Tesla Stock Keeps Falling. Even Some Bears Think It’s Dropped Enough.

Tesla investors have endured a brutal stretch thanks to, well, everything. The stock, though, may be close to a bottom now. Even Tesla bears are getting more bullish. In a Tuesday research note, Bernstein analyst Toni Sacconaghi called the risk/reward equation in Tesla (ticker: TSLA) stock more balanced at current levels. All analysts and investors, … Read more

U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets

U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue inflation. How stocks traded The Dow Jones Industrial Average DJIA, -1.45% finished down by 497.57 points, or 1.5%, at 33,849.46, not far from … Read more

XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.

Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eight times estimated earnings. Shares of Chinese EV maker XPeng (ticker: XPEV) are now one of the most controversial EV stocks, supplanting even Tesla … Read more

Stocks Are Clawing Their Way Back. Consider These Moves for 2023.

Stocks Are Clawing Their Way Back. Consider These Moves for 2023.

Oil Stocks Rally Despite Falling Prices. Why People Are Buying.

A unique phenomenon has been playing out in the oil market: Oil stocks have risen 5% in the past month even as the price of oil has fallen 9%. The divide could mean that oil stocks are set for a downward reversion, because they’ve outpaced the price of the commodity by too much. But some … Read more

Medtronic stock falls after profit beats expectations but revenue misses, and outlook is downbeat

Shares of Medtronic PLC MDT, +1.22% dropped 2.4% in premarket trading Tuesday, after the medical devices maker reported fiscal second-quarter profit that topped expectations but revenue that missed and provided a downbeat full-year outlook, citing weakness in procedure volumes in certain businesses and the pricing impact of procurement in China. Net income for the quarter … Read more

Electronic Arts and 4 Other Stocks With the Potential to Rise 10 Times in Price

Barron’s recently published a breakdown of the best sectors to look for stocks that will increase tenfold in price—or ten-baggers—and technology led the way. New research takes that a step further and identifies five companies with potential to produce those returns.

GM Has a New Business: Fixing Tesla EVs.

General Motors said something surprising at its investor day in New York City on Thursday. Fixing Teslas is a growing business for the 114 year-old auto maker. That’s right. GM (ticker: GM) dealers are fixing Teslas. Since 2021, GM dealers have fixed more than 11,000 electric vehicles from Tesla (TSLA), according to GM President Mark … Read more

Alibaba and JD.com Stocks Are Rising. Don’t Thank Singles Day Sales Results.

Alibaba and JD.com stocks were rising on Monday, but the price action didn’t seem to be driven by sales results from the closely-watched annual Singles Day event. Alibaba (ticker: BABA) was up 2.5% in U.S. premarket trading, with shares in e-commerce peer JD.com (JD) gaining 3.5%, beating out futures tracking both the S&P 500 index … Read more

Stocks Surged on an Inflation Reading. But the Bear Market Isn’t Over.

Investors finally got the inflation reading they were looking for, and are likely to get a split government for the next two years. That combination propelled stocks to their best weekly showing since June. On Friday, the S&P 500 even briefly crossed the 4,000 threshold, a level it hadn’t breached in two months. The S&P … Read more