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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…