A few factors, including positive developments in America’s trade talks with other countries and positive speculation about TSLA’s upcoming robotaxi business, have helped push Tesla, Inc. (TSLA) stock higher in recent weeks, former Ford (F) CEO Mark Fields told CNBC on Friday.
AMD (NASDAQ: AMD) CEO Lisa Su elaborated on the latest developments for stock market investors.
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Tesla (TSLA) stock surged higher Friday, pushing shares to their highest level since February as the EV maker notched a third straight week of gains.
General sentiment on trade drove Friday’s gains, with President Trump floating a cut to US tariffs on Chinese imports ahead of this weekend’s negotiations.
Analyst Ben Reitzes and consultant Dan Nathan had a bull-bear debate about Apple Inc. (AAPL) stock on CNBC on May 7.
Reitzes suggested that Apple’s future is bright, while Nathan warned that the tech giant was “massively behind the 8 ball” in terms of technology and suggested that it would be significantly damaged by the problems facing its Services business.
» Read more about: Analyst, Consultant Clash on Apple Inc. (AAPL) Stock »
NEW YORK — U.S. stocks are drifting in mixed trading on Tuesday following a report that showed inflation unexpectedly slowed across the country last month.
The S&P 500 was edging up by 0.1% in early trading, coming off a big gain to start the week after the United States and China announced a 90-day pause in their trade war to allow for negotiations.
» Read more about: Wall Street loses momentum following Monday’s spurt and drifts »
After slipping to Rs 93,080 on May 12 from Rs 96,416 per ten gram (999 purity) on May 9, physical gold prices rose to Rs 94,344 at 6 pm on May 13, as per the India Bullion and Jewellery Association (IBJA).
Odds of an interest-rate cut through July perked up after the April CPI came in cooler than expected.
Traders see a 42.6% chance of at least one quarter-point cut through July, which was up from 38.6% prior to the report, according to the CME FedWatch Tool. Odds of a cut through September were up slightly at 80.7% from 79.5% prior to the report.
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The stock market’s rally continued on Tuesday after the consumer price index for April was better than feared despite headaches caused by the White House’s on-again-off-again tariff policy.
The S&P 500 was up 0.1%. The Nasdaq Composite was up 0.3%. The Dow Jones Industrial Average was down 151 points,
» Read more about: Stocks Are Rising After CPI Report. UnitedHealth Drags on the Dow. »
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Inflation rates slowed to 2.3% in April, with cheaper oil and lower egg prices helping.
Renewable energy stocks are under pressure this morning after a series of earnings misses.
» Read more about: Stock Market Live May 13: Egg Prices Down, S&P 500 (VOO) Up »
