Nasdaq TSLA Tesla

Tesla (TSLA) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow registering its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

The NASDAQ 100 After Hours Indicator is down -25.26 to 15,801.09. The total After hours volume is currently 105,678,799 shares traded.The following are the most active stocks for the after hours session: Tesla, Inc. (TSLA) is +1.59 at $292.85, with 5,618,224 shares traded. Over

(RTTNews) - Tesla Inc. (TSLA) announced a profit for its second quarter that increased from the same period last year and beat the Street estimates.

Change is the Only Constant on Wall StreetJust a handful of months ago, former tech darlings crashed, recession fears brewed, and new layoffs were announced on a seemingly daily basis. To make matters worse, the US Federal Reserve

Tesla said its gross margin fell in the second quarter from the previous three months, squeezed by the electric-vehicle maker's efforts to boost sales through price cuts.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

JPMorgan Chase will get to review some of Elon Musk's emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk tweeted he might take his electric car company private.

Wall Street rose on Wednesday, as investors looked past weak second-quarter earnings from Goldman Sachs, while taking comfort from strong profits of some of the smaller players in the sector.

The SPDR S&P 500 ETF Trust ( SPY) and Invesco QQQ Trust ( QQQ) are among the widely-discussed  ETFs (exchange-traded funds) on the popular social media platform Reddit. While these ETFs are buzzing on Reddit and have significantly gained mentions, their recent rallies give them limited upside potential (based on analysts’ price targets on their holdings).  But before we dig deeper into these buzzing Reddit ETFs, let’s understand how TipRanks determines the ratings and price targets on ETFs. How Does TipRanks Determine Analyst Ratings on ETFs? TipRanks leverages its proprietary technology to calculate the consensus analyst forecast and price targets for ETFs by taking all their underlying assets into consideration. At a glance, you will see the overall analyst rating, analyst price target, and upside or downside on an ETF.  Innovatively, TipRanks calculates a weighted average number based on the combination of all the ETFs’ holdings. For instance, the average price forecast for an ETF is calculated by multiplying each holding’s price target by its weight (allocation) in the ETF.  Is SPY ETF Good to Buy Now? SPY is one of the most popular ETFs to diversify risk and earn steady returns. For instance, the SPDR S&P 500 ETF has the S&P 500 Index ( SPX ) as the benchmark and aims to provide similar returns.  Impressively, the ETF is highly diversified, offers exposure to 24 separate industry groups, and primarily focuses on  large-cap stocks. Meanwhile, it has delivered an average annualized return of 12.72% in the past decade with a  low expense ratio of 0.09%, which makes it a compelling long-term investment. While SPY is an attractive investment, investors can wait for a better entry point. SPY has gained about 20% year-to-date. Thanks to the recent gains, SPY is trading at a forward price-to-earnings multiple of 20.74, which appears expensive given the estimated EPS growth forecast of 12.48% over the next three to five years.  Yes, the SPY ETF has an  Outperform Smart Score of 8 out of 10 on TipRanks. However, per the recommendations of 6,294 analysts giving stock forecasts for SPY's holdings, the 12-month average SPY price target of $485.53 implies limited upside potential of 6.9% from current levels. Also, the SPY ETF carries a Moderate Buy consensus rating on TipRanks. Among the analysts providing ratings on its holdings, 59.60% have given a Buy rating, 35.02% have assigned a Hold rating, and 5.39% have given a Sell rating. Is QQQ Stock a Buy or Sell? The recovery in mega-cap  technology companies has led to significant growth in the QQQ ETF. For instance, QQQ has gained over 45% on a year-to-date basis, led by the rally in the shares of its  top five holdings, which are Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Nvidia ( NASDAQ:NVDA ), Amazon ( NASDAQ:AMZN ), and Tesla ( NASDAQ:TSLA ).  Together, its top five holdings account for 43.53% of its total holdings, implying that its performance is highly dependent on them. While these tech giants are poised to deliver strong growth in the long term, their recent rallies and valuation concerns could restrict their upside potential in the short term. This is well reflected in analysts’ price forecast for QQQ over the next 12 months.  According to the recommendations of 1,730 analysts giving stock forecasts for QQQ's holdings, the 12-month average QQQ price target of $396.72 implies a mere 2.85% in upside potential from current levels.  Nonetheless, QQQ ETF, which has the Nasdaq-100 index ( NDX ) as its benchmark, sports an  Outperform Smart Score of 8 out of 10 on TipRanks. It has consistently outperformed the broader markets and delivered solid returns. However, the recent run in its price is keeping analysts cautiously optimistic.  QQQ ETF has a Moderate Buy consensus rating. Among the analysts providing ratings on its holdings, 66.53% have given a Buy rating, 29.71% have assigned a Hold rating, and 3.76% have given a Sell rating. The Bottom Line Both these buzzing Reddit ETFs look like solid long-term investments for investors seeking exposure to top companies with relatively lower risk. SPY and QQQ offer diversification and consistently deliver attractive returns. However, both these ETFs have gained quite a lot, which limits their upside potential.   Disclosure

Tesla TSLA reports after the closing bell today and all investor and analyst eyes are focused on one thing.No, not the Cybertruck (but yes, it will be all the buzz after Austin just rolled out the first factory model).After the bu

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

Second quarter earnings season heads into its second week. In addition to regional banks, we will get some of the big growth stocks like Netflix and Tesla along with dozens of large cap companies in a variety of industries includi

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

More important Q2 earnings and economic data are out ahead of today’s opening bell, although less-than-stellar results has so far done little to augment the market’s bullish trajectory in today’s pre-market. At this hour, the Dow

Wall Street rose on Wednesday as investors looked past second-quarter earnings from Goldman Sachs, while taking comfort from strong profits from some of the smaller players in the sector.

Nikola stock has jumped five-fold from its 2023 lows amid short covering and some positive developments. Should you buy or sell the stock now?

The Dow and the S&P 500 were set for a muted open on Wednesday after Goldman Sachs reported second-quarter results, while investors also assessed strong earnings from a number of smaller banks.

The Nasdaq Composite just finished its best first half in four decades, soaring 32% on a particularly strong performance by technology stocks. That upward momentum helped Amazon and Nvidia join the elite group of companies whose valuations exceed $1 trillion, a group that already