Shares of Tesla are trading above the conversion price on $920 million in debt due in March 2019. Read More at Tesla shares crossed a key milestone, potentially saving the company a lot of money Source: CNBC Follow @marketcheetah
Jim Cramer flags four trends complicating the Federal Reserve’s tasks of keeping inflation at bay while keeping Americans employed. Read More at The Fed is fighting 4 inflationary trends it can’t control, Cramer says Source: CNBC Follow @marketcheetah
Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon says. Read More at Walmart CEO worries what consumers will have to pay if trade war escalates Source:
Despite the recent market gyrations, technology companies that have been gearing up for a potential 2019 IPO are staying the course, according to Noah Wintroub, vice chairman at J.P. Morgan and head of technology investment banking in San Francisco. Read More at Tech IPO
In a note to clients on Thursday, investment bank UBS estimated that Alphabet’s self-driving car unit could book $114 billion in revenue in 2030 It pegs Waymo’s total enterprise value between $25 billion and $135 billion. Read More at Alphabet’s self-driving car business could
Walmart will announce Thursday plans to buy Art.com, adding another digital brand to its portfolio and bolstering its home decor business. Read More at Walmart to acquire home decor site Art.com, further extending its e-commerce push Source: CNBC Follow @marketcheetah
The S&P 500 is flashing a technical warning sign. Matt Maley, equity strategist at Miller Tabak, is not sweating the technical move just yet. Read More at S&P 500 teeters on edge of a death cross, and one key level could determine its next
Americans spent $3.5 trillion on health care last year, a 3.9 percent increase over the prior year and the smallest annual increase since 2013. Read More at Americans shelled out .5 trillion on health care last year, but growth in spending slows Source: CNBC
HSBC is closely tied to Huawei and China, but a source familiar with the matter tells CNBC that the bank is not being investigated in the current legal case. Read More at HSBC ties to Huawei could complicate China trade talks even though the
Wall Street is testing the day-after-Thanksgiving lows, says the UBS director of floor operations at the NYSE. Read More at Art Cashin: ‘Beyond this land there will be dragons’ if the stock market rout gets much worse Source: CNBC Follow @marketcheetah