Elon Musk’s net worth has tumbled by $102 billion this year due to a plunge in Tesla stock. The Tesla and SpaceX CEO’s wealth has dropped about 24% to $330 billion. Tesla stock has been hit by sales declines, political aversion to Musk, and distraction concerns. Elon Musk’s net worth has tumbled by $102 billion…
New World Development (NWD) on Saturday recorded a sell-out at its State Pavilia project in North Point, as “enthusiastic” Hong Kong homebuyers brushed aside the raised prices of the batch of units offered this weekend. As of 6.22pm, NWD – controlled by the family of chairman Henry Cheng Kar-shun – sold out all of the…
Air New Zealand Limited (NZSE:AIR), is not the largest company out there, but it received a lot of attention from a substantial price increase on the NZSE over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. With many analysts covering the stock, we…
We think intelligent long term investing is the way to go. But along the way some stocks are going to perform badly. For example, after five long years the Churchill China plc (LON:CHH) share price is a whole 57% lower. That is extremely sub-optimal, to say the least. We also note that the stock has…
A look at the day ahead in U.S. and global markets from Mike Dolan There’s not too much to worry about at the world’s most valuable company – or the artificial intelligence theme – but just conceding that triple-digit growth can’t last forever has been enough to stall Nvidia’s share price and dampen global tech…