What happened
Cryptocurrencies took a breather this morning after a nice rally in recent days, as investors digest more macro news and as the electric car maker Tesla (NASDAQ: TSLA) announced that it had sold much of its Bitcoin (CRYPTO: BTC) holdings.
Tesla TSLA reported second-quarter 2022 earnings of $2.27 a share, up from the year-ago figure of $1.45 and surpassing the Zacks Consensus Estimate of $1.82. This marked the sixth straight earnings beat for the company. Higher-than-expected revenues from Services and Othe
The Nasdaq rose on Thursday as electric automaker Tesla topped Wall Street's profit target, while the benchmark S&P 500 edged lower due to losses in telecom stocks after AT&T cut its cash flow forecast.
After the closing bell on Wednesday, Tesla Motors TSLA reported mixed Q2 earnings, beating estimates for earnings but lagging on revenues. The electric carmaker also ended its streak of record quarterly profits.Shares of Tesla rose 1.5% at the close in aftermarket hours.
For Immediate ReleaseChicago, IL – July 21, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
For Immediate ReleaseChicago, IL – July 21, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
The S&P 500 and the Nasdaq were set to open higher on Thursday as electric automaker Tesla topped Wall Street's profit target, while futures tracking the Dow struggled for direction.
Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components.
The NASDAQ 100 Pre-Market Indicator is up 67.26 to 12,506.94. The total Pre-Market volume is currently 36,989,360 shares traded.The following are the most active stocks for the pre-market session: Carnival Corporation (CCL) is -1.4 at $9.69, with 10,163,962 shares traded. CCL's
Nasdaq futures eked out gains on Thursday as electric automaker Tesla topped Wall Street's profit target, while futures tracking the S&P 500 and the Dow struggled for direction ahead of more earnings reports.
Electric-car maker Tesla (NASDAQ: TSLA) reported strong second-quarter results yesterday afternoon, featuring 42% revenue growth. The performance was impressive, considering the tough global supply chain and logistics challenges automotive companies are facing. Of particular note
Stock markets and the euro held their ground on Thursday with investor nerves steadied by the resumption of Russian gas supplies to Europe as they waited for what is expected to be the European Central Bank's first interest rate hike in 11 years.
Australia's Syrah Resources is seeing strong demand for the graphite it mines in Mozambique, thanks in part to China's COVID-19 lockdowns which are impacting production there, the company's chief executive said on Thursday.
Investors shouldn't only buy stocks after major pullbacks but, given the option, those are certainly smarter times to step in. The lower your entry price for a position, the bigger your profit can be when you get out.
The Indonesia rupiah hovered around a two-year low on Thursday after the country's central bank held its key lending rate steady as expected, while the Thai baht hit a more than 15-year trough in an overall subdued Asian currency market.
Stock markets eased on Thursday as a resumption of Russian gas supplies to Europe lifted the euro ahead of the European Central Bank's anticipated first interest rate hike in over a decade to quell inflation.
Asian emerging market equities extended gains on Thursday as optimism over the early stages of the U.S. earnings season buoyed sentiment, while Indonesia's rupiah fell to its lowest level in over two years ahead of a central bank meeting.
Asian emerging market equities extended gains on Thursday as optimism over the early stages of the U.S. earnings season buoyed sentiment, while Indonesia's rupiah fell to its lowest level in over two years ahead of a central bank meeting.
Asian stocks inched lower while the dollar held firm on Thursday as a looming interest rate hike in Europe and uncertainty over the westward supply of Russian gas kept traders on edge.