Tesla could end up plunging as low as $14 a share, according to longtime bear Per Lekander, a longtime bear who’s been shorting the stock since 2020. Lekander, who’s been shorting Tesla’s…
Tag: growing
JPMorgan warns of a growing disconnect between continued stock gains and delayed rate cuts
The soaring stocks’ growing gap with the Fed’s continued pushback on interest rate cuts should be worried, says JPMorgan. Rate-cut expectations have snapped back to 80 bps, reminiscent of last October’s downturn…
NYCB’s stock crash shows the peril of a bank growing too fast
The implosion of New York Community Bancorp highlights an unusual risk for banks: growing too fast. New York Community Bancorp’s 64% stock crash was in part caused by the increased regulatory scrutiny…
PM Modi goes snorkelling in Lakshadweep, recalls “enriching journey of learning and growing”
Prime Minister Narendra Modi took to social media platform on Thursday to describe his recent visit to the Union Territory of Lakshadweep, and shared several pictures including an “exhilarating experience” in which…