LIVE: FTSE 100 and US markets mixed as investors look to big bank earnings
Tesla is one of our stocks to watch ahead of the open. Vicky McKeever writes:
Elon Musk, CEO of Tesla, unveiled the electric vehicle (EV) maker’s driverless robotaxi at an event in Los Angeles on Thursday evening.
“We’ll move from supervised full self-driving, to unsupervised full self-driving,” Musk said.
» Read more about: LIVE: FTSE 100 and US markets mixed as investors look to big bank earnings »
Read MoreUber's stock paces S&P 500 gainers as Tesla robotaxi overhang gets lifted
Uber Technologies Inc. shares are leading the S&P 500 higher Friday after Tesla Inc.’s robotaxi event proved light on detail, in the eyes of analysts.
Heading into Thursday’s robotaxi event, the presentation was somewhat of an overhang on Uber shares given the potential for Tesla to threaten the ride-hailing company’s business.
» Read more about: Uber's stock paces S&P 500 gainers as Tesla robotaxi overhang gets lifted »
Read MoreTesla Stock Falls Nearly 3% In Overnight Trading On Robinhood After Self-Driving Cybercab Unveil
Tesla Inc. (NASDAQ:TSLA) shares fell by about 2.7% in overnight trading on brokerage firm Robinhood after the company’s robotaxi unveiling event late on Thursday failed to give investors confidence.
Read MoreElection betting slow among Wall Street pros amid tight race: Report
(NewsNation) — Election bets are reportedly slow among Wall Street professionals who are avoiding putting their money on a tight presidential race that comes to a head in less than four weeks.
“Never bet on the flip of a coin,” George Ball, head of the Houston-based investment firm Sanders Morris Harris,
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Read MoreTSMC bullish on outlook as Q3 profit beats forecasts on AI boom
TAIPEI : TSMC, the world’s largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54 per cent jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI).
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in AI applications whose customers include Apple and Nvidia,
» Read more about: TSMC bullish on outlook as Q3 profit beats forecasts on AI boom »
Read MoreThe Burst
The Ivy
1 Stock To Buy Now and Hold For 10 Years
When you think of a razor and blade business model, Gillette probably springs to mind faster than Intuitive Surgical (ISRG). But ISRG has an enviable model that combines the sale of its patented Da Vinci robots and recurring revenues from each surgery performed. Plus, it has a robust moat in the form of patents to deter and slow competitive threats.
» Read more about: 1 Stock To Buy Now and Hold For 10 Years »
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