NEW YORK The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.
Tesla is “either one of the great Ponzi schemes of all time or its gonna work out,” AutoNation CEO Mike Jackson said at a forum presented ahead of theahead....More>>>
The Dow, the Nasdaq and the S&P 500 closed out Black Friday at record highs. The Dow Jones Industrial Average inched up higher from Wednesdays close, up 0.36% at 19152.14. The S&P also posted another record finish, up 0.39% at 2,213.35.
More noteworthy: the Nasdaq Composite hit new highs as the index gained 0.34% on the day at 5,398.92. The Trump effect put the hurt on FANG stocksFacebook....More>>>
In his seminal paper on portfolio management, Harry Markowitz had identified risk and return as the two most important variables in investment decision making. Any rational investor is supposed to minimize his risks, while maximising his return. However, risk and return go hand in hand. Hence, most of the times, it is extremely difficult to find investments that give superior risk-adjusted....More>>>
U.S. equities moved lower again on Wednesday, pushing the major averages down to levels not seen since the middle of October. In the end, the Dow Jones Industrial Average lost 0.6%, the S&P 500 lost 0.6%, the Nasdaq Composite lost 0.5% and the Russell 2000 lost 0.5%. It was the second-straig
Futures are indicating a break in the rally as investors take stock of how quickly we’ve seen the rally lift stocks. From a technical perspective, the market remains in an overall trading range as we’ve not seen a technical catalyst that can sustain a trend higher in the S&P
It's a crazy claim... Could Wal-Mart (WMT) – a boring retailer – really soar 41% over the next year? History says, "Yes!" You see, the world's largest retailer has been on a hot streak... Wal-Mart recently moved higher for 11 consecutive days
Debenhams (OTC:DBHSF) (OTCPK:DBHSY) faces a number of headwinds that would be difficult to tackle if only one of them were present. Some of them are exacerbated by the potential problems caused by Brexit, but even if Brexit is miraculously, painlessly resolved, there are enough problems in the re