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Tesla’s Biggest Problem Is Not Going Away

Elon Musk managed to make Tesla  (TSLA) – Get Tesla Inc Report the benchmark in the automotive sector that the company completely disrupted.  Three years after getting close to bankruptcy, the automobile group is in sparkling health.  Tesla has just revealed first-quarter results that have thwarted even the most optimistic forecasts.  Net profit was $3.32 billion,…

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Johnson & Johnson Suspends Vaccine Sales Guidance, Cuts Profit Forecast; Stock Slumps

Updated at 9:04 am EST Johnson & Johnson  (JNJ) – Get Johnson & Johnson Report posted stronger-than-expected first quarter earnings Tuesday but lowered its full-year profit forecast, and suspended its guidance for vaccine sales amid what it called a global surplus and waning demand.  Johnson & Johnson said adjusted earnings for the three months ending in…

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Why the Fed Can’t Control Inflation Alone

Among the many issues confronting investors these days, inflation remains a dominant concern.  The Action Alerts Plus team looked closely at the results from March’s economic indicators. First, inflation continues to rise in most major economies worldwide. In the EU, it has topped 7 percent; the same for the UK. Australia reports 3.5 percent, which…

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Is Elon Musk a Fan of Marijuana?

What is your lucky number?  Many people have often been asked this question. Basically, the number that corresponds to them or the number or combination that they will have in mind if they decide to play the lotto.  It is one of the few commonly-shared superstitions. The richest man in the world seems to share…