The 7 best days for Tesla shorts, and what caused them

The 7 best days for Tesla shorts, and what caused them

When Goldman Sachs talks, investors listen. Goldman analyst Patrick Archambault, who covers Tesla, put out a report with a price target on the stock of $84, a 34 percent discount to the prior day close of $127.26. Archambault had come up with three scenarios for the company, based on how many cars it would sell,…
Airports rally around unpaid TSA workers with offers of free food, services

Airports rally around unpaid TSA workers with offers of free food, services

As the partial government shutdown slogs on, the Transportation Security Administration says an increasing number of its officers—who aren't being paid during the furlough – are facing financial difficulties, with some not showing up for work. TSA officers, air traffic controllers and other federal workers who have been showing up for work at airports aren't…
Toyota, Paccar team up on clean hydrogen trucks for polluted LA ports

Toyota, Paccar team up on clean hydrogen trucks for polluted LA ports

"Drivers like these trucks because they are peppy and quiet," Lindgren said. The fuel-cell system that will be used in the prototypes will be supplied by Toyota and is an updated version of an original test vehicle that operated at the ports this past year. The new trucks will actually pair two stacks producing about…
The 2019 GMC Acadia Denali is quieter and more luxurious than any SUV in its class

The 2019 GMC Acadia Denali is quieter and more luxurious than any SUV in...

Acadias start at $29,995. You don't want the base model, but the high-end Denali isn't the best value, either. I recommend the SLT-2 model, which gets you a lot of premium options and ensures you'll have the bigger motor and all-wheel drive. If you want anything but white, you'll spend at least $395 on paint.…
Trump says ‘a lot of progress’ with North Korea but economic sanctions to stay in place

Trump says ‘a lot of progress’ with North Korea but economic sanctions to stay...

ANTHONY WALLACE | AFP | Getty Images North Korea's leader Kim Jong Un (L) walks out with US President Donald Trump (R) to face the media after taking part in a signing ceremony at the end of their historic US-North Korea summit, at the Capella Hotel on Sentosa island in Singapore on June 12, 2018.…
In the absence of Trump, Brazil’s Bolsonaro likely to be the star attraction at Davos

In the absence of Trump, Brazil’s Bolsonaro likely to be the star attraction at...

Evaristo Sa | AFP | Getty Images Brazilian President Jair Bolsonaro delivers a speech during the appointment ceremony of the new heads of public banks, at Planalto Palace in Brasilia on January 7, 2019. Brazil's newly-elected populist President Jair Bolsonaro will take center stage at the World Economic Forum (WEF) next week, taking the baton…
Tesla has $920 million in debt that’s coming due — and it could wipe out a large chunk of the company’s cash

Tesla has $920 million in debt that’s coming due — and it could wipe...

Tesla has a billion dollar debt coming due, and it could wipe out nearly a third of the company's cash if the stock price doesn't improve. About $920 million in convertible senior notes expires on March 1 at a conversion price of $359.87 per share. But Tesla's stock hasn't traded above $359 for weeks. If…
Seems like investors just overreacted—big time—when they dumped all that stock

Seems like investors just overreacted—big time—when they dumped all that stock

Keon said the market is not signaling a recession although in the heat of December's downdraft, many strategists said the market was reflecting that fear. "It's way too early to say this is the beginning of a recession. the data has been mixed. Industrial production was good," he said. However, consumer sentiment plummeted from December's…
Jack Bogle feared this one thing most and it drove him to revolutionize investing with Vanguard

Jack Bogle feared this one thing most and it drove him to revolutionize investing...

Bogle believed that culture trumped strategy every time and that Vanguard would be a place where everyone's contribution was valued and respected, McNabb told CNBC on Friday. The culture Bogle fostered at Vanguard was one of hard work, treating everyone with respect, always doing the right thing and putting clients' interests first, McNabb said. Bogle…
Disney is already losing over $1 billion in streaming, and its Netflix competitor has yet to launch

Disney is already losing over $1 billion in streaming, and its Netflix competitor has...

Losses in streaming will likely surge in the early days of the venture, as content and technology costs spike, said Rich Greenfield, an analyst at BTIG. Disney has also yet to assume control of another 30 percent of Hulu, part of its $71.3 billion deal for the majority of 21st Century Fox. If Disney were…

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