Tesla, Wall Street and Share Price
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Wall Street is hanging near its records on Thursday, though the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rising, and Tesla is tumbling following a jumble of profit reports from big U.
Asian shares are lower after Wall Street inched to more records as gains for Alphabet and artificial-intelligence stocks offset a steep tumble for EV-maker Tesla
Wall Street was on track for a mixed open on Thursday as investors digested uneven earnings from megacaps like Alphabet and Tesla and monitored progress in U.S. trade negotiations.
The S&P 500 was up 0.2% after setting an all-time high the day before. The Dow Jones Industrial Average was down 310 points, and the Nasdaq composite was up 0.4%. Alphabet climbed after the company behind Google and YouTube delivered a fatter profit than analysts expected.
It's sort of like a rock sitting on the edge of a cliff. If you can put enough sort of oomph into it, you can get it over the cliff, then gravity does the rest. The metaphor kind of breaks down because the stock's moving up, so the gravity seems to be pointing the other direction.
There isn’t much of a consensus among Wall Street analysts heading into Tesla’s second-quarter earnings report. Long-time investors of Tesla know that isn’t a surprise: Tesla is always a controversial stock.
Investors expect Tesla Inc. to report third-quarter deliveries, its proxy for sales, this week, and Wall Street analysts have raised their expectations in recent days. Tesla TSLA has long made a ...
This week, Wall Street analyst Michael Legg upped his price target on Lucid Group ( LCID 10.82%) to $7 per share. That signals more than 100% in potential upside over the next 12 months. What makes him and other analysts so bullish? The answer is a $1 trillion opportunity.
Tesla points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.