What You Need To Know (12/28/16): Tesla, Nvidia


Nvidia

Here’s what you need to know for today:

  • Tesla ($TSLA) stock is up after the company made a deal with Panasonic to open a multi-million-dollar solar panel plant in Buffalo, NY.
  • NVIDIA ($NVDA) stock is up yet again, and it’s up over 255% for the year. The chip and computer components company is well-positioned to lead in the VR and automotive spaces. Financial analysts are particularly interested in the company’s datacenter and machine learning business.
  • No, the Dow didn’t reach 20,000, but it did close 11.13 points closer to that milestone.

Here’s what we’re reading this morning:

U.S. Charges Three Chinese Traders With Hacking Law Firms by Sara Randazzo and Dave Michaels, The Wall Street Journal
Hackers peered into the emails and files of a mergers and acquisitions firm, finding out about key deals before they happened to make an easy buck.

At Salons and Spas, Membership Plans Catch On by Rachel Felder, The New York Times
Salons and spas, some belonging to publicly-traded companies, are trying new methods of monetization.


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