Elon Musk’s electric car company Tesla failed to meet expectations on first-quarter earnings as the demand for Tesla vehicles appeared to sharply drop. The company lost more than $700 million in the first three months of 2019.
Over 100 tech startups valued at $1 billion with private funding, known as “unicorns,” could reportedly go public this year.
The Fed looked everywhere but in the mirror as it sought to understand market volatility in December.
Tech giant Apple is reportedly facing a potential class-action lawsuit from shareholders for failing to warn them of the lack of demand for new iPhones.
President Donald Trump reminded the world Wednesday that even after a December stock “glitch,” the market is still up 30 percent, with more trade deals coming.
Apple shares dropped 7 percent after CEO Tim Cook lowered the company’s projected revenues for the first quarter of its 2019 fiscal year, blaming China’s slowing economy for the shortfall.
Thursday on CNBC’s “Mad Money,” host Jim Cramer said he did not trust the current Federal Reserve chairman, Jerome “Jay” Powell. Discussing the volatility in the stock market, Cramer said, “I need the Fed to shut up. I don’t trust
The Dow Jones Industrial Average rocketed upward Wednesday in the highest single-day point increase ever and highest percentage raise in nearly a decade.
Stocks may well rebound in the new year. But for now, Jerome Powell has put a giant lump of coal in America’s Christmas stocking.
Dow Jones Industrial Average slid more than 650 points on Monday, marking the worst Christmas Eve trading day on record.
Another miserable day on Wall Street knocked 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points.
Mark Zuckerberg has lost more money in 2018 than any of the top billionaires in the world, after Facebook suffered a devastating year. His losses for the year are estimated at $19 billion.
Another “fear itself” day pounds stocks.
The stock market seems to have shattered CEO confidence in the American economy.
Most federal government offices will be closed on Wednesday as many federal workers will get the day off.
“We are either going to have a REAL DEAL with China, or no deal at all – at which point we will be charging major Tariffs against Chinese product being shipped into the United States,” Trump wrote on Twitter.
Worries about growth and trade battered the stock market Tuesday.
Twitter’s stock dropped, Thursday, after the social network faced controversy for banning two conservatives: Jesse Kelly and Laura Loomer. Financial news site the Street believes the drop is tied to fears of a conservative boycott of the social media platform.
“They’re waiting for the results of the midterms, and if the midterms for some reason don’t do well for Republicans, I think you’ll all lose a lot of money,” Trump said, referring to stock market investors regaining some of the October losses.
Facebook, Amazon, Netflix, and Google parent company Alphabet, known collectively as the “FANG” stocks, lost a combined $200 billion in market capitalization on Monday
President Donald Trump said “the Fed has gone crazy” in remarks to reporters as he deplaned in Erie for a Wednesday night Pennsylvania rally.
The new records come just days after the Trump administration announced that it was placing tariffs on an additional $200 billion of Chinese goods.
The great fear of a tariff-led stock market crash once again got crushed by reality.
Shares of traditional U.S. automakers were some of the best performers of the day. General Motors was up 4.8 percent. Ford rose 3.2 percent. Goodyear Tire & Rubber rose 3.27 percent.
The latest evidence that President Donald Trump’s trade war is not the disaster “experts” predicted came via the Wall Street Journal on Tuesday: investors are moving their money into the United States as Trump’s aggressive policies destabilize competing markets.
On Thursday, at the Black Hat cybersecurity conference in Las Vegas, IOActive Inc. outlined the vulnerabilities of many popular investment apps.
According to recent reports, Tesla analysts are “just as confused as everyone else” following recent comments from Elon Musk which laid out the idea of taking the company private.
Elon Musk may be considering taking Tesla private for all the wrong reasons.
Tesla CEO Elon Musk emailed employees today to discuss the possibility of the company going private, saying “a final decision has not been made,” and complaining about investors short-selling the company’s stock.
Facebook’s drop in stock price of nearly 20 percent marks the largest one-day stock market decline in U.S. history, at $119 billion.
