One of the most closely followed stocks on Wall Street is Tesla (NASDAQ: TSLA). The electric vehicle (EV) pioneer has earned a market-leading position in the automobile industry thanks to relentless innovation and a loyal customer base. Moreover, the influence Tesla has within t
Tesla's (NASDAQ: TSLA) declining profit margins have become a cause of concern for investors. Profit margins are arguably the most important financial metrics to follow because when they fall, it's often a signal that a company's competitive position is declining. They also have
Former Wells Fargo & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned in 2019 amid a wide-ranging sales practices scandal.
As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, including tax loss selling and the so-called Santa Claus rally.
The current macroeconomic landscape is undoubtedly challenging, with persistent inflation and high interest rates dampening growth prospects. Yet, like any market phase, this period of uncertainty will prove to be cyclical. But even when the market bounces back, you'll find me st
A searing late-year rally has brought the S&P 500 to a fresh 2023 closing high, as investors bet the Federal Reserve is done raising interest rates and the U.S. economy will remain resilient in the face of tighter monetary policy.
U.S. stocks advanced on Friday, starting December with a
broad rally as remarks from Federal Reserve Chairman Jerome
Powell bolstered the view that interest rates have peaked.
The WisdomTree Artificial Intelligence and Innovation Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 1.0 million shares traded versus three month average volume of about 147,000. Shares of WTAI were up about 2.2% on the day.
Consumer stocks rose Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1%.
The U.S. market is home to just 5 trillion-dollar companies. All of them are solid investments in their own right - but here's why mega-cap stocks Amazon and Alphabet look like particularly good buys for 2024.
Shares of electric car maker and would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) scored another victory on Friday, rising 5.3% through 11:35 a.m. ET as Tesla shares skidded 1.5% lower.
Wall Street's main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell acknowledged progress in lowering inflation, encouraging expectations the central bank was done with its interest rate hiking campaign.
This biotech stock under $10 is the newest addition to Cathie Wood's flagship ARKK fund - and Wall Street analysts have high hopes for the shares, too.
Tesla shares fell about 2% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price tag and a longer wait for significant financial payoff.
The S&P 500 and Nasdaq fell on Friday as investors were on edge ahead of Federal Reserve Chair Jerome Powell's comments that some fear may have a hawkish tilt towards monetary policy.
U.S. stocks ended mostly higher on Thursday, with the Dow recording its highest close since January 2022, while the Nasdaq and S&P 500 registered their best monthly gains since July 2022 as fresh data showed inflation cooled f
Tesla shares fell more than 3% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price tag and a longer wait for significant financial payoff.
Wall Street's indexes were set for a subdued open on Friday as investors were on edge in the run up to Federal Reserve Chair Jerome Powell's comments that are expected to hold clues on the interest rate path.
The stock market had a great performance in November, and many stocks that had taken hard hits in September and October managed to rebound. Among them was Tesla (NASDAQ: TSLA), which lost more than 20% of its value between the end of August and the end of October before posting a