Category: Street

Wall Street is Watt-Heavy on Tesla Stock – They Just Don’t Know It Yet
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Wall Street is Watt-Heavy on Tesla Stock – They Just Don’t Know It Yet

Wall Street is showing “unbridled optimism” towards electric cars, a Cox Automotive analyst says. The market data shows Tesla stock has a higher sell-rating than the average Dow Jones stock. The valuation gap between Tesla and its competitors might fuel demand for newly-emerging companies, but the former’s bull case is based on fundamental figures. Wall…

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Dow Claws Back as Wall Street Warms up to Joe Biden
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Dow Claws Back as Wall Street Warms up to Joe Biden

The Dow Jones recovered from triple-digit losses to trade flat on Monday afternoon. Positive vaccine and stimulus news helped lift the Dow out of the red. Bank of America predicts Joe Biden could actually be a positive for the U.S. stock market. The Dow Jones dove toward losses of nearly 200 points on Monday, before…

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Dow Stumbles as Wall Street Debates the Case for Negative Rates
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Dow Stumbles as Wall Street Debates the Case for Negative Rates

The Dow Jones stumbled on Thursday after another dire jobless claims report. Speculative trading is dominating retail investment platforms, while seasoned stock market investors sit on the sidelines. The Federal Reserve may discuss negative rates this month. The Dow Jones went nowhere on Thursday after another miserable jobless claims report snapped the U.S. stock market’s…

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Dow Recoils as Wall Street Bulls Balk at Nauseating Economic Data
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Dow Recoils as Wall Street Bulls Balk at Nauseating Economic Data

The Dow Jones snapped back into decline on Wednesday. Stock market bulls recoiled as they came face to face with some horrific U.S. economic data. Billionaire Ray Dalio is back with another bold prediction. The Dow Jones recoiled on Wednesday as investors confronted horrific economic data that dented the resolve of even the most resolute…

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Downing Street: Boris Johnson Stable, Responding to Treatment
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Downing Street: Boris Johnson Stable, Responding to Treatment

UK Prime Minister Boris Johnson is in a stable condition in intensive care and responding to treatment, his spokesman has said, in positive news that follows days of apparently worsening infection with coronavirus. In a closed briefing with Westminster lobby journalists Wednesday, a spokesman for Boris Johnson said he was “clinically stable and responding to…

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