Elon Musk has his work cut out for him as DOGE kicks into gear. Many shareholders aren't worried about him losing focus on Tesla.
Tesla shares surged Wednesday after spending several weeks in the slow lane following a huge post-election rally. Monitor these key chart levels.
There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important inflation report. Inflation is a critical factor in demand for autos, as a car is a large-ticket item that is often financed by customers.
Easing inflation boosts US stock markets. Tesla jumps 5%, Goldman Sachs rises 4.9%. S&P 500 hits one-week high as Fed rate cut speculation grows.
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Tesla shares have been between $373 and $489 in the past 25 days. Tesla is at $394 per share. In October, Brian predicted that Tesla will reach $1000 by the end of 2025 and would reach $2500 by the end of 2027. In November, Brian predicted that Tesla will reach $450 by Feb 8, 2025. This is not and was not financial advice.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
Producer price data signals softer inflation, lifting Dow. Nasdaq, S&P 500 under pressure as Nvidia and Meta fall. CPI report looms for further insights.
Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia gain on dovish Fed hopes.
Wondering what caused Tesla and these other EV shares to pop? The post Why electric vehicle stocks like Tesla just rallied appeared first on The Motley Fool Australia.
The S&P 500 was 0.9% higher in early trading and on track for its first winning week in the last three. The Dow Jones Industrial Average was up 308 points, or 0.7%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.5% higher.
Nevertheless, growth stocks outperformed value stocks in 2024, and investors anticipate that trend will continue as the Federal Reserve cuts interest rates. Here are 10 of CFRA analysts' top growth stocks that have reported at least 15% annual revenue growth in the past three years: