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Wall Street's main indexes fell on Tuesday, with megacaps under pressure from rising Treasury yields and traders scaling back expectations for an early start to interest-rate cuts ahead of key inflation reports due later this week.

If you want to buy stocks in the new year, historical patterns are on your side. Since its founding in 1971, the Nasdaq Composite has risen an average of 19% in each year following a rebound year like the one we experienced in 2023. And with the Federal Reserve expected to lower

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent

Forward stock splits can help investors in two ways. The most obvious benefit is that a stock split lowers the price per share, making the stock more accessible. The less obvious benefit is that a stock split tells investors the underlying company is doing something right.

Fool.com contributor Parkev Tatevosian compares Tesla (NASDAQ: TSLA) and Palantir (NYSE: PLTR) to determine which is the best artificial intelligence stock to buy in 2024.

What a year 2023 was for the Nasdaq Composite index. After the technology-heavy index plunged more than 33% in 2022, it rebounded by soaring more than 43% last year. Since the index launched in 1971, the year following a rebound year (like 2023) has also been very lucrative, deli

If there's one constant on Wall Street, it's that there's always a next-big-thing investment trend capable of changing an industry or revolutionizing the world. Throughout 2023, artificial intelligence (AI) captivated the attention of investors. But before AI dazzled Wall Street,

China's passenger car sales climbed 8.3% in December, bringing to a close a strong year for auto giant BYD and other domestic brands which have been outselling their foreign rivals.

The latest trading session saw Tesla (TSLA) ending at $240.45, denoting a +1.25% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.41%. On the other hand, the Dow registere

As a candidate for worst performer of 2023, it doesn’t get much uglier than ChargePoint ( NYSE:CHPT ). Specializing in EV charging infrastructure, ChargePoint is seemingly one of the most relevant businesses. As EVs gradually become the norm of personal mobility, the demand for public charging should rise. Unfortunately, CHPT stock suffered a loss of roughly 78% in the past year. Still, the potential materialization of monetary policy tailwinds makes me bullish on CHPT stock as a speculative idea. Investors Should Take a Fair View of CHPT Stock To reiterate, in just the past one-year period, CHPT stock gave up almost 80% of its value. No matter how you cut it, that’s a worrying blow. Trading at a little over two bucks, ChargePoint shares represent a steep discount (on paper) from their initial offering price of $10. Recall that the charging enterprise entered the public domain via a reverse merger with a special-purpose acquisition company (SPAC). Also, at the height of its power, CHPT stock was racing toward the $50 level. Against that framework, ChargePoint is now a sad shell of its former self. However, the red ink wasn’t entirely based on technical irrationality. As TipRanks contributor Steve Anderson mentioned, ChargePoint previously used a plug format that was different from the so-called Tesla ( NASDAQ:TSLA ) charging standard or the North American Charging Standard (NACS). With the EV pioneer leveraging tremendous influence over the sector, many automakers began switching to NACS. Unfortunately, this dynamic put CHPT stock in a bind. To the company’s credit, ChargePoint began pivoting toward NACS, though it hasn’t been enough to save the business from a market downdraft. Due to financial performance target misses, Wall Street steadily lost confidence in CHPT stock. Still, it’s also fair to point out that if investors believe in the wider adoption of EVs, then public charging is a must. Yes, it’s possible for consumers to charge their EVs at home. However, two major problems arise with this concept. First, not everybody has access to a garage. According to the Department of Energy, about 63% of all occupied housing units have a garage or carport. That still leaves plenty of folks that require public charging infrastructure. Second, improper home charging practices present fire risks. In fairness, at the moment, the risk is minuscule. However, as EVs become the domain of not just the educated and affluent, more mishaps can occur. The Fed to the Rescue Perhaps the biggest upside catalyst for CHPT stock centers on the Federal Reserve. Since 2022 and throughout much of 2023, the central bank imposed benchmark interest rate hikes to cool inflation. After a long period of easy money, the sudden surge in borrowing costs represented a shock to the system. Usually, the principle is that money today is worth more than money tomorrow. You don’t need to get into the conspiratorial realm of dollar collapse theories to understand this point. For decades, the greenback has steadily lost its purchasing power. Under this paradigm, it’s better to do something with your money – invest it, even spend it – than to save it. Unsurprisingly, then, during the worst of the COVID-19 crisis, when the Fed cut interest rates to the bone, sales of high-ticket items – especially real estate – blossomed. However, when the Fed reversed course and went the hawkish route, the purchasing power of the dollar increased relative to other currencies. And this clearly had an impact on the consumer. Specifically, the personal saving rate rose from 3.3% in November 2022 to 4.1% in November 2023. This makes sense because the prior paradigm got reversed: a dollar today will be worth less than a dollar tomorrow. So, it would make sense to save. However, the Fed recently hinted at interest rate cuts this year. If so, the normal paradigm of gradual inflation may return. In this framework, consumers will be more incentivized to do things with their money. That’s good for Wall Street and good for the broader retail business. Subsequently, if more EVs hit the road, that should be a tailwind for CHPT stock. Narrative, Not Valuation In terms of financial metrics, ChargePoint is a difficult beast to judge. Purely on numbers, CHPT stock trades at a trailing-year revenue multiple of 1.46x. What does that exactly mean? It’s tough to decipher since the industry is a novel one. However, it runs conspicuously lower than some of its peers, such as EVgo ( NASDAQ:EVGO ), which trades at a revenue multiple of 1.84x. Nevertheless, the point about CHPT stock is about the narrative. If you anticipate a wider adoption of EVs, then the realities of home ownership dictate that public charging demand will rise. Further, not everyone drives a Tesla. Plus, with the Fed possibly presenting a favorable monetary policy pivot, ChargePoint is a name to watch. Is CHPT Stock a Buy, According to Analysts? Turning to Wall Street, CHPT stock has a Moderate Buy consensus rating based on six Buys, 12 Holds, and zero Sell ratings. The average CHPT stock price target is $3.28, implying 49.3% upside potential. The Takeaway: CHPT Stock Deserves a Second Look Last year, CHPT stock ranked among the worst market performers due to industry-related challenges. However, ChargePoint’s core business remains relevant. Further, with the Fed possibly set to implement a dovish monetary policy, CHPT deserves another look. Disclosure

