Stock futures traded flat Thursday as moves toward peace in the Middle East removed a key geopolitical worry for markets, and investors awaited the kickoff of earnings season with reports from PepsiCo and Delta Air Lines. Advanced Micro Devices rose 0.9% in premarket trading after the chip maker finished up 11% Wednesday at $235.56, a record high. Dell Technologies fell 0.6%...
Continue ReadingNext month, investors will vote on setting Tesla CEO Elon Musk on the path to becoming the world’s first trillionaire...
Continue Reading↘️ HSBC (UK:HSBA, HSBC): The Asia-focused lender offered to take Hong Kong’s Hang Seng Bank (HK:11) private in a $13.6 billion deal that offered shareholders a hefty premium. HSBC's stock dropped around 6% in London...
Continue ReadingThe latest investor updates on stocks that are trending on Thursday...
Continue ReadingPorsche on Thursday joined BMW and Mercedes-Benz in reporting weaker sales in China, where local competitors led by BYD Co. and Xiaomi Corp. are winning over buyers with competitively priced electric vehicles. BMW earlier this week cut its earnings outlook after demand in the world’s biggest auto market fell short of expectations. The China struggles add to US tariff costs and stagnant sales in Europe, squeezing Germany’s carmakers across their three core markets...
Continue ReadingMARANELLO, Italy (Reuters) -Ferrari has unveiled the technology which will power its hotly-anticipated first electric car, the Elettrica, as the 78-year-old luxury Italian sportscar maker looks to add battery power to its hybrid and petrol-engine models. In a closely-guarded event at its Maranello headquarters, a Ferrari-red cover was pulled back on a stage to reveal the Elettrica's production-ready chassis: a car base, with battery pack and electric motor, though with no wheels or outer shell. The completed car, which Ferrari is expected to present next year at a global premiere, will have a top speed of 310 kilometres per hour (193 miles) - slightly slower than most of its engined models and a range of at least 530 km...
Continue ReadingTesla recently reported third-quarter deliveries that came in well ahead of what Wall Street analysts expected...
Continue ReadingAmazon has over $93 billion in cash equivalents and has excellent opportunities to monetize AI across its platform. Learn why AMZN stock is a Buy...
Continue ReadingThe old rules no longer seem to apply, which creates unique challenges and opportunities for alert investors. Read more on the outlook here...
Continue ReadingTesla Inc. (NASDAQ:TSLA) is one of the companies that are pertinent to the discussion about The Future of Artificial Intelligence: 10 Predictions for 10 Industries. Earlier this year, Ronald Baron, the billionaire founder of Baron Capital, appeared on news platform CNBC and claimed that Tesla Inc. (NASDAQ:TSLA), an automotive and clean energy company, would reach […]...
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