STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Tesla deliveries bounce back but still short of Street estimates

In its most recent quarter, Tesla Inc.'s vehicle deliveries rebounded to 343,830, a new record and turnaround from earlier this year when a shutdown at its China factory and other challenges affected how many vehicles it managed to get into customers' driveways.

3 Investment opportunities other than the tech sector

The potential for global economic growth started weakening even before the Ukraine crisis, and although market uncertainty may have peaked in the first half of 2022, it still remains high.

Bond prices on the rise, sending stocks higher at close of trade

The US stock market ended a week of heavy losses on a positive note Wednesday after bond yields tumbled and left stocks looking more attractive to investors.

Apple's share of the mega-cap market appears unchallenged by Tesla's stock

Of the five biggest US companies by market value, Tesla’s shares are by far the most expensive, yet they’re the only ones whose performance comes close to Apple’s, a rarity for investors in the sector.

Netflix stock surges on Wall Street upgrade and latest blockbuster

Responding to a Wall Street upgrade and news of a new blockbuster hit, Netflix stock rose 7.1% on Wednesday.

Twitter gains on discovery dispute between Elon Musk in latest hearing

Following Tuesday's hearing in a Delaware Court of Chancery between Twitter and Elon Musk related to a discovery dispute, Twitter stock ticked higher, ending the day at $42.09, up 1.4%.

Walmart makes its first Moves into the Metaverse with Roblox Experiences

To target the next generation of shoppers, Walmart is opening a new superstore that comes with all the luxuries - from clothes, a roller skating rink, a Ferris wheel, and now - the metaverse.

Nio Inc. shares climb after Buying Stake in Greenwing Resources

Shares of Nio Inc. are up 2.78% in mid-day trading Monday, following an announced strategic funding transaction with Australian lithium firm - Greenwing Resources.

Hackers access and leaks footage of latest "Grand Theft Auto," says Take-Two

In a securities filing Monday, Take-Two Interactive Software Inc. disclosed hackers broke into the networks of its Rockstar Games Inc. unit, illegally accessing early-development footage of the company's next "Grand Theft Auto" video game.

3 Things to know in this week's markets

Heading into this week's markets, JPMorgan analysts drop COIN price target for December, while Amazon plans a second Prime Day for the first time in one year. Elsewhere, General Motors Co said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks.

Costco remains a haven for consumers, beating estimates in latest earnings report

In its most recent quarter, Costco Wholesale Corp. posted higher sales, with revenues rising 15% to $72.09 billion, the latest indication that the warehouse retailer remains a haven for consumers dealing with ongoing inflation.

Salesforce introduces new profitability goal alongside host of new products

The enterprise software maker, Salesforce, announced a new long-range profitability goal that showed the company's determination to operate more efficiently. At the Dreamforce conference Wednesday, Salesforce introduced a host of new products, including "Genie" and "Slack Canvas."

Hertz announces deal to buy up to 175,000 EVs from GM

Alongside General Motors Tuesday, Hertz Global Holdings Inc. announced a groundbreaking deal that would see the rental company buy up to 175,000 electric vehicles from GM over five years.

FedEx announces unpleasant quarterly results, shares drop most in 40 years

Last week, FedEx surprised investors by announcing its quarterly results sooner than expected, which quickly turned out to be unpleasant. The shipping giant withdrew its full-year guidance and warned its fiscal first quarter would come in well below expectation.

Backed by Peter Thiel, Rumble goes public after merger approval

Following the merger with CF Acquisition Corp. VI, the conservative video network Rumble will become a publicly held company on Monday, with CFVI shares to trade under the ticker symbol 'RUM.'

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