Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Beauty company Coty is by far the best-performing stock in the S&P 500 so far this year. Shares of the cosmetics distributor are up more than 100% in 2019, while the S&P 500
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Sir Jonathan ‘Jony’ Ive. David Livingston | Getty Images Apple’s longtime design leader Sir Jonathan “Jony” Ive will leave the company later this year, a development that came as little surprise to Wall Street analysts but as a drag on the company’s stock nonetheless. Shares of Apple slipped 0.6% in premarket trading from Thursday’s close
SpaceX owner and Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters UBS slashed its earnings forecast and price target for Elon Musk’s Telsa, the firm said Friday. Improved deliveries in the second quarter could drive Telsa shares in the near
Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images It may be happenstance but it also wouldn’t be extraordinary for a company of scientists and rocket engineers, nor the first time Elon Musk pinned a