Elon Musk: Managing the Weight of Success
Analysts Gene Munster and Doug Clinton of Loup Ventures dig deeper into Tesla CEO Elon Musk's interview last week with The New York Times.
All Work
Paul Ausick
Thumbs Down on Tesla From JPMorgan
Analysts at JPMorgan have maintained their Underweight rating on Tesla stock and cut their price target by 36%. The firm believes funding for a take-private transaction is "much less developed" than they had previously…
Venezuela Issues New Currency, Lifts Wages 6,000%
In an effort to right the country's collapsed economy, Venezuelan President Maduro has issued a new currency and raised wages for workers. The announced steps have almost no chance of making a difference.
IPO News This Week: Little Action Last Week, but That Will Change Soon
The IPO market remains on its annual August vacation, but the holiday is set to end with a bang as nine companies filed for offerings last week. The outlook for September shapes up for…
$12 Million Jackie Gleason Home Is Week’s Most Viewed
The Cortlandt Manor, NY, estate of the late comedian and actor Jackie Gleason is on the market for $12 million.
VW’s New CEO: What He Knew about Emissions Scandal and When He Knew It
Newly released documents related to Volkswagen's diesel emissions scandal reveal that the company's new CEO was aware of the issued months before the company publicly acknowledged the cheating.
Gold Prices Slide on Stronger Dollar
Since the beginning of 2018, gold has lost about 10% of its value and is currently trading at levels not seen in more than a year and a half. Why are investors looking elsewhere,…
Apple Returns to Perch as Dow Top-Performing Stock
After an absence of more than a year, Apple is once more the top-performing Dow stock for the year to date. Considering the company's market cap of $1.05 trillion, that's quite an accomplishment.
3M Holds on as Dow’s Poorest Performing Stock
The worst-performing stock among the Dow 30 last week was 3M. The company's stock has been consigned to the cellar for two consecutive weeks now.
JC Penney, Applied Materials Visit Friday’s 52-Week Low Club
JC Penney, Applied Materials, JD.com, and Nemont Mining all posted new 52-week lows Friday.
Apple, Caterpillar Dominate the Dow Friday
Caterpillar, Apple, Pfizer, and Cisco were Friday's top-gaining Dow stocks.
US Oil Rig Count Unchanged, Crude on Track for 3% Weekly Loss
The U.S. land-based rig count remained unchanged this week and the total number of land-based rigs also stayed the same. Crude prices dipped, however, as volatility tightens its grip on the market.
Walmart E-Commerce To Rise 40% of an Undisclosed Number
When Walmart reported earnings Thursday it touted its e-commerce sales and stuck with a forecast for 40% growth in e-commerce sales this year. We try to figure out what that means.
August Consumer Sentiment Slides to 11-Month Low
The University of Michigan's preliminary consumer sentiment index reading for August hit an 11-month low as consumers are worrying more about inflation. Final numbers for the month come out on August 31.
Nvidia–Crypto Stings, Big Picture Intact
Nvidia reported quarterly earnings Thursday evening and missed estimates due to low demand for chips in the crypto mining business. Loup Ventures takes a look at the company going forward.
Aretha Franklin Sold 75 Million Albums
The death of Aretha Franklin on Thursday ended a career that spanned six decades with record sales of more than 75 million records. The numbers barely do justice to the Queen of Soul.
Deere Tries to Dress Up a Weaker Outlook; No One Is Fooled
Farm and heavy equipment maker Deere & Co. reported better-than-forecast revenues and profits for its fiscal third quarter, but a lowered outlook is all investors are seeing.
JC Penney, JD.com Fall into Thursday’s 52-Week Low Club
JC Penney, JD.com, Coty, and Pain Therapeutics all posted new 52-week lows Thursday.
Walmart, Boeing Boost the Dow Thursday
Walmart, Cisco, Boeing, and Caterpillar provided the biggest boosts to the Dow index Thursday.
Rebuilding the Employment Security System for the Rust Belt That Created It
The country's economic security system developed in the manufacturing cities in the upper Midwest spread the benefits of a booming U.S. economy in the post-World War II era. Those benefits have eroded and need…