Yahoo Finance • 3 hours ago

Why stocks could be nearing a 10% correction

They say what goes up must come down, but if you’re the current stock market, coming down has taken a wild turn that may be on the cusp of straightening out. “We think this is the time for consolidation of the gains,” Morgan Stanley's clo... Full story

Yahoo Finance • 6 hours ago

Why Super Micro Computer Stock Is Plummeting This Week

Super Micro Computer(NASDAQ: SMCI) stock is sinking in this week's trading. The high-performance server specialist's share price was down 12.7% from last week's close heading into this Friday's market opening, according to data from S&P Gl... Full story

Yahoo Finance • 8 hours ago

1 Artificial Intelligence (AI) Stock to Buy Before It Soars 335% to $3 Trillion, According to a Wall Street Analyst

Gene Munster, co-founder and managing partner at Deepwater Asset Management, recently told CNBC that Tesla(NASDAQ: TSLA) is on pace to be a $3 trillion company. Munster highlighted opportunities related to artificial intelligence (AI), lik... Full story

Yahoo Finance • yesterday

Tesla, Apple Chip Supplier STMicroelectronics Q2 Earnings Hit by Weakness in Industrial and Automotive Sectors, Stock Plunges

Tesla, Apple Chip Supplier STMicroelectronics Q2 Earnings Hit by Weakness in Industrial and Automotive Sectors, Stock Plunges STMicroelectronics NV (NYSE:STM) reported a fiscal second-quarter 2024 revenue decline of 25.3% year-on-year to... Full story

Yahoo Finance • yesterday

Tesla Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Tesla (NASDAQ:TSLA) Second Quarter 2024 Results Key Financial Results Revenue: US$25.5b (up 2.3% from 2Q 2023). Net income: US$1.48b (down 45% from 2Q 2023). Profit margin: 5.8% (down from 11% in 2Q 2023). The decrease in margin was driv... Full story

Yahoo Finance • yesterday

Nvidia, Ford, Chipotle, Viking Therapeutics, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Nvidia, Ford, Chipotle, Viking Therapeutics, Tesla: Why These 5 Stocks Are On Investors' Radars Today On Wednesday, major U.S. indices closed significantly lower. The Dow Jones Industrial Average fell 1.25% to 39,853.87, the S&P 500 dropp... Full story

Yahoo Finance • yesterday

You Could Have Turned $500 Into More Than $50,000 In One Day As Market Got Clobbered: Here's How

You Could Have Turned $500 Into More Than $50,000 In One Day As Market Got Clobbered: Here's How Wednesday was the worst day for the overall market in 2024, with the SPDR S&P 500 Index (NYSE:SPY) trading down more than 2% and the Invesco... Full story

Yahoo Finance • 2 days ago

Tesla Rally Gives Way to Rout as Analysts Sour on the Stock

(Bloomberg) -- Before Tesla Inc.’s results, investors were looking for signs of stability in the company’s electric-car business and some hint that a dazzling self-driving vehicle was imminent. They got neither. Most Read from Bloomberg... Full story

Yahoo Finance • 2 days ago

Tesla Slumps as Musk Tethers Its Future to Delayed Robotaxis

(Bloomberg) -- Tesla Inc. reported another quarter of disappointing profit and postponed a highly anticipated unveiling of autonomous taxis, sending the carmaker’s volatile stock plunging the most in almost six months. Most Read from Bloo... Full story

Yahoo Finance • 2 days ago

Tesla Stock Dives As Analysts Weigh In After Earnings Miss. EV Giant Not A 'Trump Trade.'

Tesla got several price target cuts and a downgrade after its earnings miss. The EV giant is not a "Trump trade," an analyst noted. Continue reading View comments()... Full story

Yahoo Finance • 2 days ago

A wipeout on Wall Street sends stocks to worst day since 2022, led by drops for tech giants including Tesla, Alphabet

NEW YORK (AP) — A wipeout on Wall Street sends stocks to worst day since 2022, led by drops for tech giants including Tesla, Alphabet. View comments()... Full story

Yahoo Finance • 2 days ago

Why Tesla Stock Just Crashed

Tesla (NASDAQ: TSLA) stock fell 11% through 11:45 a.m. ET Wednesday after the company badly missed analyst forecasts for earnings Tuesday night. Heading into the second-quarter report, Wall Street forecast the electric car leader would ea... Full story

Yahoo Finance • 3 days ago

Musk Confirms ‘Lower Level’ Donations to Pro-Trump Super PAC

(Bloomberg) -- Elon Musk confirmed Tuesday that he was “making some donations” to a super political action committee supporting Donald Trump’s presidential campaign, though at a “much lower level” than has been reported. Most Read from Bl... Full story

Yahoo Finance • 4 days ago

Cathie Wood's Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings

Cathie Wood's Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings On Monday, Cathie Wood-led Ark Invest made significant trades involving CrowdStrike Holdings Inc (NASDAQ:CRWD)... Full story

Yahoo Finance • 4 days ago

Prediction: This Could Be the Best-Performing EV Stock Through 2030

Electric vehicle (EV) stocks have been on a bumpy ride recently. But as Tesla's (NASDAQ: TSLA) journey proves, there's huge upside potential for companies that get it right. If you want your portfolio to benefit, you'll need to separate po... Full story

Yahoo Finance • 4 days ago

Why Tesla Stock Popped Ahead of Earnings Day Tomorrow

Tesla(NASDAQ: TSLA) shares have been a bit of a roller-coaster ride this year. After dropping more than 40% and bottoming as low as nearly $140 per share in April, Tesla stock has recovered to hold a year-to-date gain heading into its seco... Full story

Yahoo Finance • 4 days ago

Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP

Nvidia Could Be Worth Nearly $50 Trillion In A Decade, Says Early Tesla, Amazon Investor: Nearly 2X That Of US Or 3X Of China's Current GDP A prominent tech investor predicted that NVIDIA Corp. (NASDAQ:NVDA) could achieve a market capital... Full story

Yahoo Finance • 5 days ago

Inflation and the start of tech earnings: What to know this week

Stocks pulled back from record highs amid pressure across the technology sector after a global tech outage sent shockwaves throughout the market on Friday. The S&P 500 (^GSPC) ended the week down nearly 2% while the Nasdaq Composite (^IXI... Full story

Yahoo Finance • 5 days ago

Rivian Shines Again in Recent Registration Data. Is the Stock Still a Buy?

While many investors are currently pessimistic regarding the electric vehicle (EV) industry, as sales growth continues to creep along rather than explode higher, Rivian(NASDAQ: RIVN) continues to buck the trend with positive news. Not only... Full story

Yahoo Finance • 6 days ago

Big Tech Stock Slump Amps Up Pressure to Deliver on Earnings

(Bloomberg) -- The stakes were already elevated for technology giants heading into this earnings season. They just got a lot higher after the worst week for the Nasdaq 100 Index in three months. Most Read from Bloomberg Zuckerberg Calls... Full story