Tesla stock continued to rally on Friday as the US markets opened, rising 4.43 per cent. Tesla shares listed on the Nasdaq index recorded an uptrend after the company reported a 17 per cent rise in third-quarter profits. Tesla shares opened at $257.69 when trading started at 09:30 am EDT. At 09:58 am EDT, they … Read more
Wall Street’s major indexes climbed roughly 1% following July’s retail sales data, which suggested strong consumer spending and eased concerns about a possible imminent recession in the world’s largest economy, on Thursday. At 9:35 a.m. ET, the Dow Jones Industrial Average rose by 503.66 points, or 1.26 per cent, reaching 40,512.05. The S&P 500 increased … Read more
Tesla shares experienced a premarket surge of approximately 10.5% on Wednesday, following reassuring announcements from the electric-car manufacturer, according to news agency Reuters. These announcements included optimistic sales projections for the year and plans to introduce more affordable models by early 2025, alleviating concerns about slowing growth. Investors had been anticipating negative news after a … Read more