Tag Archives: RIC

stock market investment

What happened

Tesla (NASDAQ:TSLA) stock fell as much as 5.8% on Monday after a Goldman Sachs analyst downgraded the stock to a sell rating. Shares are trading about 5.1% lower at the time of this writing.

So what

Goldman Sachs analyst David Tamberrino changed the stock’s rating from a hold to a sell, dropping the firm’s price target from $190 to $185, representing about 24% downside from Tesla’s $244 price at the time of this writing. Following Tesla CEO Elon Musk’s recent comments about the company likely needing to raise capital ahead of its....More>>>

stock market results

After some bumpy trading based on valuation concerns, shares of Nvidia Corporation (NASDAQ:NVDA) have rebounded, gaining 12% from lows earlier this month. Two-thirds of the gains in NVDA stock have come since the surprising acquisition of Mobileye NV (NYSE:MBLY) by Intel Corporation (NASDAQ:INTC). That deal was of tremendous importance to Nvidia, given its competition with Mobileye in automotive applications. And, for now anyway, investors appear to see the INTC-Mobileye tie-up as good news for Nvidia and for NVDA stock.

Source: Nvidia

I’m not quite so optimistic. There....More>>>

stock market tips

Is infecting more than 300,000 computers around the world with a ransomware virus a good way to make a fortune? It sure doesn’t look like it.

The WannaCry cyberattack that’s making headlines this week has squeezed around $80,000 from its victims so far, barely enough to put down a deposit on an apartment in cheaper parts of London. But it’s seized the attention of powerful governments around the globe.

What’s more, the hackers’ decision to use the digital currency bitcoin to collect the ransom money is likely to make it tough for them to withdraw....More>>>