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Tesla stock price target doubled to $1,400 by Credit Suisse as analysts caution any upset could trigger a correction

Credit Suisse doubled its stock price target on Tesla Inc. undefined to $1,400 from $700 on Friday, and said the stock is “priced to perfection,” meaning any material upset would drive a correction. Tesla shares have gained a stunning 259% in the year to date, while the S&P 500 undefined has fallen 0.5%, driven by “euphoria’ about electric vehicles, a run of promising datapoints and heightened interest from retail investors, who have become more active during the pandemic. Coming positive catalysts include Battery Day, when Tesla is expected to unveil a long-lasting battery for its future vehicles, and second-quarter earnings that may show a profit, said analysts Dan Levy and AJ Denham. The company is expected to reveal plans to expand capacity, and could double it from

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Business – BBC News

New business owners in Guernsey have explained how the coronavirus pandemic pushed them to launch their ideas.

Natalie Robins was struggling to find a job before she decided to set up Les Frens bakery from her home in St Martin.

She offers baked goods on a trolley from her driveway after managing to order all of her equipment online.

“One morning I had five people queuing in the drive at quarter to eight, and I don’t actually put everything out until eight,” she said.

“I think my record was 55 minutes for sausage rolls and an hour and 10 minutes for 98 cupcakes and about 70 sausage rolls.”

She added: “I’m absolutely loving it, I can work from home, I get a real buzz from putting the items on the trolley and people chatting in the driveway. It’s a real community spirit here in St Martin’s.”

Chloe Gallie was also

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Business Analytics News by Marcus Borba

One of the things I like best about technology is its use to solve problems that contribute to the improvement of society’s quality of life in general. Yesterday, the U.S. National Science Foundation (NSF) and the Japan Science and Technology Agency (JST) announced joint support for 6 projects at universities in both countries that leverages Big Data and Data Analytics to transform disaster management for individuals and for society at-large. According the announce, when disaster strikes, it is critical that experts, decision makers and emergency personnel have access to real-time information in order to assess the situation and respond appropriately.

USC’s spatial crowdsourcing platform, MediaQ, collects pictures and videos during disasters.
Credit: Cyrus Shahabi, USC via NSF

The researchers will look at how to capture and process data associated with disasters and improving the resilience and responsiveness of emerging computer systems and networks in the face of disasters to facilitate

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Personal Finance News and Insurance



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    Best Countries for Entrepreneurs | US News Best Countries

    The Entrepreneurship subranking is based on an equally weighted average of scores from 10 country attributes that related to how entrepreneurial a country is: connected to the rest of the world, educated population, entrepreneurial, innovative, provides easy access to capital, skilled labor force, technological expertise, transparent business practices, well-developed infrastructure and well-developed legal framework. The Entrepreneurship subranking score had a 18% weight in the overall Best Countries ranking, the most of all nine categories.

    Germany once again claims the No. 1 position, after a brief fall to the No. 2 spot in last year’s rankings. Berlin, the face of Germany’s start-up scene, is home to numerous entrepreneurial hubs that attract entrepreneurs from around the world and offer coworking spaces and community networking events. at the top of the list. The East Asian country has slowly recovered from a 2008 financial crisis, but a cultural aversion to risk and lack of

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