Tesla stock tanks over 6% ahead of Tuesday’s earnings as analyst cuts price target
Tesla shares dropped about 6% in early trading Monday to roughly $225, with broader US markets also under pressure.
The Dow fell 454 points, or 1.2%, while the S&P 500 declined 1.4% and the Nasdaq slid 1.8%.
Investors continue to monitor tariffs, protests, and upcoming earnings,
Read MoreYou Can Buy Energy Transfer, but You'd Be Better Off With This High-Yield Stock
In the constellation of energy stocks today, Energy Transfer (NYSE: ET) is a standout, offering investors a lofty 7.7% yield.
» Read more about: You Can Buy Energy Transfer, but You'd Be Better Off With This High-Yield Stock »
Read MoreWall Street and the dollar tumble as investors retreat further from the United States
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — U.S. stocks are tumbling Monday as worries about President Donald Trump’s trade war and his criticism of the Federal Reserve cause investors pull further from the United States.
The S&P 500 was 2.1% lower in morning trading and nearly 16% below its record set two months ago.
Read MoreUS Stock Markets Live: Dow Jones Futures decline 0.77% in today's session
* Dow Jones is at 38,756.24, down 0.99%.
* Nasdaq is at 16,061.70, down 1.38%.
* S&P 500 is at 5,225.17, down 1.09%.
- Nasdaq closed at 16,286.45, down 0.13%.
- S&P 500 closed at 5,282.70, up 0.13%.
» Read more about: US Stock Markets Live: Dow Jones Futures decline 0.77% in today's session »
Read MoreAre these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
Investing in mutual funds for retirement is never too late. And the Zacks Mutual Fund Rank can be an excellent tool for investors looking to invest in the best funds.
The easiest, most reliable way to judge a mutual fund’s quality over time is by analyzing its performance,
» Read more about: Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio? »
Read MoreThe Burst
Which AI Stock Is Best: NVIDIA or SMCI?
Artificial intelligence has been a driving force behind the U.S. stock market’s 20% plus rise in the past year. However, now that datacenters and AI chips are being implemented at scale, earnings releases are being scrutinized even more heavily to see if the massive investments will yield the promised returns.
No stock has exemplified the AI boom more than NVIDIA (NASDAQ: NVDA).
» Read more about: Which AI Stock Is Best: NVIDIA or SMCI? »
Read MoreThe Ivy
4 Stocks Behind Bill Gates $45 Billion Portfolio
The Bill & Melinda Gates Foundation is a philanthropic powerhouse that lists among its accomplishments the total eradication of two types of polio virus, improving agricultural outcomes in impoverished countries and delivering health services to millions worldwide.
Making these initiatives possible is a $45 billion investment portfolio that generates the money needed to fund the foundation’s efforts.
» Read more about: 4 Stocks Behind Bill Gates $45 Billion Portfolio »
Read MoreThe Spotlight
Spotlight: Unicorn Stock Is Envy of Fintech
Earlier in the week we covered a stock that had both impressive revenue growth and a handsome dividend, a rare combination that is hard to find in any industry. The stock was United Healthcare and it had a ten year history of growing year-over-year revenues in each quarter.
That inspired us to find other companies that are also growing yet pay a handsome dividend.
» Read more about: Spotlight: Unicorn Stock Is Envy of Fintech »