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Dow Jones Extends Record Highs, Silver Hits $80: Markets Today - American International Gr (NYSE:AIG), Albemarle (NYSE:ALB)
Benzinga· 2026-01-06 18:25
Market Performance - Wall Street started 2026 positively, with large-cap indexes showing gains for three consecutive sessions, particularly the Dow Jones Industrial Average, which rose nearly 1% and reached record highs [1] - Major US indices performed as follows: Nasdaq 100 increased by 0.9%, S&P 500 by 0.6%, Dow Jones by 0.9%, and Russell 2000 by 0.2% [6] Commodity Prices - Gold prices rose for the third session, up 0.9% to $4,490 per ounce, while silver surged over 5% to exceed $80 per ounce due to supply shortages [2][1] - Copper prices increased by 1% to $6.07 per pound, setting new record highs [2] Mining and Memory Chip Stocks - Mining stocks gained alongside rising bullion prices, with the VanEck Gold Miners ETF and Global X Silver Miners ETF both up 3.7% [2] - Memory chip stocks saw significant increases: Sandisk Corp. rose by 24.6%, Western Digital Corp. by 15.8%, and Seagate Technology by 12.4%, driven by expectations of rising memory prices amid a global supply crunch [3] Company-Specific Movements - Albemarle Corp. shares increased by 10.7% after Jefferies raised its price target, citing stronger long-term demand related to energy storage and electric vehicles [3] - Tesla Inc. experienced a decline of over 4%, marking its eighth drop in nine sessions due to competitive pressures in the robotaxi market and market share losses in Europe [4] - Energy stocks lagged, with the Energy Select Sector SPDR Fund dropping 2.1% and Chevron Corp. falling nearly 4% after a previous rally [5] ETF Performance - The Vanguard S&P 500 ETF rose by 0.5% to $635.34, while the SPDR Dow Jones Industrial Average ETF increased by 0.9% to $493.63 [7] - The Materials Select Sector SPDR Fund outperformed, rising by 2.0%, contrasting with the Energy Select Sector SPDR Fund, which lagged [7]
Ford axed major EV plans, and these latest numbers show why
MarketWatch· 2026-01-06 18:04
Ford's hybrids are more popular than ever, but the company has struggled to find momentum in EVs. ...
Will Buying a Tesla Save Car Owners Big Money in 2026?
Yahoo Finance· 2026-01-06 18:00
Now that we are officially in 2026 and following recent EV incentive changes under Trump’s “One Big Beautiful Bill” Act (OBBBA), U.S. car buyers are wondering if an electric vehicle (EV), such as a Tesla, will truly save them money. Find out below. How Does Trump’s OBBBA Change EV Tax Incentives? Trump signed OBBBA in 2025, making big changes to the incentives for buying EVs in the US. Basically, it eliminates the previous $7,500 federal EV tax credit and replaces it with a new vehicle loan interest dedu ...
Is Norway the Silver Lining That Tesla Stock Needs in 2026?
Yahoo Finance· 2026-01-06 17:58
Group 1: Market Performance - Tesla's December registrations in Norway increased by 89% year-over-year to 5,679 units, capturing a 19.1% share of the Norwegian car market in 2025, marking the fifth consecutive year as the top-selling carmaker in the country [1] - Tesla's stock is down by 5% over the past month but has gained 5% over the past 52 weeks and 37% over the past six months, despite a 13% decline from its 52-week high of $498.83 reached in late December [4] Group 2: Production and Deliveries - Tesla's total production for Q3 of fiscal 2025 dropped by 5% year-over-year to 447,450 units, with a 2% decline in Model 3/Y production and a 56% decline in other models [6] - Record deliveries of 497,099 units were achieved in Q3, up 7% year-over-year, primarily driven by the core Model 3/Y, while deliveries of other models declined [6] Group 3: Company Overview - Tesla is headquartered in Austin, Texas, and leads in electric vehicle innovation through its global gigafactory manufacturing network, producing vehicles like the Model 3, Model Y, and Cybertruck, along with energy solutions [2][3] - The company is focusing on scaling Cybertruck production at Giga Texas and enhancing AI-driven robotics, while also expanding its Supercharger network and integrating solar energy [3] Group 4: Valuation and Market Challenges - Tesla's forward price-to-earnings multiple is currently 251 times, significantly higher than the industry average, indicating a high valuation [5] - The company faces growing challenges from market saturation and policy shifts, leading to intensified global competition and a more contested landscape [4]
GM Tops US Auto Sales in 2025 Despite Q4 Dip: Time to Buy the Stock?
