I have never been a fan of a stock with a high cost and never turned a profit. Or Telsa. This video does explain why the company is worth more than Ford and GM combined. DATA.
Why Telsa? I understand now.
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Tesla sets 5-1 stock split and its high-flying stock soars again — Financial Post
Tesla Inc on Tuesday announced a five-for-one stock split, sending the electric carmaker’s recently high-flying shares up 7% in extended trade. Read More
Tesla sets 5-1 stock split and its high-flying stock soars again — Financial Post
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks — Financial Post
TOKYO — Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the world’s biggest economy can weather the coronavirus pandemic. Read More
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks — Financial Post
Asian markets set for mixed trade amid U.S. stimulus wrangling — Financial Post
BOSTON — Asian stocks were set for choppy trade on Wednesday after Wall Street dipped amid growing uncertainty about an additional round of U.S. fiscal stimulus. Read More
Asian markets set for mixed trade amid U.S. stimulus wrangling — Financial Post
Investing 101: A few myths about diversification.
Hello future millionaires, today this is a story about stock diversification. While I may not agree completely with the author of the article, the information is well worth your reading time.
Diversification is often described as the only free lunch in investing—reducing a portfolio’s risk without reducing expected return. This idea of spreading money across different kinds of investments is so accepted and so straightforward that it is a fundamental principle that even the most unsophisticated investors know about it.
But while many individual investors think they understand diversification, they often fall prey to certain myths that keep them from fully partaking in this free lunch.
https://www.wsj.com/articles/5-myths-about-stock-diversification-11596896778?st=5qn1g7y8lhmhn1i
Dirty Money: The SEC halts selling of shares of Hertz stock, but, why were people buying it in the first place?
Hertz Global Holdings Inc. raised $29 million selling its likely worthless stock before regulators dissuaded the bankrupt rental-car company from selling more.
The Florida-based company, which filed for chapter 11 protection in May, on Monday disclosed the results of a controversial effort to sell as much as $500 million in shares despite the severe financial strains that drove the company into bankruptcy.
Kodak may not develop after all
The unusual upward swing of Kodak stock is followed by an equally large downward move on the stock.
Eastman Kodak Co. KODK -27.89% shares lost more than a quarter of their value Monday after news that a planned $765 million loan to the company was put on hold as the deal has come under congressional and regulatory scrutiny.
Chinese Electric-Vehicle Maker XPeng Files for U.S. IPO — Financial Post
(Bloomberg) — Chinese electric-car startup Xpeng Motors has filed for a U.S. initial public offering, right behind rival Li Auto Inc. which raised $1.1 billion last month. Read More
Chinese Electric-Vehicle Maker XPeng Files for U.S. IPO — Financial Post
Timbercreek Financial Announces 2020 Second Quarter Results — Financial Post
TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2020 (“Q2 2020”). Read More
Timbercreek Financial Announces 2020 Second Quarter Results — Financial Post
Here’s How a Biden Victory Could Give European Assets a Boost — Financial Post
(Bloomberg) — With the polls and the betting markets showing Joe Biden can beat Donald Trump in November’s presidential election, some money managers are buying European assets in anticipation of the region emerging as a big winner should there be a change of guard at the White House. Read More
Here’s How a Biden Victory Could Give European Assets a Boost — Financial Post
the Java Exchange 