How Tesla’s 7% Stock Drop Shows Dow Jones Isn’t in the Clear

The stock price of Tesla has dropped by 7.14 percent in pre-market following the release of CEO Elon Musk’s letter. The struggle of the car marker demonstrates the lack of fundamentals in the U.S. stock market which may lead to the decline of the Dow Jones. Over the past week, several analysts including Morgan Stanley The post How Tesla’s 7% Stock Drop Shows Dow Jones Isn’t in the Clear appeared first on CCN

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Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks

On January 17, Netflix raised its subscription fees by $1 to $2 following an ambitious decision to invest in a wider range of programs and shows. The move comes after the company decided to increase the yearly compensation of Netflix chief content officer Ted Sarandos to $31.5 million, making him one the highest paid producers The post Netflix to Outperform Wall Street Projections, Stock Soars 50% in 3 Weeks appeared first on CCN

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Amazon and Walmart Stock in Danger? India Tightens E-Commerce Rules

Last month, India implemented new regulations for foreign e-commerce firms including Amazon and Walmart-owned Flipkart, placing pressure on the two conglomerates. According to Mukesh Aghi, the U.S.-India Strategic Partnership Forum president, the abrupt change in e-commerce regulations can pose a severely negative impact on the growth of U.S. companies in India. Are Amazon and Walmart The post Amazon and Walmart Stock in Danger? India Tightens E-Commerce Rules appeared first on CCN

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Dow Jumps 300 Points as Trump Pokes at Fed, Says China Talks ‘Going Well’

US President Donald Trump has tweeted a brief, positive, update on the trade talks with China but was still poking at the Federal Reserve this morning. This despite the interest rate hike pressure appearing to be off for the stock markets. Dow, Markets Point North on Tuesday The stock markets appear to be recovering from The post Dow Jumps 300 Points as Trump Pokes at Fed, Says China Talks ‘Going Well’ appeared first on CCN

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Netflix Shares Have Risen Every Session of 2019 – 35% up and on a Winning Streak

Netflix shares have formed an impressive start to 2019, rising in every trading session so far. Granted, that’s only a handful of sessions. But, given the volatility of FAANG shares and the wider stock market, Netflix appears to be on a winning streak. Netflix shares are up nearly 6% today and had risen to $315 The post Netflix Shares Have Risen Every Session of 2019 – 35% up and on a Winning Streak appeared first on CCN

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Not Just ICOs — Why Traditional IPOs are Also on the Way Out

2018 left some very clear signs about the way the businesses (crypto or otherwise) raise funds. ICOs have all but died out, disguised as token sales launched from lightly-regulated tropical islands. The great move to allow investors of all backgrounds and creeds to be in with a chance of funding early innovation has been curtailed. The post Not Just ICOs — Why Traditional IPOs are Also on the Way Out appeared first on CCN

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Rocked by China, Apple Shares Plunge to Lowest Mark in 18 Months

Apple stock plunged to its lowest point since July 2017 on January 2, fueled by an alarming drop in iPhone and iPad demand from China, whose economy is eroding. This caused a 300-point drop in Dow Futures, as CCN reported. As of this writing, AAPL was trading at $144.12 a share, down 8.7% from yesterday’s The post Rocked by China, Apple Shares Plunge to Lowest Mark in 18 Months appeared first on CCN

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Dow Claws Back into the Green, But Apple Shares Plunge in After-Market Trading

The Dow Jones Industrial Average and other major US stock indices closed in the green on Wednesday following another day of the sort of volatile trading that Allianz Chief Economic Advisor Mohamed El-Erian predicted will be the “new reality” for the stock market. The Dow closed 18.78 points higher to end the first trading session The post Dow Claws Back into the Green, But Apple Shares Plunge in After-Market Trading appeared first on CCN

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