What Wall Street Analysts Think About Tesla Stock Ahead of the Robotaxi Event

What Analysts Expect from Tesla’s Stock Ahead of Robotaxi Event Tesla’s robotaxi event on Thursday could unveil an autonomous taxi demo and product updates. Analysts remain split on Tesla stock, with 9 buys, 7 holds, and 3 sell ratings among 19 analysts. The event and Q3 financial results could be key catalysts for Tesla’s stock. […]

S&P 500 Falls as Insurance Stocks Drop, Super Micro Soars on AI Demand

S&P 500 Falls as Insurance Stocks Drop, Super Micro Soars on AI Demand S&P 500 fell 1% on Monday as Hurricane Milton intensified in the Gulf of Mexico. Insurance stocks were hit hard, while Super Micro Computer (SMCI) soared on AI-driven demand. Oil prices surged, adding to the stock market downturn as rate-cut expectations dimmed. […]

Could Surging Oil Prices Impact Stock Market’s Record Run?

Could Surging Oil Prices Impact Stock Market’s Record Run? Oil prices surged over 10% in the past week amid escalating Middle East tensions. Despite rising oil prices, the stock market continues its strong performance, with the Dow Jones closing at a record high last week. Analysts believe the global growth outlook remains steady, keeping inflationary […]

DocuSign, MDU Resources Surge on S&P Global Index Changes

DocuSign and MDU Resources Stocks Rise After S&P Global Index Changes DocuSign (DOCU) and MDU Resources Group (MDU) shares surged following news of S&P Global index changes. DocuSign will join the S&P MidCap 400, while MDU will move to the S&P SmallCap 600. These changes will take effect before the market opens on Friday. Shares […]

Dow Jones Rises as Nvidia Leads Tech Surge, Oil Prices Plunge

Dow Jones Rises as Nvidia Leads Tech Surge, Oil Prices Plunge Major indexes rise as Nvidia and other large-cap tech stocks gain. Crude oil prices drop nearly 5%, reversing recent gains. Investors await key inflation data and Fed interest rate decision clues. Stocks surged in midday trading on Tuesday, with major indexes recovering from the […]

Ethereum, TRON Dominate Stablecoin Market with $144B and 84% Share

Ethereum and TRON Dominate Stablecoin Market with $144B in Value and 84% Market Share Ethereum and TRON hold a combined 84% market share in the stablecoin space, according to CoinGecko. The two blockchain networks collectively have $144.4 billion in stablecoins as of September 2024. Ethereum leads with $84.6 billion in stablecoin supply, followed by TRON […]

Bitcoin Rallies as Powell Signals More Rate Cuts, Poodlana Eyes ‘Uptober’ Gains

Bitcoin Rallies as Powell Signals More Rate Cuts, Poodlana Eyes ‘Uptober’ Gains Bitcoin surges following comments from Fed Chair Jerome Powell about upcoming rate cuts. Poodlana (POODL), a Solana-based meme coin, is set for potential gains in the expected “Uptober” rally. The crypto market recovers after a brief dip, with analysts eyeing further upside momentum. […]

Google’s $3B Investment in Malaysia to Create 26,500 Jobs by 2030

Malaysia to Gain $3B in GDP and 26,500 Jobs from Google Investments by 2030 Alphabet Inc. (GOOGL) expects to add $3 billion to Malaysia’s GDP by 2030 through its investments. These investments will also create 26,500 jobs in the country. Google is positioning Malaysia as a hub for cloud and AI services. Alphabet Inc. (NASDAQ: […]

Samsung to Cut Thousands of Jobs Globally Amid Struggles in AI Market

Samsung to Cut Thousands of Jobs Globally Amid Struggles in AI Market Samsung Electronics is planning to slash thousands of jobs globally, targeting Southeast Asia, Australia, and New Zealand. The layoffs could affect up to 10% of employees across various subsidiaries. Samsung’s struggles in the AI and chip markets are driving the workforce reductions. Samsung […]