Tesla Motors hit $2.18 on earnings (ex-items), Revenue reached $6.04 billion against $5.37 billion expected. The company is now eligible to join the S&P 500 Index. Shares of Tesla Motors (NASDAQ:TSLA) are jumping higher after-hours. The company reported its quarterly earnings—and it was a massive beat. The Bright Side of Tesla’s Earnings On the surface,…
Category: Bears
Major stock market benchmarks have rallied more than 30% off their late-March lows. Yet short-interest in the S&P 500 remains remarkably high. JPMorgan strategists believe short-sellers could launch the stock market higher – but what happens next? It’s been called the “most hated Dow Jones rally ever.” But unfortunately for cranky stock market bears, strategists…
Great things were expected of the Chicago Bears and their young quarterback, Mitchell Trubisky, entering the 2019 season. So far, he and the team are grossly underperforming. In an effort to shield the team from criticism, Trubisky had an idea that has just made people more critical of the embattled millennial. Chicago Bears quarterback Mitchell…
Despite the lack of decisiveness in the bitcoin market following the dominant crypto asset’s abrupt drop from $14,000 to $9,500, many analysts – even bearish ones – generally remain confident that the bitcoin price is heading towards a new record high in 2020. The bitcoin price has dropped nearly $5,000 from its yearly high. |…