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U.S. stock investors could not be more eager to turn the page on 2022, a brutal year dominated by market-punishing Federal Reserve rate hikes designed to tamp down the steepest inflation in 40 years.

The past two years have been brutal for Cathie Wood and the Ark Invest family of exchange-traded funds that she runs, but she's been going on a buying spree as 2022 comes to a close. She's been adding to some of her hardest-hit stocks lately, and that was certainly the case on Th

Investors with an interest in Automotive - Domestic stocks have likely encountered both Harley-Davidson (HOG) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

In early trading on Friday, shares of Tesla (TSLA) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 0.6%. Year to date, Tesla has lost about 65.2% of its value.

ImmunoGen, Inc.’s IMGN shares jumped 5.5% after it announced CFO Susan Altschuller would not return from her time off.Shares of TG Therapeutics, Inc. TGTX skyrocketed 22.9% on news that the FDA had approved its drug, Briumvi, for treating multiple sclerosis.Tesla, Inc.’s

The NASDAQ 100 Pre-Market Indicator is down -101.26 to 10,849.79. The total Pre-Market volume is currently 34,369,321 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.56 at $16.74, with 5,163,921 shares traded

It has been nothing short of a roller-coaster ride for the auto industry in 2022. From historically low levels of inventory and record high prices of vehicles to the transformative Climate Bill and e-mobility acceleration, there were stories that made the biggest ripples

When we return from the holiday weekend, the market will start anew as it faces a sea of December economic data and prepares for the next quarterly earnings season. 

Global stock markets have been on a wild ride since the COVID-19 pandemic shook the world. After closing at a record high on February 19, 2020, the U.S. stock market crashed due to the instability caused by an unprecedented pandemic. But, the stock market staged an unexpected comeback very soon and a bull market started on hopes of recovery and government stimulus. Tech stocks enjoyed a strong rally in 2020 as certain businesses, like e-commerce and cloud computing, gained immensely from pandemic-led tailwinds. In contrast, tech stocks were battered in 2022 amid high interest rates and fears of a looming recession.   Let’s take a look at the stocks of six tech giants and see where they stand compared to their pre-COVID highs (we’ll consider stock prices until February 19, 2020, for pre-COVID highs).   Amazon (AMZN) Amazon ( NASDAQ:AMZN ) stock has plunged from its pre-COVID high of $109.30. The stock closed at $84.18 on December 29, 2022, reflecting a year-to-date decline of 50%. It fell out of the trillion-dollar market cap club last month. Amazon shares skyrocketed in 2020 as consumers extensively depended on e-commerce retailers for various goods. However, as the economy reopened gradually, consumers started returning to physical stores, which led to a slowdown in Amazon’s revenue growth. Amazon stock rose just above 2% in 2021, lagging its FAANG peers. While the company’s Amazon Web Services cloud computing division has been resilient and helped in offsetting the weakness in retail business this year, investors are concerned about the deceleration in AWS and the overall revenue growth.     Is Amazon a Buy, Hold, or Sell? Wall Street remains bullish about Amazon’s long-term growth prospects based on its dominance in the e-commerce and cloud computing markets. The Street’s Strong Buy consensus rating is based on 34 Buys and three Holds. The average AMZN stock price target of $140.03 implies nearly 66.4% upside potential.     Apple (AAPL) Apple ( NASDAQ:AAPL ) stock, which closed at $129.61 on December 29, 2022, has appreciated compared to its pre-COVID high of $81.96. Shares rose about 35% in 2021, following an 82% rally in 2020. Work, play, and learn-from-home trends drove solid demand for Apple’s Mac and iPads during the pandemic. However, iPhone sales declined in Fiscal 2020 (ended September 26, 2020) in anticipation of newer models. Despite supply chain issues, Apple’s iPhone sales bounced back strongly in Fiscal 2021. The company’s sales grew over 33% in Fiscal 2021, with strength across all product categories and Apple’s Services business. With fading pandemic tailwinds, persistent supply chain bottlenecks, and the impact of macro pressures on consumer spending, Apple’s sales growth slowed down to 7.8% in Fiscal 2022 (ended September 24, 2022).     What is the Target Price for Apple Stock? While Apple stock has fallen over 27% this year, Wall Street continues to be bullish about one of the world’s most innovative companies. The Strong Buy consensus rating for Apple is backed by 23 Buys and four Holds. At $179.10, the average AAPL stock price target implies 38.2% upside potential.     Meta Platforms (META) Meta Platforms ( NASDAQ:META , formerly Facebook) stock has fallen significantly from its pre-COVID high of $224.20 to $120.26 on December 29, 2022. The leading social media platform benefited from high ad spending during the pandemic as businesses rushed to reach a growing online customer base. However, a slowdown in ad spending following the economic reopening, growing competition from TikTok, and the shift to lower monetization products like Reels have weighed on Meta’s revenue this year. Furthermore, Apple’s iOS privacy changes have impacted Meta’s ability to target ads and have cost it billions of dollars. Investors are also concerned about the huge investments made by the company in its Metaverse projects.         Is Meta a Buy, Sell, or Hold? Wall Street is cautiously optimistic about Meta Platforms, with a Moderate Buy consensus rating based on 27 Buys, eight Holds, and three Sells. At $148.12, the average Meta stock price target suggests upside potential of 23.2%. META stock has fallen more than 64% year-to-date. Microsoft (MSFT) Trading at $241.01 as of writing, Microsoft ( NASDAQ:MSFT ) stock has advanced when compared to its pre-COVID high of $190.70. Nonetheless, the stock has declined over 28% year-to-date. Microsoft has a diversified business model and is well known for its widely used Office 365 software, Windows operating system, hardware offerings, and Azure cloud computing platform. The company gained from rapid digitization and accelerated shift to the cloud triggered by work-from-home mandates during the pandemic. With the waning of COVID-led favorable trends, MSFT’s revenue growth has slowed down due to a deceleration in Azure growth and lower Windows revenue owing to weakness in the personal computers (PC) market. Is Microsoft Stock a Buy? Despite near-term headwinds, Wall Street is positive about Microsoft’s multiple revenue streams and solid fundamentals. The Strong Buy consensus rating for Microsoft stock is backed by 25 Buys and two Holds. The average MSFT stock price target of $291.34 implies nearly 21% upside potential. Alphabet (GOOGL) (GOOG) Shares of Google parent Alphabet ( NASDAQ:GOOGL ) ( GOOG ) are trading above their pre-COVID high of $76.54 (GOOGL). Alphabet’s overall revenue grew 41% in 2021 compared to 13% rise in 2020, driven by strength in ad spending during the pandemic. However, high inflation and macro pressures led to a pullback in ad spending this year and impacted revenue from YouTube and Google’s search ads.         Is Alphabet Stock a Buy, Sell, or Hold? Wall Street is highly bullish about Alphabet based on 29 unanimous Buys. Analysts are confident that the company’s dominant position in the digital ads space will support long-term growth. Additionally, the rapid growth in Google Cloud revenue is worth paying attention though the business is not profitable yet. At $125.76, the average GOOGL stock price target implies 42.2% upside potential. GOOGL stock has tumbled 39% year-to-date. Tesla (TSLA) We finally discuss electric vehicle (EV) maker Tesla ( NASDAQ:TSLA ), which is often considered a tech stock by several investors and Tesla bulls. Supply chain and production disruptions triggered by the COVID-19 resurgence in China and macro pressures have dragged down Tesla stock this year. Also, Tesla CEO Elon Musk’s Twitter acquisition and the subsequent distraction have shaken investor confidence. Tesla is one of the worst-performing stocks of 2022, down over 65% year-to-date to $121.82. Nevertheless, it’s worth noting that the EV leader’s stock is still at a better level than the pre-COVID high of $64.60. What is the Average Price Target for Tesla? Despite ongoing economic pressures, several analysts are still optimistic about Tesla’s strong prospects in the lucrative EV market. The consensus Moderate Buy rating for TSLA stock is based on 19 Buys, 10 Holds, and two Sells. The average TSLA stock price prediction of $264.27 indicates nearly 117% upside potential. Conclusion Among the six stocks discussed above, Amazon and Meta Platforms are trading below their pre-COVID highs. Wall Street analysts are looking beyond the near-term macro pressures and are highly optimistic about Amazon, Apple, Microsoft, and Alphabet. Meanwhile, they are cautiously optimistic about Tesla and Meta Platforms. Special end-of-year offer: Access TipRanks Premium tools for an all-time low price!  Click to learn more. Disclosure

