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Per Lekander, fund manager at Lansdowne Partners has said that Tesla stock is in a bubble. The stock has looked weak in 2021 after having risen 740% in 2020. The market opinion has always been mixed on Tesla. There is a large section of the market that believes that Tesla stock is in a bubble…
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The price of Bitcoin is sliding below $60,000 only two days after reaching that landmark level as news broke about India possibly moving to approve strong legislation against cryptocurrencies. According to an exclusive report from Reuters, a source close to the government indicated that lawmakers of the fifth largest economy in the world are aiming…
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Mizuho Securities has issued a bullish note on electric vehicle (EV) stocks Tesla and NIO and is predicting them to rise further. Is it time to buy EV stocks now? EV stocks have been very volatile this year. Both Tesla and NIO fell sharply from their 52-week highs and entered a bear market which is…
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Tesla (TSLA) stock fell almost 5% yesterday and took its year-to-date losses to 11.9%. The stock is in a free fall and things might only get ugly from here. Tesla stock now trades below the price level at which it joined the S&P 500 last year. The stock is among the biggest S&P 500 losers…
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2021 was a very volatile year for US stock markets. However, despite the COVID-19 pandemic, they rose to a record high. Here’s what drove the markets in 2021. The year started off well for US stock markets and they hit new record highs continuing their positive momentum from 2019. Markets ignored several risks including geopolitical…
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The price of Bitcoin has bounced back from its late February lows after reports that one of the coin’s largest mining hubs in the world could be facing a government crackdown amid concerns related to high energy consumption levels. Local authorities of Inner Mongolia – an autonomous region that is part of the People’s Republic…
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Are you transferring cash to a friend across the table or sending to a family and acquaintances halfway around the world? Either way, you deserve access to the most affordable, secure, fast, and reliable money transfer service provider. For ages, banks have had a field day when it comes to both local and international money…
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Over the weekend, Berkshire Hathaway, which’s led by the legendary Warren Buffett released its 2020 earnings and annual report that features Buffett’s annual letter. Here are the key takeaways. More than the annual earnings, Berkshire Hathaway’s annual report is awaited for Buffett’s annual letter that over the years has offered valuable insights into his investment…
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Charles Schwab is among the oldest brand names in the brokerage world. It is considered a good choice for online stock brokers and traders at all levels. For advanced users, it seeks to offer the right mix of sophisticated tools. For beginners, it has plenty of learning resources. As a full-service investment company, it ranks…
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Is it safe to trade with UFX? UFX, formerly known as UFX Markets, was established in 2007 by a group of industry professionals. It was created to make a new approach to forex trading. In 2011, the company was regulated by the Cyprus Securities and Exchange (CySEC) under Reliantco Investment Limited entity. Our comprehensive review…
