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3 mins read
From a 20% AI-fueled stock surge to tumbling market cap for Apple, here are UBS's biggest surprises for 2024
UBS said stocks could surge, China could slow, neither Biden nor Trump could get elected, and Apple…
Phil Rosen
3 mins read
One of investors' biggest fears about the stock market is fading
"Never forget, the lifeblood of a bull market is rotation and we see that happening the remainder o…
Matthew Fox
2 mins read
A new ETF will allow investors to track the market's red-hot Magnificent 7 mega-cap stocks
The YieldMax Magnificent 7 Fund of Option Income ETFs invests in seven single-stock funds, using co…
Yuheng Zhan
5 mins read
Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman
In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …
Dan DeFrancesco
2 mins read
Tesla soars 10% after Morgan Stanley says its Dojo supercomputer could add $500 billion to its market cap
"The more we looked at Dojo, the more we realized the potential for underappreciated value in the s…
Matthew Fox
1 min read
Apple and Nvidia tank in pre-market trading as 'Magnificent Seven' tech stocks take a battering
Shares in the world's biggest tech companies dropped sharply on Monday as investors became increasi…
Polly Thompson
2 mins read
Stock market today: Indexes rise as traders await new data
Nvidia shared wavered after rebounding on Tuesday. Amazon jumped nearly 4%, crossing a $2 trillion …
Jennifer Sor
2 mins read
Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE
GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.
Jennifer Sor
1 min read
Tesla saw a $56 billion stock rout in a single day, an amount that dwarfs Ford's market cap
Tesla saw its value plunge by almost $56 billion in one day, an amount that dwarfs the individual m…
Zinya Salfiti
2 mins read
Stock market today: Nasdaq suffers worst day since 2022 as weak earnings spark steep sell-off
The Nasdaq dropped more than 3%, fueled by a selloff in Tesla and Alphabet shares after earnings. T…
Jennifer Sor
2 mins read
The stars have aligned for this corner of the stock market as the US economy enters its 'Goldilocks' era, BofA says
"Slowing GDP + accelerating EPS has been the best backdrop for stocks," Bank of America said in a n…
Matthew Fox
2 mins read
The SEC is finally ready to pay out $40 million to Tesla shareholders, after Elon Musk's lawyers accused the regulator of breaking its promises
The SEC has filed to pay over $40 million promised to Tesla shareholders after Elon Musk placed a c…
Adam Morgan McCarthy
1 min read
Tesla has seen $200 billion added to its market cap in 2023, marking the strongest start to the year in its history
Investors have been pouring into Tesla stock in 2023, with shares of the electric vehicle maker up …
Morgan Chittum
1 min read
Apple regains a $3 trillion market cap and is on track to end the year as the world's most valuable company for the 5th time in a row
Apple's market cap passed the $3 trillion threshold for the first time since August Tuesday, after …
George Glover
1 min read
The 'Magnificent 7' tech stocks add $150 billion of market cap in a day, with Microsoft leading the charge as investors zero in on the OpenAI psychodrama
The mega-cap group's stellar 2023 continued Monday, with both Microsoft and Nvidia shares hitting a…
George Glover
1 min read
Tesla stock will soar 28% in 2022 as China remains a key growth 'linchpin' and production capacity doubles, says Wedbush
Shares of Tesla could soar to $1,400 in the next 12 months, reflecting a 28% rise from Monday's clo…
Isabelle Lee
1 min read
Ford sees its market capitalization soar to $100 billion for the first time as EV ambitions push stock to a 20-year high
The milestone makes Ford more valuable than rivals General Motors and Rivian, though still far behi…
Isabelle Lee
1 min read
Elon Musk's Tesla lost $109 bn in single day amid weak outlook for 2022
Tesla produced 305,840 vehicles in the fourth quarter, a 70 per cent increase over the previous …
1 min read
Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's
On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.
Brian Evans
1 min read
GMC says its electric Sierra pickup will top Tesla's Cybertruck range by 100 miles
GMC increased the range for its new Sierra Denali to 440 miles, making it among the leaders in the …