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Continue ReadingThe major indexes sold off hard on Wednesday fueled by sharp drops in Tesla and Google stocks. A potato stock fell more than 25%...
Continue ReadingU.S. equities sank at midday Wednesday as tech stocks tumbled in the wake of disappointing earnings reports...
Continue ReadingThe CEO asked his followers on X whether the electric vehicle maker should invest $5 billion in xAI...
Continue ReadingHere's why the second quarter could be better than it appears, and why 2025 can't come soon enough...
Continue ReadingTesla (TSLA) reported second-quarter results after Tuesday's market close, posting revenue that beat expectations while profits fell short. This mixed performance has led to a decline in the company's stock price. Laffer Tengler Investments CEO and CIO Nancy Tengler joins Catalysts to discuss why this dip presents a buying opportunity for investors. Tengler advises investors to purchase Tesla shares during "periods of chaos." She argues that Tesla investors are not solely focused on EV growth, but rather on "the other elements of the business." Tengler highlights segments such as utility-grade batteries, robotaxi technology, and full self-driving capabilities, stating: "I think you're buying a company that's an AI company and less so a car company." Addressing Elon Musk's support for Trump in the upcoming election, Tengler says, "Elon is one CEO you don't want to underestimate." She notes that Musk often makes "provocative" statements that generate headlines, creating a cycle of media attention. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith...
Continue ReadingTop Midday Stories: Alphabet Posts Higher Results; Tesla Non-GAAP Earnings Fall; Visa's Higher Results; Thermo Fisher Scientific Adjusted Earnings Rise, Revenue Drops; T-Mobile US, KKR Forming Joint Venture to Acquire Metronet...
Continue ReadingAmphenol's (APH) Q2 results benefit from higher revenues across the IT datacom, defense, commercial air, mobile devices, mobile networks and automotive end markets...
Continue ReadingMicrosoft (MSFT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report...
Continue ReadingAmazon (AMZN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report...
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