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Wall Street's main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced, while investors exercised caution ahead of the Federal Reserve's interest rate decision later in the week. Tesla shares shot up nearly 14.5%, driving a 1.6% rise in the consumer discretionary sector, after the electric vehicle maker cleared some key regulatory hurdles that had long hindered the roll-out of its self-driving software in China, its second-largest market...
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In this piece, we will take a look at the 13 most popular retail investor stocks in 2024. If you want to skip our introduction to how retail trading has changed over these past couple of years and some recent trends, then you can check out 5 Most Popular Retail Investor Stocks in 2024. The […]...
Continue ReadingMarkets finally turned positive late last week due to better-than-expected results from big tech...
Continue ReadingBYD earnings rose 11%, but missed views. Yet gross margins hit a record high even as the China EV giant slashed prices to buoy sales...
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Tesla's chief financial officer focused on the financial performance of the key business segments...
Continue ReadingMusk has been making promises about its FSD software for years, but this weekend could finally be a watershed moment...
Continue ReadingMultiple tech giants, including Alphabet (GOOG,GOOGL), Meta (META), and Microsoft (MSFT), reported their first quarter earnings last week. The results revealed a sizable push for future investments in AI projects, with hefty price tags proposed by each company. Yahoo Finance Reporter Seana Smith breaks down the spending for these companies and what the AI projects could look like moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
Continue ReadingApple’s largest business is struggling, while the company is also losing ground in China and seems to have completely missed Big Tech’s AI party. Apple’s share price jumped more than 3% Monday morning after Bernstein analyst Toni Sacconaghi upgraded the stock to a buy rating. Worries about the latest iPhone cycle, China, regulatory pressure in the U.S. and Europe and the company’s unclear plans for its own AI play have all combined to push Apple’s multiple to around 25 times forward earnings—in line with its five-year average, according to FactSet data...
Continue ReadingAlphabet, Tesla, and Wingstop came through with double-digit percentage gains last week for entirely different reasons...
Continue ReadingTesla's Full Self-Driving system has received approval for rollout in China, a major market for the electric carmaker...
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