About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will

Wall Street Brunch: Biden Drops Out

04:16pm, Sunday, 21'st Jul 2024
Biden drops out of presidential race, endorses Kamala Harris. Tesla to report earnings, focus on AI and robotaxi initiatives.
Second-quarter earnings reporting season is heating up, with much of the action likely hitting markets on Tuesday, when both electric-vehicle maker Tesla Inc. and Google parent Alphabet Inc. — two M
Enphase could be turning the corner, but there remains a great deal of uncertainty. 2024 will likely be a trough year for design and test solutions company Keysight Technologies.
Second-quarter earnings season continues with Verizon, Alphabet, Coca-Cola, Comcast, General Motors, Tesla, Visa, AT&T, Chipotle, and Newmont.
New U.S. EV registrations rose nearly 10% in recent data. New May EV registrations accounted for 7.5% of light vehicles, an increase from 6.8% in the prior year.
Overvalued stocks typically trade at a price higher than their intrinsic value due to factors like high growth. However, they can be more volatile if their prices are driven by market speculation and
As investors look forward to rate cuts in the second half and going into 2025, perhaps those riskier high-multiple technology companies, such as Cathie Wood stocks, that don't stand to make huge profi
Tesla has promoted its gigacasting manufacturing method as a path to cheaper, lighter EVs. Rivals such as Volvo are also investing, but it's not without risks.

Mag 7 Earnings: 2 Reports Coming This Week

09:31pm, Friday, 19'th Jul 2024
Earnings season kicks into a much higher gear next week, with many notable companies scheduled to report, including the two Mag 7 members Alphabet and Tesla.
Tesla (TSLA) will report its latest quarterly report on Tuesday, July 23 after the closing bell with investors patiently awaiting any news on its robotaxi product. The adoption of the technology has b

Big Tech Earnings Loom: What to Expect

06:36pm, Friday, 19'th Jul 2024
Many in the market are looking to the two members of ‘the Magnificent 7' who report quarterly results this week to help reverse the stock market's recent weakness.
It's Tesla earnings week, joined by Alphabet, GE Aerospace and a half dozen Dow Jones stocks. Key inflation data is also on tap.
I upgraded Tesla, Inc. stock to “Strong Buy” in May 2024, and the stock price has surged by over 32% since then. Challenges include declining production/deliveries and delay of the Robotaxi event.

Gareth Soloway on NVDA, TSLA, Bitcoin

04:18pm, Friday, 19'th Jul 2024
On the recent pullback in tech, "This is the beginning of something bigger" says Gareth Soloway. He dissects the technical picture for Nvidia (NVDA), Tesla (TSLA) and looks at potential catalysts in B
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