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Nasdaq closes on record | The time

Wall Street mostly closed higher. The Nasdaq closed above its peak on July 8. Tesla gets another target increase and skyrockets. Domino’s is doing well and is hiring new staff.

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Bitcoin, Gold & Money | Bull, Bear & Bas

The Nasdaq climbed 1 percent to 11,130 points, surpassing its previous record of 11,011 points as of July 8.

Wall Street was largely green. Investors looked to master investor Warren Buffett, among others has made some remarkable moves through its investment vehicle Berkshire Hathaway

. He sold interests in Goldman Sachs

, JPmorgan

and Wells Fargo

, which made those bank stocks all go down. He did buy shares in Barrick Gold

and that now flew over 11 percent higher. The latter is remarkable, because Buffett has long been critical of gold as an investment. The fact that Buffett is now into gold seems to indicate that he has no confidence in the stock market or fears higher inflation.

The focus was also on the broad stock market indicator S & P500. On Monday, the index tried for a fifth time to beat its final record at 3,386 points, but to no avail. The S & P500 gained around 0.3 percent to 3,382 points.

Tesla

It’s that time again: Tesla

gets a target increase. This time from the Redbush stock exchange. Analyst Daniel Ives raises the price target for the electric car maker from $ 1,800 to $ 1,900 and maintains his ‘keep’ advice.

“The robust demand for Model 3 from China remains a driver of success,” says Ives. In the first year of the giga factory in China, around 150,000 ordered cars will roll off the assembly line. The number of deliveries of Model Y is also starting to increase this year. ‘

“How can Tesla be SO expensive?” | Bull, Bear & Bas

Tesla’s shares have more than tripled since the beginning of this year, despite the uncertainties and plant closures brought about by the coronavirus. Last week, the car group announced it would split its share into five. That makes it possible growing army of young robinhood investors invest more easily in the technology group.

The share went up over 11 percent.

Domino’s

Domino’s Pizza

climbed 2.6 percent. The pizza maker says he will hire more than 20,000 employees in the US, including delivery specialists and pizza makers. Thanks to the corona pandemic, the pizza baker has gotten a lot busier. In the second quarter, sales rose 13 percent to $ 920 million, more than analysts expected. In the US, sales even increased by 16 percent.

The pandemic led governments worldwide to adopt lockdown measures, whereby policymakers shut down a large part of the economy. As a result, many restaurants saw their revenues drop dramatically in the second quarter. Even now that the lockdown measures have been reversed, consumers remain cautious about restaurant visits. Players like Domino’s are benefiting from the decline in restaurant traffic as it has led to more home delivery orders.

You can also see from the stock market price that Domino’s is doing well. The stock has been trading 36 percent higher since the beginning of this year:

Apple

It was an exciting day for the Apple stock

, because the technology company was only a sigh in the afternoon from a stock market value of 2,000 billion dollars. To get there, the stock had to climb to $ 467.78. But the company lost its profit and closed 0.3 percent in the negative at 458.43.

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