The TSLA stock gained momentum on Monday as Musk promises to deliver Model S Plaid by March 2022. Tesla competitor Rivian faces major challenges on battery range for its all-electric Rivian vans.
Fed Chairman Jerome Powell will be continuing for the next tenure as per the White House announcement. On Monday, the Treasury Yields soared while tech stock came under pressure.
Some of the tech firms’ stocks that emerged as giants in their initial public offerings (IPOs) saw a dive as the week started on the 22nd of November.
Following the completion of its first orbital launch in the US space, shares of Astra Space have surged.
Ahead of Thanksgiving Day 2021, US stocks indices are showing early signs of optimism and market futures surge northwards on Monday’s morning trade.
About 44% of Weibo’s stake belongs to the Chinese technology company Sina Corporation. In addition, Alibaba Group Holdings is the second-largest shareholder, owning around 29.6% stake in the company.
Yesterday, APPL stock closed 2.85% up. At the time of writing, Apple shares were slightly down.
Figures show that Alibaba shares earnings fell below analysts’ expectations for its latest quarterly report as China continues to recover.
PayPal shares dipped 4.36% after Bernstein downgraded its status due to rising competition that could possibly disrupt its market.
The anticipation of a booster shot approval has sent Moderna shares up.
Despite this drop, the company still has a higher market value than other giants in the motor industry.
With the Apple business likely to experience strain in the coming years, analysts are curious about the exact impact on Qualcomm’s revenue.
The impressive earnings report has uplifted Home Depot’s stock which climbed 2% in pre-market trading to $378.50. As the market opened, the stock is trading at $387.52 (+4.43%).
As of the time of writing, there is no indication that Elon Musk will make good on his promise to liquidate some of his Tesla shareholdings.
Lucid stock has gained approximately 362%, and 348% in the past year and YTD respectively through Monday.