Tesla stock is dropping on a report that its low-cost vehicle will be delayed to 2026
Patrick Pleul/picture alliance via Getty Images
2025-04-21T13:52:49Z
- Tesla stock dropped 6% on Monday, extending its year-to-date decline to 43%.
- The drop followed a Reuters report that said Tesla is delaying its low-cost vehicle to 2026.
- Barclays cut Tesla’s price target,
Stocks open lower on Wall Street as worries linger over trade war and Trump-Powell rift
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — U.S. stocks are sinking Monday as investors pull away from the United States because of the uncertainty caused by President Donald Trump’s trade war and his criticism of the Federal Reserve.
The S&P 500 was 1.2% lower in early trading and back to 15% below its record set two months ago.
Read MoreU.S. farmers were already struggling to turn a profit. Trump's trade war will make that harder
The last few years have been eventful for farmers — not in a good way.
“It’s a pretty tough time,” said Glenn Brunkow, who grows corn and soybeans near Westmorland, Kansas. “This is about as grim of a time as I’ve seen for crop production. Nothing looks like it’s going to make money right now.”
That’s mainly because the prices for farm necessities have risen much faster than the price of the soybeans and corn that Brunkow grows.
Read MoreMassive News for Nvidia Stock Investors!
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Read MoreNvidia-backed CoreWeave gets largely bullish coverage from brokerages
By Joel Jose and Siddarth S
(Reuters) – Wall Street brokerages on Tuesday began coverage of Nvidia-backed CoreWeave with broadly bullish views,
» Read more about: Nvidia-backed CoreWeave gets largely bullish coverage from brokerages »
Read MoreThe Burst
Will NVIDIA Be The First To Hit $10 Trillion?
The plaudits NVIDIA receives seem to have no bounds but they also seem deserved when you look under the surface.
This is a company with a perfect Piotroski score of 9, suggesting rock solid fundamentals. It’s not a surprise, as a result, to discover that a full 30 analysts increased their earnings estimates for the company for the upcoming quarter.
» Read more about: Will NVIDIA Be The First To Hit $10 Trillion? »
Read MoreThe Ivy
1 Coffee Shop Chain Set to Challenge Starbucks
Retail growth stories tend follow predictable patterns of early excitement, rapid growth, and then the inevitable pains of scaling. Every once in a while, though, a company breaks the mold in subtle yet important ways. Dutch Bros might well be that company and arguably is much more than a coffee chain.
Walking into a relatively new location in Phoenix last week,
» Read more about: 1 Coffee Shop Chain Set to Challenge Starbucks »
Read MoreThe Spotlight
Spotlight: Market Crash Incoming?
Some stock market indicators are better than others but have you heard of one being perfect for over a century? If the cyclically adjusted price-to-earnings ratio, better known as CAPE, is to be believed, then the markets could be set for a rocky road this year.
Unlike traditional PE ratios, the CAPE figure factors in inflation and smooths the peaks and troughs of unforeseen or surprising events –