Articles

  • 3 weeks ago | bloomberg.com | Joel Leon

    Tesla vehicles at the company's store in Colma, California. (Bloomberg) -- When President Donald Trump won the election in November, investors viewed Tesla Inc. as one of the biggest winners. That bet now seems to be on shaky ground after investors watched the once formidable alliance dissolve in real time.

  • 3 weeks ago | bloomberg.com | Joel Leon

    Fans cheer during a Beyonce concert in Los Angeles in 2013. (Bloomberg) -- Beyoncé’s Beyhive, Taylor Swift’s Swifties, Scuderia Ferrari’s . Superfans can be found across different mediums, and Bernstein sees them as crucial to growth and profitability in the next phase of the entertainment industry. Bernstein’s Ian Moore kicked off coverage on the sector, initiating Live Nation Entertainment Inc., Spotify Technology SA, TKO Group Holdings Inc., DraftKings Inc. and Warner Music Group Corp.

  • 1 month ago | bloomberg.com | Joel Leon

    Traders work on the floor of the New York Stock Exchange. (Bloomberg) -- US stocks were lower on Wednesday as investors geared up for highly anticipated earnings from Nvidia Corp. The S&P 500 Index closed down 0.6% in New York, pulling back from a strong risk-on rally in the prior session. Meanwhile the tech-heavy Nasdaq 100 Index finished 0.5% lower. Treasuries pared losses after a $70 billion auction of new five-year securities lured solid investor demand.

  • 1 month ago | spokesman.com | Joel Leon

    US stocks gained after a long holiday weekend on signs of cooling trade tensions between the US and the European Union, rebounding consumer confidence and falling bond yields. The S&P 500 Index rose 1.7% at 11:50 a.m. in New York, putting the benchmark on track to bounce back from last week’s four-session losing streak. Meanwhile, the technology-heavy Nasdaq 100 Index climbed 2.0%.

  • 1 month ago | bloomberg.com | Joel Leon

    A trader works on the floor of the New York Stock Exchange. (Bloomberg) -- US stocks gained after a long holiday weekend on signs of cooling trade tensions between the US and the European Union, rebounding consumer confidence and falling bond yields. The S&P 500 Index closed up about  in New York, snapping a four consecutive sessions of losses in the processs. Meanwhile, the technology-heavy Nasdaq 100 Index finished with a  gain.

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