Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations.
Tesla is the worst-performing S&P 500 stock of the year so far, yet optimism lingers among some die-hard TSLA bulls. Here's a look at what Wall Street is predicting for the struggling Magnificent 7 stock.
Tesla said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent in local currencies.
SpaceX is building a network of hundreds of spy satellites under a classified contract with a U.S. intelligence agency, five sources familiar with the program said, demonstrating deepening ties between billionaire entrepreneur Elon Musk's space company and national security agencies.
When it comes to artificial intelligence (AI), applications in machine learning, large language models, and compute networking garner most of the attention. But what investors may not realize is that use cases packaged around AI are evolving in real time.
Many income investors focus mainly on a company's track record for making and raising dividend payments, and the dividend yield. But if you've been wondering which companies pay the most dividends, you've come to the right place.
Tesla's (NASDAQ: TSLA) Supercharger network has grown to nearly 2,000 locations in the U.S. and comprises nearly 22,000 chargers. The total rises to around 50,000 if counting charging stations outside the U.S.
The artificial intelligence (AI) market exploded last year and became one of the biggest growth drivers of the Nasdaq Composite's recovery. The market faced an economic downturn the previous year, which sent countless stocks plunging. However, the Nasdaq Composite is up 44% year
Tesla (NASDAQ: TSLA) stock closed at $175.34 a share on March 8 -- the lowest since May 17, 2023, when Tesla closed at $173.86 per share. Tesla is down nearly 30% year to date, but it more than doubled in 2023. Even with last year's monster gain, it may surprise investors to lear
At first glance, Broadcom (NASDAQ: AVGO) does not look like a "Magnificent Seven" stock. The Magnificent Seven name, coined by Bank of America analyst Michael Hartnett in 2023, largely featured household names such as Apple and Amazon. Broadcom, by contrast, is a B2B company, and
Despite Tesla’s TSLA slowing sales growth several auto stocks have been among the stock markets' top performers this year. While Tesla’s stock has largely lagged the broader market, a few domestic automakers have outperformed than
The U.S. National Transportation Safety Board said on Friday it was investigating the use of an advanced driver assistance system in a Ford Mustang Mach-E that was involved in a Feb. 24 fatal crash in San Antonio, Texas.
In the latest trading session, Tesla (TSLA) closed at $163.57, marking a +0.66% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.65% for the day. Meanwhile, the Dow lost 0.49%, and the N
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations.
The market has enjoyed a fantastic run in 2024, building nicely on last year’s gains. Up 8% YTD, the S&P 500’s strong performance has been aided significantly by large-cap technology, with others also joining the party.
Tesla has settled a long running lawsuit by a Black former factory worker who claimed he was subjected to severe racial harassment, according to a court filing on Friday, as the electric carmaker faces a series of other discrimination lawsuits.