Tag: corporate debt
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How Tesla (TSLA.Q) short-sellers lost their minds and their money
On February 3, 2020 Tesla (TSLA.Q) short-sellers (investors who bet against the stock) are losing their minds and their shirts. The electric car maker’s stock surged 19% to close at $780 on Monday after Argus Research raised its price target on Tesla from $556 to $808, maintaining a “buy rating’. Tesla’s share price has booked…
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Amazon.com (AMZN.NASDAQ): Corporate welfare over welfare capitalism
Jeff Bezos started Amazon in his garage with a couple hundred grand from his parents. This ex-hedge fund manager turned internet titan and evil king-making gnome has often been lauded for his customer-focused business strategies, aggressive business development and industry prowess, but how challenging is the journey when you’re a 1500lb gorilla on someone else’s…
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The end of the world, or, how I learned to live with a habitually shrinking PMI
The Institute of Supply Management (ISM) U.S. manufacturing survey was released yesterday and, boy, did it ever raise alarms. Estimations of the ongoing U.S.-China trade war have been on a piecemeal basis up until now: It is common knowledge American soybean farmers are struggling, but calculating the material effects on U.S. business as a whole…