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Consumer stocks were edging up in pre-bell activity Tuesday, with the SPDR Consumer Staples Select Sector ETF (XLP) ticking up 0.1%, and the SPDR Consumer Discretionary Select Stock ETF (XLY) rising 0.2%.

The S&P 500 notched a first-quarter gain of 6.77%. Impressive to be sure, but that trails, by a wide margin, the more than 20% returned in the first three months of 2023 by the Nasdaq-100 Index (NDX). That means exchange traded funds such as the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM) [...] Read more at ETFtrends.com.

Wall Street's main indexes were set to open higher on Tuesday on gains in technology and growth stocks, while investors awaited key economic data that could decide the U.S. Federal Reserve's monetary tightening path.

The NASDAQ 100 Pre-Market Indicator is up 40.02 to 13,188.37. The total Pre-Market volume is currently 41,674,985 shares traded.The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is -1.29 at $3.82, with 8,744,749 shares tr

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

Tesla (NASDAQ: TSLA) delivered 422,875 vehicles in the first quarter of 2022, but is that good or bad? It depends on how you look at it, but there's another key number that Travis Hoium digs into in this video, and that's inventory. There's a much more concerning picture emerging

U.S. stock index futures edged higher on Tuesday on gains in technology and growth stocks, while investors awaited key economic data that could decide the Federal Reserve's monetary tightening path.

Make way; the technology bulls are charging again! Already up more than 20% this year, the global information technology sector is leading the market higher in 2023. Signs of bank stabilization and muted inflation data helped U.S. stocks end the first quarter on a high note Frid

Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.

U.S. stock index futures edged higher on Tuesday as some technology and growth stocks rebounded from a selloff in the previous session, while investors awaited key economic data that could determine the Federal Reserve's monetary tightening path.

Relatively calm world markets have brushed off OPEC's latest twist and focussed more squarely on stalled global manufacturing and edgy U.S.-China relations.

For most investors, 2022 was a challenging year. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all entered bear markets and fell for the year by 9%, 19%, and 33%, respectively.

Tesla sold 88,869 units of China-made electric vehicles (EV) in March for both domestic sales and exports, up 35.0% from a year ago, data published by the China Passenger Car Association (CPCA) showed on Tuesday.

Tesla ( NASDAQ:TSLA ) stock has benefitted from the company’s leadership position in the  EV market and  strong profitability. However, continued excess production over deliveries, lower pricing, and increased competitive activity are raising concerns over its future automotive gross margins and stock price. Tesla’s automotive gross margins are on a downward trajectory after peaking at 32.9% in the first quarter of 2022. Cost headwinds and price cuts to drive demand are to blame for this decline. Furthermore, continued excess production suggests that Tesla would need more price cuts to drive deliveries, which will impact its margins.  In Q1, Tesla produced 440,808 vehicles and delivered over 422,875 vehicles. Commenting on Q1 deliveries, Jefferies analyst  Philippe Houchois said, “Continued excess production over deliveries will keep the debate going on price elasticity vs. general demand weakness and the impact of IRA subsidies.” Nevertheless, Houchois is bullish about Tesla, and his price target of $230 implies 18.09% upside potential from current levels.  While Houchois is bullish about TSLA, Bernstein analyst  Toni Sacconaghi believes that the company will need to lower prices to achieve its volume targets in 2023 and 2024, which will pressure its margins.  Sacconaghi said that Tesla’s inventories increased to 97,000 units, about five times higher than the prior year. However, the analyst highlighted that the number is still relatively low compared to peers.  Sacconaghi recommends a Sell on TSLA, and his price target of $150 implies 22.99% downside potential.  What’s the Prediction for TSLA Stock? Wall Street analysts are cautiously optimistic about  TSLA stock, which is up over 58% year-to-date. It has received 20 Buy, 10 Hold, and three Sell recommendations for a Moderate Buy consensus rating. These analysts’ average price target of $218.50 implies a further upside potential of 12.18% from current levels.  Bottom Line  Tesla’s focus on cost reduction and improving efficiency will likely support its margins in the long term. Additionally, the company's pricing strategy should help it maintain industry-leading margins in the coming years. However, increased competition and expected price reductions to support volumes could pressure near-term margins and restrict the upside in TSLA stock.  Disclosure

Asian stocks dithered on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group's oil output targets, while treasury yields retreated after frail U.S. manufacturing sector data.

A look at the day ahead in Asian markets from Jamie McGeever. Australia's central bank takes center stage on Tuesday with its latest interest rate decision, and beyond that, if the second trading day of the quarter is as eventful as the first, then investors' plates will be extra full.Australia's central bank takes center stage on Tuesday with its latest interest rate decision, and beyond that, if the second trading day of the quarter is as eventful as the first, then investors' plates will be extra full.

Brent crude oil climbed $5 a barrel on Monday after Saudi Arabia and other OPEC+ producers announced new production cuts, and gains in energy shares helped lift world stock indexes.

A federal jury in San Francisco on Monday ordered Tesla Inc to pay about $3.2 million to a Black former employee after the electric-vehicle maker was found to have failed to prevent severe racial harassment at its flagship assembly plant in California.

The dollar stumbled on Monday, surrendering earlier gains following unexpected oil output cuts from OPEC+, as data showed the U.S. economy continued to slow with declines in manufacturing and construction spending.