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Why Rivian Stock Popped Today

4 years 9 months ago
What happened A bit of bad news for Tesla (NASDAQ: TSLA) may have been viewed as good news for fellow electric vehicle maker Rivian Automotive (NASDAQ: RIVN) Tuesday. Tesla announced a recall of nearly 54,000 electric cars and SUVs to fix a problem with their "Full Self Driving"

TSLA Crosses Above Average Analyst Target

4 years 9 months ago
In recent trading, shares of Tesla Inc (Symbol: TSLA) have crossed above the average analyst 12-month target price of $907.54, changing hands for $936.72/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio

Monday's Melt-Up Leaves the Market Muddled

4 years 9 months ago
The stock market had a great start to the week, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) leading the way higher. Healthy gains for the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) showed the confidence that investors seemed to have as the

Markets Close a Lousy Month on a Big Upswing

4 years 9 months ago
Market indexes accelerated into Monday’s close, finishing at session highs and ending the worst month of trading overall since the initial months of the Covid pandemic. A hawkish Fed combined with the rippling affects of the Omicron variant to inject a bearish sentiment i
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