The U.S. economy is expected to have added millions more payrolls in June from May, as regions across the country eased social distancing restrictions and allowed more businesses to reopen....
On Monday, Tesla (TSLA) celebrated 10 years as a publicly traded company. The previous decade has provided enough reasons for a celebration, not least is the EV pioneer’s position as the most successful auto stock since its debu. Shares have skyrocketed more than 4,000% since going public.Tesla has showed no signs of slowing down, either. It crept back over the $1,000 per share mark again on its 10-year anniversary, following Elon Musk’s suggestion that a second quarter loss wasn't inevitable, after all.This remains to be seen when Tesla reports its Q2 vehicle deliveries this week. What has already been proved beyond doubt is Tesla’s ability to prove the naysayers wrong time and again. The EV pioneer is battle hardened by now, but according to Wedbush analyst Daniel Ives, another battle is about to commence.EV truck upstart and rival Nikola (NKLA) announced it had started taking reservations for its EV pick-up truck...
If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on Adobe Inc. (NASDAQ:ADBE) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed […]...
The European Commission said on Wednesday it was in negotiations with Gilead Sciences Inc to obtain doses of COVID-19 antiviral remdesivir for the 27 European Union countries. The Commission said it took note of the announcement that the United States had secured nearly all of Gilead's projected production capacity for the next three months....