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Tesla, Inc. is onto something. The firm’s bleeding edge approach to the auto industry has grabbed more attention than any automaker since DeLorean, and investors are reaping the benefits. Fame and riches like that are bound to attract imitators, however, and the firm has got a whole slew orbiting it. One in particular, Nikola Motor,…
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Berkshire Hathaway, run by legendary billionaire investor Warren Buffett, made a 13F filing with the U.S. Securities and Exchange Commission, disclosing its long equity positions held at the end of the second quarter of 2017. Institutional investors are required to disclose their long positions via 13F filings once every three months. These filings are important…
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Tesla, Inc. has garnered huge free publicity over the years from the tech world. The firm’s bleeding edge approach to car design has gained it a lot of fans among journalists more used to the iPhone. That may be changing with the Tesla Model 3, however. The design of the car brought in huge praise…
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Financial accounting standards are always changing, but they don’t always accommodate every business and every scenario. No company is more grouchy about one incoming change than Amazon.com, Inc . The online retail giant recently commented on ASC 606, an accounting standard update set to take effect next year. Under the change, sales figures will be…
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Tesla Inc has been one of the hottest firms in America for years now, and that kind of attention can bring its share of problems. As well as having loyal fans, Elon Musk’s firm also attracts a large number of critics. Some of them are of a more “conspiratorial” nature. A conspiracy implies that Tesla…
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GoPro Inc is making good on its promise of reform, and Wall Street was going ape about the company’s chances on Friday morning. At time of writing, before the market was set to open for the day in New York, the firm’s shares were up by 17 percent. The massive increase in value is all…
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Tesla Inc burned more than $1 billion in cash in the three months through June. That number, contained in an earnings report published on Thursday, actually seems to have impressed Wall Street. With the Model 3 on the way, investors are hoping that Elon Musk can finally make his EV maker profitable. Others really aren’t…
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Amazon.com, Inc. is changing its returns policy, and the result could be very scary for sellers. The firm, known for its cost-cutting dominance of e-commerce, is making it easier for customers to return goods they bought on the site. Sellers who operate through the platform are up in arms about the changes. Starting from…
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Apple Inc. is set to unveil its earnings for the three months through June after the market closes for the day on Tuesday, August 1. In general, the stock market appears to be expecting a fairly tame quarter from the Cupertino phone maker. The big numbers to watch will be iPhone sales, and headline revenue…
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Tesla Inc is going to deliver on a promise made long ago on Friday evening. The firm will finally, under the watchful eye of CEO Elon Musk, reveal it’s Model 3 affordable EV to the world. The optimists believe that this is the car that will bring electric revolution to the auto industry, but every…
