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Continue ReadingCrypto bulls hope Bitcoin’s ‘halving’ will push prices higher, the Senate prepares to consider Ukraine and Israel aid packages, and other news to start your day...
Continue ReadingU.S. stock index futures gained on Monday after slumping in the previous session as easing Middle East tensions buoyed risk sentiment, while investors looked ahead for an action-packed week with major tech earnings and a key inflation print. The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed after a dour quarterly earnings report, with both the indexes suffering six straight sessions of declines last week, their longest losing streak since October 2022. Nvidia led gains across megacap growth stocks with a 2.4% rise in premarket trading, rebounding from a 10% drop in the last session...
Continue ReadingNvidia is rising after shares of the artificial-intelligence chip maker tumbled 10% on Friday, while Tesla extends losses after cutting prices in the U.S., China, and Europe...
Continue ReadingThe so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings updates kick off this week, with AI-chip star Nvidia swooning 10% on Friday after a nervy week for the sector. But with four of the Magnificent 7 due to report corporate updates this week - Tesla, Meta, Microsoft and Alphabet - the alarming recoil in tech behemoths is now top of mind. The 10% drop of artificial intelligence bellwether Nvidia on Friday is perhaps the most eye-catching move of a pretty dour week for sector...
Continue ReadingThe so-called 'Magnificent 7' of U.S. megacap tech stocks has retreated sharply as first-quarter earnings updates kick off this week, with AI-chip star Nvidia swooning 10% on Friday after a nervy week for the sector. But with four of the Magnificent 7 due to report corporate updates this week - Tesla, Meta, Microsoft and Alphabet - the alarming recoil in tech behemoths is now top of mind. The 10% drop of artificial intelligence bellwether Nvidia on Friday is perhaps the most eye-catching move of a pretty dour week for sector...
Continue ReadingGoogle's dominant position in search and advertising contributes to its impressive revenue growth. Click here to read why GOOG stock is a Buy...
Continue ReadingThis article examines the recent downturn of big tech stocks ahead of Q1 earnings, attributing it to rising treasury yields and liquidity concerns. The technical setup looks bearish...
Continue ReadingTesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets...
Continue ReadingGabriel Bartash picked up extra shifts for seven months to make his first investment in Tesla in 2016. “In the long term, I trust Elon Musk, ” Bartash said. Scores of individual investors have piled into Tesla shares in recent years, lured by the company’s technology, visionary chief executive and mammoth stock market gains...
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