Yesterday, after the market closed, Tesla (TSLA) reported its Q1 results. The company showed an 87% annual increase in revenue and an Earnings per Share (EPS), before certain items, of $3.22. That is nearly a dollar more than Wall Street’s average estimate of $2.26. In other word
The Nasdaq led Wall Street's main indexes higher on Thursday, lifted by a surge in Tesla shares, with airline stocks providing added boost after United Airlines and American Airlines forecast a return to profitability in the current quarter.
The transition to full electrification is still likely a few decades away. However, in this video clip from "The High Energy Show" on Motley Fool Live, recorded on April 5, Fool.com contributors Travis Hoium and Jason Hall explain how the cost of lithium-ion batteries has come do
Ark Invest CEO Cathie Wood has had a difficult year. Her firm's flagship product, the Ark Innovation ETF, has fallen more than 50% from its high. With inflation still running rampant, many investors are worried about the future of the economy. So they have sold out of many (forme
Makers of chocolate bars and coffee to lawn mowers and industrial robots were succeeding in passing on soaring costs to consumers, first-quarter earnings showed on Thursday, allaying fears higher prices could dent demand for their products.
We expect the market to lean into inflation and rate hike comments from Fed Chair Jerome Powell and European Central Bank President Christine Lagarde at an International Monetary Fund event later today.
U.S. stock index futures rose on Thursday as heavyweight Tesla surged on strong results and United Airlines predicted a surprise profit in its current quarter, boosting shares of other carriers.
A Florida official praised Elon Musk's offer to buy Twitter Inc and said pension officials will tell the company its efforts to fend off the bid could hurt shareholder value.
Few stocks have been in the headlines more in the past couple of weeks than Twitter (NYSE: TWTR). It all started on March 25 when frequent Twitter user and world's richest man Elon Musk, the CEO of Tesla and SpaceX, asked his followers if Twitter was "rigorously adhering" to "fre
Stock Market Futures Gain As More Positive Earnings Roll InU.S. stock futures are on the rise following yesterday’s mixed session. The tech-heavy Nasdaq, in particular, is seeing somewhat of a recovery rally following its notable 1.22% drop during the previous session. Over
Shanghai authorities said on Thursday tough restrictions would remain in place for now even in districts which managed to cut COVID-19 transmission to zero, prolonging the agony for many residents who have been stuck at home for most of this month.
Shanghai authorities said on Thursday tough restrictions would remain in place for now even in districts which managed to cut COVID-19 transmission to zero, as the number of cases outside quarantined areas across the city rose again.
Elon Musk's The Boring Company has raised $675 million in Series C funding round, which now values the tunneling enterprise at $5.675 billion, the company said https://bit.ly/3jWhfBA on Wednesday, adding that the proceeds will be used to ramp up its hiring across sectors.
Market indexes were mixed on the day, following a nice leg up in Tuesday’s regular trading session and virtually flat on Monday. The Dow gained +0.71%, +249 points, while the S&P 500 dipped a minute -0.06%. The Nasdaq saw the tech sector getting hit hard again, even w
Tesla (TSLA) came out with quarterly earnings of $3.22 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.
A federal judge on Wednesday rejected an effort by Tesla Inc shareholders to obtain a "gag order" preventing Elon Musk from publicly discussing their lawsuit accusing him of deceiving them with a 2018 tweet about taking his electric car company private.
The tech-heavy Nasdaq dropped on Wednesday as Netflix's surprise decline in subscribers weighed on both the streaming giant and other high-growth companies, which investors feared may face similar post-pandemic performance issues.