U.S. stocks could get off to a mixed start on Monday after the averages posted weekly gains for a fifth straight week. The bond market is closed on account of Columbus Day, which is a federal holiday, but the stock […]
Most electric-vehicle stocks declined in the week ended Oct. 11 as challenging economic data and negative reaction to market leader Tesla, Inc.’s TSLA “We, Robot,” event weighed down on the space. Here’s a rundown on what happened in the EV
Shares of foundry Taiwanese Semiconductor Manufacturing Co. Ltd. TSM climbed in premarket trading after the company reported September revenues. The Hsinchu, Taiwan-based company said its September revenues rose 0.4% month-over-month and jumped 39.6% to NT$ 251.87 billion ($7.82 billion). Revenue
Tesla, Inc.’s TSLA “We, Robot” event is scheduled for Thursday at 10 p.m. EDT, with investors hoping that the event will give a lift to the stock. Deepwater Asset Management Managing Partner Gene Munster previewed the event in a note
U.S. District Court Judge for the District of Columbia Tanya Chutkan made public this week a filing by Special Prosecutor Jack Smith that detailed Donald Trump’s alleged election subversion efforts in the aftermath of the 2020 election. Mary Trump, the
Electric-vehicle stocks had a down week amid stock market volatility, but China-based companies rode the momentum imparted by the stimulus measures announced by the country to kickstart economic growth. Market leader Tesla, Inc.‘s TSLA rally stalled as traders did not
Meta Platforms, Inc. META has been the second best-performing Magnificent 7 stock this year after artificial intelligence stalwart Nvidia Corp. NVDA. The stock rally has nudged its co-founder and CEO, Mark Zuckerberg, to be higher on the list of the world’s wealthiest people.
After two straight quarters of year-over-year sales drop, Tesla, Inc. TSLA finally found the mojo back as the electric-vehicle maker’s third-quarter deliveries pushed past the consensus forecast. Notwithstanding the beat, the EV maker’s shares fell over 3.5% in premarket trading.
The U.S. market has been on a tear, thanks to the Federal Reserve’s benevolent 50 basis-point cut and increasing hopes of a soft landing. Exuberance But Rational? The S&P 500 Index, a broader market gauge, is trading just shy of
Tesla, Inc. TSLA is likely to release its third-quarter deliveries report either Tuesday or Wednesday, and most on the sell-side are optimistic about the company outperforming expectations. What Happened: Tech venture capitalist and Deepwater Asset Management Managing Partner Gene Munster
