The S&P 500 remains close to its all-time high, down only 2.7% despite recent declines. Last week, energy and commodities stocks led gains, while tech and growth stocks, including Tesla, faced heavy selling pressure. Tesla's shares fell 18% after its Q2 operating profit missed forecasts by $1.3 billion, highlighting risks in high-profile growth companies. Investors shifted focus to mid-cap, value, and commodity stocks as the Q2 earnings season began, moving away from large caps, bonds, and high-beta assets.
Tesla's recent profit largely depends on gains from Elon Musk's other company, SpaceX, rather than its core business, which showed a weak 1.4% operating margin on $28.2 billion revenue. Despite a quadrupling of Texas registrations for Tesla's autonom...
US stocks face pressure from rising oil prices, new tariffs, and higher Treasury yields, causing volatility and weak tech sector performance. The Dow Jones remains bullish above 50,000 with a potential rally to 55,000 if it breaks 52,500, supported b...
Tesla shares dropped 18% this week, marking their worst weekly decline since 2022, following weaker-than-expected Q2 earnings and negative cash flow due to heavy spending on new projects. SpaceX shares fell about 7%, continuing a downward trend since...
Shares of major tech companies, including Alphabet and Tesla, dropped sharply after both announced increased capital expenditures focused on AI infrastructure. Alphabet plans to spend $200 billion this year, up from $190 billion, aiming to enhance AI...
Tesla reported Q2 earnings with revenue beating expectations but earnings per share missing consensus, leading to a 14.5% stock drop. The bearish options trade on Tesla has captured most potential gains, suggesting investors consider closing the posi...
