Tag: NASDAQ:TSLA
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U.S. Futures Drop in Pre-Market Trading as Tech Stocks Plunge After Meta Issues Gloomy Forecast
U.S. index futures fell in pre-market trading on Thursday, particularly technology stocks, which saw a significant depreciation after Meta Platforms (NASDAQ:META) announced disheartening forecasts. At 6:44 AM, the Dow Jones (DOWI:DJI) futures were down 257 points, or 0.66%. The S&P 500 futures fell by 0.64%, and the Nasdaq-100 futures lost 0.95%. The yield on 10-year…
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Block Innovates Bitcoin Mining, DOJ Proposes 3-Year Prison for Changpeng Zhao, and More Crypto News
Possible effects on Bitcoin price with US dollar depreciation and Mt. Gox refund Cryptocurrency traders anticipate a potential depreciation of the US dollar, which could favor Bitcoin’s recovery (COIN:BTCUSD). Conversely, some banks still see a strengthening dollar on the horizon. At the time of writing, Bitcoin was down by -2.5%, trading at $64,771.50. Since March,…
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Upbeat Earnings News May Lead To Extended Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to extend the notable upward move seen over the two previous sessions. A positive reaction to the latest corporate earnings news may contribute to an extended rebound on Wall Street following the considerable weakness seen last week. Shares…
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Tesla Surges 10% on Growth Outlook and Plans for Affordable Models in 2025
Tesla shares jumped by 10% on Wednesday, igniting investor optimism as the company outlined a growth forecast for the year and announced plans to introduce more affordable electric vehicle models in early 2025. This announcement came as a relief to stakeholders who had been concerned by a series of negative events surrounding the company, including…
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U.S. Futures Display Mixed Results Amid Earnings, WTI and Brent Crude Prices Dip in June Futures Trading
U.S. index futures are showing mixed results in pre-market trading this Wednesday, as investors assess the latest financial results released. As of 6:31 AM, Dow Jones Industrial Average futures (DOWI:DJI) fell 8 points, or 0.02%. S&P 500 futures advanced 0.14%, and Nasdaq-100 futures gained 0.56%. The 10-year U.S. Treasury yield stood at 4.638%. In the…
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Tesla Surges 12% with 2025 Affordable Vehicle Promise, Evotec Slumps 36% on Uncertain Outlook, and Latest Earnings
Tesla (NASDAQ:TSLA) – Tesla shares rose 11.96% in pre-market trading on Wednesday, even though its first-quarter earnings were below analysts’ forecasts. Tesla reported an adjusted earnings per share of 45 cents with revenues of $21.3 billion, while analysts had expected earnings per share of 51 cents and revenues of $22.15 billion. Moreover, Tesla revealed plans…
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Coca-Cola and Microsoft Sign Billion-Dollar Agreement, Apple Event Set for May 7, and More News
Coca-Cola (NYSE:KO) – Coca-Cola has signed a new five-year contract, worth US$1.1 billion, with Microsoft (NASDAQ:MSFT), utilizing its cloud computing and artificial intelligence services, including Azure OpenAI. The agreement aims to enhance Coca-Cola’s productivity with tools like Microsoft’s Copilot. Apple (NASDAQ:AAPL) – Apple announced an event on May 7, with no details revealed, but rumors…
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Futures Pointing To Extended Rebound On Wall Street
The major U.S. index futures are currently pointing to higher open on Tuesday, with stocks likely to extend the rebound seen in the previous session. Traders may continue to look to pick up stocks at relatively reduced levels amid a positive reaction to some of the latest corporate earnings news. Shares of General Motors (NYSE:GM)…
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U.S. Index Futures Rise in Pre-Market, Oil Prices Dip Slightly
U.S. index futures saw a rise in pre-market trading this Tuesday, sustaining the positive momentum observed in the previous session. The S&P 500 broke a six-day losing streak the day before, driven by a significant recovery in the technology sector. At 6:33 AM, Dow Jones futures (DOWI:DJI) rose 69 points, or 0.19%. S&P 500 futures…
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Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News
Apple (NASDAQ:AAPL) – Smartphone shipments from Apple in China fell 19% in the first quarter due to competition from Huawei. Its market share decreased to 15.7%, nearly matching that of Huawei, which saw a 70% increase in sales. Apple now ranks third, behind Vivo and Honor. Additionally, FIFA is close to a deal with Apple…