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Morning mooers! It is Wednesday, June 12th: FOMC rate decision day! The market was lower overall Tuesday but hit all time highs in the S&P 500 and Nasdaq right before the close on Apple AI gains. Today the market is even higher, with most quities climbing.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$Oracle (ORCL.US)$ climbed 12%, the highest on the S&P 500, after the firm's earnings came ...
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$Oracle (ORCL.US)$ climbed 12%, the highest on the S&P 500, after the firm's earnings came ...
![Fed Rate Day Sees Record High Market So Far | Herd on Wall Street Podcast](https://1500015405.vod2.myqcloud.com/f7703b98vodtransuse1500015405/0de0eb181253642698794775482/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Since now we know that market is irrational and it all depends on institutions, what’s your bet today?
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Microsoft (MSFT.US)$ $SPDR S&P 500 ETF (SPY.US)$
$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Microsoft (MSFT.US)$ $SPDR S&P 500 ETF (SPY.US)$
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On Thursday, $Microsoft (MSFT.US)$'s stock price rose 3.19% to $348.10, reaching a historical high and becoming the third big tech this year to hit the historical high after $NVIDIA (NVDA.US)$ and $Apple (AAPL.US)$, with a total market value of approximately $2.6 trillion.
Microsoft's stocks rose on Thursday as Mizuho and JP Morgan raised their price targets on the stock. Mizuho raised its target from $340 to $360, expressing increased...
Microsoft's stocks rose on Thursday as Mizuho and JP Morgan raised their price targets on the stock. Mizuho raised its target from $340 to $360, expressing increased...
![Microsoft Hits Record High After NVIDIA and Apple. Who's Next?](https://ussnsimg.moomoo.com/77777013/editor_image/558bbff6e22e33918d65ba9e263a3b40.jpg/thumb)
![Microsoft Hits Record High After NVIDIA and Apple. Who's Next?](https://ussnsimg.moomoo.com/77777013/editor_image/31a3c88ed0fa3597ad1fc95d0421a7af.jpg/thumb)
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The "China Plus One" strategy is a business approach that companies choose to expand their operations outside of China while still maintaining a presence in the country. China's position as the "world factory" is hard to shake due to its previously lower production costs, extensive and complete industrial chain, abundant labor resources, and other advantages. However,...
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$Tesla (TSLA.US)$ By 2027, the influential investor sees Tesla shares trading at about $2,000 that would translate to a market cap of over $5.0 trillion for the electric vehicles company.
On CNBC’s “Closing Bell: Overtime”, she dubbed it a positive today that Elon Musk is committed to sales growth.
Each unit now represents the potential for a robo-taxi. The robo-taxi service will be, from a margin point of view, more like a SaaS busin...
On CNBC’s “Closing Bell: Overtime”, she dubbed it a positive today that Elon Musk is committed to sales growth.
Each unit now represents the potential for a robo-taxi. The robo-taxi service will be, from a margin point of view, more like a SaaS busin...
![Cathie Wood: Tesla shares will be trading at $2,000 by 2027](https://ussnsimg.moomoo.com/feed_image/70775714/f0060fa0e62933fcb886391f550c2af2.png/thumb)
![Cathie Wood: Tesla shares will be trading at $2,000 by 2027](https://ussnsimg.moomoo.com/feed_image/70775714/15dc0c19ebac3e8a9a7cb99245a4a049.gif/thumb)
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Perhaps the most anticipated Q1'23 results of them all.
$Tesla (TSLA.US)$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
$Tesla (TSLA.US)$ released its latest results, and it does not look good upfront.
But behind the numbers, perhaps, Tesla is weighing in on a longer-term game plan.
Here are my observations
1. Higher revenue, but deteriorating gross margins
Overall revenue is higher by +24% YoY, but down by -4% QoQ.
As Tesla sought to continue its price cuts, it comes with no surprise that the gross margins will be aff...
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/0201915443663e85916176b131952db4.jpg/thumb)
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/0c0683e822cc3217b22207859268a62f.png/thumb)
![Tesla - Short-term pain, long-term gain?](https://sgsnsimg.moomoo.com/102263458/editor_image/3fd1db10e79237dd8c46203310942b83.png/thumb)
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Shares of Tesla plunged nearly 10 percent on Thursday after the company's chief executive, Elon Musk, hinted that Tesla would continue to cut prices to boost demand even as margins took a hard hit. The leading electric car maker has lost more than $50 billion in market value, while concerns about an escalating price war have also hit shares of General Motors $General Motors (GM.US)$ , Volkswagen $VOLKSWAGEN A G (VWAGY.US)$ and other...
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$Tesla (TSLA.US)$shares plummeted on Thursday after reporting a first quarter earnings miss. ![]()
Why did Tesla's earnings report disappoint the market so much? After an 80% surge since the beginning of the year, will Tesla be able to continue its rebound in the coming quarters?
What are the market's concerns about Tesla's financial results?
In fact, Tesla's stock price has been in turmoil since March after a strong rebound at the beg...
Why did Tesla's earnings report disappoint the market so much? After an 80% surge since the beginning of the year, will Tesla be able to continue its rebound in the coming quarters?
What are the market's concerns about Tesla's financial results?
In fact, Tesla's stock price has been in turmoil since March after a strong rebound at the beg...
![Tesla's disappointing Q1 earnings:Is it time to buy or sell?](https://ussnsimg.moomoo.com/77777888/editor_image/b5eba899bef23556a81a134d7b9d9fc8.png/thumb)
![Tesla's disappointing Q1 earnings:Is it time to buy or sell?](https://ussnsimg.moomoo.com/77777888/editor_image/ccb37cbac2bd3d829df8c5d33e25414d.png/thumb)
![Tesla's disappointing Q1 earnings:Is it time to buy or sell?](https://ussnsimg.moomoo.com/77777888/editor_image/2993e9576561332f8b3aa355331cf9e3.png/thumb)
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