Tesla stock is suffering one indignity after another. And now Toyota Motor is close to serving up another: Stripping Tesla of the title of the most valuable automaker...
Continue ReadingGlobal shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials. Adding to the optimism was a series of surveys of business activity that showed Germany returned to growth in early April after months of contraction, while activity in the broader euro zone expanded at its fastest clip in nearly a year. Investors are less concerned right now about the threat of a major re-escalation of tension in the Middle East and more focused on earnings...
Continue ReadingTesla investors have spent the last few months wondering if the car maker’s chief executive has his eye on the ball...
Continue ReadingA busy day for Wall Street kicked off with earnings from big names, including General Motors (GM), PepsiCo (PEP), UPS (UPS), and Spotify (SPOT). General Motors topped estimates while also raising its full-year guidance. The automaker credited truck sales in North America for much of its strong quarter. PepsiCo also topped expectations, which was helped by strong sales in its international division. After the bell today, investors are gearing up for Tesla (TSLA) earnings. The electric carmaker has been under immense pressure lately, with shares down over 40% year-to-date. Yahoo Finance trending tickers include Marvell Technology (MRVL), Ford (F), and Riot Platforms (RIOT). Key guests include:9:30 a.m. ET - Veronica Willis, Wells Fargo Investment Institute Global Investment Strategist9:45 a.m. ET - Paul Jacobson, General Motors CFO10 a.m. ET - Peter Oppenheimer, Goldman Sachs Global Chief equity strategist11:30 a.m. ET - Orphe Divounguy, Zillow Senior Economist...
Continue ReadingMarkets have had a rough go of things this month, but don’t count them out just yet. Monday’s bounceback, buoyed by a strong start to earnings season, could mark a sea change for investors...
Continue ReadingStocks are looking at their first back-to-back gains for the month Tuesday with a host of blue-chip earnings reporting first-quarter earnings...
Continue ReadingTesla has closed lower for seven straight sessions but the stock rises ahead of its first-quarter earnings report scheduled for after markets close Tuesday. Meanwhile, General Motors raises full-year guidance, UPS tops earnings estimates, and GE Aerospace posts better-than-expected profit...
Continue ReadingTesla has closed lower for seven straight sessions but the stock rises ahead of its first-quarter earnings report scheduled for after markets close Tuesday. Meanwhile, General Motors raises full-year guidance, UPS tops earnings estimates, and GE Aerospace posts better-than-expected profit...
Continue Reading(Bloomberg) -- Elon Musk is known to challenge the status quo — and that’s exactly what Tesla Inc.’s investors are worried about right now. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayZimbabwe’s ZiG Wipes Out 330% Stocks RallyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020The company’s shares are weathering the longest ro...
Continue ReadingDETROIT (Reuters) -General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 4.9% in pre-market trading. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM Chief Financial Officer Paul Jacobson said. Despite the company's struggles in China and with electric vehicles, strong vehicle pricing with gasoline-powered trucks pleased investors...
Continue Reading© 2026 Market News — All rights reserved