The United States and European Union have announced new sanctions against Russia’s oil industry as part of efforts to pressure Russia to end the war in Ukraine. The European Union agreed to the new sanctions this morning, aiming to move closer to lasting peace in the region. “We’re keeping the pressure high on the aggressor,”
Good morning and welcome to First Trade. “KPop Demon Hunters” and record revenue weren’t enough to help Netflix stock after earnings. It suffered its worst day since March after a tax issue took investors by surprise.
Rundown
But first, Tesla earnings show a company in transition.
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US stock futures slipped Thursday as trade tensions between Washington and Beijing escalated. Tesla, IBM, and American Airlines shares moved sharply on earnings and guidance. Dow Jones Industrial Average futures slipped 88 points (–0.2%), while S&P 500 and Nasdaq 100 futures traded near the flatline, signaling a cautious Wall Street open.
U.S. stock futures were swinging on Thursday following Wednesday’s declines. Futures of major benchmark indices were lower.
A wave of disappointing earnings guidance and escalating U.S.-China trade tensions rattled investor confidence. The Donald Trump administration is considering new restrictions on exports to China that would target products either made with or containing U.S.-developed software.
US stock futures fluctuated on Thursday as oil prices surged and Wall Street parsed the latest batch of quarterly results from closely watched companies, including Tesla (TSLA) and IBM (IBM).
Dow Jones Industrial Average futures (YM=F) hovered below the flat line.
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Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
Tesla Inc. (NASDAQ:TSLA) stock declined 2.89% before the bell on Thursday, as the EV maker missed Wall Street’s quarterly earnings per share (EPS) expectations.
Tesla reported third-quarter revenues of $28.095 billion,
