Elon Musk‘s foray into politics has put a target on Tesla, showing Warren Buffett was right to worry that speaking out could hurt his employees and shareholders.
Musk threw his money and clout behind President Donald Trump’s reelection campaign last year, stumping for the Republican candidate at rallies,
» Read more about: Elon Musk is finding out why Warren Buffett steers clear of politics »
Tesla (TSLA -3.42%) hit a record high of $480 per share in December after Donald Trump won the presidential election. The market assumed the relationship between CEO Elon Musk and President Donald Trump would benefit the company in some way, but that benefit has yet to materialize.
» Read more about: Tesla Stock Dropped 50% From Its High. History Says This Will Happen Next. »
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» Read more about: AAPL, AMZN and GOOGL Forecast – Major US Stocks Stabile in Premarket »
Y Intercept Hong Kong Ltd lessened its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 98.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,624 shares of the computer hardware maker’s stock after selling 279,529 shares during the quarter.
» Read more about: NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Y Intercept Hong Kong Ltd »
Let’s separate fact from fiction.
Tesla (TSLA -3.42%) has long been a battleground stock with very divided views about where the stock will go, and the trenches only seem to have gotten deeper in recent months.
CEO Elon Musk, no stranger to controversy,
» Read more about: Cathie Wood Thinks Tesla Will Hit $2,600 a Share. Here's Why $26 Is More Likely »
Investors have many ways to gain exposure to gold, from directly purchasing gold bullion to more indirect methods like owning shares of public mining companies. While some funds invest directly in the physical metal, others manage a portfolio of gold-related stocks.
To get in on the action,
» Read more about: Best gold ETFs: Top funds for investing in gold »
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Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and your closing. If you want to avoid uncertainty and preserve the rate in your mortgage loan offer,
Money app Plum has raised the interest rate on its easy access Cash ISA to a bumper 5.36% for new customers. The account takes a “market-leading” position in its sector, and savers can launch it with a minimum deposit of £1.
The rate includes a bonus of 1.82% AER for the first three months,
» Read more about: Savings provider boosts interest rate on Cash ISA to bumper 5.36% »
A major change in how the Social Security Administration handles benefit overpayments takes effect Thursday. It could dramatically impact millions of Americans who rely on monthly Social Security payments.
» Read more about: Social Security clawback begins: 100% benefit withholding now in effect »
Stocks are taking a battering on Friday amid growing concerns on Wall Street about the impact of President Trump’s tariff regime as well as hotter-than-expected price data, sparking worries that the Federal Reserve is far from declaring victory on inflation.
The Dow Jones Industrial Average tumbled 758 points, or 1.8%, to 41,541.09 in Friday afternoon trading,
» Read more about: Stock market suffers another wipeout over inflation and tariff fears »