ZACKS· 2026-01-06 17:51
Key Takeaways General Motors led U.S. auto sales in 2025, lifting deliveries 5.5% to 2.85 million vehicles.GM extended full-size pickup leadership, sold 940,000 units, and ranked No. 2 in U.S. EV sales.Fourth-quarter sales fell 7%, but GM expects resilient demand in 2026 despite EV normalization.General Motors (GM) once again emerged as the top-selling automaker in the United States in 2025. Full-year deliveries rose 5.5% to 2.85 million units, driven by gains across all major brands — Chevrolet, Cadillac, ...
Under The Radar ETFs I like More Than Vanguard and Fidelity’s Options
Yahoo Finance· 2026-01-06 17:48
Nuthawut Somsuk / iStock via Getty Images 2025 was the year of exchange-traded funds, and I strongly believe the momentum will continue throughout 2026. Investors are flocking to ETFs to handle market uncertainties, and if you’re on the search for a well-diversified ETF but want to look beyond the obvious, there are several ETFs that will fit the bill. The classic Vanguard and Fidelity offer various ETFs, but it is time to look beyond them. Fear not, there are a good number of ETFs that can offer an ide ...
FTSE hits new record as global markets edge higher
Yahoo Finance· 2026-01-06 17:44
Market Performance - The Dow Jones Industrial Average reached a new record high of 49,221.13 points, driven by gains in companies like Chevron and Amazon [5][7][62] - The FTSE 100 closed at a fresh high of 10,122 points, supported by strong performances from pharmaceutical companies such as AstraZeneca and GSK [4][6][46] - Global stock markets are experiencing a rally following the political changes in Venezuela, with significant optimism among investors [5][6][55] Sector Trends - Classic sectors such as finance, pharmaceuticals, and energy are regaining popularity among investors, contrasting with the tech sector that dominated in previous years [2][3] - Oil companies saw a temporary surge in stock prices after discussions about potential US subsidies for private sector exploration in Venezuela [3][46] - The price of copper hit a new high of $13,387 per tonne, influenced by supply concerns due to potential tariffs on imports [4][14][49] Investment Opportunities - Hedge funds and asset managers are preparing to invest in Venezuelan assets, including debt and stocks, following the political upheaval [58] - There is a potential for US oil companies to significantly increase production in Venezuela, with projections suggesting a rise from 800,000 barrels per day to 2.5 million within a decade [27][51] - Venezuelan government bonds have stabilized after a sharp rally, indicating improved market sentiment regarding potential debt restructuring [32][34]
Hesai Gains As Nvidia Selects Its Lidar For Self-Driving Stack
Benzinga· 2026-01-06 17:30
Core Insights - Hesai Technology has been selected by NVIDIA as a lidar partner for the DRIVE AGX Hyperion 10 platform, which is aimed at accelerating the development of Level 4-capable vehicles [1][2]. Group 1: Partnership and Technology - Hesai's lidar technology will be integrated into an open, production-oriented architecture that automakers and developers can utilize to create and validate autonomy-ready systems [2]. - The Hyperion 10 platform combines various sensing modalities, including cameras, radar, lidar, and ultrasonic sensors, into a unified setup for enhanced perception and safety development [2][3]. - NVIDIA's platform is powered by two DRIVE AGX Thor systems-on-a-chip, delivering over 2,000 FP4 teraflops of processing power for real-time, 360-degree sensor fusion [3]. Group 2: Product Features and Applications - Hesai will support the Hyperion 10 platform with its ETX ultra-long-range lidar, designed for Level 3 and Level 4 applications, featuring high resolution and options for clean vehicle integration [3]. - The company is also expanding into new sensing use cases, including 3D motion capture technology, indicating a broader focus on spatial data and real-time perception beyond the automotive sector [4]. Group 3: Market Performance - Hesai's stock was trading higher by 1.67% at $27.08 at the time of publication, reflecting positive market sentiment following the announcement [4].
Lucid, Uber and Nuro unveil premium robotaxis, begin testing in San Francisco Bay Area
Proactiveinvestors NA· 2026-01-06 17:26
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Tesla Just Missed Delivery Estimates Again. How Should You Play TSLA Stock in 2026?
Yahoo Finance· 2026-01-06 17:21
Tesla (TSLA) shares rose slightly on Jan. 5, but it was not easy to overlook the company's fourth-quarter deliveries reported on Jan. 2. The company was responsible for 418,227 units delivered during the December quarter, missing Wall Street expectations and experiencing a 16% year-over-year (YOY) decline. For a company valued for flawless execution, another mishap was bound to increase investor attention. Taking a wider view, the story was much the same for 2025. Tesla produced around 1.65 million units ...