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Analyst Calls Elon Musk a Charlatan and Terms Tesla Stock Worthless


Tesla is often regarded as one of the most innovative companies in the world and for the right reasons, considering the fact that it remains one of the biggest pioneers in the electric vehicle industry. By the same token, its founder Elon Musk has also acquired a cult-like following all over...

Car Manufacturing Stocks Up in Europe Despite the Onset of Tech Selloff


Over the years, the biggest tech companies in the world have been spooked by a wide range of anti-trust actions brought on by the local regulatory authorities. In a sensational development, the regulatory authorities in the United States regulatory authorities initiated anti-trust action against...

Crypto Assets Outshine Most Traditional Investments in 2019


Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil,...

South Korean Won Gets Hammered With Increase In Foreign Investments


The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...

Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit


When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...

Warren Buffett’s Berkshire Hathaway reveals its Gigantic Stake in Amazon


Warren Buffett is one of the most successful investors in history and over the years, he has been known to make large bets on companies that he believes in, and eventually, he ends up holding them for years. However, at the same time, Buffett is also known to have strong opinions about stocks...

Asian Stocks Show Upward Trend as Trade War Worries Ease


The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...

Uber Sets $82 billion As Floating Price of the Company


Uber, the ride-hailing company has valued its initial public offering at the New York Stock Exchange at $82.4 billion which is the lower end of the target range. The company is hoping to not make the same mistake as its competitor Lyft which had priced its shares at $72 for a share, but its price...

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