The Dow Jones news today is the index slides in premarket hours as investors weigh another day of key economic data.
Meanwhile, companies topping today's busy earnings calendar include Tesla Motors Inc. (Nasdaq: TSLA) and Fitbit Inc. (NYSE: FIT).
The Dow Jones news today is the index slides in premarket hours as investors weigh another day of key economic data.
Meanwhile, companies topping today's busy earnings calendar include Tesla Motors Inc. (Nasdaq: TSLA) and Fitbit Inc. (NYSE: FIT).
Last week, while the media were wringing their hands over fake news, the Dow Jones Industrial Average jumped another 354.68 points or 1.7% to close at a record 20,624.05, hitting seven straight days of record highs. The S&P 500 popped 1.5% to a record 2351.15 and the Nasdaq Composite Index gained 1.8% to a record 5838.58. While Trump's opponents may fear for the future of the Republic, they would do better to fear for the future of their 401ks because this rally is running on fumes.
The truth is that markets thrive on investors' stupidity and we are seeing a perfect example of that today while markets rally on nothing more than hot air. Believe me, I thought the market would rise after Mr. Trump was elected; the opportunity to rid the country of 8 years of anti-growth policies was a game-changer that promised good things in the future. But that doesn't mean that investors should be discounting a decade of growth and two terms of promises, many of which will not be kept, in a one month period.
The market is well ahead of itself and poised to correct. Sentiment and other warning indicators are flashing red. Investors chasing stocks at these levels are taking big risks. And one of the biggest risks is Tesla Inc. (NASDAQ:TSLA), which plans to announce earnings after close today.
In Dow Jones news today, the markets are rallying even though the Twitter stock price is plummeting.
Crude oil prices are also climbing, and gold prices are higher early this morning.
by Alex McGuire
Investors have been anxious to own SpaceX shares for years now.
And the firm's huge announcement this week further proves the SpaceX IPO will be one of the biggest deals of the decade.
Here's why this big SpaceX news could influence the SpaceX IPO...
by Alex McGuire
The debut of SpaceX stock is a highly anticipated market event.
But the biggest question is: When can we buy shares of it?
Here's the answer - plus two more of the top SpaceX questions...
by Casey Wilson
Two former Google and Tesla execs have teamed up to create a new self-driving car company.
And, in the wake of this merger, both tech industry companies have come out to publically accuse these former workers of stealing ideas.
Here's what the duo is facing in court and what they purportedly "borrowed"...
by Ashley Moore
The top three stocks to watch today are TSLA, AAPL, and AMZN.
The Fed will likely hold interest rates steady but U.S. economic data and earnings reports will be the movers of markets today.
Here's what you need to know today...
Just this morning, President Trump issued a blatant "border tax" warning to several industry CEOs on the dangers of moving their companies' production units overseas.
"[The U.S. government is] going to be imposing a very major border tax on the product when it comes in," the new POTUS said.
Here's the precise percentage sum Trump is looking to slap on those imported U.S. goods...
by Ashley Moore
Projections for Tesla stock in 2017 have been raised to $300 a share amid increasing competition in the electric car industry and increasing revenue.
The competition is seen as a positive for the industry as a whole and especially for Tesla, whose size makes it ready to capitalize on the increased consumer interest.
Here is everything you need to know about Tesla stock right now...
by Alex McGuire
As one of the world's most innovative companies, the debut of SpaceX stock is a much-anticipated event.
But Elon Musk's moonshot company has seen its fair share of failures in recent years.