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Google Business NewsAug 12, 2020
Tesla Announces 5-for-1 Stock Split - CleanTechnica
Tesla Announces 5-for-1 Stock Split  CleanTechnicaTesla announces five-for-one stock split  CNBCTesla shares shoot up after announcement of five-for-one stock split  CNNTesla stock soars 7% on 5-to-1 stock split news  MarketWatchTesla announces a 5-for-1 stock split  CNBC Television

Yahoo BusinessAug 12, 2020
Trump's WeChat Assault Endangers $280 Billion Tencent Rally
(Bloomberg) -- Donald Trump's WeChat ban targets a celebrated Chinese innovation at the heart of the world's largest mobile gaming and social media empire, threatening one of the more eye-catching stock rallies of 2020.It's hard to overstate WeChat's importance to Tencent Holdings Ltd. It's the means through which Tencent introduces a billion people to games and other online content, funneling trillions of dollars in annual payments to brands from Apple Inc. to Walmart Inc. WeChat's reach underpinned Tencent's $280 billion gain in market value since a March 18 Covid-19 trough -- equivalent to one Samsung Electronics Co. and the fifth biggest dollar-gain on the planet over that period.Trump single-handedly stopped that rally cold. The U.S. President signed an executive order last week to ban U.S. entities from dealing with WeChat -- along with TikTok, ByteDance Ltd.'s viral video platform -- in 45 days. Confusion and uncertainty reigned as investors grappled with the vague edict. Tencent shed $66 billion over two days before it partly bounced back.Executives unfurling earnings Wednesday will seek to reassure the market it can withstand a White House campaign that's already ensnared Huawei Technologies Co. and dozens of Chinese up-and-comers. A U.S. official clarified the sanction involves only the app and not its owner. But the sweeping language of Trump's order -- which bars "transactions" with the Chinese company -- leaves the door open for the administration to extend it well beyond WeChat, dubbed Weix

MarketWatchAug 11, 2020
Market Snapshot: Dow up more than 250 points as S&P 500 nears all-time high
Stocks trade higher Tuesday, with shares of cyclical companies continuing to outpace previously highflying tech stocks, while the S&P 500 approached its all-time closing high from February, nearly completing a rebound from its pandemic-induced plunge earlier this year.
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