Warnings about Tesla are growing louder as Morgan Stanley slashes its worst-case scenario to $10 a share (TSLA)

Lucy Nicholson/Reuters Tesla shares fell early Tuesday after Morgan Stanley’s auto analysts adjusted their bear case for the stock. The analysts, led by the longtime Tesla watcher Adam Jonas, cut their worst-case-scenario target to $10 from $97. While the firm’s price target was held at $230, the extreme downside implies a 95% drop from current…

Miraki Development unveils $175 mln fund

Miraki Innovation has launched a $175 million medical technology breakthrough fund. This will be the third fund started and managed by Christopher Velis, founder of Miraki Innovation and co-founder of Auris Health. PRESS RELEASE CAMBRIDGE, Mass., May 16, 2019 /PRNewswire/ — Founder of Miraki Innovation and co-founder of Auris Health, Christopher Velis, today announced the…

Her AI-driven software assists farmers save water and make better choices. No surprise Coca-Cola is using it

Mariana Vasconcelos, the daughter of farmers in Brazil—the world’s third-largest food producer—saw firsthand how hard it is for growers to make decisions regarding irrigation, harvesting, and pest control. “They would rely on intuition and their neighbors,” she says. But as climate change led to droughts and irrigation limitations, “that made me want to bring technology…

Here are a few of the significant problems that stand in the way of a US-China trade deal

AP Photo/Pablo Martinez MonsivaisTrade negotiations between the US and China stalled this month.The US said China reneged on previous commitments in a draft agreement, leading both sides to raise tariffs on each other.Those reversals included the central issues the US raised when it ignited a trade war with China last year: intellectual-property rules, government subsidies,…

Qualcomm plunges on Huawei ban as the tech Cold War with China heats up (QCOM)

Reuters Qualcomm plunged nearly 5% early Monday after telling its employees it would no longer supply the Chinese telecom firm Huawei. The Trump administration issued an executive order last week that effectively bans US firms from supplying equipment to Huawei. The move escalates the tech Cold War with China as trade tensions continue. Watch Qualcomm…