Why Tesla's Stock Is Rising After Earnings Fell Short of Estimates
Tesla shares climbed Wednesday as investors focused on comments from Tuesday's earnings call rather than the electric vehicle maker's disappointing first-quarter results.
Tesla shares climbed Wednesday as investors focused on comments from Tuesday's earnings call rather than the electric vehicle maker's disappointing first-quarter results.
Big Tech stocks surged for a second day, with Tesla and Amazon leading the so-called ‘Magnificent Seven’ stocks higher as the Trump administration hinted at a deescalation of the US-China trade war.
President Trump hinted at a trade war deescalation with China and said he has "no intention of firing" Fed Chair Jerome Powell, sending stocks soaring on Wednesday.
Tesla reported first quarter earnings after the bell on Tuesday that were short of estimates, but Elon Musk's plans to pare back his DOGE activities sent shares higher.
All major indices show substantial early gains.
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
President Donald Trump’s recent attacks on Federal Reserve Chair Jerome Powell caused alarm among some of his top advisers, who warned him that any attempt to remove the head of the central bank could cause as much market turmoil as his ongoing trade war, according to people familiar with the conversations.
Lockheed upgraded, Oracle downgraded: Wall Street's top analyst calls
Shares of Boston Scientific rose sharply Wednesday after the firm posted better-than-expected quarterly results.
U.S. stocks opened higher Wednesday after President Donald Trump signaled a softer stance toward the eye-watering tariffs he had set for China, while also stating he would not make an immediate change in leadership at the Federal Reserve.