A little over two weeks after it announced receipt of "conditional approval" to open its $5.5 billion gigafactory in the town of Grünheide near Berlin, Tesla$Tesla Motors(TSLA)$ officially announced the factory's opening on Tuesday. Reports say that CEO Elon Musk literally danced in joy at the opening. Investors are pretty happy, too, because Tesla stock is up 3.3%. Why is this such a big deal for Tesla? As The Wall Street Journal explained yesterday, Tesla plans to grow its Berlin gigafactory to the point where it will be able to produce 500,000 cars per year -- but that's just one part of the good news. By building cars in Europe, Tesla will be able to avoid both the cost of shipping cars to Europe from plants in the U.S. and China as well as impor

investors who have been blindly buying all big techs got a rude awakening this week after Netflix$Netflix(NFLX)$ imploded.But thegood news from Tesla$Tesla Motors(TSLA)$ proves that some top momentum stocks can still thrive in this rocky market. The latest results from Tesla and Netflix show how silly it is for investors to buy into themes and memes like the FAANGs, orMT. FAANG, if you want to add Microsoft$Microsoft(MSFT)$ and Tesla to the Facebook$Meta Platforms, Inc.(FB)$ Amazon$Amazon.com(AMZN)$ Apple$Apple(AAPL)$ Netflix

DraftKings’ impressive performance in the first quarter and an upward revision to its 2023 guidance seem to have boosted investors’ confidence in the stock.Shares of DraftKings $DraftKings Inc.(DKNG)$ , a sports entertainment and gaming company, gained 9.8% in after-hours trading. The company’s positive first-quarter results and improved 2023 guidance were well received by investors.It is noteworthy that the company benefited from the expansion of its Sportsbook and iGaming products into new jurisdictions and lower promotional activities. Furthermore, the top-line growth was driven by new customer acquisition and product innovation, which supported customer retention.Revenues were $769.7 million, up 56.6% year-over-year, and beat the Street’s

It’s been good news galore for Singapore Airlines Limited$SINGAPORE AIRLINES LTD(C6L.SI)$ (SGX: C6L), or SIA, for the past few months.Singapore has reopened its borders and switched to a vaccinated travel framework to replace the previousvaccinated travel lanesscheme.The result has been nothing short of amazing.Pent-up demand for overseas travel has pushed SIA’s passenger numbers comfortably past the one million mark for April, up 13-fold from the same time last year.Airfares have also surged in tandem as people rush to book holidays in the coming months.Amid the resurgence in demand, SIA’s share price has also risen to a 52-week high of S$5.62 recently as investors displayed optimism over its future.However, this is still significantly below

If you are looking to invest in reliable, established businesses, look no further thanblue-chipstocks.These companies have proven their resilience through different economic cycles and are able to provide investors with a steady rate of return.In Singapore, the Straits Times Index$Straits Times Index(STI.SI)$, or STI, contains the top 30 blue-chips listed on thSingapore Exchange$SINGAPORE EXCHANGE LIMITED(S68.SI)$.You can invest in the STI by buying ETFs such as the SPDR STI ETF$STI ETF(ES3.SI)$.This ETF mimics the components of the STI, and currently offers a trailing 12-month dividend yield of 2.9%.In this article, we take a look at what a S$10,000 inves

Meta Platforms$Meta Platforms, Inc.(FB)$ is facing challenges on multiple fronts. Can it overcome them?  Let me start off this article by saying that I have a vested interest in Meta Platforms – the company formerly known as Facebook – and I’m still optimistic about its future. But I am also cognizant of the many challenges that the company faces. In light of this, and with the company’s stock price falling hard in recent months, here are some of these challenges and my thoughts on what the company needs to do to overcome them. Flattening user engagement In the fourth quarter of 2021, the parent company of Facebook and Instagram reported a decline in the number of daily active users. This was the first-ever quarter where daily active users for Fac

 There’s good news all around as borders reopen and air travel resumes.Economic activity is picking up as consumers open their wallets for vacations and family meals.However, highinflationis a dampener that threatens to derail the recovery.In response, the US Federal Reserve has hiked interest rates by 0.75 percentage points, its biggest move in 28 years.Back home, Prime Minister Lee Hsien Loong has also cautioned that Singapore may face apossible recessionin the next two years.Income-driven investors may feel jittery about whether stocks can continue to pay outdividendsin this climate.Several stocks have continued to pay out dividends through both good times and bad.We feature three that are not just resistant to recessions, but also possess a high likelihood of continuing to pay out

A good investment portfolio should put your mind at ease and let you sleep peacefully at night.Unfortunately, not everyone has the stomach to tolerate share price volatility.Growth stocksmay periodically experience such huge swings.That is why some folks prefer the relative stability ofdividendstocks.Strong dividend stocks should provide investors with a regular stream of passive income in the long run, if their business fundamentals remain solid.Some of these stocks may also offer an attractive dividend yield.Here are four companies offering a dividend yield greater than 5%.Daiwa House Logistics Trust (SGX: DHLU)Daiwa House Logistics Trust, or DHLT$Daiwa Hse Log Tr(DHLU.SI)$ , is a REIT that invests in logistics properties across Japan and Southe