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Stock Market Today-2/9: CVS, Chipotle Active; Stocks Power Higher As Earnings Drive Gains

Updated at 11:19 am ESTU.S. stocks powered higher Wednesday, following on from solid rallies in Europe and Asia, as investors latched on to solid corporate earnings and fading geopolitical risks to turn markets positive for the month. Inflation concerns continue to cap sentiment, however, ahead of tomorrow’s January CPI reading that will likely show the…

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Billionaire Ray Dalio Is Keeping His Bitcoin

The news will undoubtedly delight fans and enthusiasts of cryptocurrencies.  January’s cryptocurrency market rout didn’t prompt billionaire Ray Dalio to sell his bitcoins, despite his reservations about digital currencies. The founder and co-chief investor of Bridgewater Associates, the world’s largest hedge fund with about $150 billion in assets under management, confirmed, in a recent episode of…

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Two-Alarm Fire at Tesla California Plant

A two-alarm fire was reported at the Tesla  (TSLA) – Get Tesla Inc Report plant in Fremont, Calif. on Friday. The fire has been “knocked down” according to tweets from the Fremont Fire Department.   It broke out in a pile of packing materials (cardboard pallets) outside the plan buildings according the the tweets.  Fremont fire authorities…