Dow Jones futures were little changed Wednesday night, along with S&P 500 futures and Nasdaq futures, after markets were closed for the Christmas holiday.The stock market rally had a solid advance in the half-day Christmas Eve session.
Tesla could be a powerful AI company in the future. However, the companies already leading in AI might be better buys instead.
That has made it the most-bought equity by retail traders on net in 2024, as of Dec. 17. "Nvidia turned out to be the one stock that kind of stole the show from Tesla because of impressive price gains," said Marco Iachini, senior vice president at Vanda.
Fundstrat's Tom Lee says that Nvidia could grow tenfold over the next decade, potentially reaching $1 trillion in revenue.
According to DigiTimes, Musk was involved in a deal between xAI and Nvidia — reportedly personally contacting Nvidia Chief Executive Officer Jensen Huang and offering more than $1 billion for a cluster of GB200 GPUs. As it relates to xAI specifically, take a look at what Musk posted on X (formerly Twitter) back in September.
Using Nvidia, Netflix and Meta, see timely tips on investing in stocks from classic tales of Rudolph, Frosty and Scrooge.
Nvidia is entering the self-driving car industry in China, the world’s largest car market. That puts it on a collision course with Tesla.
Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.
One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,
Tesla shares slowed their roll last week, losing 3.5% after leaping more than 12% in each of the two prior weeks, as the US Federal Reserve’s hawkish pivot sparked a wider selloff in equities.
Nasdaq 100 outperforms as Tesla, Amazon, and Nvidia surge. S&P 500 edges up during holiday trade with light volume ahead of Christmas break.
With Nvidia so dominant, once the stock started to reverse, the entire stock market would go down with it—or so the bears thought. Instead, the opposite has been the case. Since peaking in early November,