Market News

What Prompted Tesla to Redesign Its Model Y Door Handle?

Tesla, Inc. TSLA is exploring a redesign that would integrate the electronic and manual door-release mechanisms, which are currently positioned separately, per the Bloomberg News podcast with Franz von Holzhausen, Tesla’s chief designer, cited by Reuters. The change aims to make door handles more intuitive, …

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Cathie Wood Goes Bargain Hunting in China: 3 Stocks She Just Bought

Key Points Ark Invest bought shares of Alibaba, Pony AI, and Baidu on Monday. Alibaba and Baidu are trading at forward earnings multiples in the teens. Pony AI isn’t cheap given its lack of profitability and its early stage of revenue growth, but it has …

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Crypto Market Update: Strive to Buy Semler Scientific in US$1.34 Billion Deal

Here’s a quick recap of the crypto landscape for Monday (September 22) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news ​Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$112,214, …

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Notable Wednesday Option Activity: MBI, TSLA, META

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in MBIA Inc. (Symbol: MBI), where a total of 10,169 contracts have traded so far, representing approximately 1.0 million underlying shares. That amounts to about 229.9% of MBI’s average …

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GLW’s Diverse Portfolio Fuels Customer Growth: Will it Drive Revenues?

Corning Incorporated GLW is benefiting from strong customer growth across multiple end markets. The company’s client base includes prominent industry leaders such as Apple, Samsung, Broadcom, Lumen, AT&T Inc. T and several others. Corning is witnessing healthy traction in the consumer electronics segment. Apple, Inc. …

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Will Walmart Stock Continue to Ring Up Investor Returns?

Key Points Walmart (NYSE: WMT) has risen from modest beginnings in rural Arkansas to grow into one of the world’s most successful retailers. Although its rapid growth days are likely behind it, the company has continued to earn significant returns for investors as it leverages …

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Is It Worth Investing in Robinhood Markets (HOOD) Based on Wall Street’s Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Before we …

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Skin in the Game: The US Government & Nvidia Back Intel

Intel Company Overview Zacks Rank #3 (Hold) stock Intel (INTC) designs and manufactures a plethora of computer hardware and software products for individuals and businesses. Founded in 1968, the Santa Clara, California-based Intel is best known for its microprocessors (CPUs) that act as the “brain” …

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Wednesday’s ETF with Unusual Volume: USPX

The Franklin U.S. Equity Index ETF (USPX) is seeing unusually high volume in afternoon trading Wednesday, with over 884,000 shares traded versus three month average volume of about 55,000. Shares of USPX were down about 0.7% on the day. Components of that ETF with the …

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Crypto Market Update: SEC Clears Faster Path for New Crypto ETFs

Here’s a quick recap of the crypto landscape for Wednesday (September 24) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrencymarket news ​Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$113,040, …

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