While both Palantir and Meta Platforms are positioned for a stronger AI-fueled future in 2024, Wall Street is bullish on one stock's long-term prospects - and cautiously optimistic on the other.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 919,965 contracts have traded so far, representing approximately 92.0 million underlying shares. That amounts to about 82.6% o

The U.S. Supreme Court on Monday denied a bid by Intel and Edwards Lifesciences to revive part of their lawsuit challenging a U.S. Patent and Trademark Office policy that reduced the number of patents the federal agency reviews.

Investors interested in Automotive - Domestic stocks are likely familiar with Paccar (PCAR) and Tesla (TSLA). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

When it launched its initial public offering (IPO) in 2021, Rivian Automotive (NASDAQ: RIVN) was one of the most valuable automakers in the world. With a stock price of $78, its market capitalization of over $100 billion dwarfed established brands like Ford Motor and General Moto

With drop-dead gorgeous cars, industry-leading powertrain technology, and support from one of the wealthiest nations in the Middle East, Lucid Group (NASDAQ: LCID) seems to have everything it needs to win. But since hitting an all-time high of $58 in early 2021, shares have been

Legacy automakers had to deal with a raft of issues in 2023. In addition to the colossal task of figuring out how to build literal "data centers on wheels," electric vehicle (EV) pioneer Tesla (NASDAQ: TSLA) hastened on a price war. Faced with mounting losses on EV production, ri

Earnings season is back, with a couple of big names due to report this week including some of the major banks. This week we have Unitedhealth Group (UNH), JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Delta (DAL) and Bank of American (BAC) all set to report.

Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDY) are the leaders in electric vehicles (EVs). It's a burgeoning market, but prosperity isn't a given -- a reality that Rivian Automotive (NASDAQ: RIVN) is slowly coming to terms with these days.

The NASDAQ 100 Pre-Market Indicator is to 16,339.85. The total Pre-Market volume is currently 44,912,501 shares traded.The following are the most active stocks for the pre-market session: Spectaire Holdings, Inc. (SPEC) is +1.2 at $2.88, with 7,700,968 shares traded. SPEC's curr