The Big 7 stocks showed resilience in New York despite volatility in the USD and yields. Tesla was the top performer, even though it was still down more than 20% for the year. Google remained steady, finishing nearly flat. Amazon saw a 3.9% increase, with positive commentary on the company’s AI efforts. Nvidia experienced fluctuations, … Read more
US stock futures were mixed on Wednesday, with technology stocks continuing to outperform thanks to a rally in Nvidia shares. The Dow Jones Industrial Average futures were down 0.2%, while S&P 500 futures were down less than 0.1% and Nasdaq futures were up 0.1%. Bond yields saw a slight increase, with the 10-year Treasury bond … Read more
Tesla has emerged as the leader in tech layoffs in the US in 2024, with companies like Dell, Cisco, Xerox, PayPal, and Microsoft following suit. This trend is indicative of the changes taking place in the technology sector, with companies making strategic decisions to streamline their operations and adjust to evolving market conditions. The layoffs … Read more
U.S. stock futures showed mixed results on Monday morning after a decline at the end of last week. Dow Jones Industrial Average futures saw a 0.2% increase of 75 points, while S&P 500 contracts rose less than 0.1% and Nasdaq Composite futures dropped by 0.2%. On Friday, both the S&P and Nasdaq experienced a 0.2% … Read more
The chief strategist at Interactive Brokers expressed his preference for trading Broadcom over Tesla among the ‘Magnificent Seven’ stocks during an interview with CNBC. In January, analysts recommended replacing Tesla with Broadcom in the line-up of Nvidia, Meta Platforms, Amazon, Alphabet, Microsoft, and Apple. They cited Broadcom’s alignment with the current market trend and their … Read more
Broadcom’s success in 2024 has propelled the chipmaker to potentially replace Tesla among the top companies in the stock market, known as the “Magnificent Seven.” According to Interactive Brokers chief strategist Steve Sosnick, Broadcom embodies the current trend of artificial intelligence (AI) stocks, making it a standout performer. The company’s stock has surged by nearly … Read more
Zacks.com recently featured a list of stocks in their Analyst Blog, including NVIDIA Corp., Tesla, Inc., Linde plc, Servotronics, Inc., and The Cato Corporation. NVIDIA has seen significant growth in the semiconductor industry due to strong demand for AI and high-performance computing. Tesla, on the other hand, has faced challenges in the electric vehicle market … Read more
El Zacks Research Daily presentó los resultados de investigación de acciones destacadas de 6 de junio de 2024. El equipo de analistas de Zacks ha publicado nuevos informes de investigación sobre 16 acciones importantes, incluidas NVIDIA Corporation, Tesla, Inc., y Linde plc, así como dos acciones de microcapitalización, Servotronics, Inc. y The Corporación Cato. La … Read more
Elon Musk has been pushing Tesla shareholders to vote on a large stock option package that was previously voided by a Delaware court. This comes after news that Musk diverted a shipment of Nvidia chips from Tesla to his X social media platform, leading several Tesla shareholders to criticize his decision. Some of these shareholders, … Read more
NVIDIA CEO Jensen Huang expressed gratitude towards Tesla, acknowledging their leadership in the autonomous driving space during a recent interview with Yahoo Finance. Huang praised Tesla for their advancements in autonomous vehicles, highlighting the importance of all cars eventually having autonomous capabilities. Tesla’s CEO Elon Musk has been driving the company’s efforts in producing autonomous … Read more