Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
The president signaled that he is open to negotiating U.S. restrictions on the Chinese telecom giant as part of a broader trade deal, even as he called Huawei a "very...Politicsread more
"We still haven't seen the big estimate cuts that we can expect from the analysts who weren't expecting President Trump to keep raising tariffs," Jim Cramer says.Mad Money with Jim Cramerread more
Tesla's offer to buy SolarCity cements Elon Musk's status as a mad scientist. The electric-car company he runs has bid up to $2.8 billion for the solar-panel installer he also backs. The idea of a renewable-energy roll-up is at best way too early and at worst just plain bonkers.
Musk owns about a fifth of both companies, is a co-founder and chairman of SolarCity and runs $33 billion Tesla Motors. A third Musk enterprise, rocket maker Space Exploration Technologies, has been buying debt in SolarCity, according to a report earlier this year in the Wall Street Journal. The merger proposal raises the financial intricacy toward the level of the circuitry in the SpaceX launch vehicle.
At the high end of the exchange ratio range proposed by Tesla, it would hand over shares worth $28.50 apiece for SolarCity, a company whose stock was trading at about $85 little more than two years ago. But investors don't seem to consider that a bargain. In the hours after the idea of combining the two companies was unveiled, Tesla lost more than $4 billion of market value.