Tesla (TSLA -4.56%) shares have been soaring since the U.S. election in early November. But as the trading week comes to a close, the stock is on track to have its second consecutive losing day.As of 12:35 p.m. ET Friday, Tesla shares were down 4.3%. Yet, they have still soared by 70% over the past three months. Most of that gain has come after Donald Trump won the U.S. presidential election with backing from Tesla CEO Elon Musk.Tesla needs a record fourth quarterThe pause in the rally is coming as we appro ...

"We're in an asset bubble, and TQI can help you navigate it profitably"I am Ahan Vashi, a seasoned investor with professional background in equity research, private equity, and software engineering. I currently serve as the Chief Financial Engineer at The Quantamental Investor, a community pursuing financial freedom through bold, active investing with proactive risk management. TQI was established in July 2022 with a singular mission to make investing simple, fun, and profitable for all investors. In alignm ...

Stock Performance - Ingles Markets shares fell 1.2% to $65.51 in pre-market trading [2] - Viemed Healthcare shares dipped 6.7% to $7.62 in pre-market trading after gaining 2% on Thursday [3] - Evotec SE declined 6.6% to $4.56 in pre-market trading following a 2% decline on Thursday [3] - Nabors Energy Transition Corp II fell 6.3% to $10.11 in pre-market trading [3] - Third Harmonic Bio fell 4.8% to $10.31 in pre-market trading [3] - American Public Education shares declined 4.7% to $21.26 in pre-market trading [3] - MINISO Group Holding fell 3% to $24.37 in pre-market trading [3] - American Coastal Insurance dipped 2.6% to $13.30 in pre-market trading [3] - Tesla shares slipped 0.7% to $451.12 in pre-market trading after declining around 1.8% on Thursday [3] Financial Results - Ingles Markets reported net sales of $1.40 billion for the recent quarter, down from $1.58 billion in the year-ago period [4] Market Overview - U S stock futures were lower this morning, with the Dow futures falling more than 100 points on Friday [6]

The most recent trading session ended with Tesla (TSLA) standing at $454.13, reflecting a -1.76% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.04%. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw a decrease of 0.05%.Coming into today, shares of the electric car maker had gained 38.87% in the past month. In that same time, the Auto-Tires-Trucks sector gained 20.36%, while the S&P 500 gained 1.05%.Investors will be eage ...

A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | ReutersDespite General Motor's decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as the year that at least one major U.S. player -- Alphabet-owned Waymo -- saw glimmers of mainstream adoption and made strides toward commercial viability.That came after a ...

The CNN Money Fear and Greed index showed a further easing in the fear level, while the index remained in the “Fear” zone on Tuesday.U.S. stocks settled higher on Tuesday, with the S&P 500 jumping over 1% on Christmas Eve. Shares of Tesla Inc TSLA gained more than 7%, while Nvidia Corp NVDA edged higher by 0.4% during the session.The New York Stock Exchange closed early Tuesday for Christmas Eve and was also shut on Wednesday for Christmas Day.On the economic data front, the U.S. Redbook index increased 5.9 ...

Tesla could be a powerful AI company in the future. However, the companies already leading in AI might be better buys instead.Tesla (TSLA 7.36%) is evolving beyond electric vehicles (EV) to become a bonafide artificial intelligence (AI) company. Its plans for an autonomous Robotaxi fleet and its work in humanoid robotics could eventually make it, as CEO Elon Musk believes, the world's most valuable company.The problem is that time hasn't come yet. Tesla stock has soared nearly 70% this year. Yet its autonom ...

Tesla (TSLA 4.89%) stock investors received an early Christmas gift from Hyundai (HYMTF -7.03%) this morning: at least 112,000 new potential customers for its Supercharger electric car charging system.Tesla stock is up 4.5% through 10:45 a.m. ET on the news.Details, pleaseTesla spent the bulk of 2023 reporting a series of alliances with other carmakers around the world, in the form of announcements that these other carmakers -- Hyundai, Honda, GM, Ford Motor Company, and others -- would switch their electri ...

Tesla's (TSLA) shares were among the S&P 500's top gainers Tuesday morning as the Magnificent Seven big tech stocks rose on Christmas Eve.  Shares of the EV maker were recently up more than 4%, making them the second-best performer in the benchmark index—second only to Super Micro Computer (SMCI). Other "Mag 7" stocks also rose this morning, a holiday-shortened session that comes ahead of a day off tomorrow and kicks off the Santa Claus Rally period. The major indexes were rising this morning, led by the N ...

In August this year, I voiced a negative opinion on Tesla, Inc. (NASDAQ: TSLA ) stock, arguing that I see a “weak AI promise on top of a struggling EV business.” Since the publication of the article, Tesla shares haveExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend of Investor ExpressAnalyst’s Discl ...