Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
- Morgan Stanley analysts’ bull case for Tesla would see the stock soar to $500 a share.
- They said Tesla’s autonomous technology could be the “great unlock” that turns it into an AI giant.
- That trajectory will be more likely if CEO Elon Musk exerts his new political influence in Trump’s second term.
Investors need to be cautious about investing in stocks based on campaign promises, Wells Fargo says
For investors hoping President-elect Donald Trump’s campaign promises could translate into future stock-market returns, one analyst at Wells Fargo Investment Institute is urging caution.
When Trump won the 2016 election, the common wisdom was that the incoming administration would enact policies that would benefit areas like small caps,
Wall Street Drifts as 'Trump Trade' Momentum Slows
U.S. stocks slipped on Tuesday as the post-election “Trump trade” rally that has energized Wall Street began to lose some steam.
Following Donald Trump‘s presidential victory, investors rushed to buy into stocks they expected to benefit from his policies, but that surge now appears to be cooling.
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Read MoreMastering CFD Trading: Essential Strategies for Success
Trading Contracts for Differences (CFDs) offers a dynamic and accessible way to engage in global financial markets, from forex and commodities to stocks and indices. However, as with any trading instrument, success in CFD trading relies heavily on strategy. With CFDs, traders have the unique ability to profit from both rising and falling markets due to the flexibility of going long or short.
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Read MoreChinese Tech Stocks Fall 20% in Hong Kong From October High
Chinese tech stocks listed in Hong Kong extended their slump from a high in October to about 20%, as investors reduced positions amid rising geopolitical risks and caution toward earnings.
The Hang Seng Tech Index dropped 3.2% on Thursday, with JD.com Inc and Xiaomi Corp among the top contributors to the gauge’s slide.
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Read MoreThe Burst
Market Commentary: S&P 500 4,200 Next?
Last Friday a crack in the markets occurred in the final 30 minutes of trading. Although the session had largely been positive as volatility was crushed early on, selling accelerated into the close. It’s always an ominous sign for the markets when the close heading into the weekend is weak.
A closer look at the long-term trend reveals where the ceiling for the market lies.
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Read MoreThe Ivy
1 Oil Stock Screaming Buy Now
Chevron and Occidental Petroleum are two oil stocks garnering a lot of attention these days, primarily because both are held in the esteemed portfolio of Warren Buffett.
But a closer examination of them both and their rivals suggests another oil stock may be a much better deal right now. So, is it time to buy?
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Read MoreThe Spotlight
Is This Crypto Bank Massively Undervalued?
The concept of currency dates back to the dawn of civilization. Over the centuries, everything from salt to dolphin teeth has been assigned value for the purpose of buying and selling goods and services. Gold and silver might hold the record for most-widely-accepted currency, but metals were eventually deemed impractical for everyday use.
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