Nasdaq TSLA Tesla

Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.

There isn't a hotter next-big-thing trend on Wall Street at the moment than artificial intelligence (AI).

The renewable energy sector is poised to see demand surge in the coming years, driven by government incentives and urgency to combat climate change. The biggest tailwind for the green industry comes from the Inflation Reduction Act, which was signed into law in August 2022 and ca

The United Auto Workers (UAW) strike could certainly affect General Motors GM and Ford F the longer it lasts but there appears to be much risk already priced into their stocks.

The Principal U.S. Mega-Cap ETF ( NASDAQ:USMC) believes that bigger is better, as it invests in the largest S&P 500 ( SPX ) companies. Is this a viable strategy and worth a look from investors? Let’s find out.   What is the USMC ETF's Strategy? The Principal U.S. Mega-Cap ETF pursues long-term capital appreciation by investing in U.S. companies “with very large (‘mega’) market capitalizations at the time of purchase,” according to Principal Asset Management. It defines companies with mega market caps as those with market caps in the top 50th percentile of the S&P 500.  Why focus on these large companies? Principal says that investing in mega-cap stocks offers a multitude of advantages. These stocks typically have strong balance sheets, offer ample liquidity, and have well-known brands. Principal also says that these types of stocks typically provide more durability and stability during volatile market environments.  These points make a lot of sense -- you don’t achieve a market cap worth hundreds of billions of dollars and hit mega-cap status by being a subpar company, so there’s something to be said for this strategy. But how does it play out in the real world in terms of results? Let’s find out below.  USMC's Long-Term Performance It turns out that this mega-cap-focused strategy has been a pretty effective one over time. USMC has returned 20.6% year-to-date in 2023 and 27.1% over the past year. Looking further out, as of the end of August, its three-year annualized return of 11.5% is also impressive, and its five-year annualized return of 12.0% is even better. The fund only launched in 2017, so it doesn’t yet have a 10-year return to measure. However, since its inception in October of 2017, USMC has posted an annualized return of 12.2%. These returns are actually better than those of the broader market, putting USMC into an enviable position as one of the ETFs that can say it has beaten the market over time. For comparison, the Vanguard S&P 500 ETF ( NYSEARCA:VOO) , a good representation of the S&P 500, has returned 14.3% year-to-date and 20.1% over the past year. Also, as of the end of August, VOO returned 10.5% and 11.11% over the past three and five years, respectively, on an annualized basis, meaning that USMC slightly outperformed it over these timeframes as well.  Below, you can take a look at a comparison of USMC and VOO using TipRank’s ETF comparison tool, which enables investors to compare up to 20 ETFs at a time across a wide range of criteria, including expense ratios, assets under management (AUM), and performance over a variety of time horizons. Reasonable Expense Ratio In addition to producing market-beating results over the past five years, USMC is also a fairly cost-effective ETF, with a reasonable expense ratio of 0.12%. An investor allocating $10,000 into USMC would pay just $12 in fees during their first year of investing. If the fund returns 5% per year and the expense ratio remains at 0.12%, this investor would pay just $45 in fees after three years, $82 in fees after five years, and $189 after 10 years. Investing in low-cost ETFs like this allows investors to protect their principal investment and reap more of the rewards from their gains over time.  Additionally, it's worth noting that USMC is a dividend payer, although its current dividend yield of 1.4% isn't really significant enough to attract dividend investors. Mega-Cap Holdings USMC is not especially diversified, but it isn't alarmingly concentrated either. The ETF holds 43 positions, and its top 10 holdings combine to make up 40.8% of the fund. Below, you’ll find an overview of USMC’s top 10 holdings using TipRanks’ holdings tool. You likely won’t be surprised to see Apple ( NASDAQ:AAPL ) and Microsoft ( NASDAQ:MSFT ), the world’s two largest companies by market value, at the top of USMC’s list of holdings. USMC gives investors plenty of exposure to the "Magnificent Seven" stocks with these two, plus Alphabet ( NASDAQ:GOOGL ), Tesla ( NASDAQ:TSLA ), and Nvidia ( NASDAQ:NVDA ). Other members of the Magnificent Seven, like Meta Platforms ( NASDAQ:META ) and Amazon ( NASDAQ:AMZN ) appear further down the list of USMC's holdings. The ETF also adds to this large-cap tech flavor with a position in Adobe ( NASDAQ:ADBE ). Beyond big tech, USMC features top 10 positions in other large-cap blue-chip companies like warehouse giant Costco ( NASDAQ:COST ), consulting firm Accenture ( NYSE:ACN ), and payment networks Visa ( NYSE:V ) and Mastercard ( NYSE:MA ). One thing that many of these holdings have in common is strong Smart Scores. The Smart Score is a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market key factors. A score of 8 or above is equivalent to an Outperform rating. An impressive eight out of USMC’s top 10 holdings feature Outperform-equivalent Smart Scores of 8 or above, and USMC itself features an Outperform-equivalent Smart Score of 8. The Smart Score is a fan of USMC, and as you’ll see below, so are Wall Street analysts. Is USMC Stock a Buy, According to Analysts?  Turning to Wall Street, USMC earns a Moderate Buy consensus rating based on 39 Buys, four Holds, and zero Sell ratings assigned in the past three months. The average USMC stock price target of $51.27 implies 18.3% upside potential. Looking Ahead In conclusion, USMC ticks a lot of boxes for investors. It has recorded double-digit annualized returns and beaten the broader market over the past five years. Even better, it charges a fee of just 0.12%, which seems very reasonable in light of its strong performance. Also, the fund features a solid portfolio of strong stocks with great Smart Scores, and it enjoys an Outperform-equivalent Smart Score itself. Wall Street analysts are collectively bullish on USMC as well. The idea of going big by investing in mega-cap companies may indeed be a simple strategy, but it has proven to be an effective one over the past five years, making USMC a solid choice for investors to consider adding to their portfolios.  Disclosure

Nissan Motor Co said on Monday all its new European models will be fully electric and it plans to sell only electric vehicles (EVs) on the continent by 2030, joining a growing number of carmakers shifting to electric by the end of the decade.

