Gold prices hit a seven-week high on Friday due to a soft dollar and rising safe-haven demand. Meanwhile, silver continued to hit record highs as the price inched up to $64 per ounce for the first time ever. Oil prices were largely flat after spending most of the day in the red on concerns over
Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross? Coupang stock price
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors. The 30-stock index gained 114 points, or 0.2%, while the S&P 500 slipped 0.1% and the Nasdaq Composite declined 0.3%. Broadcom fell 6% despite beating fourth-quarter expectations and issuing a strong
Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor, CEO Elon Musk said Sunday in a post on X. The update marks the company’s most detailed assessment yet of its long-term chip roadmap as it leans deeper into artificial intelligence and
Tesla trades just shy of a $1.3 trillion market cap. And with shareholders now greenlighting an eye-popping pay package for Elon Musk, a central question looms larger than ever: how much of that market value is anchored in Tesla’s business fundamentals, and how much is simply the “Musk premium”? With voices from Wall Street to
Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
Tesla stock (NASDAQ: TSLA) pushed higher on Wednesday, finding fresh momentum as reports of a potential “robotics executive order” from the Trump administration fueled buying in automation sectors. But beyond the headlines, a quieter, more technical signal is flashing in the options market: traders are aggressively buying calls, and the structure of these bets suggests
Tesla stock (NASDAQ: TSLA) is trading on the right side of the tape Thursday, posting modest intraday gains and signaling a potential shift in near-term sentiment for year-end trading. The move followed fresh Trump administration overtures toward robotics acceleration and persistent technical support above the 50-day moving average. While the jump reflects early-December optimism in
Tesla has introduced a lower priced Model 3 Standard in Europe, expanding its range at a time when buyers are seeking more affordable electric vehicles. The update appeared on the company’s website on Friday, only a few months after the same variant debuted in the United States. By offering a new entry point into the
Europe is dealing with a full spectrum of political and economic flashpoints today. Musk’s X is in open confrontation with the EU after a major transparency fine, London is pushing deeper into high-stakes trade talks in Washington, and Ukraine is resisting US pressure over a contentious peace framework. Meanwhile, farmers across Greece are bringing the