Tesla Inc
One week later – A look at the Trump trades gaining momentum and those that are fading
It’s a good time to check in on how the ‘Trump trade’ is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation weill foster dealmaking, stimulate the economy and support risk assets. The S & […]
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CNBC Daily Open: Best to stay prudent even in the postelection afterglow
Traders work at the New York Stock Exchange (NYSE), Friday, November 8, 2024. Source: NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you […]
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Elon Musk is no Kissinger, but may help improve U.S.-China relations, experts say
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images Elon Musk’s relationship with Donald Trump has fueled expectations that he could soften the U.S. President-elect’s policy stance toward Beijing, but experts caution against putting too much stock into the Tesla CEO. The billionaire […]
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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 […]
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Stocks making the biggest moves midday: AbbVie, Tesla, Cigna, Morgan Stanley and more
Check out the companies making headlines in midday trading. Tesla — The electric vehicle stock popped 7% to build on last week’s 29% gain as investors bet that a Trump administration would fare well for the company and CEO Elon Musk. AbbVie — Shares tumbled 12% after the pharmaceutical company said its experimental schizophrenia drug […]
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Wedbush’s Dan Ives raises Tesla price target to $400, says Trump win is a ‘gamechanger’
Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300. This new forecast signals about 25% upside from Friday’s close. Ives cited Donald Trump’s […]
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Tesla shares pop 8% as postelection rally continues
Elon Musk embraces Republican presidential nominee and former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares popped roughly 8% on Monday, continuing to ride a postelection rally as President-elect Trump, closely allied with CEO Elon Musk, […]
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GM’s Wall Street vindication is happening as it outperforms its peers in 2024
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall […]
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Stocks making the biggest moves premarket: Tesla, Coinbase, Cisco Systems and more
Check out the companies making headlines before the bell. Tesla — The electric vehicle stock popped 7% and looked poised to build on last week’s 29% surge. The Elon Musk-run company has rallied on the heels of Donald Trump’s presidential victory, topping $1 trillion in market value on Friday as investors bet the company will […]
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CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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