‘Magnificent Seven’ tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill...
Continue ReadingThe S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.89%. September E-mini S&P futures (ESU25 ) are down -0.12%, and September E-mini Nasdaq futures.....
Continue ReadingPrairie Operating Co. executive vice president of market strategy Lou Basenese joins Market Domination to share his top stock pick: Symbotic (SYM), due to the company's blue-chip adoption, $22 billion backlog, and scaling with robots. Conversely, Basenese explains why he's avoiding Tesla (TSLA): political headline risk, unclear growth trajectory, and fading electric vehicle (EV) demand. To watch more expert insights and analysis on the latest market action, check out more Market Domination here...
Continue ReadingWall Street is watching for progress on trade talks and on President Trump's massive budget bill in the Senate...
Continue ReadingConsumer stocks advanced late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (...
Continue ReadingTesla (TSLA) stock slides as CEO Elon Musk and President Trump are yet again arguing over social media. Musk criticized Trump's big, beautiful bill, which moves to the House after narrowly passing through the Senate, saying the mega bill, which is expected to add trillions to the national debt, is "insane." The president responded by threatening to cut US government subsidies to Musk's businesses, including Tesla and SpaceX (SPAX.PVT). Trump added that the richest man in the world would then have to "close up shop and head back home to South Africa." Yahoo Finance's Head of News, Myles Udland, and Prairie Operating Co. executive vice president of market strategy and TheBigSkinny.com founder, Lou Basenese, sit down with Josh Lipton on Market Domination to discuss the latest. To watch more expert insights and analysis on the latest market action, check out more Market Domination here...
Continue ReadingElon Musk has reportedly decided to personally oversee European sales amidst continued regional weakness. JPM warns Tesla stock could crash to $115...
Continue ReadingMorgan Stanley says debt and equity rounds slash cost of capital...
Continue ReadingElon Musk's fight with President Donald Trump is hurting shareholders of Tesla, according to Gerber Kawasaki CEO and President, Ross Gerber. Gerber, a Tesla shareholder, speaks with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."...
Continue ReadingThe Dow Jones climbed more than 430 points. The Senate passed President Donald Trump's amended megabill on Tuesday...
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