Posts with tag: money
Tesla's fourth-quarter earnings report is due, and Wall Street is bullish, expecting strong growth in AI initiatives, including self-driving, robotaxis, and cheaper vehicles.
Published on: January 29, 2025, 05:00 AM UTC
Tesla's Q4 earnings, due Wednesday after the bell, will be scrutinized as investors seek a catalyst to boost the stock after a 5% year-start loss. Revenue is projected at $27.21 billion, with adjusted EPS of $0.75. Tesla's vehicle deliveries missed estimates in Q4, totaling 495,930 globally and falling short of 2023's deliveries. The company faces challenges with new competition, demand, and global economic conditions. Investors anticipate updates on Tesla's plans for new vehicles and its timeline for achieving a 50% growth rate.
Published on: January 28, 2025, 06:02 PM UTC
DeepSeek's AI model raises concerns about concentration risk in the stock market, with Nvidia's single-day market loss exceeding the market caps of Exxon and Mastercard.
Published on: January 28, 2025, 02:02 PM UTC
US stock futures mixed as investors weigh earnings and Trump's China stance. Dow Jones (YM=F) futures down almost 0.3%, S&P 500 (ES=F) flat after hitting record high Thursday. Nasdaq 100 (NQ=F) contracts little changed.
Published on: January 24, 2025, 02:02 PM UTC
Oil prices slide on Trump executive orders, trade war fears
Published on: January 21, 2025, 09:01 PM UTC
President Trump directed federal agencies to assess the progress of China under the Phase 1 trade agreement signed in 2020, aiming to increase US exports by $200 billion. The deal included: China's commitment to purchase US goods and services, stronger IP protections, limitations on technology transfer pressure, currency agreement prohibiting competitive devaluations, and data transparency on exchange rates.
Published on: January 21, 2025, 04:00 AM UTC