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Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix Stock Breaks $200 for the First Time on Bullish Calls from Wall Street Banks

Netflix, Inc. (NASDAQ: NFLX) shares rose past $200 for the first time in the early trading on Friday after Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co.(NYSE: JPM) raises their price target for the video streaming company.Gold..

JP Morgan CEO Bats for Republican Tax Reform Proposal

JP Morgan CEO Bats for Republican Tax Reform Proposal

The Republicans have had quite a bit of an uphill struggle to get their tax reform plan approved; the main issue has been that even many of their own party members have remained skeptical about the reforms proposals. President Trump has, in fact, be..

Jamie Dimon says bitcoins will “end badly”

Jamie Dimon says bitcoins will “end badly”

According to CNBC, JPMorgan Chase & Co. (NYSE: JPM) Chief Executive Jamie Dimon has already expressed his position about bitcoin before, but now he is warning those who use cryptocurrencies that the government will shut them down if they get too..

Alnylam Pharmaceuticals Stock Jumps After Positive Phase 3 Trial Results

Alnylam Pharmaceuticals Stock Jumps After Positive Phase 3 Trial Results

Alnylam Pharmaceuticals, Inc. (NASDAQ: ALNY) shares jumped more than 40% after the pharma company, together with Sanofi Genzyme, the specialty care global business unit of Sanofi, announced that the APOLLO Phase 3 study of patisiran, an investigatio..

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon had some harsh words on Bitcoin. The orice of Bitcoin fell below $4,000 on Wednesday after the negative comments. Bitcoin’s price has surged about 315 percent this year."It's just n..

Layoffs in Lego Land; First Reported Losses in Over a Decade

Layoffs in Lego Land; First Reported Losses in Over a Decade

Lego announces today that they will be laying off up to 1,400 of their 18,200 employees worldwide  – Roughly 8 per cent of the company’s staff – as they plan to revamp a business model that, while it has helped keep Lego relev..