In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Aug. 7. Today's video will focus on Tesla's sales numbers in China, news about Gigafactory Mexico, Elon's fight with Mark Zuckerberg, and a huge megapack order.
As usual, there was much going on in the fast-growing electric vehicle (EV) space this past trading week, Aug. 7-11. Following are three of the top EV stories of the week of which investors should be aware.
With the Nasdaq Composite index up 32% in 2023 (as of Aug. 9), it's clear that investors are starting to feel optimistic again. That's especially true following the double-digit loss posted last year.
Elon Musk has put a lot of emphasis on Tesla's (NASDAQ: TSLA) artificial intelligence capabilities like autonomous driving and the Optimus robot. But these products aren't fully commercialized, and if Tesla can't get to full autonomy it may be passed by competitors. In this video
Ark Invest CEO Cathie Wood looks for one thing in her investments above all others: innovation. It's no coincidence that half of Ark Invest's actively managed ETFs feature the word in their names. There's arguably no greater area for innovation right now than artificial intellige
The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight weekly losses, as hotter-than-expected U.S. producer prices data pushed Treasury yields higher and sank rate-sensitive megacap growth stocks.
Li Auto stock has nearly doubled in 2023, and Wall Street is finally taking note. The stock could still offer good returns in the long term, given its strong execution track record and reasonable valuations.
The Nasdaq and the S&P 500 closed lower on Friday, with both recording a second straight weekly decline, as hotter-than-expected U.S. producer prices data pushed Treasury yields higher and sank rate-sensitive megacap growth stocks.
The S&P 500 and Nasdaq dropped on Friday, heading for another weekly decline after hotter-than-expected U.S. producer prices data pushed Treasury yields higher and sank rate-sensitive megacap growth stocks, which weighed on the benchmark indexes.
The First Trust Nasdaq BuyWrite Income ETF is seeing unusually high volume in afternoon trading Friday, with over 198,000 shares traded versus three month average volume of about 34,000. Shares of FTQI were off about 0.7% on the day.
Tesla boss Elon Musk said on Friday his planned cage fight with billionaire rival Mark Zuckerberg would be held at an "epic location" with an ancient Roman theme, as Italy indicated it was ready to stage the scrap.
The S&P 500 and Nasdaq fell on Friday as rate-sensitive megacap growth stocks declined after hotter-than-expected producer prices data for July sent U.S. bond yields higher.
This earnings season, several stocks plummeted 20% or more after earnings. I recently posted an article to Zacks.com about averting such disasters. With that said, earnings season is behind us, and the stock market is pulling back
This earnings season, several stocks plummeted 20% or more after earnings. I recently posted an article to Zacks.com about averting such disasters. With that said, earnings season is behind us, and the stock market is pulling back
Changan Ford Motor plans to set up a new-energy passenger car joint venture with state-owned Chongqing Changan Automobile, according to a document published by China's market regulator on Friday.
Italy's culture minister has talked to Tesla boss Elon Musk about organising an ancient Rome-themed charity event after the U.S. entrepreneur said his planned fight with Meta's Mark Zuckerberg would have such a backdrop.
Cathie Wood is an open book when it comes to her trading as the ace stock picker for Ark Invest. She publishes her transactions at the end of every trading day. As an optimist I tend to focus on the names that she's buying, but it's also important to check out what Ark's founder
In this video, I will talk about Tesla (NASDAQ: TSLA), its remarkable growth in Europe despite the increased competition from Chinese and German automakers, and CFO Zack Kirkhorn's departure.
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