↗️ Cheniere Energy (LNG): The European Union agreed to buy $750 billion of U.S. energy products, including liquefied natural gas, under the new trade deal. Shares of LNG provider Cheniere were up moderately Monday afternoon...
Continue ReadingTesla stock advanced higher during Monday's stock market after CEO Elon Musk confirmed late Sunday that the EV giant has signed a $16.5 billion, multiyear, deal with Samsung for AI chips. Musk claimed that the initial price tag on the deal is just the beginning. The Tesla head said on X that Samsung's new Texas fab facility will be "dedicated to making Tesla's next-generation AI6 chip" with the aim of using the new memory chips for Tesla's humanoid robot Optimus, fully autonomous self-driving vehicles and AI data centers...
Continue ReadingConsumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP)...
Continue ReadingTesla is the first big customer to publicly announce using Samsung Electronics’ new Texas chipmaking factory, and it is an important vote of confidence for the troubled manufacturer. Tesla CEO Elon Musk took to his X platform late Sunday evening to announce two new generations of advanced chips. The EV maker intends to use Samsung’s coming Taylor, Texas factory, under construction until late 2026, to manufacture the second of the two...
Continue ReadingYahoo Finance's John Hyland outlines some of the top stories on Wall Street as part of Yahoo Finance's Market Minute. Energy stocks, like Cheniere Energy (LNG) and Venture Global (VG), are moving higher on the back of the US–EU trade deal. Tesla (TSLA) stock is climbing after CEO Elon Musk announced that the company signed a $16.5 billion chip deal with Samsung (005930.KS). European semiconductor companies, like ASML Holding (ASML) and STMicroelectronics (STM), are moving to the upside from both the US–EU trade deal and the Tesla–Samsung chip deal. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...
Continue ReadingMoves following corporate earnings, which often clarify the technical picture for a stock, are pointing to gains for some well-known names. The charts for Tesla Alphabet Chipotle Mexican Grill and Las Vegas Sands stand out among those for more than 100 companies, reviewed by Barron’s, that reported their earnings last week. Shares of Tesla, which is being thought of less as an electric-vehicle play, and more of a bet on artificial intelligence, robotics and energy storage, dropped 8.1% Thursday in the stock’s first negative reaction to earnings in four quarters...
Continue ReadingThe chips will be designed for AI data centers, autonomous driving and robots. Shares in the South Korean tech giant surged...
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Continue ReadingPeak earnings season for Q2 2025 begins this week. So far 34% of companies from the S&P 500 index have reported, and the early results bode well for the rest of the season. Read more here.....
Continue ReadingTesla rises after President Donald Trump says he struck a deal to set 15% tariffs on goods from the European Union, including automobiles...
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