Tag Archives: StockMarket

(Bloomberg) — Die-hard Tesla Inc. investors might be forgiven for wondering why the thrill of owning the iconic carmaker’s stock has seemingly disappeared. After all, since catapulting over 700% last year, the shares have barely eked out a 3.4% advance in 2021. Meme stocks like GameStop have pushed Tesla out of the limelight, while Bitcoin has attracted almost all the buzz. But the electric-vehicle juggernaut’s first-quarter results on Monday might be just the thing to change all… Source link

The biggest U.S. tech companies are providing a jolt to the slumbering commercial real-estate business, emerging as major tenants and acquirers of office and other space while many nontech firms are trying to tear up their leases. Five of the biggest property owners in the tech industry—Amazon.com Inc., Facebook Inc., Apple Inc., Google parent Alphabet Inc. and Microsoft Corp.—together occupy around 589 million square feet of U.S. real estate, according to CoStar Group. That is… Source link

(Bloomberg) — Stock markets in the Middle East, the first to trade after Joe Biden’s victory in the U.S. election, are signaling bets the new president will reduce international conflict and push for peace in the region. That optimism outweighed concern that his clean-energy drive could imperil the fortunes of countries whose economies are founded on oil and gas. Stocks in Dubai posted their biggest three-day rally since August. Saudi Arabia extended the longest streak of gains since Oct…. Source link