Some analysts believe the euro will lose its gains in the third quarter. What are the reasons?
Tesla surpassed $1000
A leaked email from Elon Musk states: Tesla may avoid loses in the second quarter. If he is right, the company will be included in the S&P 500.
“Breaking even is looking super tight,” CEO Elon Musk wrote to the Tesla stuff. “Really makes a difference for every car you build and deliver. Please go all out to ensure victory!”
The Tesla stock price rose by 141% during this year. The tech giant even outrun its main rival Toyota and became the world’s most valuable carmaker. Its market cap reached 183 billion dollars.
Tesla bet all estimates, when reported profits for the first quarter of the year. Now, analysts again anticipate that the company will lose 2 dollars per share as the automaker stopped production for almost two months amid the coronavirus pandemic. Maybe this time they are wrong again as the company has a lot of tools to reach its goal. For example, Elon Musk may cut expenses and boost sales. Stakes are really high. The upcoming inclusion in the S&P 500 will add the support to the company.
The Tesla stock is moving upward. It may meet the resistance at the recent high of June 10 at $1,025. It has hugely exceeded pre-virus levels. Nevertheless, if some negative factors weigh on the stock, it may dip down to $960. The next support will be at $915. Follow further news!
The tech giant made an announce of a 4-for-1 stock split. How will it affect the stock price?
Where are we going with gold? Let's make a step back - or, rather, travel back in time to throw a strategic look at the gold price.
US stocks are set to open lower Friday, with investors worry over rising tensions between the US and China, deadlock over the next virus relief bill and possible disappointments from the key monthly employment report.
The pair was falling down amid the waning US dollar. However, the situation changed this month.
Dollar continues to keep firmer on the day, all eyes on the US jobs report later.