Good morning, traders. Happy Wednesday, July 24th. Tesla missed earnings Tuesday night, and the stock dropped 11% in early trading Wednesday. The firm reported adjusted earnings of 52C, a share on revenue of $25.5B, lower than the estimated 62C. Based on moomoo data, huge outflows from the stock came from small-value traders. Tesla ripped the Nasdaq lower.
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Good morning mooers! Here are things you need to know about today's market:
●U.S. Stocks Dip Before Tesla, Alphabet Releases Earnings
●Glove Sector Still Facing Tough Environment
●Stocks to watch: Well Chip, YTL Corp, IOI Properties
-moomoo News MY
Wall Street Summary
The major U.S. stock indices opened the day with gains but ultimately ended with slight decreases, as investors awaited big tech companies' fina...