Fundamentals over hype — that’s the lesson for Tesla (TSLA) investors after the EV maker’s disappointing robotaxi event exposed a disconnect between the stock’s lofty valuation and reality.A lack of details surrounding the rollout plan and regulatory approval, plus no mention of a more affordable regular EV left Wall Street wanting more.CFRA’s Garrett Nelson likened the event to “watching a movie with a lot of plot twists and special effects, and at the end, you’re walking out scratching your head.”Safe to say analysts “scratching their heads” was probably not the reaction Musk was hoping for when showing off the Cybercab…
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Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the rose 0.80%. The best performers of the session on the were Camtek Ltd (TASE:), which rose 6.98% or 2,080.00 points to trade at 31,880.00 at the close. Meanwhile, Nova (TASE:) added 4.31% or 3,350.00 points to end at 81,020.00 and Azrieli Group Ltd (TASE:) was up 3.42% or 840.00 points to 25,420.00 in late trade. The worst performers of the session were ICL Israel Chemicals Ltd (TASE:), which fell 2.33% or 36.00…
The Super Heavy booster lands on the company’s launch tower during the fifth Starship flight on Oct. 13, 2024.SpaceXSpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket’s more than 20-story tall booster.The achievement marks a major milestone toward SpaceX’s goal of making Starship a fully reusable rocket system.Elon Musk’s company launched Starship at 8:25 a.m. ET from its Starbase facility near Brownsville, Texas. The rocket’s “Super Heavy” booster returned to land on the arms of the company’s launch tower nearly seven minutes after launch.”Are you kidding me?” SpaceX…
(Reuters) – Republican U.S. presidential candidate Donald Trump on Sunday suggested he could impose tariffs higher than 200% on vehicles imported from Mexico, saying his aim would be to prevent the selling of cars from Mexico into the United States. “All I’m doing is saying ‘I’ll put 200 or 500, I don’t care.’ I’ll put a number where they can’t sell one car,” he said during a Fox News interview that aired on Sunday. “I don’t want them hurting our car companies.” Trump, facing Democrat Kamala Harris in a tight race, has previously pledged that if elected again as president…
Key InsightsSignificantly high institutional ownership implies Palomar Holdings’ stock price is sensitive to their trading actionsA total of 11 investors have a majority stake in the company with 51% ownership Insiders have sold recently To get a sense of who is truly in control of Palomar Holdings, Inc. (NASDAQ:PLMR), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 87% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).Institutional…
By Jasper Ward WASHINGTON (Reuters) – Former U.S. President Donald Trump, who is the Republican presidential candidate, said he spoke with Israeli Prime Minister Benjamin Netanyahu “like two days ago.” Trump was asked when last he spoke to the Israeli leader during a Fox News interview that aired on Sunday. “Like two days ago and he came to my house in Florida, Mar-a-Lago with his wife who was lovely,” he responded. Trump met with Netanyahu at his resort in Palm Beach, Florida, in July. It was their first meeting since the end of Trump’s presidency. U.S. President Joe Biden also…
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Teradata’s (NYSE:TDC) returns on capital, so let’s have a look.Understanding Return On Capital Employed (ROCE)Just to clarify if you’re unsure, ROCE is a…
Housing demand has been hard to forecast even as mortgage rates have declined. Just take a look at homebuilders’ quarterly results so far this earnings season.Two of America’s largest homebuilders, Lennar (LEN) and KB Home (KBH), reported third quarter net new home orders that have fallen short of Wall Street expectations.Net new orders represent the number of new sales contracts that have been finalized and signed by buyers minus customer home order cancellations booked for the period. Investors and analysts pay close attention to this figure because its a leading indicator for homebuilders on housing activity.Lennar, the nation’s second-largest homebuilder,…
SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts. “Our thoughts are with the Florida residents as they recover from Hurricane Milton, said Mike Vomund, vice president of Fuel Sales, Chevron . We understand that reliable energy is essential to the recovery process, and we are working to help restore fuel supplies to the impacted area as quickly and safely as possible. We are proud to support organizations like Fuel Relief Fund, Team Rubicon, and…
In September, a 1970 Chevrolet Chevelle SS 454 LS6 was poised to shatter auction records at Mecum’s Indy Fall Special. However, the recent auction saw the LS6 sell for less than anticipated, falling short of setting a new benchmark. Despite its potential, several factors may have contributed to its underwhelming performance. The Chevelle LS6 was a formidable force during the muscle car era. Its 454-cubic-inch V8 engine, a more powerful version of the LS5, generated an impressive 450 horsepower and 500 pound feet of torque. 1970 Chevrolet Chevelle SS 454 LS6 Sells Below Expectations at Auction (Chevrolet) This output significantly…