Shares of Tesla (TSLA) climbed sharply on Friday, rising more than 3% as improving investor sentiment lifted growth stocks following stronger-than-expected US jobs data and optimism around developments in the Middle East.The rally came alongside broader market gains. The S&P 500 advanced about 0.6%, while the Nasdaq Composite rose 1.1%.…
Shares of Microsoft (MSFT) slipped in early trading on Friday, underperforming both the broader market and major technology peers.Microsoft stock fell around 1% even as other large-cap technology companies rallied strongly. Nvidia and Tesla rose roughly 3%, while AMD surged nearly 7%.The broader market also moved higher. The S&P 500…
Innodata (INOD) shares nearly doubled on May 8 after the data engineering company delivered a “triple-threat” Q1 that obliterated Wall Street expectations.Revenue rocketed 54% year-over-year to $90.1 million, comfortably exceeding the $76.5 million consensus estimate.On the bottom line, diluted EPS hit $0.42, nearly doubling the $0.23 forecast.This explosive growth prompted…
Shares of Intel (INTC) surged around 8% in on Friday, hitting a fresh all-time high of $118.75. Investors continued to pile into the semiconductor giant amid growing optimism around its turnaround strategy and artificial intelligence positioning.The recent rally has been driven by a combination of strong earnings, improving demand for…
Famed investor Jim Cramer says “there are wins and misses” in digital advertising and marketing automation space – and Trade Desk (TTD) is evidently the latter.His comments came after The Trade Desk reported first-quarter results showing a 12% increase in revenue to $689 million.However, the revenue growth was largely overshadowed…
Shares of Intel surged sharply on Friday after a report said the company had reached a preliminary agreement with Apple to manufacture some of the chips used in the iPhone maker’s devices.According to a Wall Street Journal report citing people familiar with the matter, Apple and Intel had been engaged…
Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in…
The FTSE 100 Index remained in a narrow range this week as traders watched the developments in the Middle East, where odds of a deal between the US and Iran rose. It also wavered because of the weak HSBC earnings. This article looks at some of the top FTSE 100 and…
US equities edged higher on Thursday, supported by declining oil prices and growing optimism that a deal to end the conflict involving Iran could be nearing completion.The S&P 500 rose 0.1%, while the Nasdaq Composite also gained 0.1%. The Dow Jones Industrial Average advanced 174 points, or 0.4%.Oil prices extend…
Shares of Tesla (TSLA) climbed on Thursday, rising above the $400 mark as improved sales data from China supported investor sentiment despite ongoing concerns around the company’s long-term strategy.The stock was up around 3% at $409.70 in early trading.China sales provide boostTesla sold 79,478 vehicles from its Shanghai plant in…