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Oct 26 2024BUSINESS

Elon Musk's Wealth Surges with Tesla's Stock Boom

On Thursday, Elon Musk's net worth saw a massive boost. Tesla's stock had a fantastic day, with shares jumping by 22%. This surge followed the company's latest earnings report, which showed some positive results. Investors were pleased with Tesla's strong profit margins, earnings per share, and net

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Oct 26 2024BUSINESS

Tesla Stock Hits Highest in Over a Year After Strong Earnings

On Friday, Tesla's stock price hit its highest point in more than a year. This followed a substantial rise the day before, making it the best two-day performance since 2013. Investors were thrilled with the company's third-quarter results. Tesla shares jumped 2. 8% on Friday morning, reaching $267.

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Oct 25 2024FINANCE

Tesla's Boost: Margin Magic through Sales Volume and Cost Cuts

Tesla is making investors happy again after a dip. Shares jumped 16%, one of the best performances ever. Analysts from Bank of America and Goldman Sachs are sharing insights into Tesla's impressive earnings report. Tesla's auto gross margin, excluding regulatory credits, was 17. 05% in the last qua

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Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

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Oct 25 2024BUSINESS

Pfizer's Potential: How Pressure from Investors Could Reshape its Future

Pfizer, a pharmaceutical giant, has been in the spotlight lately. Investors have been discussing the company's future under CEO Dr. Albert Bourla. Recently, an activist investor named Starboard Value shared some thoughts on Pfizer. They pointed out issues but also emphasized the company's potential.

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Oct 24 2024FINANCE

Stock Market Movers: What’s Hot and What’s Not on Thursday?

Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.

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Oct 24 2024BUSINESS

Teslas Face Scrutiny Over Autopilot Crashes

Ever heard of a car that drives itself? Well, Tesla's trying, but their autopilot feature is hitting a few bumps. The National Highway Transportation Safety Administration is digging into some serious incidents. We're talking crashes, one even fatal, involving Teslas with Full Self-Driving tech. Thi

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Oct 24 2024BUSINESS

Is Tesla's (TSLA) Stock Wave Rising?

Ever heard of Stock Waves? It's a team led by Zac Mannes and Garrett Patten, with Lyn Alden Schwartzer as a contributor. They focus on real-time technical analysis using the Elliott Wave method. One investor, Nicole, shared her experience, saying she had some big wins, like 7-10 times her investment

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Oct 24 2024BUSINESS

IBM's Q3 2024 Revenue: Lower than Expected

IBM's stock took a dip in after-hours trading on Wednesday, slipping around 3%. The reason? The tech giant didn't quite meet Wall Street's expectations for quarterly revenue. Let's dive into the details. IBM reported earnings per share of $2. 30, just a touch higher than the $2. 23 analysts had pre

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Oct 23 2024FINANCE

Why Bitcoin and Trump Media Stocks Are Skyrocketing

Lately, bitcoin prices have been soaring, reaching over $68, 000. This rise is partly due to former President Trump's newfound support for cryptocurrency and Vice President Harris' recognition of digital asset regulations. Meanwhile, Trump Media's stock price jumped by over 15% in a single day, addi

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