Stock futures bounced a bit on Monday evening following the market’s worst decline in two years on coronavirus fears.
Gold jumped more than 1.5% on Friday to its highest level in seven years as investors rushed to the metal’s safety due to concerns over the global economic fallout from the fast-spreading coronavirus.
At least a few executives at major automakers have indicated that electric cars are the way of the future, and several of them are making big bets on battery-powered vehicles.
Stocks keep reaching record highs. Goldman Sachs is worried that leaves investors vulnerable to surprises.
Gold touched its highest level in more than seven years on Thursday as investors seek safe haven assets.
Oil prices rose more than 2% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuelan crude from the market.
As investors fear the ongoing impacts of the coronavirus outbreak, and with the bull market stretching on, Citi said gold looks set to outperform.
“Mega-cap earnings strength contrasts with small-cap earnings weakness,” the firm’s analysts led by David Kostin said.
The fund that Simons founded in 1982 added 3.3 million shares of Tesla in the 3-month period ended Dec. 31
The company cited global supply constraints for iPhones and lower Chinese demand as a result of the coronavirus outbreak.
You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that they’re giving the appearance of being at the end of the cycle.
Facebook Inc.’s Mark Zuckerberg is once again calling for more regulation of Big Tech, even if it affects his company’s bottom line.
Its Valentines Day, and love is in the air. But so are big stock gains, with the benchmark S&P 500 and technology-heavy Nasdaq Composite hitting all-time record highs earlier this week.
Gold prices jumped to their highest in more than a week on Thursday after a sharp increase in the number of new coronavirus cases in China renewed fears over global economic impact
Tesla’s battery technology is considered the best in the business. Panasonic makes the cells and trades at 12x PE vs. 200x for Tesla.
