While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.
Optimism over Tesla’s growing solar business has added more fuel taking the TSLA stock price above $900 billion. Some experts expect Tesla’s solar business to generate $165 billion in annual revenues in a few years from now.
Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.
Figures reported by Walmart as earnings for its 2019 fourth quarter have disappointed the market and falls short of analyst expectations. As a result, the price of Walmart (WMT) started falling.
The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.
Tesla (TSLA) stock has reacted positively to the news about the company’s talks with CATL, a Chinese producer of cobalt-free batteries.
Alphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue. Alphabet (GOOGL) stock may reach new highs.
Elon Musk has expressed displeasure with Bill Gates after the Microsoft founder revealed he bought a Porsche Taycan and not a Tesla. TSLA stock is rising.
Morgan Stanley’s Adam Jonas reportedly increased his highest and most optimistic projection for Tesla to $1,200 per share from $650, indicating that he is convinced the TSLA stock will surge further.
Bombardier announced it will sell its rail division to Alstom, a France company, for $8.2 billion as it wants to focus on the aviation sector.
This top fund asset manager took a chance with Tesla (TSLA) stock last year. The chance has obviously already paid off and Tesla still continues to surge.
HSBC 2019 full-year earnings failed to meet the expectations. When it was revealed, HSBC shares price started to fall.
Here’s a look at how the top companies are now trying to position themselves in this massively expanding global economy and reach a $2 trillion market cap.
Apple (AAPL) stock could suffer as Apple has said that its profit will not meet the target this quarter because of problems caused by the coronavirus.
Amazon (AMZN) stock price is doing quite well in regards to the current U.S. economic state and analysts foresee the stock price hitting $5,000 in 2023.