Donald Trump’s victory in the 2024 presidential election has helped Tesla Inc. (NASDAQ: TSLA) stock rocket thanks to the political alliance between the Republican President-Elect and Elon Musk.However, the enthusiasm may have obfuscated the impact of what appears to be trouble brewing on the horizon. Specifically, Tesla vehicle sales in China in October were lower than in any month since before July 2024.Specifically, in October, Elon Musk’s electric vehicle (EV) maker shipped 40,485 Model Ys and Model 3s. ...

In a somewhat unexpected turn of events, not only did both President-Elect Donald Trump and Tesla Motors (NASDAQ: TSLA) make major comebacks in 2024, but the two also proved surprisingly interlinked – one with a return to office, the other with a stock price resurgence. As Trump's victory odds were improved once Elon Musk endorsed the Republican – and, possibly, once he made a contentious offer of $1 million per day to Pennsylvania voters – so did TSLA's share price explode once the former president was re- ...

Tesla’s stock (NASDAQ: TSLA) is soaring in reaction to Donald Trump’s election win, raising questions about the long-term performance of the equity given that CEO Elon Musk has close ties to the president-elect.Trump’s win boosted TSLA when the stock retraced gains made after the better-than-expected Q3 earnings. By the end of the latest trading session, the electric vehicle maker’s share price was valued at $288.53, up almost 15% for the day. This increase has turned Tesla positive year-to-date, with the e ...

Nvidia’s (NASDAQ: NVDA) growth in the last 24 months ensured that the stock has been a definitive buy in late 2022 and late 2023, as it would have enabled investors to benefit from subsequent rallies fully.NVDA shares’ remarkable performance through 2024 also indicates that, as the markets move toward 2025, the semiconductor giant is once more well worth buying.Indeed, though Nvidia’s stock lost momentum following the June 10-for-1 stock split, more recent trading saw it rebuild the upsurge.  With NVDA pric ...

Online commerce titan Amazon (NASDAQ: AMZN) has proven to be more resilient than most of its big tech peers. In the week spanning the tail end of October and the beginning of November, numerous companies belonging to the ‘magnificent seven’ reported earnings. Even accounting for decent, double-digit growth, most have seen share prices decline due to concerns about the profitability of high AI spending.Jeff Bezos’s primary venture hasn’t experienced that, however — since the company’s Q3 2024 earnings call o ...

President-Elect Donald Trump has been widely regarded as the more pro-business candidate in the 2024 elections, and his victory is widely expected to bring continued stock market gains. It is also hoped to bring economic prosperity and rejuvenation to the country.Despite such an attitude being common, not all companies are likely to benefit from the second Trump presidency, as one of his campaign pledges was the revitalization of the American manufacturing sector through high tariffs.Additionally, the Repub ...

Core Insights - Reddit (NYSE: RDDT) had its IPO on March 21, with shares opening at $50 and currently trading at $124.62, reflecting a 70.25% monthly rally and 147.06% year-to-date returns [2] - The stock experienced a significant price swing following a strong Q3 2024 earnings report, rising 49.95% from a previous low of $81.74 [3] - Insider selling, including a recent $9.3 million trade by CEO Steve Huffman and a sale of 5,000 shares by board member Gale Mary Porter, raises concerns about the stock's long-term prospects [3][4] Company Performance - RDDT shares have shown resilience in the competitive social media market, maintaining a positive trajectory since the IPO, with notable price increases in recent months [2] - The stock's performance has been characterized by volatility, with mixed sentiment regarding its ability to sustain high valuations [3] Insider Trading Activity - Gale Mary Porter sold 5,000 shares at an average price of $114.4, totaling $572,000, which may indicate a strategic profit-taking move [4] - The sale was not conducted under a 10b5-1 plan, attracting regulatory scrutiny, although Porter still holds 46,309 shares, suggesting a lack of strong bearish sentiment [5]

With Donald Trump reclaiming the White House for a second term, a Wall Street analyst has noted that the win could be bullish for Tesla (NASDAQ: TSLA).Tesla is particularly a key area of focus for Wall Street, given CEO Elon Musk’s role in the Republican candidate’s reelection campaign.In this case, Wedbush Securities analyst Dan Ives has revised his outlook for Tesla, forecasting a potential increase in the automaker’s stock price due to specific advantages the company may gain under the new administration ...

For years, the technology sector has been seen as the surest way to generate major returns quickly. Even looking at a metric as simple as the market expitalization of the biggest firms in the world, the truth behind the idea becomes apparent. Top 9 companies by market cap on November 5, 2024. Source: CompaniesMarketCap Out of the cight companies that, at press time, have a valuation greater than $1 trillion, all save for the Saudi Arabian Oil Company are numbered in the ranks of big tech. | --- | --- | --- ...

As 2025 approaches, investors are increasingly turning to reliable dividend stocks that offer both steady income and growth potential. Chevron (NYSE: CVX) and Verizon (NYSE: VZ) stand out in this regard, thanks to their attractive yields, consistent dividend growth, and sound financial strategies. With Chevron navigating the complexities of the energy sector and Verizon making strategic moves in the telecom space, both companies are well-positioned to deliver strong returns for dividend-focused portfolios i ...