The expected Santa Claus rally started around Halloween, potentially leaving little room for more gains the rest of December. Santa Claus dropped off gifts early this year—before Halloween, in fact—raising questions if there are any left unopened for the market before the New Year. Market strategists don’t expect to see the trend soon reverse, essentially dashing hopes of a Santa Claus rally.
Less than a month after drastically lowering the prices of its vehicles, including the very popular Model 3 and Model Y, Tesla has just changed its policy. The base price of the Model Y Long Range is now $54,990, up from $53,490 a few hours ago. The base price of Model Y performance increased by 1.75% to $57,990 against $56,990 on Feb. 3.
This is a TikTok challenge you don’t want to get behind.
Americans born in the postwar boom are entering their golden years. Despite the financial success of their careers, a disturbing number aren’t prepared for the financial challenges ahead.
The market has signaled it's no bear rally. But has a pullback already begun? A jury found Tesla CEO Elon Musk not liable for 2018 "funding secured" tweets.
Shares of C3.ai (NYSE: AI) rocketed 77.4% higher in January, according to data from S&P Global Market Intelligence. The artificial intelligence (AI) enterprise software provider is seeing increased enthusiasm from investors due to the hype around the new AI chatbots released by companies like Open AI. The company also just announced a partnership to integrate AI language models from companies like Open AI and Google into C3.ai's software applications, which investors took as a positive sign for the stock.
"The U.S. equity market remains undervalued, albeit much less undervalued than at the beginning of the year," he wrote in a commentary. As of Jan. 31, a composite of the 700-plus stocks listed on U.S. exchanges and covered by Morningstar indicated the market was 10% undervalued. "However, while we view the broad markets as undervalued for long-term investors, in the short term, we think the easy returns are behind us," Sekera said.
Yes, there's math. No, it's not that hard.
Are you prepared for “extraordinary measures”?
These two semiconductor investors are back to discuss some significant tailwinds for various chip stocks.
Elon Musk's electric vehicle manufacturing company Tesla remains the U.S. leader in EV production and sales and has grand plans to ramp up production of its vehicles by the end of the decade. Tesla set a record in producing 1.37 million of EVs in 2022 and delivering 1.31 million, but Musk and the company are not satisfied with that volume. Tesla's four EV manufacturing plants located in the U.S, China and Germany currently have a combined 1.9 million units vehicle capacity, but will have to crank up development of several new manufacturing plants if it plans to reach Musk and Tesla's goal of producing 20 million EVs by 2030.
In this article, we discuss 15 best dividend leaders to buy according to hedge funds. If you want to see more stocks in this selection, check out 5 Best Dividend Leaders to Buy According to Hedge Funds. First Trust Morningstar Dividend Leaders Index Fund (NYSE:FDL) is based on the 100 highest yielding stocks that have […]
These names have joined the ranks of the world's most elite dividend growth companies as Dividend Aristocrats and/or Dividend Kings.
The 99-year-old investing legend has spoken.
Tesla has reversed course on price cuts to its Model Y line this month after the U.S. Treasury announced loosened restrictions on electric vehicle credits.
ChatGPT and other new content-creating artificial intelligence tools could disrupt Google's internet search business and lots of industries.
Anthropic emphasizes A.I. safety and includes leaders who left OpenAI over worries it was prioritizing business concerns.
Shares of Bill.com Holdings (NYSE: BILL), the payments specialist for small and medium-sized businesses (SMBs), were taking a dive today after the company posted strong results in its fiscal second quarter but offered disappointing guidance for the current period. Bill.com, which is a software-as-a-service company that helps SMBs handle payments and back-office accounting, said core revenue rose 49% in the quarter, and total revenue jumped 66% to $260 million, which beat estimates at $243.5 million. CEO Rene Lacerte said, "We delivered strong second-quarter results and achieved another quarter of non-GAAP profitable growth as we executed on our strategy to be the essential financial operations platform for SMBs."
The Denver company's stock has fallen nearly 75% in the past three years and its CEO resigned in December.
On Wednesday afternoon Federal Reserve Chairman Jerome Powell said over and over again: We’re not done raising interest rates. Wall Street didn’t listen. January’s blowout jobs report, posted Friday morning, showed nonfarm payrolls rose by nearly three times as much as economists had been expecting.
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