The electric car name remains heavily shortedTesla Inc (NASDAQ:TSLA) confirmed today that the Securities and Exchange Commission (SEC) has issued subpoenas investigating production projections for its Model 3 vehicle. Should government enforcement occur, Tesla has said it could have "material adverse impact on our business."This isn't the first time the Feds and Tesla have battled it out. Elon Mus...Read More
NEW YORK (Reuters) - Concerns that a trade deal between the U.S. and China may not be imminent reined in a rally in world equity markets and reversed gains on Wall Street on Friday, while strong U.S. wage growth boosted U.S. bond yields.Markets had earlier climbed on hopes that the world’s two biggest economies were mending their shaky trade relations.A steep decline in shares of Apple Inc f...Read More
ROME (Reuters) - Italy posted a state sector budget deficit of 3.9 billion euros in October, down by 1.2 billion euros compared with the same month last year, the Treasury said on Friday.October data includes a 1.25 billion euro cash-in from the government’s fifth-generation (5G) frequency auction, the statement said.In the first 10 months of this year, the cumulative budget deficit amounted...Read More
Democrats take control of the Congress and move Trump out of the White House. Sounds unbelievable? So what is probable and what is not? We invite you to read our today's article about the upcoming US Mid-Term Elections and find out what are the likely consequences for the gold market. Will the US Mid-Term Elections Boost Gold? Elections are approaching the US again. Two years after Dona...Read More
Canada Cobalt Works (TSXV: CCW) (OTC: CCWOF) announced today that underground drilling on the first level of the northern Ontario Castle mine, specifically targeting cobalt for the first time at this historic silver producer, has returned high-grade cobalt, nickel and silver grades.Highlights: "These cobalt grades are very high in a global context and demonstrate the unique opportunity at the Cast...Read More
Specialist mining investors have found aRead full newsRead More
Specialist mining investors have found aRead full newsRead More
Undervalued Tinka on zinc radarsRead full newsRead More
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The stock's pullback from record highs could be a buying opportunityHandmade marketplace Etsy Inc (NASDAQ:ETSY) is slated to report third-quarter earnings after the close on Tuesday, Nov. 6. While the shares have pulled back recently with the broader equities market, a historically bullish technical signal is now flashing -- suggesting ETSY stock could be on sale at current levels.Etsy shares touc...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump has not asked U.S. officials to draw up a proposed trade plan for China, White House economic adviser Larry Kudlow told CNBC in an interview on Friday, adding he was not as optimistic as he once was about the two nations reaching a deal.Kudlow said a meeting between Trump and Chinese President Xi Jinping later this month at the G20 summit was defi...Read More
LONDON (Reuters) - European shares had a third day of gains on Friday after U.S. President Donald Trump fueled hopes among investors that a deal to end a prolonged dispute over trade could be reached with his Chinese counterpart Xi Jinping later this month.The pan-European STOXX 600 hit its highest since Oct. 10 in early deals and sealed its best week since Dec 2016, rising 3.4 percent on the week...Read More
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Apple's earnings reaction stifled the stock market's momentumStocks came back with a bang this week, though it wasn't enough to save the Dow from its worst monthly loss since January 2016. While news the U.S. was considering more tariffs on Chinese goods spooked traders early on, an upbeat tweet on U.S.-China trade talks from President Donald Trump sparked a broad-market surge, with the Dow and Na...Read More
"Biome Grow (@BiomeGrow) (#CSE: $BIO) announces supply and production agreement with Newfoundland and Labrador, incl. distribution and retail services[https://t.co/bHPKan8Zxn]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments"Read full newsRead More
WASHINGTON (Reuters) - The Securities and Exchange Commission assessed $3.945 billion in disgorgement and penalties across 821 enforcement actions in fiscal 2018, the agency’s enforcement division said in its annual report on Friday.The total was a slight uptick in activity for the SEC, which reported just 754 actions in fiscal 2017 totaling $3.7 billion in disgorgement and penalties.“...Read More
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping, who spoke by telephone on Thursday, expressed optimism about resolving their trade dispute ahead of a high-stakes meeting at the end of November in Argentina.But within hours of upbeat assessment, the U.S. Justice Department took aim at another Chinese firm it accused of unfair practices, part of an across...Read More
Tesla delivered a new Powerpack system to Nova Innovation's tidal power station in Scotland - creating "the world's first grid-connected 'baseload' tidal power station."...Read full newsRead More
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NEW YORK (Reuters) - The U.S. economy is expanding at a 2.9 percent annualized rate in the fourth quarter, following the latest data on trade balance and domestic payrolls, the Atlanta Federal Reserve's GDPNow forecast model showed on Friday.This was slower than the 3.0 percent pace for fourth-quarter gross domestic product that Atlanta Fed's GDP program calculated on Thursday.Reporting by Richard...Read More