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These Stocks Moved the Most Today: Tesla, XPeng, Coinbase, Macy’s, Amazon, Spirit Airlines, and More
Tesla shares edge up after closing higher for seven-straight sessions, and Chinese electric-vehicle makers decline after the EU imposes additional tariffs on EVs made in China...
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Shares of Tesla (TSLA) are trading higher in Friday's session, putting the company on track to extend its longest winning streak in over a year. This movement comes after Tesla's quarterly deliveries beat expectations earlier in the week. Jared Blikre and Josh Lipton break down the stock valuation and the larger state of the EV market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl...
Continue ReadingWhile enterprise software firms struggle to generate revenue from artificial intelligence, cloud computing leader Amazon.com is making bank on the trend...
Continue ReadingCompanies boasting strong cash-generating abilities can be great investments, as they have plenty of cash to fuel growth, pay out dividends, and easily wipe out debt...
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Sector Update: Tech Stocks Higher Late Afternoon...
Continue ReadingThere's no need to worry that your secret ChatGPT conversations were obtained in a recently reported breach of OpenAI's systems. The hack itself, while troubling, appears to have been superficial — but it's reminder that AI companies have in short order made themselves into one of the juiciest targets out there for hackers. The New York Times reported the hack in more detail after former OpenAI employee Leopold Aschenbrenner hinted at it recently in a podcast. He called it a "major security inci...
Continue ReadingSaks Fifth Avenue and Neiman Marcus plan to create a luxury department store empire. And Amazon wants to help...
Continue ReadingWe also chat with William Cohan from Puck about what's going on with Paramount Global...
Continue ReadingAmazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos is selling another portion of his stake in the company, which comes years after stepping down from the CEO role. What Happened: Bezos departed from Amazon’s c-suite in 2021, a role he held for the 27 years since the company was founded. The Amazon founder now serves as the e-commerce giant’s executive chair. He’s been selling a portion of his Amazon stake this year. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income commun...
Continue ReadingThe billionaire Meta and Tesla CEOs have escalated their feuding as of late...
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