Columbus, OH

Jeff Bezos is selling 25 million Amazon shares worth $5 billion, according to a regulatory filing on the day the tech giant’s stock hit a record high. The proposed sale on Tuesday came as Amazon’s stock closed at $200 per share, its highest price since Amazon’s 1997 NASDAQ listing.

Jeff Bezos selling $5B worth of Amazon shares as company’s stock hits all-time high

Tesla stock has been riding one of the most exhilarating bull runs in the company’s history. In the last month alone, the EV maker’s stock price has surged by a whopping 50%. In the middle of the trading day today, Tesla shares reached a peak of $270 a...

Tesla Shares Crash by a Whopping $105 Billion in a Single Day After CNBC Host Jim Cramer Said “Tesla Could be the Next $1 Trillion Company” – Inverse Cramer Strikes Again

24/7 Wall St.

Wall Street expectations for where Tesla stock is headed vary considerably. The EV maker faces headwinds and risks, but some analysts still have faith.
The post Where Will Tesla’s Stock Price Be in 1 Year appeared first on 24/7 Wall St..

Where Will Tesla’s Stock Price Be in 1 Year

Tesla Shares Are All Over The PlaceTesla (NASDAQ: TSLA) has experienced a volatile 2024, with shares initially down but rebounding slightly after better-than-expected earnings. Despite delivering 443,000 vehicles in Q2, the company’s long-term outlook remains uncertain due to increased competition and the need for a more extensive product lineup. Tesla’s future success hinges on introducing […]
The post Tesla (Nasdaq: TSLA) Shares Go Boom appeared first on 24/7 Wall St..

Tesla (Nasdaq: TSLA) Shares Go Boom

Warren Buffett's stake in Apple is currently worth $135 billion. Shares of Apple are soaring as investors are encouraged by the company's new artificial intelligence (AI) services. While it can be tempting to follow momentum, Apple still has a lot to prove when it comes to competing in AI. Apple...

Billionaire Warren Buffett Has $135 Billion Invested in Just 1 Artificial Intelligence (AI) Stock. Is It Time to Buy?

Elon Musk has delayed the rollout of the Tesla Optimus humanoid robot compared to a timeline shared just a few months ago. Despite Musk’s threat not to build AI products at Tesla if he doesn’t get 25% control of the company, the CEO has already restructured the company around its AI products, including its humanoid robot: Tesla Optimus.

Elon Musk delays Tesla Optimus humanoid robot timeline

UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates. The company, and its shipping rival FedEx, have seen demand fall amid a pullback from pandemic highs for package deliveries. UPS also narrowed its revenue outlook and lowered...

UPS Stock Dives as Profits Drop Over 30%

Ryanair reported first-quarter profit Monday that was roughly half of what it posted a year ago. Average fares decreased 15% year-over-year, partially offset by a 10% increase in customers. The company now expects summer fares to be "materially lower than last summer." Ireland-based airline Ryanair Holdings (RYAAY) on Monday posted...

Ryanair Plunges After Projecting 'Materially Lower' Summer Fares

TheStreet

Her flagship Ark Innovation ETF has slumped 11% year to date.

Cathie Wood unloads $8 million of surging tech stock

Billionaire Israel Englander sold Nvidia stock during the first quarter, while purchasing shares of Palantir and Super Micro Computer. Palantir is a recognized leader among AI/ML platform vendors, and Wall Street expects the company to grow earnings per share at 22% annually through 2026. Super Micro Computer is the market...

Billionaires Are Selling Nvidia Stock and Buying 2 Supercharged Artificial Intelligence (AI) Stocks Instead

Reuters

(Reuters) -Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut prices to revive demand while it increased spending on AI projects.

Tesla misses Wall Street targets as price cuts, incentives weigh

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Fortune

Former president Donald Trump showed only a lukewarm commitment to the security of Taiwan, manufacturing hub for the world's most advanced chips that power AI training. Taiwan needs to pay more protection money to the United States if it wants to prevent China from invading, Donald Trump said in comments that pose serious implications for leading artificial intelligence companies.

Donald Trump wants Taiwan to pay for U.S. protection—and that should worry shareholders of Nvidia, Microsoft and Tesla

The Motley Fool

History doesn't repeat itself, but it often rhymes.

What Will 1 Bitcoin Be Worth in 2025?

Check out the companies making headlines in extended trading:. — The tech giant slipped 1% despite a beat on both top and bottom lines in the second quarter. Alphabet earned $1.89 per share on $84.74 billion in revenue. Consensus estimates had called for earnings of $1.84 per share on $84.19 billion in revenue. However, revenue at its YouTube advertising segment missed forecasts.

Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more

UPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy. CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost." A range of companies have highlighted...

UPS Customers Are Trading Down

On Monday, RBC Capital maintained its Outperform rating on Tesla (NASDAQ:TSLA) stock, with a steady price target of $227.00. The firm's outlook remains positive despite acknowledging the challenges investors might face in interpreting Tesla's second-quarter results due to various factors. Tesla's stock has experienced a notable increase, rising 20% in less than a month, primarily due to a delivery beat, although it is still down year-over-year.

RBC Capital sees Elon Musk's robotaxi plans reshaping Tesla stock narrative

Business Insider

Despite polling on par so far with Biden, Harris is relatively unknown in China, where people see Trump winning as a foregone conclusion.

China finally agrees with Trump on something — they both think Kamala Harris can't win

A look at the day ahead in European and global markets from Tom Westbrook. Markets mostly took Joe Biden's withdrawal from the U.S. presidential race in their stride, flicking the switch from politics back to focus on earnings and interest rates. In the U.S., a September rate cut is all...

Morning Bid: Tesla, Alphabet earnings take centre stage

Electric carmaker Tesla Motors TSLA is scheduled to report results for the second quarter of 2024 on Jul 23, after market close. Tesla has surged 65.3% over the past three months, outperforming the industry’s growth of 47.3%. In particular, Tesla has experienced a dramatic surge this month, with the share price surging 20.9%. This has helped the EV maker to erase most of the losses suffered in the first half of the year. The strong trend is likely to continue if Tesla comes up with an earnings beat. The electric carmaker saw favorable earnings estimate revision for the to-be-reported quarter, which is generally a precursor to an earnings beat (read: Can Tesla ETFs Maintain New-Found Winning Momentum?).

Can Tesla ETFs Maintain Rally Going Into Q2 Earnings?

NewsBreak

Tesla Stock Jumps Ahead of Earnings, as Musk Says Humanoid Robot Will Come in 2025

Tesla shares gained Monday, ahead of the electric vehicle maker's earnings report Tuesday, as CEO Elon Musk said the company will have humanoid robots in production...

Tesla Stock Jumps Ahead of Earnings, as Musk Says Humanoid Robot Will Come in 2025

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