Stockreport
Stock market news: Tech rally keeps stocks afloat amid mixed earnings [BNN Bloomberg (Canada)]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Technology shares stood out in the U.S., with contracts on the Nasdaq 100 rising 0.6 per cent compared with a 0.1 per cent gain for S&P 500 futures. Tesla Inc. jumped more than 10 per cent in premarket trading after Elon Musk vowed to launch less-expensive vehicles as soon as late this year. Chipmaker Nvidia Corp. and Facebook owner Meta Platforms Inc. were quoted about 2 per cent higher. After a strong performance by U.S. tech giants on Tuesday, attention will be on Meta as the next of the so-called Magnificent Seven group of companies to report. International Business Machines Corp. and Boeing Co. are also due to release results. “There are high hopes for big U.S. tech,” said Alexandre Hezez, chief investment officer at Paris-based asset manager Group Richelieu. “Inflation and valuation levels don't seem to be a concern at the moment.” In Europe, the Stoxx Europe 600 trimmed its advance as a surge in the shares of ASM International NV was offset by declines for Lloyds Banking
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- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network][FOX Business Network]
- Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales [Fortune][Fortune]
- Have the wheels come off for Tesla? [Yahoo! Finance][Yahoo! Finance]
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider][Business Insider]
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