Tag TSLA

(Bloomberg) -- Japan’s carmakers are staging their first motor show in four years to make the case they’ll remain major global forces to be reckoned with in the electric-vehicle age.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapChina Ousts Defense Minister, Ending Mystery Over His StatusTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeThe rebadged Japan...

TOKYO (AP) — “We love battery EVs.” Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasize what he considers the message at this year’s Tokyo auto show. It’s a message ringing clear at the Tokyo Mobility Show, which will run through Nov. 5 at Tokyo Big Sight hall and where battery-powered electric vehicles are the star at practically every booth...

Earnings season is well underway and big tech is in the spotlight. Microsoft (MSFT) and Google (GOOG,GOOGL) are set to report on Tuesday. Meta (META) is scheduled to report on Wednesday. Amazon (AMZN) is expected to report on Thursday. Yahoo Finance spoke to experts, reporters, and analysts across the industry to break down the biggest themes and what to watch from earnings this week. Yahoo Finance Markets Reporter Jared Blikre broke down the Magnificent Seven - Amazon (AMZN), Apple (APPL), Microsoft (MSFT), Meta (META), Alphabet (GOOG,GOOGL) Tesla (TSLA), and Nvidia (NVDA) - and their dominance of the S&P market cap. Blikre said, "30 percent right now. That is the same amount that it was when the market peaked at the beginning of 2022." FS Investments Chief Market Strategist Troy Gayeski discussed the valuations of big tech stocks and what he is keeping an eye on this earnings season. Gayeski explained, "AI is obviously going to be a key driver of revenue growth and profit growth ... (Our question is) whether the multiple that people are paying is justified." Yahoo Finance Tech Editor Dan Howley is watching the cloud and how AI fits into the plans of the major tech companies. Howley said, "How are these big investments that these companies are discussing fitting into their overall revenue when it comes to their cloud performance."...

Fueled by a number of surprisingly strong earnings reports, the Dow Jones Industrial Average got off on the right foot in morning trades Tuesday...

Q3 results gave investors few reasons to cheer. However, casting doubt on Elon Musk has seldom been a good strategy...

Third-quarter earnings at General Motors beat Wall Street expectations. Wall Street was looking for an operating profit of $3.3 billion and earnings per share of $1.87 from sales of $42.5 billion. In the third quarter of 2022, GM reported an operating profit of $4.3 billion and earnings per share of $2.25 from sales of $41.9 billion...

Wall Street delivered lackluster performances last week, mainly due to rising rate worries...

According to Bloomberg's New Energy Finance division, demand for electric vehicles (EVs) will explode in the coming years. Tesla stock sank 15% last week after reporting results for the third quarter (ended Sept. 30). Investors are concerned about growing competition from both start-ups and legacy automakers entering the EV space, combined with a sluggish economy that has put the brakes on consumer demand...

We are upgrading Tesla, Inc. stock to a buy due to improved financial performance, delivery growth prospects, and a stronger market position. Click here to read...