Dow futures rise 135 pts; second quarter starts with soaring oil prices
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- S&P 500 ends down after Trump says Iran deal is 'over'
- Oil settles at multi-week high as US-Iran truce buckles under fresh hostilities
- Nvidia is up just 3% YTD while SOX surges 82% — what’s holding it back?
- BofA says S&P 500 technicals point to corrective Q3
- Alibaba rallies 12% after report of narrowing losses sparks pre-earnings optimism
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
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- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
- S&P 500 ends down after Trump says Iran deal is 'over'
UK EV sales reach record highs in best month ever
April 5, 2023 9:00 AM EDTThe Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More
Tesla (TSLA) reaches 88,869 Chinese deliveries in March
April 4, 2023 7:58 AM EDTElectric vehicle giant, Tesla Inc. (NASDAQ: TSLA) sold 88,869 units of China-made electric vehicles in March, according to data published by the China Passenger Car Association (CPCA) showed on Tuesday. That was up 35.0% from a year ago and 19.4% from February, when the U.S. electric car... More
Morgan Stanley says Tesla (TSLA) 'may require further price cuts' to reach delivery goals
April 4, 2023 7:47 AM EDTMorgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after the electric automaker reported 1Q delivery and production numbers.
Tesla delivered 423k units in the 1Q, in line with the company gathered consensus with a 4.3% increase over last quarter. 1Q deliveries annualize to just under 1.7mm units while 1Q production... More
ExxonMobil (XOM), Other Oil Stocks Surge After OPEC+ Announces Output Cuts
April 3, 2023 8:17 AM EDT(Updated - April 3, 2023 8:18 AM EDT)
ExxonMobil (NYSE: XOM), Other Oil Stocks Surge After OPEC+ Announces Output Cuts
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per dayWIT +6.6%XOM +4.3%Marathon Oil (NYSE:... More