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Wall Street's main indexes slipped on Monday on a drag from shares of Tesla, while investors also awaited earning reports from U.S. retail giants and economic data later in the week to gauge the strength of consumer spending.

Ford Motor on Monday named former Apple executive Peter Stern as the president of its newly formed Ford Integrated Services unit to help build new high-margin digital and subscription services.

Consumer stocks were mixed pre-bell Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) slightly advancing and Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5% recently.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.15%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock indexes this morning gave up an overnight advance and are modestly lower. Higher T-note yields this morning are a bearish factor for stocks. Also,...

Wall Street's main indexes were set for a muted open on Monday as investors awaited quarterly reports from U.S. retail giants and economic data later in the week to gauge the strength of consumer spending and direction for interest rates.

September S&P 500 futures (ESU23) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.05% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as quarterly earnings reports from high-profile retailers.

The NASDAQ 100 Pre-Market Indicator is down -18.5 to 15,009.57. The total Pre-Market volume is currently 69,057,867 shares traded.The following are the most active stocks for the pre-market session: AMC Entertainment Holdings, Inc. (AMC) is -1.78 at $3.48, with 10,123,620 shares

September S&P 500 futures (ESU23) are up +0.12%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.15% this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as quarterly earnings reports from high-profile retailers.

U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week.

Despite the uncertainty, there are indications that the market's underlying optimism is intact.

U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week.

Analyst  Alexander Potter of research firm Piper Sandler has been awarded the TipRanks All-star Analyst of the Day title. Remarkably, Potter holds an impressive rank of #301 out of the 8,549 Wall Street analysts tracked by TipRanks. One of the prominent stocks in his coverage is Tesla ( NASDAQ:TSLA ), for which he is recognized as the Most Accurate and Profitable analyst. Most Profitable and Accurate Analyst on TSLA Stock When we look at Potter’s recommendation for the electric vehicle giant Tesla, we see that over the past year, Potter has had a 65% success rate on the stock. Plus, he has earned impressive average returns of 113.57% in the said period. To date, Potter’s most profitable rating was a Buy on Tesla. The analyst earned a massive 800% return on the call between January 10, 2020, and January 10, 2021. Potter primarily focuses on covering the Consumer Goods sector in the U.S. and Canadian markets. On an overall basis, copying Potter’s trades and holding them for a year would give you an average return of 21.1%, with 50% of the trades yielding a profit! Following phenomenally successful analysts’ ratings can add profit to your portfolio. Find the best analyst to follow for any stock by scrolling down to the “ Best Analyst Covering” feature on its  Analyst Forecast page. To follow the best Wall Street analysts, take a look at the list of  Top Analysts on TipRanks. Disclosure

Tesla Inc has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday.

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

Lucid (NASDAQ: LCID) posted its second-quarter results after the market close on Aug. 7. The luxury EV maker's revenue rose 55% year over year to $151 million, but missed analysts' estimates by $54 million. Its net loss more than tripled from $220 million to $764 million, or $0.4

The U.S. equity market continued its bull rally throughout July and early August, despite the Federal Reserve resuming interest rate hikes. Major indexes such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have posted gains of 16%, 30%, and 6%, respectivel

Ford Motor Company (NYSE: F) and other legacy automakers are making the transition to electric vehicle (EV) sales, but it's been no joyride. Manufacturing a battery-powered car with sophisticated software that's integral to operations is a very different process compared to inter

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.