Author: arthursheikin@gmail.com

[ad_1] Tesla could see big gains over the coming years if the automotive company can meet its “lofty” market capitalization and product goals, Baird said Friday in a note to clients. The firm upgraded the Elon Musk-led company to outperform from neutral. It raised its price target for the electric-vehicle maker to $548 from $320, implying 31.5% upside. “Focus has increasingly shifted to the future for TSLA,” Baird analyst Ben Kallo said in the note. “The road ahead is chock-full of catalysts.” In September, Tesla released a series of product and market capitalization milestones for its business over the next decade tied…

[ad_1] Paul Atkins, chairman of the U.S. Securities and Exchange Commission, said his agency will propose a rule change following President Donald Trump’s call to switch quarterly earnings reports to a semiannual schedule.”I welcome that posting by the president, and I have talked to him about it,” Atkins said on CNBC’s “Squawk Box” Friday. “In principle, I think to propose change in what our rules are now, I think would be a good way forward, and then we’ll consider that and move forward after that.”Atkins said if the rule change is approved, it will be left to companies to decide whether they switch…

[ad_1] Here are Friday’s biggest calls on Wall Street: Bank of America upgrades PagSeguro to buy from neutral Bank of America said in its upgrade of PagSeguro that the LatAm payment processor is attractive. “We upgrade the stock to Buy (from Neutral) as we find valuation attractive at 6.5x P/E, while we expect EPS CAGR of 15%.” BMO downgrades UPS to market perform from outperform BMO said it sees too many negative catalysts for UPS. “A recovery in demand remains elusive, particularly in the important B2B [business to business] segment. Macro challenges have been further heightened by shifting U.S. trade…

[ad_1] Citi isn’t buying the hype around Intel after it announced its partnership with Nvidia , telling clients the former is likely to continue struggling. The bank downgraded Intel to sell from neutral. And although it raised its price target to $29 from $24, that figure still signals 5.1% downside. “We downgrade Intel … given our belief the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed,” Citi analyst Christopher Danely said in the note. Intel said Thursday that Nvidia would invest $5 billion in the company, sending the stock up more than…

[ad_1] Forget wine in Tuscany or summers in the south of France — wealthy Americans are now chasing second passports in Costa Rica’s jungles and Bangkok’s buzzing streets.For decades, Europe set the pace in the second-passport market. Portugal, Malta, and Greece have drawn high-net-worth Americans through tax perks, visa-free travel, and sunny places to retire.However, new data shows, and on-the-ground advisors told Business Insider that the focus is shifting toward Latin America and parts of Asia.Nomad Capitalist, a wealth advisory firm founded by Andrew Henderson that specializes in second citizenships, residencies, and global tax planning, said Latin America and Asia…

[ad_1] The rise of self-driving cars could eventually cost many ride-hailing drivers their jobs — and that’s a big problem, Uber CEO Dara Khosrowshahi said.Khosrowshahi spoke about the issue onstage this month at a summit hosted by the “All-In” podcast, which posted a video of the conversation on Wednesday.At the summit, Khosrowshahi was asked about concerns that gig workers, who have played a key role in Uber’s development, will eventually lose their jobs as self-driving cars become more prevalent.The Uber CEO said he expects human drivers to continue working alongside self-driving cars in Uber’s network in the coming years.”For the next five to…

[ad_1] A recent rally in gold prices has made collectors’ stacks of the yellow metal more valuable than ever, bringing fresh urgency to the question of how to keep it safe.For starters, most collectors aren’t taking their gold to a bank.”About 95% of our customers want personal possession,” said Stefan Gleason, CEO of Money Metals Exchange, a large precious metals dealer in the US.The spot price of gold topped more than $3,700 per ounce on Tuesday. It dipped following Wednesday’s rate cut from the Federal Reserve, but is still up more than $1,000, or 38%, this year. Two years ago,…

[ad_1] When I got laid off from my first full-time job in 2012, I had just turned 26 and was devastated. I had wanted to be a writer for my entire life, and after going to college in Washington, DC, and graduating in 2007, I stayed in the city and got a job at a congressional paper.I worked my way up from soliciting senators and congressmen for op-eds to exploring and writing my own pieces about DC neighborhoods, to eventually covering events and the elegant Washingtonians who graced society pages.A few months after I was laid off, I eventually decided…

[ad_1] Since losing his job as a Walmart manager, 50-year-old DJ Perdue has applied to about 10 jobs a day for the past year and a half. After months of rejections, he decided to launch TeenyTown, an indoor play space for kids in Union City, California.”I had to do something,” Perdue told Business Insider. “And it was something that I had always wanted to do.” DJ Perdue created an indoor play space for kids in Union City, California. DJ Perdue Perdue wanted to focus on his four children. He said he used his severance package and bonus from his last…

[ad_1] This as-told-to essay is based on a conversation with Jessica Camilleri-Shelton, a 35-year-old copy and content writer based in the UK. It’s been edited for length and clarity.Since implementing AI into my workflow about two and a half years ago, my career and life have transformed.I have many priorities to juggle throughout the day: I’m a freelance copywriter, content writer, and educational content creator. I’m also working on building my own business where I teach professionals how to “future-proof” their careers using AI.In the past six months alone, I’ve doubled my income from copywriting while producing what I consider…