Coty Torres
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History shows that stocks usually take global saber-rattling events in stride.
"As devastating as a major conflict could be between Russia and Ukraine, the truth is stocks likely will be able to withstand the geopolitical struggle," writes Ryan Detrick, chief market strategist of LPL Financial. "In fact, looking back at other major geopolitical events throughout history reveals stocks usually take them as a nonevent."
Just look at past market per...
"As devastating as a major conflict could be between Russia and Ukraine, the truth is stocks likely will be able to withstand the geopolitical struggle," writes Ryan Detrick, chief market strategist of LPL Financial. "In fact, looking back at other major geopolitical events throughout history reveals stocks usually take them as a nonevent."
Just look at past market per...
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Coty Torres
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Tesla hit a $1 trillion market cap on Monday following news that Hertz is ordering 100,000 vehicles to build out its electric vehicle rental fleet by the end of 2022.
The company joins trillion-dollar market cap companies like $Apple (AAPL.US)$ , $Amazon (AMZN.US)$ and $Microsoft (MSFT.US)$ .
News of the deal brought Tesla’s stock to more than $1,045 a share midday, a new record high one trading day after the shares broke $900. The stock closed up 12.66% at about $1,024 a share.
Even before the Hertz deal, Tesla shares have climbed in recent weeks. The auto maker’s stock price is up 45% this year, more than double the gain of the $S&P 500 Index (.SPX.US)$ , as investors continue to reward green technologies.
What a crazy week isn't it? Did you hold Tesla's stock? Tell mooers about your story with the company.
Source:
Tesla hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles
Elon Musk’s Fortune Soars $36 Billion in a Day on Hertz Order
The company joins trillion-dollar market cap companies like $Apple (AAPL.US)$ , $Amazon (AMZN.US)$ and $Microsoft (MSFT.US)$ .
News of the deal brought Tesla’s stock to more than $1,045 a share midday, a new record high one trading day after the shares broke $900. The stock closed up 12.66% at about $1,024 a share.
Even before the Hertz deal, Tesla shares have climbed in recent weeks. The auto maker’s stock price is up 45% this year, more than double the gain of the $S&P 500 Index (.SPX.US)$ , as investors continue to reward green technologies.
What a crazy week isn't it? Did you hold Tesla's stock? Tell mooers about your story with the company.
Source:
Tesla hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles
Elon Musk’s Fortune Soars $36 Billion in a Day on Hertz Order
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Coty Torres : Good morning