Wall Street ticks up to another record as GM and others show how tariffs are impacting them
NEW YORK (AP) — Wall Street inched to another record on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Donald Trump’s tariffs are hurting or helping them.
The S&P 500 added 0.1% to the all-time high it had set the day before.
Read MoreWhy Is Wall Street So Bearish on Tesla? There's 1 Key Reason.
Tesla’s market cap is once again above $1 trillion, with shares closing in on new all-time highs.
The average Wall Street price target for Tesla (TSLA -7.88%) is currently $299.56 per share. That implies a 10% downside potential over the next 12 months.
» Read more about: Why Is Wall Street So Bearish on Tesla? There's 1 Key Reason. »
Read MoreTesla tumbles and Alphabet rises to keep Wall Street near its records
Wall Street is hanging near its records, but the market’s calm surface is hiding roiling moves underneath.
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Read MoreWall Street hangs near records amid a deluge of corporate earnings
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — Wall Street is hanging near its records on Thursday, though the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rising, and Tesla is tumbling following a jumble of profit reports from big U.S.
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Read MoreWhy Rare Earth and AI Energy Stocks Are Soaring in 2025
AI Portfolio
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Energy Demand Surge: The increasing energy requirements for large data centers highlight a significant investment opportunity in the energy sector. For example, Meta’s recently announced intention to build data centers that could reach 6 gigawatts in capacity requires more power on the scale of the largest cities in America.
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Read MoreThe Burst
1 Retailer Is Head and Shoulders Above ALL Others
Some businesses have all the hallmarks of being average. A grocery store fits squarely into that category because goods are bought at wholesale prices, sold at retail, and the margin must cover all the other costs of the business from real estate costs to labor and everything else in between.
And then there’s Costco,
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Read MoreThe Ivy
110 Year Old Firm Crushing Wall Street
Imagine you had a checklist for when to buy a stock and as you look down it, every line item is check, check, check. That wouldn’t be too far away from the experience we had looking down through the Brady Corp metrics.
To begin with what on earth is Brady? Not many investors are in fact aware of this company that has a century plus long history.
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Read MoreThe Spotlight
Is SNAP a Buy After the Crash?
When a stock bombs, it’s usually best to run for cover. Every once in a while, though, it’s worth a closer look. If the fundamentals are strong, the future prospects are good, and the selloff was overblown, it’s possible the company’s stock is on sale.
So many stocks have dipped to record lows in recent months that it makes it tough to separate the great buys from the risky ones.