Tesla Q3 2023 Earnings Preview (Video)
The electric vehicle leader releases its earnings for the third quarter of the year on Wednesday October 18, having already reported a significant drop in deliveries and production for the same period
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The electric vehicle leader releases its earnings for the third quarter of the year on Wednesday October 18, having already reported a significant drop in deliveries and production for the same period
The US airliner reported solid Q3 2023 results, with a surge in profitability due to the strong summer demand, but lowered its full year guidance due to rising fuel expenses
Watch today’s US Open for insights on the latest US CPI report which showed persistence in inflation, Gold’s advance, the strong quarterly results by Delta Air Lines and more
TD Cowen has maintained an Outperform rating for Nvidia. The analyst team has increased its price target from $600 to $700 per share. This represents close to a 50% premium from current price levels and suggests a strong growth story behind artificial intelligence and its development.
Rivian (RIVN.us) shares remain under pressure with its price candlesticks below its black 30-week EMA and the EMA turned down. Its weekly RSI is also below 50 (green rectangle), suggesting a negative underlying momentum.
Watch today’s US Open for insights on the Hamas-Israel conflict and its impact on oil prices, timid Fed speak that helps Wall Street, the new earnings season and more
In a previous article we suggested that the NAS100 had a downtrend bias to it. Price action has evolved to a point where it seems that a descending triangle (green trendlines) has charted on the weekly time frame. Assuming this to be the case, a breakout or breakdown from the pattern will have bullish or bearish implications.
The flare up in Middle East violence sparked risk-off mood, but SPX500 overcomes it, with the help of dovish Fed commentary, as markets now turn to the new earnings season and the inflation update
JPMorgan Chase & Co. (JPM.us) is set to lead the charge as the third quarter earnings season for the banking sector commences on October 13th, right before the market's opening bell. Joining the ranks on the same day are Citigroup Inc. (C.us) and Wells Fargo & Co. (WFC.us), who will also unveil their financial results.
On Thursday Tesla (TSLA.us) cut its prices on its Model 3 and Model Y vehicles in the US.
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