Finance

Still, for Tesla, a cursory glance at headlines in the past few weeks shows an exceptional growth in the division between Tesla optimists and pessimists. For example, Baird reiterated its outperform rating on Wednesday, predicting the Palo Alto, California-based automaker will make significant progress in its Model 3 output. The firm”s analyst, Ben Kallo, reaffirmed
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President Donald Trump on Wednesday downplayed expectations for a China trade deal to be hatched soon, instead signaling potential for a new direction for trade talks between the world’s two largest economies. “Our Trade Deal with China is moving along nicely, but in the end we will probably have to use a different structure in
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American beef, corn and soybeans could benefit the most from the latest trade agreements between the U.S. and China. Over the weekend, the two countries issued a joint statement stating that both “agreed on meaningful increases in United States agriculture and energy exports,” bringing temporary relief to a heated trade dispute. While analysts said the
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“The number one and two merchants we see in the Cash app are Walmart and McDonalds,” said Dorsey, who is also the CEO of Twitter. “This is everyday usage.” Nomura analyst Dan Dolev told CNBC the banking opportunity is “huge” for Square, and that likely isn’t priced to the stock. “Square could become a one-stop
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Crypto trader Ran Neu-Ner told CNBC that the U.S. Securities and Exchange Commission needs to establish ICO (initial coin offerings) regulations — or risk stifling an entire American industry. “My fear is that the U.S.A. may actually be falling behind,” Neu-Ner said on “Fast Money” Thursday evening. Neu-Ner, who is host of CNBC Africa’s “Crypto
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Investors have sent $1 billion into digital coin projects that flash warning signs for fraud, The Wall Street Journal reported Thursday, citing its own analysis. In a review of 1,450 digital coin offerings, the Journal said it found 271 bore red flags such as plagiarized documents or fake executive information. Investors have already claimed losses
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Steve Eisman, the investor whose forecast of the financial crisis was depicted in “The Big Short,” criticized a German bank and digital currencies on CNBC’s “Squawk Box” Thursday. The Neuberger Berman portfolio manager confirmed his fund is short Deutsche Bank. “Deutsche Bank has a very simple problem. It doesn’t make money. That’s a pretty shocking
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