Wall Street was set to open higher on Wednesday after Federal Reserve Chair Jerome Powell in prepared remarks ahead of his congressional testimony said the central bank expects to reduce its benchmark interest rate later this year.
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
Like many electric vehicle (EV) stocks, Rivian Automotive (NASDAQ: RIVN) has not had a great 2025. The stock is down over 53% year to date, which is worse than Tesla's (NASDAQ: TSLA) more than 24% decline.
U.S. stock index futures rose on Wednesday as investors awaited testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank's monetary policy path.
The "Magnificent Seven" stocks have garnered a lot of attention over the past year as investors have become captivated with tech and growth stocks again. And there's good reason to be excited because these stocks make up the best and brightest of the market.
All of the "Magnificent Seven" stocks have delivered market-beating returns over the past decade (that's part of why they're called that). This group includes leading tech companies: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Te
Artificial intelligence (AI) investors may have just found their new favorite use case. A start-up called Figure AI raised $675 million of fresh venture capital (VC) funds at a sizzling valuation of $2.6 billion.
German police believe a letter by a far-left group claiming responsibility for an arson attack that forced Tesla's European Gigafactory to shut down is authentic, a spokesperson for police in the state of Brandenburg said on Wednesday.
In today's video, I discuss Nvidia (NASDAQ: NVDA) and other semiconductor companies that provide solutions for the robotics market. Check out the short video to learn more, consider subscribing, and click the special offer link below.
U.S. stock index futures rose on Wednesday as investors await testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank's monetary policy path.
It's been another banner start to the year for Wall Street. After oscillating between bear and bull markets in successive years since this decade began, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all climbed to record highs in 2024.
The European Commission will start customs registration of Chinese electric vehicle (EV) imports on Thursday, meaning they could be hit by tariffs from that point if the EU's trade investigation later concludes that they are receiving unfair subsidies.
Chinese automaker BYD on Wednesday added fuel to the flames of a brutal price war in China by cutting the price of its cheapest electric car, the Seagull, by 5%.
For obvious reasons, auto companies depend heavily on production for their success. So it was entirely understandable that investors would react negatively to a suspected case of arson near the site of one of Tesla's (NASDAQ: TSLA) sprawling "gigafactories."
ChatGPT maker OpenAI on Tuesday refuted Elon Musk's claims that the startup abandoned its original mission to develop artificial intelligence for the benefit of humanity and not for profit.
BYD and other Chinese automakers are bringing new electric car models in droves to Australia, a market where they haven't faced trade barriers and sales have surged due to EV subsidies and tax benefits as well as high gasoline prices.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.80%. Stock indexes retreated Tuesday, with the S&P 500, Dow Jones Industrials, and Nasdaq...
Wall Street three major indexes all retreated more than 1% on Tuesday, with weakness in megacap growth companies such as Apple Inc and the chip sector weighing most on the Nasdaq ahead of this week's crop of economic data and remarks from Federal Reserve Chair Jerome Powell.
Tech stocks were sharply lower late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) both down around 2.4%.
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