The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report. The Dow Jones Industrial Average (DJIA) dipped 194.76 points, or 0.56%, to close at 34,395.01 on Thursday ahead of today’s critical jobs report. This nearly 200-point fall was not the only setback recorded among the major indexes yesterday. The S&P 500 also closed lower by 0.09% to 4,076.57 during Thursday’s session. However, the tech-laden Nasdaq Composite gained 0.13% to close at...
Read More »Tesla (TSLA) Stock Soars 7% on News Fed May Slow Rate Hikes
Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year.The shares of American multinational electric car manufacturer Tesla Inc (NASDAQ: TSLA) are seeing marginal growth in the Pre-Market today after the stock recorded a bumper session on Wednesday. Investors went on a buying spree pushing the share price to $194.70 atop a 7.67% growth on Wednesday as Federal Reserve (Fed) Chairman, Jerome Powell hinted at the Brookings Institute that the...
Read More »EV Charging Startup Volta Stock Closes Below 50 Cents for First Time since Public Listing
Volta recently closed under 50 cents for the first time as a public company due to a cash crunch and the possibility of stock delisting.EV charging startup Volta (NYSE: VLTA) saw its shares close below 50 cents for the first time since its public listing last year. This recent relative stock underperformance could be attributable to several factors affecting the electric car charging company. They include a cash crunch as well as the possibility of a stock delisting.Volta stock briefly...
Read More »Cinemas Stocks Jump as Amazon Reveals Plan to Invest $1B in Theatrical Film Releases
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Read More »Zoom (ZM) Shares Fall 8.81% as Firm Posts Conservative Fiscal Guidance for Q4 2023
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Read More »Disney (DIS) Shares Up 9% as Bob Iger News Keeps Driving Sentiment
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Read More »Shares of Sea Limited Skyrocket Over 40% after Q3 Financial Report
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Read More »Dow Jones Futures Add 300 Points on News of Waning Inflation
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Read More »Elon Musk Offloads Additional 19.5 Million Tesla Shares after Twitter Deal
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Read More »Block Shares Jump 11% Following $4.52 Billion Revenue Report for Q3 2022
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