The S&P 500 ticked higher in a choppy session on Wednesday as a boost from Microsoft and optimism about another round of stimulus for the virus-stricken economy countered worries over worsening ties between the United States and China.
U.S. stocks rose on Wednesday as a boost from technology stocks along with optimism about another round of stimulus for the virus-stricken economy overshadowed worries over a spike in tensions between the United States and China.
Tesla shares extended their recent rally on Wednesday ahead of a quarterly report from the electric car maker that might clear the way for it to join the S&P 500 and attract over $40 billion in new demand for the stock.
The S&P 500 and Dow were set to open lower on Wednesday as an escalation in tensions between United States and China offset optimism about another round of fiscal stimulus for the virus-stricken economy.
Increasing losses, additional stock dilution, and a lack of financial details in newly announced collaborations have proven no deterrent to the upward trajectory of Twist Bioscience (NASDAQ: TWST) stock. Shares of the DNA synthesis company have soared 186% since the beginning of
Despite already posting year-to-date gains of some 260%, compared to flattish returns for the S&P 500 index, one prominent Wall Street analyst recently outlined a scenario where Tesla (TSLA) stock can reach $2,000, thereby producing additional premium of 33%.
U.S. stock index futures fell on Wednesday as investors shunned risky assets after Washington ordered a shutdown of the Chinese consulate in Houston, escalating tensions between the world's two largest economies.
For most companies, the coronavirus disease 2019 (COVID-19) pandemic represents one of the most disruptive events they're ever navigated through. But for the market's largest companies, it's represented an opportunity to get even bigger.
Electric-car maker Tesla (NASDAQ: TSLA) is slated to report earnings after market close today. With the stock up more than 500% over the past 12 months, investors will be watching to see if the automaker can live up to the hype.
Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.
Tesla Inc has advertised for servicing staff in Singapore, a country previously criticised by Chief Executive Elon Musk as unsupportive of electric vehicles.
The S&P 500 Index (SNPINDEX: ^GSPC) closed relatively flat on July 21, up 5.5 points, or 0.17%. Yet while the index was not very volatile, oil stocks were surging higher. Nine of the top 10, and 17 of the top 20 biggest-gainers in the index today were oil and gas stocks, i
The S&P 500 edged higher on Tuesday, as investors rotated into economically sensitive cyclical stocks, optimistic that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been the big winner in the stock market in 2020, easily outpacing the performance of its rival benchmarks. However, on Tuesday at least, the Nasdaq took a break. Both the Composite and the Nasdaq-100 Index were down around 1%, missin
The S&P 500 edged higher on Tuesday as investors rotated into economically sensitive cyclical stocks, optimistic that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
The gap between consumer stocks narrowed this afternoon, with the SPDR Consumer Staples Select Sector ETF still 1.0% on Tuesday while the SPDR Consumer Discretionary Select Sector ETF was rising 0.2%.
What happened
Tesla (NASDAQ: TSLA) has had a tremendous year so far, with its stock nearly quadrupling in value. At a share price of more than $1,600 today, however, Tesla is looking like a ripe target for Wall Street analysts, because at valuations this extreme, the downside is
U.S. stocks rose on Tuesday as a rotation into economically sensitive cyclical stocks reflected optimism that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.
Consumer stocks were broadly higher, with the SPDR Consumer Staples Select Sector ETF climbing 1.4% Tuesday afternoon while the SPDR Consumer Discretionary Select Sector ETF was rising 0.7%.