S & P and Nasdaq end 6 consecutive declines! Will there be a rebound this week?
On April 23rd local time, the three major US stock indexes collectively rose. The Dow Jones rose 263.71 points, or 0.69%, to 38,503.69 points; the Nasdaq rose 245.33 points, or 1.59%, to 15,696.64 points; and the S & P 500 rose 59.95 points, or 1.20%, to
Published on 2024-04-25
General Motors' financial report exceeded market expectations, and its stock price rose. Is now an i
General Motors (GM.N), opens new tab on Tuesday posted quarterly results that topped Wall Street targets and the automaker raised its annual forecast, citing stable pricing and demand for gasoline-engine vehicles, and its shares rose 4.4%.
Published on 2024-04-25
Musk makes a big move, Tesla's after-hours financial report surges 13%! How should we view Tesla's i
Tesla (NASDAQ:TSLA) shot up in postmarket trading, despite posting a sharp drop in Q1 revenue, deliveries, margins, and EPS from a year ago. Investors seem to be latching on to the company's commitment to launch a more affordable model that can be produce
Published on 2024-04-24
U.S. Stocks Continue to Decline, Market Pressure Mounts, How Should Investors Respond?
As of the close on April 17, the three major U.S. stock indexes collectively fell, with both the NASDAQ and S&P 500 falling for the fourth consecutive day, marking the longest streak since January this year. In fact, the performance of U.S. stocks in 2023
Published on 2024-04-23
AI Boom Fizzling Out? Super Micro Plummets 23% Among 'Tenfold Stocks in One Year': What Should Inves
Last Friday, the "tenfold stock in one year" Super Micro Computer (SMCI) plummeted over 23%, hitting a new low for the past two months. Alongside it, Nvidia also fell by 10%, sparking a panic sell-off in AI stocks.
Published on 2024-04-22
U.S. Stocks Plunge on Friday, Which Stocks Can Survive Adversity?
Last week, under the influence of geopolitical risks and diminishing expectations for interest rate cuts, U.S. stocks experienced a significant pullback. The S&P 500 index fell by 3%, marking the largest weekly decline since October last year. Capital flo
Published on 2024-04-22
NVIDIA's Collapse? Plunges 10%! Who's to Blame? Can NVIDIA Bounce Back, Should Investors Buy the Dip
After six consecutive trading days of gains, accumulating an increase of over 19%, NVIDIA's stock price finally plummeted, marking its largest single-day drop in nine months.
Published on 2024-04-22