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Tesla said it produced 433,371 vehicles in the first quarter, down from 440,808 in the same period a year ago. Deliveries fell to 386,810, down from 422,875 in the same period last year.
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
The decline in volumes in Q1 partially due to early phase of production ramp of updated model 3 at fremont factory and factory shutdowns.
Analysts expected deliveries of 449,080 vehicles in the quarter. A collection of 30 predictions, compiled ...
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Last week, Warren Buffett's Berkshire Hathaway set a new stock price record, with its Class A shares surpassing the milestone of $600,000 per share, bringing the company closer to achieving a market value of $1 trillion. Since 1997, $Berkshire Hathaway-A (BRK.A.US)$ has returned 1726.6%, far outperforming 579.17% of the $S&P 500 Index (.SPX.US)$ over the same period.
Buffett's decision not to s...
Buffett's decision not to s...
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$Bank of America (BAC.US)$ highlights 2024 as a pivotal year for stocks, marking the fourth year of the presidential cycle, traditionally the second-strongest for market returns with the $S&P 500 Index (.SPX.US)$ averaging gains of 10.7% and 7.5%. This pattern is often attributed to the president's efforts to stimulate the economy through fiscal spending for re-election purposes. Historical trends show a 75% win ratio for stocks in this phase, a...
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RECAP
The $Dow Jones Industrial Average (.DJI.US)$ rebounded after pulling out of a Boeing slump. Indexes opened cautious, but built towards a rebound after the S&P 500 shed 1.5% last week to break a two-month winning streak.
$Dow Jones Industrial Average (.DJI.US)$ climbed 0.58%, the $S&P 500 Index (.SPX.US)$ rose 1.41%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 2.20%. Large tech stocks led the way; all "Magnificent Seven" stocks were...
The $Dow Jones Industrial Average (.DJI.US)$ rebounded after pulling out of a Boeing slump. Indexes opened cautious, but built towards a rebound after the S&P 500 shed 1.5% last week to break a two-month winning streak.
$Dow Jones Industrial Average (.DJI.US)$ climbed 0.58%, the $S&P 500 Index (.SPX.US)$ rose 1.41%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 2.20%. Large tech stocks led the way; all "Magnificent Seven" stocks were...
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RECAP
Investors Rethink Rate Cut Bets
US equities ended Friday slightly higher, but gains weren't enough to keep major indices in the green in the first trading week of the year. The stock market ended their nine-week winning streak as investors rethink bets of aggressive interest rate cuts this year amid signs of continued strength in the labor market.
The $S&P 500 Index (.SPX.US)$ rose 0.2% to close at 4,697.24 Friday, while the $Nasdaq Composite Index (.IXIC.US)$ rose less...
Investors Rethink Rate Cut Bets
US equities ended Friday slightly higher, but gains weren't enough to keep major indices in the green in the first trading week of the year. The stock market ended their nine-week winning streak as investors rethink bets of aggressive interest rate cuts this year amid signs of continued strength in the labor market.
The $S&P 500 Index (.SPX.US)$ rose 0.2% to close at 4,697.24 Friday, while the $Nasdaq Composite Index (.IXIC.US)$ rose less...
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Tesla delivered more vehicles than expected in the fourth quarter, handed over 484,507 vehicles in the last three months, beating analysts’ average estimate for 483,173 deliveries. All told for 2023, Tesla said vehicle deliveries grew 38% year over year to 1.81 million while production grew 35% YoY to 1.85 million.
While Tesla exceeded its target to deliver 1.8 million vehicles for the year, the EV maker came up well...
While Tesla exceeded its target to deliver 1.8 million vehicles for the year, the EV maker came up well...
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