Tag Archives: Tesla

US equity markets continued to sell off on Friday, as downbeat earnings from tech giant Netflix weighed on sentiment and its competitors. NFLX shares dropped over 20% on Friday after the company on Thursday issued significantly worse than expected guidance for subscriber growth in Q1 2022. That weighed on other …

On Wednesday, 26 January, Tesla (NASDAQ:TSLA) will report its Q4 earnings for fiscal year 2021, so the fact that Tesla stock is falling today does not foreshadow particularly well. Tesla stock is trading down 2.5%, about five times worse than the decline on the broader Nasdaq index.Why Tesla stock is …

This week, Wall Street is facing sharp volatility as investors and market participants keep their fingers crossed while awaiting a hawkish FOMC meeting on 25-26 January. However, the fourth-quarter 2021 earnings season is gathering pace with better-than-expected results so far.Earnings results are expected to stay strong this time around. Six …

Dow Jones futures fell slightly overnight, while S&P 500 futures and Nasdaq futures lost some ground. For the second straight in a row, the major indexes tried to rebound but were pulled lower with sharp losses, extending the stock market correction.The Dow Jones Industrial Average fell 0.9% in Thursday’s stock …

Taiwan Semiconductor shares surged on Thursday, as the semiconductor manufacturer said fourth-quarter earnings topped Wall Street estimates and it would boost spending for 2022 well above last year’s levels.Taiwan Semiconductor shares closed at $139.19, gaining more than 5% and just off their 52-week high of $145. More than 51 million …

Major currencies and other assets are still maneuvering to find their way amidst uncertainties imposed by the worldwide pandemic. The US dollar kept advancing on Tuesday, posting the most advance against the Japanese yen. USD/JPY pair jumped to 116.34, its highest since January 2017, as the dollar surged alongside US …

Investors and traders quietly resumed activity immediately after turning from a long weekend, with a thrust of optimism as reports suggest that the Omicron variant is much less serious. Before the end of the trading session, news came from France about the reintroduction of restrictions on Omicron Covid-19 spike, the …

The major averages are comfortably higher on low volume as investors start to head for the exits and start the holidays.The S&P are up by +0.7%, Nasdaq +0.7% and Dow +0.6%. Ten of 11 S&P sectors are higher, led by Industrials and Materials. Real Estate is the only decliner. All …

Tesla slid 3.5% on Monday, closing at USD 899.94. That put the shares below where they had closed right before the $4.2 billion Hertz deal was revealed on 25 October.The shares which peaked on 4 November was down 21% in December, poised for the worst month since the pandemic erupted.Hertz’s …

The Dow Jones Industrial Average rallied 400 points early Tuesday, as the stock market began to add to Monday’s strong gains. Traders and investors suggest that Monday marked Day 1 of a new rally attempt on the Nasdaq.Apple has touched fresh highs, while Tesla stock rebounded from a critical support …