Yahoo Finance DigitalOcean Stock Sees Relative Strength Rating Swim Upstream To 79
A Relative Strength Rating upgrade for DigitalOcean shows improving technical performance. Will it continue?
A Relative Strength Rating upgrade for DigitalOcean shows improving technical performance. Will it continue?
The small business laid bare just how much customers were paying in card surcharges.
The woman from Brisbane is urging others to look out for the red flags she missed. Read more here.
There is one fear plaguing the vast majority of working Australians, and experts say it’s not going away.
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.
"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."
Money saving expert Joel Gibson shares the easy ways you can claw back cash.
She’s relying on that rent to put her son through college.
One real estate expert says, “this is just the beginning.”
An expert has shared the five best - and five worst - things you can do this tax time to get the best possible return.
Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently over fraudulent certification tests for vehicles, a major embarrassment for a company that prides itself on a reputation for excellent quality. The raft of problems at Japanese automakers including Toyota are said not to involve any safety problems and no recalls were announced.
The Star Entertainment Group Limited ( ASX:SGR ) shareholders should be happy to see the share price up 11% in the last...
One of London's most prominent venture capital investors will this week change its name following the death and resignation of its two co-founders. Sky News understands that Hambro Perks, which counts a stake in What3Words, the location-mapping service, among its holdings, is to rebrand as Salica Investments. Hambro Perks was founded by Rupert Hambro, an investment veteran who died in 2021, and Dominic Perks, who left the firm last year.
(Bloomberg) -- As a renewed bout of GameStop Corp. fever gripped the meme-stock faithful, fans of trading influencer Keith Gill waited for one moment: The day their hero, aka “Roaring Kitty,” aka “Deep F—-ing Value,” would become a billionaire.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiDanes Asked to Keep Supplies, Iodine Pills to Prepare for CrisesYes, Everyone Really Is Sick a Lot More Ofte
It's Friday morning, but even the stock market can't afford to take a three-day weekend! Morning Brief Hosts Seana Smith and Brad Smith guide investors through the leading industry stories and into the day's market open. Wall Street and tech investors are abuzz about Tesla (TSLA) and what CEO Elon Musk's pay package — valued at around $46 billion in the company's current stock price — is indicating about the future growth of the EV maker. Wedbush Securities Managing Director & Senior Equity Analyst Dan Ives details his latest forecast stipulating Tesla's market cap could be over $1 trillion in 2025. Clean Energy Transition CEO and Portfolio Manager Per Lekander later chimes in on why he believes Tesla is "the biggest stock market bubble in history" and that it could be "the next Enron." In stock news, Apple (AAPL) continues to hold the most valuable company title at the open after it's market cap surpassed Microsoft's (MSFT). France's CAC 40 (^FCHI) exchange takes a hit, falling by well over 2% as political tensions over France's snap election create unease in the market. This post was written by Luke Carberry Mogan.
(Bloomberg) -- China’s once-mighty shoppers have turned into reluctant spenders in the face of an economic slowdown, a shift that’s proving particularly painful for stocks related to premium brands.Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiDanes Asked to Keep Supplies, Iodine Pills to Prepare for CrisesYes, Everyone Really Is Sick a Lot More Often After CovidMeloni Uses the G-7 to Put Focus
(Bloomberg) -- Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiDanes Asked to Keep Supplies, Iodine Pills to Prepare for CrisesYes, Everyone Really Is Sick a Lot More Often After CovidMeloni Uses the G-7 to Put Focus on the Global South — And H
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