For most companies, the coronavirus disease 2019 (COVID-19) pandemic represents one of the most disruptive events they're ever navigated through. But for the market's largest companies, it's represented an opportunity to get even bigger.
Electric-car maker Tesla (NASDAQ: TSLA) is slated to report earnings after market close today. With the stock up more than 500% over the past 12 months, investors will be watching to see if the automaker can live up to the hype.
Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.
Tesla Inc has advertised for servicing staff in Singapore, a country previously criticised by Chief Executive Elon Musk as unsupportive of electric vehicles.
The S&P 500 Index (SNPINDEX: ^GSPC) closed relatively flat on July 21, up 5.5 points, or 0.17%. Yet while the index was not very volatile, oil stocks were surging higher. Nine of the top 10, and 17 of the top 20 biggest-gainers in the index today were oil and gas stocks, i
The S&P 500 edged higher on Tuesday, as investors rotated into economically sensitive cyclical stocks, optimistic that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the big winner in the stock market in 2020, easily outpacing the performance of its rival benchmarks. However, on Tuesday at least, the Nasdaq took a break. Both the Composite and the Nasdaq-100 Index were down around 1%, missin
The S&P 500 edged higher on Tuesday as investors rotated into economically sensitive cyclical stocks, optimistic that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
The gap between consumer stocks narrowed this afternoon, with the SPDR Consumer Staples Select Sector ETF still 1.0% on Tuesday while the SPDR Consumer Discretionary Select Sector ETF was rising 0.2%.
What happened
Tesla (NASDAQ: TSLA) has had a tremendous year so far, with its stock nearly quadrupling in value. At a share price of more than $1,600 today, however, Tesla is looking like a ripe target for Wall Street analysts, because at valuations this extreme, the downside is
U.S. stocks rose on Tuesday as a rotation into economically sensitive cyclical stocks reflected optimism that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
Consumer stocks were broadly higher, with the SPDR Consumer Staples Select Sector ETF climbing 1.4% Tuesday afternoon while the SPDR Consumer Discretionary Select Sector ETF was rising 0.7%.
When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
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