Wall Street stocks rose on Monday, with the Nasdaq jumping over 1% as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week.
Tech stocks were mixed Monday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the Philadelphia Semiconductor index falling 0.5%.
Fintel reports that on September 11, 2023, Morgan Stanley upgraded their outlook for Tesla (NASDAQ:TSLA) from Equal-Weight to Overweight . Analyst Price Forecast Suggests 1.56% Downside
A prolonged coordinated strike by the United Auto Workers (UAW) union against the Detroit Three automakers could cut production by thousands, potentially pushing up vehicle prices and exacerbating supply-chain disruptions, analysts said.
The S&P 500 and Nasdaq were on course for their best day in two weeks on Monday as Tesla led gains in megacaps, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve's interest-rate path.
Tesla and Amazon have already outperformed the market by quite a bit - but with plenty of opportunity for these industry leaders to keep growing, TSLA and AMZN are two great stocks to buy and hold for the long term.
What happened
A closely watched Wall Street analyst is bullish about Tesla's (NASDAQ: TSLA) supercomputing effort, predicting it could add upward of $500 billion to the company's enterprise value. Investors are taking note, sending Tesla shares up more than 7% as of 11:08 E.T. on
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.58%. Stock indexes this morning are moderately higher. Strength in...
The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers later this week if no agreement is reached over new contracts, setting the stage for one of the largest worker actions this year.
Wall Street advanced and the dollar retreated on Monday, as investors looked ahead to Wednesday's inflation data and the Bank of Japan suggested it could be moving toward closing the door on an era of negative interest rates.
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.5%. Year to date, Tesla Inc registers a 114.8% gain.
In terms of meaningful economic report data, we expect an eventful week. However, the releases are concentrated mid- to late-week, and there are none to speak of today or tomorrow — nor are there any public appearances by Fed pres
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the S&P 500 index, trading up 6.4%. Year to date, Tesla registers a 114.7% gain.
The electric vehicle (EV) sector represents a dynamic and transformative facet of the global automotive industry. As concerns over environmental sustainability and rising fossil fuel costs drive a global push towards cleaner transportation options, electric vehicles have emerged
Wall Street rose on Monday as Tesla led gains in megacaps, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve's interest-rate path.
In terms of meaningful economic report data, we expect an eventful week. However, the releases are concentrated mid- to late-week, and there are none to speak of today or tomorrow — nor are there any public appearances by Fed pres
In this week's video, I cover need-to-know news related to Tesla (NASDAQ: TSLA) during the week of Sept. 4. Today's video will focus on Tesla's sales numbers in Europe and China, concern about the start of production in Mexico, its new supercharger deal, and a look at Tesla stock
Thanks in part to a resurgence of stocks in 2023, Tesla (NASDAQ: TSLA) has seen its shares skyrocket this year. Boosting this performance were the company's better-than-expected financial results in each of the last two quarters.
The electric vehicle (EV) charging stock, ChargePoint Holdings CHPT, released second-quarter fiscal 2024 results (ending Jul 31, 2023) last week. The EV startup, Fisker FSR, unveiled its European EV lineup in Munich, featuring the