Who needs caffeine after day one of Disrupt 2020? Don’t know about you, but we’re flying high on entrepreneurial euphoria. Are you buckled in and ready to take on day two? Let’s look at just some of the events of the day. You’ve got your work — and fun — cut out for you trying…
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We’re big believers in second chances here at TechCrunch, and that’s great news for early-stage founders who didn’t apply to compete in the Startup Battlefield during Disrupt 2020 (September 14-18). Your second chance comes in the form of two Wild Card entries to the world’s most legendary startup competition. Want a shot to head-to-head with…
The Dow Jones recovery quickened on Monday. Boeing rallied as investors reacted to coronavirus drug headlines and improving TSA data. Donald Trump’s reelection hopes may be fueling risk appetite in the stock market, according to IG. The Dow Jones shot higher to start the week in blistering fashion. The prospect of a fast-track for coronavirus…
Five mega-cap stocks have created the illusion of a fast and complete recovery in the U.S. stock market. If we remove the impact of FAAMG stocks, the S&P 500 would be down for the year. A decline in FAAMG share prices would bring the whole market down. You shouldn’t believe the hype around a stock…
Persona 4 Golden’s PC release has been a smashing success. Sega hopes to replicate it with more retro titles. Could Persona 4 herald the rebirth of “Sega PC?” Twelve years after the base game launched on PlayStation 2, Sega finally ported Persona 4 Golden to PC. The launch was a smashing success, and it caught…
Two months after downgrading Tesla, Morgan Stanley has issued a new rating for the stock. The Wall Street firm sees new opportunities arising from supplying batteries and powertrains. Stanley estimates this business could increase Tesla’s value by $310 per share. Days after Tesla (NASDAQ:TSLA) announced a share split, Wall Street is offering more reasons to…
The Dow Jones briefly traded above 28,000 today for the first time since February. Investors dared to dream that Russia’s coronavirus vaccine claims are legitimate. The Dow outperformed as investors piled into value – and out of tech stocks. The Dow Jones crossed another milestone today, trading above 28,000 for the first time since February.…
Wall Street is worried that China could retaliate against the U.S. over the TikTok ban. China’s retaliation wouldn’t spare Tesla and Apple. China is a significant market for the two companies. There is more at stake following President Trump’s threat to ban TikTok than just the loss of an addictive video app. U.S. tech firms…
The Dow Jones struggled on Friday. A better-than-forecast U.S. jobs report failed to rally stocks. ING believes the bullish data comes at a terrible time for the Dow, given deadlock in D.C. over stimulus. The Dow Jones stumbled on Friday after a better-than-expected jobs report failed to distract investors from the weakness that still pervades…
Investors love energy stocks because of their large, reliable dividends–but it’s a new day. Exxon is losing boatloads of money because of historically low oil prices in the second quarter, and it’s time for investors to tighten their belts. The oil and gas industry needs to slash its excessively large dividend payments instead of brutally…