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SolarCity Corp shares were more than 3 percent lower than Friday’s close on Monday morning after an analyst from Axiom Capital took a look at the firm and decided he didn’t like the price being charged for shares. Gordon Johnson from Axiom put a Sell rating on shares in Elon Musk’s solar vehicle, and put…
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Tesla Motors Inc has been having a tough time since it released the Model X for the first time on September 29. Despite hitting the target release date, at least by a few hours, the firm’s shares have been falling hard since the car appeared. That’s despite the positive reaction from Wall Street, the tech…
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Apple Inc. software has been the target of many attacks in recent times, and there are chances that it could face more hacking attempts in future as its devices reach more markets across the world, a cyber-security expert said on Monday. In an interview to CNBC ‘Closing Bell,’ Anthony Roman, CEO and founder of Roman…
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Tesla Motors Inc held a big launch event for the Model X SUV on Tuesday, but for the thousands of people out there waiting on the car it seems that we’re still a long way away from a real release date. That’s not quite a problem for the firm just yet, but unless real shipments…
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Google Inc , and Facebook Inc heads will be meeting Indian Prime Minister Narendra Modi over the weekend. This gives them a much needed chance to make their point on the issues troubling them in India. India vital for Facebook, Google India, with 1.3bn people, is a very important market for Facebook and Google. Since…
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iShares NASDAQ Biotechnology Index (ETF) is in bubble territory. That’s been true for a very long time. On Monday, after Presidential Candidate Hillary Clinton announced that she had a plan to outlaw some of the pricing strategies used in the industry, the index crashed by more than 4.5 percent. She may have set off the…
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Following the Fed’s decision not to hike interest rates, citing inappropriate timing before seeing further improvement in the labor market and inflation, silver has reached its highest price at $15.22 per ounce, trading in blunt contrast to the $14.31 closing price of September 11. Yet, the messages from the precious metals market are mixed. According…
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Apple Inc. is now providing its own installment plan for buying the iPhone. And customers will have an alternative to wireless carriers’ traditional subsidy and finance schemes. The iPhone Upgrade Program could be a “Big Deal,” with the potential to add up to $0.36 to EPS, according to a report from UBS. At $32.41 a…
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Apple Inc. went through a huge amount of its business at its event on Wednesday September 9, but the firm what Tim Arcuri of Cowen and Co. calls the “most powerful mechanism” it has to drive sales of its hardware in the years ahead. Mr. Arcuri saw the event as a ho-hum affair at which…
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Tesla Motors Inc stock closed up on Tuesday, and has been quick to make a comeback after the US stock market’s downfall in August. This month so far the stock has lost around 0.22% versus 1.53% for the S&P 500 Index. Good day for auto firms Some optimism on Tesla Motors’ stock may have come…
