The Tesla narrative has increasingly shifted to the robotaxi, with investors likely more focused on the planned June 22 pilot launch in Austin and the company's path to scaling autonomous vehicles, according to the firm.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Since June 2020, the S&P 500 has delivered a total return of 93.6%. But one standout stock has nearly doubled the market - over the past five years, Wells Fargo has surged 171% to $74.74 per share. Its momentum hasn’t stopped as it’s also gained 8.6% in the last six months, beating the S&P by 6.6%.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Top U.S. regulators plan to reduce key capital requirements for the nation's largest banks. This move is expected to boost bank profitability and could lead to higher returns.
A former Bank of England economist is raising red flags over the growing role of stablecoins in the U.S. financial system, with major implications for banks, as well as the U.S. Dollar.
Lilly will acquire all outstanding shares of Verve for $10.50 per share in cash payable at closing, in addition to a contingent value right (CVR) per share that entitles holders to $3 per share, subject to the completion of certain milestones.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 5.1% in the morning session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 8.2% in the afternoon session after the company announced an exclusive partnership with Amazon Ads, creating what they describe as the "largest authenticated Connected TV (CTV) footprint in the U.S.". This partnership is expected to give advertisers access to a combined audience of 80 million connected-TV households through Amazon's ad-buying system. The deal is also expected to improve Roku's advertising revenue and strengthen its competitive position in the streaming and connected TV market.
