As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.
In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).
As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.
Tesla successfully manages to raise $2.31 billion in a stock offering after the TSLA stock saw a massive run-up to above $900 levels on Wednesday, February 19. The company plans to use these funds by making investments in Europe.
While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.
S&P 500 and Nasdaq Composite, as well as Dow Jones Industrial Average index, have set new records as tech stock has jumped. Some stocks, like Virgin Galactic (SPCE), are also in green.
The user base growth and monetization efforts could push Facebook (FB) stock price to $250. The number of users and stock earnings increase despite the controversies surrounding the popular social platform.
Tesla (TSLA) stock is moving higher and regularly conquers new peaks despite all the negative expectations. One of the reasons is the fact that top investors believe in it.
S&P 500 and Nasdaq reached an all-time high supported by the stability of the U.S. economy and assurances from Chinese authorities to help businesses affected by the coronavirus outbreak.
The moderating growth of Facebook (FB) stock is a result of various scandals around the social media company. The biggest problem that brings worries is privacy.
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%.