Tesla CEO Elon Musk says that autonomous, driverless “robotaxis” will be a reality by 2020. Musk added that Tesla will manufacture autonomous cars without pedals or a steering wheel within two years. The predictions were made by Musk while making an on-stage presentation at the Tesla Autonomy Investor Day event, held at the Tesla headquarters […]
In 2017, Boeing share prices rose 89%. The company’s stock came back down to Earth in 2018, especially after President Trump made public threats to cancel a $4 billion Boeing order of the next generation of Air Force One. Still, some financial experts predicted that 2019 would be a banner year for Boeing stockholders. That […]
Consumer defensive stocks are stocks that are resilient during times of economic downturns and market turmoil. They fare better in downturns because they produce products that consumers need, regardless of the state of the economy. These items include, food staples, paper products and cleaning materials. Consumer staples are prized for their stability because the prices […]
Warren Buffett has put an end to the market speculation that Berkshire Hathaway was in talks to buy the beleaguered California utility company PG&E. Speaking to CNBC, Buffett made it clear that there was no truth to this story, and that obviously he “would know” if his company was planning to acquire PG&E. The rumor […]
BlackRock’s Chairman and CEO Larry Fink says the global economy is not showing any signs of going into a recession — and certainly not America’s, which has a robust relative economy. “I see no signs of a global recession in the coming 12 months,” Fink told German publication Handelsblatt. Fink, who leads the world’s biggest asset […]
Hedge fund investing can be a way to earn a positive return in a down market. Nevertheless, in bull markets hedge funds have underperformed in recent years. Hedge fund of funds can reduce risk but add complexity to your portfolio. Unlike a mutual fund, hedge fund investing aims to deliver what are called “absolute returns” […]
When it comes to investing, a surprisingly large number of people cannot think beyond stocks, bonds, mutual funds and precious metals. While these investments have yielded high returns over the years, they are also subject to the whims of the market. This is why alternative investments are becoming increasingly popular these days. Alternative investments are […]
When it comes to business success, its important to remember that opportunities don’t just happen. Well-researched and determined business people create their own opportunities. Sometimes it just isn’t enough to determine a consumer need. Ultimate success may depend on creating one. Yet sometimes it’s also just taking a flying leap and doing something weird. Who […]
Biblically responsible investing is the practice of making investments that do not conflict with a person’s religious belief. After all, how can a deeply pious person invest in a cigarette company or alcohol company and then condemn those who indulge in such vices? Biblically responsible investing thus requires intensely informed investing practices. Socially responsible investing, […]
A European move away from polluting diesel has increased demand for catalytic converters, which use palladium. There are only a few palladium mines in the world, constricting supply. The global trend toward electric cars should reduce demand, but that could be years away. A rare metal, a vital component in the production of catalytic converters, […]
