Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade; Nasdaq up 1.29%

Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade; Nasdaq up 1.29%

Tesla stock continued to rally on Friday as the US markets opened, rising 4.43 per cent. Tesla shares listed on the Nasdaq index recorded an uptrend after the company reported a 17 per cent rise in third-quarter profits. Tesla shares opened at $257.69 when trading started at 09:30 am EDT. At 09:58 am EDT, they … Read more

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports

OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports

(Reuters) -AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in the world. The maker of viral chatbot ChatGPT is discussing raising $6.5 billion from investors, the report said, citing people … Read more

Tesla share price jumps 10% as Musk’s pledge to build affordable cars allays growth concerns

Tesla share price jumps 10% as Musk's pledge to build affordable cars allays growth concerns

Tesla shares experienced a premarket surge of approximately 10.5% on Wednesday, following reassuring announcements from the electric-car manufacturer, according to news agency Reuters. These announcements included optimistic sales projections for the year and plans to introduce more affordable models by early 2025, alleviating concerns about slowing growth. Investors had been anticipating negative news after a … Read more

US STOCKS-Wall St stocks advance with major corporate earnings i

Cardinal Health falls on losing contracts with OptumRx * Tesla down after price cuts in several markets * Indexes up: Dow 1.2%, S&P 1.4%, Nasdaq 1.4% (Updates to 2:30 p.m. EDT/1830 GMT) By Chibuike Oguh NEW YORK, April 22 (Reuters) – Wall Street stocks advanced on Monday following a market sell-off in previous sessions as … Read more