Tag TSLA

On Monday, Cathie Wood-led Ark Invest made significant trades involving CrowdStrike Holdings Inc (NASDAQ:CRWD) and Tesla Inc (NASDAQ:TSLA), despite the turbulent market conditions surrounding these companies. The CrowdStrike Trade The Ark Fintech Innovation ETF (NYSE:ARKF) and ARK Next Generation Internet ETF (NYSE:ARKW) funds bought a total of 20,219 shares of CrowdStrike, valued at approximately $5.34 million based on the closing price of $263.91 on the same day. This move comes despite CrowdS...

Read here for an analysis of Tesla (TSLA) stock rally, Q2 performance, and long-term risk/reward as they report Q2 2024 earnings in after-hours session...

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US stocks (^DJI, ^IXIC, ^GSPC) remain in positive territory in the wake of President Biden's decision to step out of the 2024 presidential race. Julie Hyman and Josh Lipton bring you the latest market news accompanied by expert analysis on today's episode of Market Domination. Evercore Chairman Emeritus Ralph Schlosstein provides an in-depth look into Vice President Kamala Harris's qualifications for the presidency after Biden endorsed her as the party nominee and what the newly-founded Harris campaign must address about the US economy to gain voters' trust. Jefferies global head of sustainability and transition strategy Aniket Shah also joins the program to discuss former President Trump's potential EV policies should he win reelection, noting Tesla (TSLA) CEO Elon Musk's support of the Republican Party candidate. Other top trending tickers on the Yahoo Finance platform include Nvidia (NVDA), Mattel (MAT), and CrowdStrike (CRWD). This post was written by Luke Carberry Mogan...

The S&P 500 gained almost 1.1% on Monday, July 22, as tech firms bounced back from last week’s losses and investors digested political developments and corporate earnings...

Former President Donald Trump has recently secured an endorsement from Tesla (TSLA) CEO Elon Musk. Jefferies global head of sustainability and transition strategy Aniket Shah joins Market Domination to discuss the move and whether a Trump presidency would actually benefit the EV maker. At a recent rally, Trump talked about getting rid of EV mandates, which Shah says would be "quite bullish for the EV market." He believes that EVs have been "caught up in the culture wars of this country," and that Elon Musk's endorsement sends a message: "Elon Musk saying that, you know what? We actually don't need these tax credits anymore from the US government and President Trump saying that if people want to buy them, they should buy them. And that's that. I actually don't think that's a bad outcome for the decarbonization of the transportation industry." He notes that if Trump takes the White House, "there will be headline risk, but the reality is, is that there's a technological revolution that is happening right now in the transportation industry." He argues that Tesla kicked off the revolution, and now that there are more companies introducing more EVs to the market, "it's very clear what direction this is all going into." He adds that the advancements in electric vehicles, in solar, wind, and batteries shows that "technology trumps politics any day of the week." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl...

Second quarter results from the major automakers will be a highlight of this week's earnings lineup but is it time to buy stock in these auto giants as earnings approach?...