The S&P 500 gained 0.8% on Wednesday, Dec. 11, 2024, as data showed inflation remaining sticky but matching forecasts, bolstering rate-cut expectations...
Continue Reading(Bloomberg) -- Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationCity Hall Is HiringThe...
Continue ReadingRoundhill Investments CEO David Mazza joins Market Domination Overtime to discuss why the Magnificent Seven stocks — Meta Platforms (META), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) — are positioned to outperform in markets in 2025. "People don't want to be on the wrong side of what has been, for two years, an incredibly impressive trade," he tells Yahoo Finance. Investors are returning to the Magnificent 7 names because these stocks provide both offensive and defensive strategies in the current market landscape. "These companies as a whole... really have impressive operating leverage," Mazza notes. With uncertainty surrounding potential tariffs and inflation in the upcoming year, investors are seeking companies that can "power through" economic challenges, which increasingly points them toward the Magnificent Seven. Despite this focus, Mazza adds: "I think there is a general sentiment that the economy is okay, and we have so much positive investor sentiment right now, and that to me is what's really pushing the market higher." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith...
Continue ReadingElon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first to ever reach that level of wealth...
Continue ReadingTesla stock closed at a new all-time high—adjusted for any stock splits—on Wednesday as it rose for a sixth-consecutive session. Inflation data for November helped the market—and Tesla Consumer prices increased at 2.7% from a year ago—in line with economists’ expectations and likely keeping the Federal Reserve on track to cut benchmark interest rates next week. Expectations that CEO Elon Musk’s relationship with President-elect Donald Trump will benefit Tesla helped push shares higher, which in turn led analysts to raise their price targets, helping fuel additional stock gains in what’s become a virtuous cycle...
Continue ReadingTesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s cuts its outlook...
Continue ReadingTesla shares hit a new all-time high on Wednesday as the EV maker continues its relentless run higher since President-elect Donald Trump’s election win...
Continue ReadingTesla shares surged nearly 6% Wednesday to notch their first record close in three years...
Continue Reading(Bloomberg) -- Tesla Inc. shares climbed to new all-time high for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under President-elect Donald Trump’s next administration. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationCity Hall Is HiringTh...
Continue ReadingElon Musk has become the first person in history worth $400bn (£314bn) after a surge in his wealth since Donald Trump’s US election victory...
Continue Reading© 2026 Market News — All rights reserved