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Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025

Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]

Stock market ‘correction’ isn’t over yet, JPMorgan warns

Former Gartman Letter editor Dennis Gartman and Rebecca Walser, president of Walther Wealth Management, assess the impact of the Israeli war on the U.S. market and discuss earnings and products in “Morning with Mary” . The recent economic downturn is us stock market JPMorgan strategists say this is likely the beginning of another decline. Marko […]

Tesla stock down 5% as Elon Musk’s EV maker to announce earnings

Tesla’s tumultuous year, plagued by price cuts, recalls and layoffs, continued on Monday, with shares of Elon Musk’s electric car company falling more than 4% ahead of Tuesday’s highly anticipated quarterly results. Tesla stock traded at around $142, near its lowest price since January 6, 2023, when it closed at $113.06. Since the beginning of […]

SEC illegally tracking Americans who invest in the stock market, lawsuit claims

The Securities and Exchange Commission (SEC) is illegally collecting data on every citizen who invests in the stock market, according to a new lawsuit. The New Civil Liberties Union (NCLA) on Tuesday said the SEC is forcing brokers, exchanges, and clearinghouses to collect large amounts of personally identifiable data through its “Consolidated Audit Trail” (“CAT”) […]

SEC hit with new lawsuit alleging ‘mass surveillance’ of Americans through stock market data

The Securities and Exchange Commission (SEC) illegally collects data on all citizens. invest in the stock marketaccording to a new lawsuit. The New Civil Liberties Union (NCLA) on Tuesday said the SEC is forcing brokers, exchanges, and clearinghouses to collect large amounts of personally identifiable data through its “Consolidated Audit Trail” (“CAT”) program. filed a […]

Stock futures are flat as S&P 500 heads for worst week since October: Live updates – CNBC

59 minutes ago After-hours moving company Check out the companies making headlines after the bell: Intuitive Surgical — Shares of the company, which provides robotic-assisted surgical solutions, rose 1% after the company reported better-than-expected financial results. KB Home – This home builder has since gained nearly 2%. announcement The company announced that its board of […]

Why Arm Holdings Stock Took a Dive Today – The Motley Fool

ASML’s lackluster coverage has pushed down other AI stocks. shares of arm holdings (arm -11.99%) Today I received ~’s disappointing financial report and took it in stride. ASML Holdings (ASML -7.09%) This led to a widespread decline in artificial intelligence (AI) stocks. Arm was the worst performer in the group, ending the day with its […]