Tag Archives: bad-request

Uber Investment In India Revs Up Competition In Asia

Extending its global push and fortifying a $50 billion market valuation, ride-hailing service Uber Technologies was infused with more cash, this time from India conglomerate Tata Group. The investment, reportedly about $100 million, was made by a private equity affiliate of Tata Capital, one of India’s largest wealth management firms. While Tata confirmed the investment in Uber, it didn’t disclose the amount. Uber has plans to invest $1 billion

Buzz Kill: Analyst Calls Out ‘Hype’-Traded Tesla

Morgan Stanley on Monday hiked its price target on Tesla Motors (TSLA) shares by 66% on the expectation that the electric-car maker will dominate the autonomous driving market. But investment research website Cup & Handle Macro is saying today that if you’re long Tesla, “now is the time to exit.” Cup & Handle’s managing editor, Michael Lingenheld, says Tesla’s stock “trades on hype,” adding that the company is “unprofitable, and constantly fails

Hewlett-Packard Price Targets Cut Ahead Of Earnings

With its fiscal third-quarter earnings slated for after the close Thursday, Hewlett-Packard (HPQ) saw its price target cut by at least two brokerages Wednesday, and the tech giant’s stock was down for the sixth day in the past seven trading days, hitting a seven-month low. HP stock was down more than 2% in afternoon trading in the stock market today , below 28. One cut came from RBC Capital Markets analyst Amit Daryanani, who lowered his price