The S&P 500 and the Nasdaq gained in choppy trade on Monday as most megacap stocks picked up steam, with investors keenly awaiting economic data and Federal Reserve policymakers' remarks throughout the week for clarity on the path for interest rates.

TipRanks has introduced a new feature called the Ownership Tab that offers a detailed look at the ownership structure of a stock. Using this tool, we will delve into electric vehicle (EV) giant Tesla’s ( NASDAQ:TSLA ) ownership to know the holdings of different shareholders of the company. It is vital to assess the ownership structure as it helps understand the impact that a major owner or shareholder can have on the company’s governance, decisions, and risks. For instance, an insider with a significant holding could influence the company’s stock price with his/her buy or sell transactions.    Who Owns Most of TSLA Stock? As per TipRanks’ Ownership Tab, Individual Investors and Public Companies hold a majority stake (47.1%) in Tesla stock. Next, Institutional Investors own 39.9% of the shares (13.8% by Mutual Funds and 26.1% held by Other Institutional Investors), while Insiders hold the remaining 13.1%. For Individual Investors, the sentiment on TSLA stock is Positive, given that in the last 30 days, the number of portfolios (tracked by TipRanks) holding the stock increased by 1.8%. Overall, 20.4% of all investor portfolios analyzed by TipRanks hold TSLA.     Within Institutional Investors, let’s first look at Hedge Funds (Other Institutional Investors). Currently, the Hedge Fund Confidence Signal is Very Negative for Tesla, based on the activity of 37 hedge funds. As per TipRanks’ Hedge Funds Trading Activity Tool, hedge funds decreased their TSLA holdings by 2 million shares last quarter.     Let’s now move to Mutual Funds. Vanguard Index Funds owns the largest percentage (5.48% of TSLA stock) among mutual funds. Vanguard owns 174.03 million Tesla shares worth $41.7 billion. Tracking the holdings of Mutual Funds could give insights into the investment decisions of reputable fund managers. Meanwhile, among Exchange Traded Funds (ETFs), Vanguard Total Stock Market ETF ( VTI ), Vanguard S&P 500 ETF ( VOO ), and SPDR S&P 500 ETF Trust ( SPY ) are the top three ETFs holding TSLA stock. As for Corporate Insiders, TipRanks’ data reveals that no particular trend in Informative Buys or Sells has been noticed in Insiders’ trading activity in Tesla over the past three months. Recent sales by Insiders were all categorized as Uninformative. It is worth noting that Tesla Insider CEO Elon Musk is the top shareholder, with a nearly 13% stake. In particular, Musk owns over 411 million TSLA shares valued at more than $100 billion. Conclusion TipRanks’ Ownership Tab provides valuable insights into the category-wise ownership structure of the company, enabling investors to make well-informed investment decisions. Disclosure

What happened Shares of rising Chinese electric-car company Li Auto (NASDAQ: LI) cratered 9.8% through 9:45 a.m. ET on Monday as competition heated up in China's domestic electric-vehicle (EV) industry. This morning, the South China Morning Post (a Hong Kong-based, English langua

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR Fund (Symbol: XLY) where we have detected an approximate $329.9 million dollar inflow -- that's a 1.9%

Major U.S. stock indexes were lackluster on Monday as worries over prolonged higher interest rates kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

The U.S. auto industry is experiencing turbulence as the United Auto Workers (UAW) strike is intensifying. The strike, which began on Sep 15, at three plants has now expanded its reach to 38 parts and distribution centers across 2

Tesla (TSLA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Wall Street's main indexes eyed a weak open on Monday as worries over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

As global investors assess their options in the changing backdrop of international investments, one country seems to be capturing the spotlight: India. Several India ETFs including Vaneck India Growth Leaders ETF GLIN, Vaneck Digi

The NASDAQ 100 Pre-Market Indicator is down -30.1 to 14,671. The total Pre-Market volume is currently 27,439,217 shares traded.The following are the most active stocks for the pre-market session: NIO Inc. (NIO) is -0.48 at $8.05, with 4,691,061 shares traded. NIO's current last

U.S. stock markets closed lower on Friday as market participants remained concerned regarding higher interest rate for a longer period. Record-high yields on U.S. government bonds significantly dented investors’ confidence on risk

U.S. stock index futures were lackluster on Monday as concerns over interest rates staying higher for longer kept the 10-year Treasury yield buoyant, while investors awaited economic data and Federal Reserve policymakers' remarks throughout the week.

Japan's Sumitomo Metal Mining said on Monday it will invest 16.9 million Canadian dollars ($12.5 million) in Canada's battery material company Nano One Materials to collaborate on manufacturing technology for the material.

U.S. stock index futures slipped on Monday on concerns over interest rates staying higher for longer, with investors awaiting economic data as well as remarks from Federal Reserve policymakers throughout the week.