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Business, Stocks

“Tesla, world’s most valuable auto maker, is now worth more than Walmart”

“Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months. The stock, which touched a low of about $350 in March, has almost quintupled since… Continue Reading…

Stocks

“Tesla shares slide 9% as traders take profits from 2020′s high-flying stocks”

“…The stock dropped 9%, building on a 5% decline from the previous session. Friday’s losses put Tesla on track for its first back-to-back weekly decline since early May; the stock was also headed for its worst day since May 1.… Continue Reading…

Stocks

“Tesla stock is now pricier than shares of Google’s Alphabet”

“Tesla Inc. TSLA, 0.68% shares on Monday rose more than 14%, headed for a record high and trading above shares of Google’s parent Alphabet Inc. GOOG, -1.42% GOOGL, -1.45% and Priceline.com’s Booking Holdings Inc. BKNG, -1.49%. The stock’s one-day gain is its best since a 16% jump in March. The rally… Continue Reading…

Business

“Elon Musk is now worth more than Warren Buffett as Tesla stock continues to break records”

“Tesla CEO Elon Musk is now the seventh-richest person in the world, surpassing legendary investor Warren Buffett, as Tesla’s stock continues to skyrocket.  Musk surpassed Buffett on Friday after Tesla shares hit an all-time high, giving Musk a net worth of… Continue Reading…

Stocks

“Dow Jones Futures Jump On Memorial Day…”

“Dow Jones futures rose solidly Monday morning, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day. The coronavirus stock market rally powered ahead last week, with the Nasdaq composite nearing all-time highs. Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Tesla (TSLA)… Continue Reading…

Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

Business, Stocks

“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”

“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…

Stocks

“Dow Jones Today, Futures Inch Up As Micron, Cisco, Tesla Lift; Nike Rises Ahead Of Earnings”

“…Chip stocks seized some early initiative as Micron Technology (MU) and Western Digital (WDC) raced to the top of the Nasdaq 100 and S&P 500. Cisco Systems (CSCO) climbed atop the Dow Jones today, while Netflix (NFLX) aimed to extend its four-day rally. 01:0801:08 Dow Jones futures edged up… Continue Reading…

Stocks

“Tesla’s stock is surging but some analysts found real problems with its earnings report”

“Tesla shares surged as much as 18% on Thursday after the company posted a surprise profit for the third quarter. While many on the Street said it was a solid report, some are calling for caution based on growth concerns and falling… Continue Reading…

Banking, Economy, Stocks

“Stocks making the biggest moves premarket: Viacom, Facebook, Caesars, Tesla, GM, Fitbit & more”

“Viacom – Viacom bought the exclusive cable TV rights to the hit sitcom “Seinfeld” from Sony Pictures Entertainment, beginning in October 2021. Netflix had recently acquired the global streaming rights to “Seinfeld.”… Caesars Entertainment – Caesars announced the sale of its Rio hotel and casino in Las Vegas… Continue Reading…