Month: September 2020

Due to the increasing popularity of plug-in electric vehicles, traditional automobile manufacturers have struggled for both traction and relevance. One example is Toyota (NYSE:TM). Source: josefkubes / Shutterstock.com Although legendary for its accessible and reliable cars, what consumers and investors think about the brand seems radically different. Since the second half of 2013, TM stock
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Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Baillie Gifford, Tesla’s largest outside shareholder, has reduced its position in the electric auto maker after the company’s rapid share appreciation made it an outsized influence on the firm’s holdings. A filing with the Securities and Exchange Commission
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You knew this was coming. The market internals had been flashing warning signs for a couple weeks: very few new highs, very sloppy advance/decline line, low short interest, and a lot of talk about FOMO (Fear of Missing Out) and TINA (There Is No Alternative). All signs of frothiness. So what is this? Is this
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Concerns that the U.S. government will ban the Chinese social media app TikTok is taking its toll on Fastly (NYSE:FSLY) stock, with the company’s shares down nearly 33% over the past month. Source: Pavel Kapysh / Shutterstock.com Does this mean the dramatic ride in Fastly is coming to an end? Not at all. And despite
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SpaceX deploys 60 Starlink satellites in orbit. SpaceX SpaceX gave an update on early tests of its Starlink satellite internet network, which showed speeds capable of playing online video games and streaming movies. Starlink is the ambitious plan by Elon Musk’s company to build an interconnected network of about 12,000 small satellites in low Earth orbit.
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The market had expected a 48 bcf injection Natural gas pulls back Inventories remain at a high level 11 weeks to go until the 2020/2021 withdrawal season Since late June, the natural gas market has been a bullish beast. The price dropped to a quarter of a century low on the nearby NYMEX futures contract
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