The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
On Sunday, Musk tweeted that he was working on a "secret master plan, part 2," with details to come later this week. The cryptic announcement sent shares about 4 percent higher Monday.
"I'm not sure exactly what's happening here. What we do know is that earlier in the year, Elon and the full management team really emphasized that they were focusing on execution and generating operating cash flow," the senior research analyst for Oppenheimer said in an interview with CNBC's "Power Lunch. "
Since then, the first-quarter results were OK and there was disappointment surrounding Tesla's delivery numbers in the second quarter.
"Then a real shift in strategy as they've decided to … accelerate production on the Model 3, change course and buy SolarCity, and now this mystery event, " he said.
While he wouldn't speculate on what Musk's plan is, Rusch said he wants to know more about the SolarCity deal and the future of the company.
"Our objection to the SolarCity acquisition — and we downgraded the stock after that was announced — is really the use of capital at Tesla. … The real metric we want to look at is how much money are they investing and what's the return on their capital."
Tesla has been under scrutiny lately for that deal, falling short on its delivery guidance and for two car crashes that may have involved autopilot.
Rusch said this sort of crash was inevitable.
"You've got a new functionality which is changing operator behavior, and our view is that there was at some point going to be a problem that was going to have to involve regulators, and there was going to be more regulation."