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Stocks rip higher off shifting tech sentiments after selloff

Wall Street traders are all in agreement that the stock market indices (^DJI, ^IXIC, ^GSPC) are ripping higher Thursday morning. Yahoo Finance's Madison Mills is joined by Freedom Capital Markets Chief Global Strategist Jay Woods on the floor of the New York Stock Exchange to comment on the upside reeling from tech sell-offs. Healthcare, industrials, materials, those are doing well, despite some of the Mag 7 — three in particular, Tesla (TSLA), Apple (AAPL), and Google (GOOG, GOOGL) — down for the year," Woods states. That usually scares this market, it's not. So something's changed and it's a good narrative." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...

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TSLA

Tesla rival Rivian needs a home run when it unveils the new R2 crossover. Its future may depend on it

R2 will either catapult Rivian into the big leagues—or potentially doom it...

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TSLA

Why Tesla and Consumer Habits Are Squeezing Out EV Charging Stocks

Changes in how consumers charge EVs and Tesla's charging infrastructure dominance are set to leave EV charging stocks out in the cold...

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TSLA

Tesla Stock Falls Again Amid Growth Fears. EV Rival Rivian Rises After Upgrade.

Tesla stock was falling in early trading Thursday after more analysts expressed concern about growth. Citi analyst Itay Michaeli, in a Thursday report, wrote the first-quarter setup for Tesla stock “looks tough” with delivery estimates still too high. Sliding estimates have helped send Tesla stock down 13% over the past three days coming into Thursday trading...

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TSLA

Things Just Went From Bad to Worse for General Motors and Self-Driving Start-Up Cruise. Here’s Why I Think Tesla Is the Big Winner

General Motors' subsidiary Cruise just hit another roadblock...

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TSLA

These Stocks Are Moving the Most Today: NYCB, Tesla, Victoria’s Secret, Rush Street Interactive, Kroger, Broadcom, and More

New York Community Bancorp receives more than $1 billion from a group of investors that includes a firm run by former Treasury Secretary Steven Mnuchin, while Tesla’s recent stock decline has pushed it out of the top 10 most valuable companies...

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A drop in deliveries triggers another round of price wars in the Chinese EV market—and that’s bad news for Tesla

"China EV market is over-supplied," warned Morgan Stanley, as more companies turn to price wars to boost sales...

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Wall Street Breakfast Podcast: NYCB Gets $1B Investment Boost

New York Community Bancorp gets $1B investment. Tesla may lose more production out of Germany than anticipated. Fortnite maker Epic Games says Apple has banned its developer account...

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TSLA

ChargePoint: It’s Only Getting Worse

ChargePoint's shares have plummeted over 80%, missing revenue expectations. Revenue guidance for the current quarter was below expectations. Read more here...

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TSLA

Elon Musk Shows Hand Of Good Faith To EV Competitor Ford But This Surprise EV Maker Saw A 38% Stock Price Decline Because Of Growing Concerns

Tesla Inc. (NASDAQ:TSLA) is collaborating with Ford Motor Co. (NYSE:F), granting the Detroit electric vehicle (EV) automaker access to its extensive supercharger network. While this partnership signifies a step toward cooperation in the competitive EV market, Fisker Inc. (NYSE:FSR) faced a significant downturn in 2023. Fisker’s financial report for the fourth quarter of 2023 shows a came out with a quarterly loss of $0.39 per share and revenue falling substantially short of projections. The disc...

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