Why Tesla stock is surging today
Donald Trump’s victory in the 2024 presidential election has sent Tesla Motors (NASDAQ: TSLA) stock on a somewhat surprising rollercoaster ride.
Thanks to Elon Musk’s role in the incoming administration and his political alliance with the Republican President-Elect, TSLA shares began rocketing on November 6. Still, some subsequent policy headwinds – primarily the plans to cut the $7,500 electric vehicle (EV) tax credit – also triggered a significant correction.
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Read MoreAll eyes on Nvidia stock as Blackwell overheating issues emerge
Wall Street’s attention is on Nvidia (NASDAQ: NVDA) ahead of this week’s 2024 Q3 earnings report, but the event could be overshadowed by overheating concerns surrounding next-generation Blackwell chips.
Reports indicate that the initially delayed Blackwell chips are overheating in server racks designed for up to 72 chips,
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Read More10 Dividend ETFs to Buy With $1,000 and Hold Forever — for Lots of Passive Income
Dividends have served me very well so far in my life — and I’m not even retired yet. Like many people, I underestimated them for a long time. They just came along with many of the stocks I bought. I’ve had multiyear periods when I was plowing as much money as I could into my long-term portfolio,
Read MoreThese 2 Index ETFs Are a Retiree's Best Friend
Index exchange-traded funds (ETFs) are among the most popular investments on the market. That’s no surprise, considering the huge benefits they pack into one simple financial package.
Owning an index ETF delivers diversification and low costs, two factors that correlate to higher investor returns over the long term. They are easier to trade compared to more actively managed mutual funds and often carry low minimum initial investment requirements.
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Read MoreTesla's Valuation Creates A Wait And See Scenario (Rating Downgrade)
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth.
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Read MoreThe Burst
BEST Biotech Stock To Buy Right Now
Biotechnology uses living systems and organisms to create or modify products, such as pharmaceuticals, vaccines, biodegradable plastics, food additives and enzymes. It has been around for centuries and has recently experienced a resurgence as scientists have developed new techniques for modifying genes and proteins.
The global market for biotech products was worth just over $1 trillion in 2021,
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Read MoreThe Ivy
Market Commentary: 15.8% Of Bill Gates Portfolio In 1 Filthy Stock
The Bill & Melinda Gates Foundation’s investment in Waste Management (NYSE:WM) may seem surprising at first glance. After all, the foundation is known for its focus on global health and development, not trash removal.
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