Investors are keeping a sharp eye on earnings this afternoon, with Meta , Chipotle Mexican Grill , and Ford all set to report their quarterly results. One big earnings mover is Tesla . The EV maker reported disappointing first quarter results, but its plans to accelerate the development of a cheaper vehicle has shares soaring. Other trending tickers on Yahoo Finance include Boeing , Vertiv Holdings , and AT&T .3:05 p.m.
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.The Tesla CEO talked about demand for Nvidia chips. It should quell fears that orders of its existing chips might stall while customers wait for the release of a new range of processors.The Canadian dollar strengthened to a 10-day high against its U.S.
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