing that it now owned $3.2 billion of the company's stock, activist investor-backed hedge fund Elliot Associates and Elliot International has reportedly said that it is looking at helping...
This is an opinion piece. No references or citations. Only one informed view of things.Artificial Intelligence, or AI, is no longer purely the subject of academic discussion or random projects by maverick entrepreneurs....
Investing is all about the future, and it's good advice for any long-term investor to look five, ten, twenty years down the road rather than at how to make a buck today. The seven companies listed here...
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...