Texas has the fastest growing economy in the U.S. with a 7.7% real GDP growth rate reported as of Q3 2023. Read more here...

The strong stock market faces rising risks. Tesla is soaring while Palantir and Meta lead new buys. President Biden's interview is a “must win."...

On today's edition of Market Domination Overtime, Jared Blikre and Josh Lipton break down the market close and key stories from the June jobs report to the state of the auto industry. Friday's session marked across-the-board gains for all three of the major US indexes (^DJI, ^IXIC, ^GSPC). Meanwhile, the S&P 500 and Nasdaq Composite set new record highs to close out July's first trading week. State Street Global Markets macro multi-asset strategist Cayla Seder breaks down the markets' movement as June's jobs report marked the latest sign of economic cooling. She explains, "We have this kind of moderation that's going on... but the actual level is still quite strong. And so I think what that means is as we're assessing this data, we have to put some of this moderation into context. And so, yes, you have a headline figure in the NFP [nonfarm payroll] print today that was still above pre-COVID norms. But then you do see some signs of weakness underneath." Automakers continue to report sales growth, prompting investors to question whether this trend can persist into the second half of 2024. Cox Automotive executive analyst and senior director of economic and industry insights Erin Keatin calls the auto industry's performance "pretty good" in 2024 despite economic uncertainty that pointed to a potential slowdown. Addressing the electric vehicle (EV) sector, she notes that "a lot of the decline" in the EV market "is coming out of the Tesla (TSLA) share," noting Tesla's former position as the sole competitor in the market. Looking ahead, Keating tells Yahoo Finance that 'the automotive market will have to balance itself out." This post was written by Melanie Riehl...

Markets may have been closed yesterday for the Fourth of July, but stocks (^DJI, ^IXIC, ^GSPC) are looking reinvigorated at the end of July's first trading week. Josh Lipton and Jared Blikre are here to guide investors through the final trading hour of July 5 in today's installment of Market Domination. The program welcomes on tastylive CEO Tom Sosnoff, who ponders whether the current meme stock trade can sustain itself or if it will fade back again like in 2021. Oppenheimer chief investment strategist John Stoltzfus discusses how the Federal Reserve may be interpreting June's jobs data in relation to economic fortitude and its monetary policy. Other top trending stocks include Boeing (BA), as reports indicate Justice Department officials could be prepping to charge the airline manufacturer with fraud; Big Lots (BIG) is closing more US store locations; and bitcoin (BTC-USD) takes a hit lower after defunct crypto exchange Mt. Gox begins repaying customers. This post was written by Luke Carberry Mogan...

Automakers continue to report sales growth, prompting investors to question whether this trend can persist into the second half of 2024. Cox Automotive executive analyst and senior director of economic and industry insights Erin Keating joins Market Domination Overtime to discuss her outlook on the auto industry. Keating calls the auto industry's performance "pretty good" in 2024 despite economic uncertainty that pointed to a potential slowdown. Addressing the electric vehicle (EV) sector, she notes that "a lot of the decline" in the EV market "is coming out of the Tesla (TSLA) share," noting Tesla's former position as the sole competitor in the market. With more automakers transitioning to EV production, Keating doesn't believe that "EV demand is completely falling off a cliff." Instead, she describes the market as "normalizing," reflecting a more competitive landscape. Looking ahead, Keating tells Yahoo Finance that 'the automotive market will have to balance itself out." She forecasts increased consolidation and collaboration among automakers as the industry adapts to evolving dynamics. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith...

Tesla shares jumped 27% this week on better-than-expected sales results, erasing this year’s losses and pushing the stock into positive territory for 2024. The electric-car maker delivered nearly 5% fewer vehicles in the second quarter, compared to the same period a year ago, its second consecutive period of lower sales. With this latest gain, the stock has notched its longest winning streak in more than a year, up 38% over the past eight trading days...

Coming into Friday trading, the electric vehicle makers shares have risen for seven consecutive days, gaining almost $64 a share, or 35%, over that span...