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Stocks on the Move: Peloton pops as JPM raises its PT, Tesla drops as Baillie Gifford cuts stake

Yahoo Finance's On the Move panel discuss today's Stocks on the Move Peloton and Tesla.

Penny Stock Boom Sparks 4,300% Gain in Indian Firm With No Sales

(Bloomberg) -- Retail investors’ frenzy over small stocks in India has reached such extremes that shares of some companies that aren’t booking any sales, let alone profits, are going through the roof.These include Transglobe Foods Ltd., a fruit-jam maker that…

Strategist warns ‘euphoria’ is taking over markets: Morning Brief

Top news and what to watch in the markets on Wednesday, August 26, 2020.

Oil Holds at Five-Month High as Hurricane Nears U.S. Gulf Coast

(Bloomberg) -- Oil held near a five-month high as Hurricane Laura bore down on key refining facilities on the U.S. Gulf Coast, with forecasts saying it will strengthen rapidly into a “potentially catastrophic” Category 4 storm.Futures in New York were…

Losses from China Overseas Takeover Binge Are Piling Up Fast

(Bloomberg) -- Chinese buyers have not only stopped snapping up iconic overseas assets, the coronavirus pandemic is ravaging the targets of deals that defined a headier era.Whereas some prolific acquirers such as HNA Group Co. and Anbang Insurance Group Co.…

Tesla – Musk hints of battery capacity jump ahead of industry event

Tesla Inc's chief executive Elon Musk has suggested the U.S. electric carmaker may be able to mass produce longer-life batteries with 50% more energy density in three to four years. Researchers have said the energy density of Panasonic's "2170" batteries…