Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 6.1% in the afternoon session after CEO Elon Musk and President Donald Trump appeared to de-escalate their recent tensions. The spat contributed to the double-digit decline in Tesla's stock price the previous day...
Continue ReadingWithin the S&P 500, 32 stocks now have market caps of at least $250 billion. Of those, four have traded at all-time highs today. Click to read...
Continue ReadingAs some of the dust clears after Thursday's public dustup between President Donald Trump and Elon Musk, Tesla isn't the only stock regaining ground...
Continue ReadingRivian's initial promise has faded amid ongoing losses, weak BEV demand, and significant capital burn. Click here to read an analysis of RIVN stock now...
Continue ReadingU.S. equities jumped at midday as the U.S. economy added more jobs in May than expected...
Continue ReadingShares of fashion brand Guess? (GES) get a lift Friday morning on its first quarter earnings and sales, while G-III Apparel Group (GIII) stock drops after missing forecast expectations. Space companies Rocket Lab (RKLB) and Virgin Galactic (SPCE) are gaining on SpaceX (SPAX.PVT) founder Elon Musk's very public fallout with President Trump. Catch ProcureAM Co-founder and CEO Andrew Chanin's comments on SpaceX's government contracts. To watch more expert insights and analysis on the latest market action, check out more Wealth here...
Continue ReadingThe feud between two of the world's most powerful men wiped $153 billion off the EV maker's value yesterday. Can it get worse?...
Continue ReadingSpaceX founder Elon Musk threatened to decommission its Dragon spacecraft amid his feud with President Trump; the billionaire has since walked back this threat. What could the Tesla (TSLA) CEO's very public fallout with the president mean for his other businesses, namely SpaceX? ProcureAM Co-founder and CEO Andrew Chanin — whose firm manages the Procure Space ETF (UFO) — comments on SpaceX's current government contracts and NASA's reliance on the space developer's resources and rocket launches. To watch more expert insights and analysis on the latest market action, check out more Catalysts here...
Continue ReadingThe chief investment officer of Catalyst Funds is on the hunt for companies that offer what people need, not just want...
Continue ReadingTesla (TSLA) is facing a challenging period, with investors expected to be "less forgiving" of produ...
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