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Tesla Shares Fall on Morgan Stanley’s Negative Report

Tesla Shares Fall on Morgan Stanley’s Negative Report

Tesla Inc. (NASDAQ: TSLA) shares fell on Tuesday after Morgan Stanley cut its target for the electric car company, citing concerns on the company’s profitability.According to CNBC, Morgan Stanley’s analyst Adam Jonas cut his price target..

Walgreens Made Takeover Approach to AmerisourceBergen

Walgreens Made Takeover Approach to AmerisourceBergen

The Wall Street Journal reported this Monday that Walgreens Boots Alliance Inc. (NASDAQ: WBA) has made a takeover approach to drug distributor AmerisourceBergen Corp. (NYSE: ABC). This move is expected to “boost profitability at the drugstore ..

Greenspan Says the US is in a Stock Market Bubble

Greenspan Says the US is in a Stock Market Bubble

Alan Greenspan, the former chairman of the Federal Reserve, said that there exists two bubbles- the bond market bubble and the stock market bubble. He warned that the bond market bubble, although benign in the short-term, could turn fatal for the US..

Tesla acquires Perbix to ramp up Model 3 production

Tesla acquires Perbix to ramp up Model 3 production

Tesla Inc. (NASDAQ: TSLA) has been facing serious drawbacks in its Model 3 production, as the company failed and produced under 80 percent what it had promised for the third quarter. Tesla only deployed 222 Model 3 vehicles in the third quarter.The ..

Google and Cisco team up for new Cloud solution

Google and Cisco team up for new Cloud solution

Cisco Systems Inc. (NASDAQ: CSCO) and Alphabet’s (NASDAQ: GOOGL) Google Cloud division announced on Wednesday that two companies will now team up to build more efficient hybrid cloud solutions. The cloud will be managed and secured along facil..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..

Volkswagen to Launch Online Sales

Volkswagen to Launch Online Sales

On Tuesday, Volkswagen AG (OTC: VLKAY) announced plans to reduce the size of their European dealer network and wants to launch online sales as they adjust to changing consumer buying habits. The company is looking to cut costs across all 12 brands f..