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The S&P 500 rebounded Monday, led by Ford, United Airlines and megacap AI stock Nvidia. Verizon and Tesla were notable losers...
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Republican presidential candidate Donald Trump said on Monday that President Joe Biden was "pushing" for a ban on TikTok and would be the one responsible if a ban were imposed, urging voters to take notice. The U.S. House of Representatives passed bipartisan legislation on a 360-58 vote on Saturday that would give TikTok's Chinese owner ByteDance about nine months to divest its U.S. operations or face a ban. If it passes there, Biden has said he would sign it into law...
Continue ReadingDow Jones leader American Express and Google stock are in buy areas Monday, despite a weak stock market environment...
Continue ReadingTesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included major layoffs, vehicle price cuts and urgent calls by investors for clarity on product strategy. Tesla's chief, Elon Musk, likely will face pointed questions from investors on the post-results conference call about the fate of the so-called Model 2, a low-cost vehicle he had promised in January would be available in 2025. Reuters exclusively reported on April 5 that Tesla had scrapped plans for the model and shifted focus to building a self-driving robotaxi on the same small-car platform...
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Given the robust performance over the last year overall, post-earnings weakness could be prevalent, though both of these companies' fundamentals continue to make them an attractive long-term play...
Continue ReadingSlowing growth in demand for electric vehicles means lower prices for EVs and the stocks of companies that make them. Tesla highlights the issue. On Saturday, it lowered prices for its cars in the U.S. It did the same in China on Sunday...
Continue ReadingApple Poised for Fiscal Second-Quarter Beat on Stable Product Demand, Morgan Stanley Says...
Continue ReadingGoldman Sachs is exiting the robo-advisory business as it tries to scale back its ambitions and re-focus on core strengths...
Continue ReadingSo far, as of April 19, â24, the typical earnings pattern(s), looked for each quarter as the big guns prepare to report, are showing no signs of anything amiss...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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