Over the past two months, Berkshire Hathaway, the investment company owned by Warren Buffett, has reduced its holdings in Chinese automaker BYD (OTC: BYDDY), with its holdings in the automaker dropping to 14.95% from 16.28%. Overall, Berkshire has sold its BYD holdings five time

Tesla (TSLA) shares soared 8.1% in the last trading session to close at $121.82. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 42.1% loss over the past four weeks.

Wall Street consistently likes to tap into investor demand, and the latest product that financial innovators have come up with is the single-stock ETF. Rather than holding a diversified portfolio of stocks that share similar characteristics, the purpose of a single-stock ETF is s

Baidu Inc and Toyota Motor Corp-backed startup Pony. ai said on Friday they been granted the first licences to test fully autonomous vehicles without safety operators as a backup in Beijing.

Baidu Inc said on Friday it had been granted the first license to test driverless vehicles on roads in Beijing, and would add another 200 robotaxis to its network across China in the coming year.

Tesla (US:TSLA) Chief Executive Officer Elon Musk had to meet a margin call from creditors holding the stock as collateral for loans financing his Twitter acquisition, Barron's reported on Thursday.

Just when we were starting to be OK with a depleted stock market in the final sessions of 2022 — the better to see gains in 2023 — stocks turn around an issue a rally Santa Claus would have been proud of. The Dow, which had gained nearly 420 points at its session high, ga

The NASDAQ 100 After Hours Indicator is down -6.52 to 10,944.53. The total After hours volume is currently 63,787,648 shares traded.The following are the most active stocks for the after hours session: Ardelyx, Inc. (ARDX) is -0.0189 at $2.51, with 5,457,555 shares traded. As re

Wall Street's main indexes closed higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation.

Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation.

Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate hikes might be starting to dent labor market strength in its bid to fight inflation.