Tag TSLA
The Nasdaq Composite is shaking off a weekend hangover. The tech-heavy index was up 0.7% after opening with a smaller gain. A wave of key earnings reports are due out in the weeks ahead, including Alphabet and Tesla on Wednesday...
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U.S. stocks are trading near record highs heading into the thick of the second-quarter earnings season, but with markets historically expensive and reliant on the performance of tech companies, some investors are starting to embrace a more cautious outlook. It hit its ninth record high of the year last week as investors continue to bet that solid corporate earnings, a resilient economy, and Federal Reserve rate cuts will offset the impact of President Donald Trump’s tariffs. Richard Saperstein, chief investment officer at Treasury Partners, a New York based investment group, thinks this outperformance is justified...
Continue ReadingXPEV surges 55% YTD and TSLA stumbles with falling deliveries and cooling demand. Where are you putting your money?...
Continue ReadingUBS stuck with its negative assessment on Tesla (TSLA, Financials) and kept its "Sell" rating and $215 price target ahead of the company's second-quarter earnings report on July 23. The company said that even while high deliveries and favorable currency movements should help Tesla in the short term, it is still "fundamentally overvalued."UBS predicts that earnings per share will be $0.43 and that car gross margins, not including regulatory credits, would be 14%, which is higher than the 13.5% Street estimate. Analysts, on the other hand, said that the company's earnings quality was at danger because of lower high-margin regulatory credits and more policy uncertainty.The report also brought up worries about CEO Elon Musk's focus, saying that he has been focusing on long-term projects like robotaxis and AI instead of Tesla's main business...
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US equity futures were higher pre-bell Monday as investors await quarterly earnings this week from t...
Continue ReadingHere's what investors are watching on Monday, July 21. The Trump administration signals that August 1 is a "hard deadline" for tariffs and that additional delays will not be provided. Tesla (TSLA) will kick off "Magnificent Seven" earnings when it reports results on Wednesday. President Trump denies reports that US Trade Secretary Scott Bessent convinced him not to fire Federal Reserve Chair Jerome Powell. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingThe New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins...
Continue ReadingThe richest man in the world feuding with the president could have economic ramifications. Two money experts talked about what that could mean for investors...
Continue ReadingCharles Schwab has expanded the list of securities available on its thinkorswim platform for overnight trading...
Continue ReadingTesla opens its first showroom in Mumbai...
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