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Nasdaq TSLA Tesla
8 months 3 weeks ago
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.05%. Stocks on Monday settled mixed, with the S&P 500 and the Dow Jones Industrials...
Barchart
8 months 3 weeks ago
Shares of Rumble (NASDAQ: RUM) surged today as it continued to ride a wave of support following President-elect Trump's victory last Tuesday. It was one of several stocks in the so-called "Trump trade" to gain on Monday as Tesla and cryptocurrencies like Bitcoin also popped. Ther
The Motley Fool
8 months 3 weeks ago
The NASDAQ 100 After Hours Indicator is up 13.75 to 21,120.34. The total After hours volume is currently 119,961,674 shares traded.The following are the most active stocks for the after hours session: NVIDIA Corporation (NVDA) is +0.06 at $145.32, with 5,380,510 shares traded. A
NASDAQ.com
8 months 3 weeks ago
Tesla
(TSLA) and
Bitcoin (
BTC-USD
) may be emerging as the new Trump trades, entities closely linked to Trump. Elon Musk’s decision to throw his weight and capital behind Donald Trump’s bid for President has proven highly lucrative for Tesla shareholders. Since Trump’s victory over Vice President Kamala Harris last week, TSLA stock has been rising steadily. Meanwhile, Bitcoin has sparked a rally across crypto markets as enthusiasm builds for Trump’s pro-crypto and pro-Big Business agenda.
Tesla and Bitcoin Prices Are Surging
Throughout the election season, Tesla has performed extremely well, partly because Musk’s relationship with Trump has been in full focus. In the week since the election,
TSLA stock has risen 21%, showing steady growth. Over the past three months,
shares have surged 75% as Trump’s path to victory continued to inspire investor confidence in the electric vehicle stock.
Meanwhile, Bitcoin prices have been rising as well. Since Trump’s decision to embrace crypto in June 2024, BTC prices have been mostly trending upward. Recently, they
soared to a new high on momentum driven by the Federal Reserve’s latest interest rate cut announcement. As of this writing, Bitcoin is trading above $84,000 per coin, the highest price point to date.
This rally has sparked speculation as to just how high Bitcoin can go under Trump. While it is difficult to predict an exact number, it is likely that his administration will send it up even further by rolling back regulations. TSLA stock could rise as well if Musk is granted a position in Trump’s cabinet.
Some Trump Trades Are Stronger Than Others
Until recently, the term “Trump trades” likely sparked images of Trump Media & Technology Group
(DJT), the parent company of Truth Social. But unlike Tesla,
DJT stock has struggled since its initial election day surge, indicating clear instability. Now that Musk is linked directly to Trump, Tesla is positioned to benefit directly as he takes office.
As the most valuable crypto and a bellwether for the sector, Bitcoin is also a likely winner for the upcoming Trump term. As long as the new administration continues the Republican Party’s historic stance on prioritizing deregulatory measures, crypto markets will likely benefit with BTC at the forefront.
TipRanks
8 months 3 weeks ago
Tesla (NASDAQ: TSLA) stock continued putting pedal to metal as stock markets reopened for business Monday. Through 12:20 p.m. ET, the electric car leader gained 7.3%, bringing total gains since Donald Trump won reelection (with Elon Musk's support) to a staggering 37%.
The Motley Fool
8 months 3 weeks ago
The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Monday, with over 751,000 shares traded versus three month average volume of about 96,000. Shares of EFIV were up about 0.2% on the day.
Components of that ETF with the highest volume on Monday w
BNK Invest
8 months 3 weeks ago
In trading on Monday, the Lithium ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Tesla, up about 9.2% and shares of Albemarle, up about 8.8% on the day.
And underperforming other ETFs today is the
BNK Invest
8 months 3 weeks ago
Tesla (TSLA) extended its recent rally, jumping over 8% on Monday as investors speculated that Elon Musk’s ties with President-elect Donald Trump could yield regulatory advantages for the automaker. The stock hit $348.30, marking a 28% surge since Trump’s election vic
Quiver Quantitative
8 months 3 weeks ago
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 8.4%. Year to date, Tesla registers a 40.1% gain.
And the worst performing Nasdaq 100 component thus far on the day is Super Micro Computer,
BNK Invest
8 months 3 weeks ago
In early trading on Monday, shares of Bristol Myers Squibb topped the list of the day's best performing components of the S&P 500 index, trading up 12.1%. Year to date, Bristol Myers Squibb registers a 18.2% gain.
And the worst performing S&P 500 component thus far on
BNK Invest
8 months 3 weeks ago
U.S. equities rose for a fifth consecutive session, propelled by a rotation into small-cap stocks, which drove the Russell 2000 index to its highest level since 2021. Investor optimism is riding high as President-elect Donald Trump’s pro-business agenda promises tax cuts, d
Quiver Quantitative
8 months 3 weeks ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. Stocks today are moderately higher, with the S&P 500 and the Dow Jones Industrials...
Barchart
8 months 3 weeks ago
Tesla reclaims its $1 trillion market cap buoyed by Trump's win and blockbuster third-quarter 2024 results.
Zacks
8 months 3 weeks ago
AXL reports mixed third-quarter results and expects 2024 revenues in the band of $6.10-$6.15 billion compared with the prior estimate of $6.10-$6.30 billion.
Zacks
8 months 3 weeks ago
GT reports mixed third-quarter results and expects full-year 2024 capital expenditures to be $1.20 billion, down from the previous estimate of $1.25 billion.
Zacks
8 months 3 weeks ago
Rivian (NASDAQ: RIVN) has had problems producing vehicles profitably since coming public, but management thinks that will change in the fourth quarter. What that gross profit will include, though, is a $275 million windfall that may not be sustainable. Travis Hoium digs into the
The Motley Fool
8 months 3 weeks ago
Trump's win and the Fed's latest rate cut fuel the best week of 2024 for U.S. stocks. We have highlighted five ETFs from different areas that were the leaders last week.
Zacks
8 months 3 weeks ago
In this week's video, I cover need-to-know news about Tesla (NASDAQ: TSLA) from the week of Nov. 4. Check out the short video to learn more, consider subscribing, and click the special offer link below.
The Motley Fool
8 months 3 weeks ago
Recently, Zacks.com users have been paying close attention to Tesla (TSLA). This makes it worthwhile to examine what the stock has in store.
Zacks
8 months 3 weeks ago
The NASDAQ 100 Pre-Market Indicator is up 85.39 to 21,202.57. The total Pre-Market volume is currently 188,793,614 shares traded.The following are the most active stocks for the pre-market session: Direxion Daily TSLA Bull 2X Shares (TSLL) is +2.46 at $21.52, with 21,953,946 sha
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4 hours 34 minutes ago
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