Performing well over the course of a couple months, or in a particular market environment, is one thing. But the true test of a stock market star is whether a consistent track record of exceptional returns can be maintained over the course of several years. Within the S&P 500, five stocks pass that test with […]
Read moreTesla is trying to disguise layoffs by calling the widespread terminations “performance-related,” allege several current and former employees. On Friday, October 13th, the San Jose Mercury news first reported that Tesla had dismissed an estimated 400 to 700 employees. That number represents between 1 and 2 percent of its entire workforce. But one former employee, […]
Read moreVolvo’s former performance brand Polestar has just entered the race to electrification. Volvo and Chinese parent company Geely unveiled the first model of its new Polestar electric brand, and announced a more than $750 million investment to develop the brand further. It is the first step to developing high-performance electric cars that are aimed at […]
Read moreAmazon’s early lead in the home is a problem for Google — and not just because Alexa is outselling Home by a wide margin. In the new world of voice-powered computing, Amazon is rolling out popular features like skills and reminders that take users entirely out of Google’s massive ecosystem. Late last month, Google added […]
Read moreThe regional policy chief of embattled ride-hailing company Uber is leaving to join ChargePoint, a U.S. electric-vehicle charging-network maker that has attracted major financial backing from European transport companies. Christopher Burghardt told Reuters in an interview on Tuesday that he plans to join ChargePoint early next month as its lead regional executive. He will oversee […]
Read moreTesla will thrive in the world’s largest auto market, according to one Wall Street firm. Piper Jaffray reiterated its overweight rating for Tesla shares, saying the company’s electric car quality is far ahead of its peers in China. “After meeting with an electric vehicle (EV) trade group this week in Beijing, we still think Tesla […]
Read moreMicrosoft is rolling out its big new Windows 10 Fall Creators Update at 1pm eastern today. It includes plenty of new features, but the biggest is support for new Mixed Reality headsets that are sold by Microsoft partners including Samsung, Dell, Lenovo, HP and Acer. They’re Microsoft’s big take on virtual reality and provide a […]
Read moreNetflix‘s stock wasn’t rising sharply Tuesday because Wall Street analysts are wondering how long the video streaming giant’s growth can continue, CNBC’s Jim Cramer said. There was also “a little bit too much enthusiasm” after Monday’s closing bell, when Netflix reported earnings that beat forecasts, Cramer said Tuesday on “Squawk on the Street.” Shares of […]
Read moreAmazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance. Since the beginning of the year, Amazon has opened a new engineering office in Mexico City, while Facebook has partnered with local groups to develop technical talent in the region. […]
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BARELY a day goes by at the moment without Wall Street hitting a new record high. The market has kept marching upwards despite all the headlines about the North Korean nuclear threat, a potential break-up of NAFTA, and natural disasters like hurricanes. If you want to know why the market keeps rising, just look at […]
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