Earnings preview of key companies reporting next week and what to look out for...
Continue ReadingThe proposed repeal is under discussion by a transition team led by oil magnate Harold Hamm and North Dakota Governor Doug Burgum...
Continue ReadingMcGarvey's Timely Tesla Bet: Congressman Buys Before Stock Surge...
Continue ReadingElectric vehicle stocks Tesla (TSLA) and Rivian (RIVN) are in focus amid reports that President-elect Donald Trump plans to end the federal tax credit for electric vehicle purchases. The $7500 subsidy has been a key incentive driving consumer adoption of EVs in the US, and its removal could make these vehicles less affordable. Additionally, vaccine maker stocks like Moderna (MRNA) and Pfizer (PFE) are falling after Trump named Robert F. Kennedy Jr. as Secretary of Health and Human Services. Kennedy Jr. has been openly skeptical of vaccines. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...
Continue ReadingThe electric-vehicle purchase tax credit makes buying Teslas and other electric vehicles more affordable for most car buyers...
Continue ReadingA lawsuit accusing Elon Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said the world's richest person and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case. They are also withdrawing a bid to sanction Musk's lawyers for allegedly interfering with the appeal, including by demanding payment of their hefty legal fees...
Continue ReadingThe $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers...
Continue ReadingUS stock futures are down as traders adjust rate cut expectations following Fed Chair Jerome Powell's recent comments and stronger-than-expected retail sales data.Hedge funds are pulling back their positions in Big Tech, with Amazon (AMZN) and Apple (APPL) seeing stake cuts in the third quarter.Tesla (TSLA) and Rivian (RIVN) are in focus following reports that President-elect Trump plans to eliminate the electric vehicle tax credit.Morning Brief Anchors Seana Smith and Brad Smith break down three of the top stories investors should be watching this morning.To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.This post was written by Cindy Mizaku...
Continue ReadingShopify and AbbVie among the main stocks moving on catalysts this past week. Tesla, crypto and the Trump trade...
Continue ReadingOnly the smartest Americans most ideologically dedicated to the cause of shrinking government should consider polishing up their resumés, DOGE says...
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