Five of the seven recorded beats of market expectations in terms of EPS this week but, for various reasons, the market reactions to the earnings have been mixed. And that's a good thing.
The tech-laden Nasdaq was set for a positive open on Friday as investors cheered robust quarterly reports from Meta Platforms and Amazon.com, while a strong jobs report kept the upbeat sentiment in check.
The NASDAQ 100 Pre-Market Indicator is up 135.54 to 17,480.25. The total Pre-Market volume is currently 28,267,460 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.36 at $11.98, with 3,178,284 shares tra
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an
January proved to be a month of fluctuation for Wall Street. While concerns about overvalued stocks and reduced expectations for rate cuts had an adverse impact, the stock market saw a rally thanks to strong corporate earnings, ad
Nasdaq futures climbed 1% on Friday as investors cheered strong quarterly reports from Meta Platforms and Amazon.com and keenly awaited a crucial jobs print at the end of a week marked by major tech earnings and a U.S. policy decision.
Nasdaq futures climbed 1% on Friday as investors cheered strong quarterly reports from Meta Platforms and Amazon.com and keenly awaited a crucial jobs print at the end of a week marked by major tech earnings and a U.S. policy decision.
Activist investors who have for years accused Tesla's board of failing to rein in Elon Musk say this week's court ruling on the electric vehicle maker CEO's compensation could give them the shareholder support they need for reforms.
Tesla is recalling about 2.2 million vehicles in the United States due to incorrect font size on warning lights, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
Tesla is recalling 2.2 million vehicles, or nearly all of its electric vehicles in the United States, due to incorrect font size on warning lights, which increases the risk of a crash, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
Last year was a banner year for the so-called "Magnificent Seven" stocks. These industry leaders were among the top performers in the Nasdaq Composite in 2023, helping the tech-centric index push out of its slump and notch gains of 43% for the year. It now sits about 4% below a n
Japan's Panasonic Holdings posted a rise in third-quarter operating profit for its battery-making energy unit on Friday, helped by stronger sales in North America, and kept its full-year profit forecast for the segment.
NVIDIA Corp experienced a record-breaking surge in market value in January, the largest monthly increase ever, driven by heightened optimism around artificial intelligence (AI), positive analyst projections, and the company's announcement of expanded AI offerings.
Japan's Panasonic Holdings kept the operating profit forecast for its battery-making energy unit on Friday and reported a rise in third-quarter operating profit for the segment, helped by stronger sales in North America.
The shakeout in the global electric-vehicle industry is picking up speed. Chinese automaker Geely's move on Thursday to take over funding of struggling EV maker Polestar from Volvo Cars is the latest consolidation among EV brands since Tesla Inc's historic financial surge in the early 2020s.
Tesla opened its first South American store this week, displaying its sleek electric vehicles (EVs) at an upscale mall in Chile's capital Santiago, as the automaker grapples with a slowdown in EV demand and the growth of Chinese rivals.
Elon Musk's plan to pull up stakes from Delaware and reincorporate Tesla in Texas may not give the electric carmaker's CEO the greater freedom he desires given the lack of history and different rules in that state's business courts, legal experts said.