As the underlying fundamentals start to turn a corner for the electric vehicle market, investors might want to buy the dip on these two longer-term stock ideas.
After launching the app-based version of its Threads platform in July, Meta Platforms (NASDAQ: META) is now gearing up to debut the browser-based version of the social media service. According to a report from The Wall Street Journal, the new version of the service could be ready
In early trading on Monday, shares of Palo Alto Networks topped the list of the day's best performing components of the S&P 500 index, trading up 15.3%. Year to date, Palo Alto Networks registers a 73.2% gain.
Wall Street's main indexes were mixed on Monday with the Nasdaq boosted by gains in Nvidia ahead of its earnings this week, while investors awaited a meeting of central bankers for more clues on the U.S. interest rate path.
Electric-vehicle maker Tesla's shares rose 4.5% on Monday, snapping a six-session losing streak, after brokerage Baird Equity Research added the stock to its "best ideas" list.
What happened
Tesla (NASDAQ: TSLA) shares have dropped for six consecutive days and 13 out of the last 14 trading sessions. The stock looks as if it may reverse course today, however. As of 11:30 a.m. ET, Tesla shares have jumped 4.8% to start the week.
The S&P 500 and Nasdaq climbed on Monday as Nvidia shares rose ahead of the chip designer's earnings this week, with investors also focused on a meeting of central bank policymakers for clues on the U.S. interest rate path.
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Tesla (TSLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Wall Street was set to open higher on Monday as investors awaited more clues on interest rates from a meeting of central bank policymakers at Jackson Hole and quarterly results from Nvidia later this week.
The NASDAQ 100 Pre-Market Indicator is up 95.26 to 14,790.1. The total Pre-Market volume is currently 27,124,867 shares traded.The following are the most active stocks for the pre-market session: Kenvue Inc. (KVUE) is +0.39 at $23.26, with 8,513,193 shares traded. KVUE's current
U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues on interest rates from an upcoming gathering of central bank policymakers at Jackson Hole, as well as quarterly results from Nvidia.
For the second quarter, ended June 30, Tesla (NASDAQ: TSLA) reported revenue of $24.9 billion and adjusted earnings per share of $0.91. Both figures handily beat Wall Street estimates. And at that point, the stock was up an impressive 137% in 2023.
September S&P 500 futures (ESU23) are up +0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.63% this morning as market participants looked ahead to Federal Reserve Chair Jerome Powell’s speech later in the week, while also gearing up for a fresh batch of economic data.
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much?
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Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much?
U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues on interest rates from an upcoming gathering of central bank policymakers in Jackson Hole, as well as quarterly report from Nvidia.
September S&P 500 futures (ESU23) are up +0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.63% this morning as market participants looked ahead to Federal Reserve Chair Jerome Powell’s speech later in the week, while also gearing up for a fresh batch of economic data.
There are a lot of ways to make money on Wall Street. Over the past couple of years, gravitating to stocks enacting splits has been one of the more profitable strategies.