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Tesla shares are climbing Monday, after Elon Musk's electric-vehicle maker ended last week with a market value of more than $1 trillion for the first time since April 2022. The stock is on course for its fifth-straight session of gains, matching a five-day runup in September, according to Dow Jones Market Data...
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Wedbush Securities’ Dan Ives believes a second Trump administration is a massive boost for Tesla's "full self-driving" software...
Continue ReadingVolkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy despite these challenges...
Continue ReadingU.S. equities continued their post-election rally at midday, fueled by optimism that the new Trump administration will be a positive for the markets...
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Tesla stock continued to soar Monday after hitting a $1 trillion valuation that Wedbush analysts say could double in the next 18 months after Elon Musk's "big bet" on Trump's win...
Continue ReadingEnterprise software juggernaut Microsoft, like most tech stocks, had started September on the wrong foot. Microsoft stock reversed bullishly, gaining more than 3% for the month. On Monday morning, after an enthralling week for equities, Microsoft stock pulled back, falling 0.9% in volume running 15% above usual levels...
Continue ReadingTesla reclaims its $1 trillion market cap buoyed by Trump's win and blockbuster third-quarter 2024 results...
Continue ReadingTesla stock surged for a fifth straight session on Monday as the company continues to benefit from its CEO's relationship with President-elect Donald Trump...
Continue ReadingFollowing Donald Trump's victory in the 2024 US presidential election, tech CEOs were quick to send congratulatory messages. However, Sherwood Senior Correspondent Ronnie Molla suggests this public show of support was more calculated than genuine. "It's like they all prompted ChatGPT for the same response to publicly and then privately talk to Trump," Molla told Catalysts. She notes this was quite different from the tech leaders' reactions to Trump's 2016 win as CEOs now understand from his first presidency that he is capable of "hold[ing] a grudge" or being "very vindictive." Molla singles out Tesla (TSLA) and Elon Musk's related companies, saying they "stand to gain" from Trump's return to the White House due to Musk's deep involvement in the former president's reelection efforts. However, for the broader tech sector, she cautions that the landscape remains "so uncertain" given Trump's potential policies around China tariffs and AI regulation. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...
Continue ReadingSony Group reported strong Q2 '24 earnings, with a 12% share increase. Learn why SONY stock may face slower growth despite solid gaming and music performance...
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