Monday, 10 September 2018

Forget the stock. Tesla's bonds are imploding

Red lights are flashing on Wall Street about Tesla's ability to pay back a boatload of debt.
CNNMoney Markets Now
 
Dow Nasdaq S&P
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News: What you need to know about the markets
 
 
Forget the stock. Tesla's bonds are imploding
Red lights are flashing on Wall Street about Tesla's ability to pay back a boatload of debt. Read more »
 
Meet Daniel Zhang, Alibaba's next chairman
Alibaba CEO Daniel Zhang likes to keep his feet on the ground but will be pushed center stage as he prepares to replace Jack Ma as chairman. Read more »
 
Apple's iPhone event: What to expect
Apple is expected to announce a collection of new iPhone Xs. Read more »
 
Snapchat loses another exec as stock plummets
Shares of Snapchat's parent company now trade for less than $10 a share, more than 40% below their IPO price. The departure of chief strategy officer Imran Khan, a former Wall Street analyst, is the latest blow to Snapchat. Read more »
 
BlackRock strategist on emerging market concerns
BlackRock's Kate Moore says despite trouble in emerging markets, investors should focus on earnings and fundamentals. She cautions that souring sentiment could become "a self-fulfilling prophecy." Read more »
 
China's exports are slowing. The trade war will make things worse
Growth in Chinese exports slowed in August, according to official data, and President Trump's threats of even more tariffs add to the concerns. Read more »
 
 
 
 
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