The benchmark S&P 500 is down about 4% from its December record high as weak Tesla vehicle deliveries and iPhone discounts in China spooked investors to start 2025.
Classified as one of the FAANG stocks, encompassing Facebook (now Meta), Apple, Amazon, Nvidia and Google, Apple is also deemed one of the "Magnificent Seven" large cap tech stocks with big
Apple has long been working on the next generation ... The fact that we didn't get any of the above in 2024 hardly surprised anyone, given that Tesla CEO publicly said they're all coming in ...
Friday’s edition of Forbes Daily covers the S&P 500’s losing streak, Greyhound’s turnaround, ‘a mirage’ at Carvana, 2024’s top career crashes and comebacks and more.
The Xpeng G6 is like a Tesla Model Y with the benefit of hindsight, bettering its big rival in many key areas especially quality and comfort. It shows that Xpeng could be Tesla’s biggest challenger ye
For the first time ever, Tesla has reported a decline in deliveries, causing stock prices to dip.
The weakness in the megacap stocks of Tesla and Apple weighed on the broader market. Tesla fell more than -6% Thursday after it reported fewer than-expected Q4 auto deliveries. Also ...
Apple has long been working on the next generation ... Well, it certainly won't happen in 2024. Tesla's cheaper car, Robotaxi, and unsupervised FSD The fact that we didn't get any of the above ...
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week earlier.
Stocks kicked off the first trading day of the year by opening higher, only to see the gains erased as the day wore on.
Tesla stock took a dive in morning trading on Thursday after the company announced lower figures than expected for deliveries and fourth-quarter production.
Even though Tesla stock soared last year because of the potential of its FSD technology, EV sales still account for 79% of the company's revenue. Therefore, if this part of its business isn't performing, it becomes hard to justify further upside in its stock price (more on that later).