Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
Widely followed analyst Adam Jonas took some guesses at what the big announcement from Tesla will be on Thursday afternoon.
Jonas believes it could just be a convertible bond repayment, but also said it could be an announcement of the rumored "Model Y" or the unveiling of a pickup truck. The Morgan Stanley analyst also said it could be a strategic partnership.
"The all-new midsized crossover/SUV is Tesla's chance to take the learnings from the Model S, X, and 3 in design and manufacturing to offer a product in a far larger and faster growing global segment," Jonas said Wednesday in a note, referring to the Model Y. "The key downside to providing too much information about the Model Y and its enhanced capabilities in software and hardware is that it could steal the thunder of the still-ramping Model 3 just as it's getting introduced into key international markets."
Tesla CEO Elon Musk on Wednesday changed his Twitter display name to "Elon Tusk" and promised his electric car maker would have "news" at 5 p.m. ET Thursday.
The company is due to repay a $920 million convertible bond on Friday as Tesla keeps piling up debt while ramping up production of its popular Model 3 sedan. An analyst report on Thursday said Tesla is lining up about $2 billion in loans to build its factory in Shanghai.
Jonas said Tesla "may be fundamentally overvalued," but he kept his equal-weight rating and noted that the stock is trading above his $283 target.
Shares of Tesla were up more than 1 percent on Thursday after Tesla suspended orders ahead of the announcement.
If the announcement is about a strategic partnership, Jonas said, it could "help share the burden of future expenses, improve access to capital, and potentially 'attach' Tesla's network of data capturing machines to a mega-platform/software layer."
— With reporting by Michael Bloom.