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Apple seems to be okay with Trump’s tariffs
A Harvard Business School professor has said Apple’s valuation is at risk in a breakdown of the US and China. A drop in Apple’s value would ripple through the stock market, which means for each dollar invested in the fund, about 6% goes to Apple stock, David Yoffie said. The professor is one of the…
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The value ofTesla’s stock went down in the 80’s and 90’s.
Elon Musk-led Tesla reported a net profit of $2.3 billion for the third quarter, compared to a profit of $1.7 billion in the same period a year earlier. However, the company’s stock lost 20% of its value in the last 24 hours, making it the worst-performing US-based stock this year. Tesla also reported a record…
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The US government charges 8 social media professionals.
The Securities and Exchange Commission (SEC) filed a parallel civil complaint against seven people for running a stock trading forum called Atlas Trading. The SEC alleged that the forum made false statements about the stock’s value and intent to hold it, resulting in over $114 million in profits. The alleged scheme dated back to at…