Stock market news today: Weak Tesla earnings and jump in jobless claims

Meanwhile, weekly jobless claims jumped 5,000 to 245,000, slightly ahead of economist estimates of about 240,000. And the Philadelphia Fed Factory index reported another contraction in April, representing the eighth consecutive monthly reading of declines in manufacturing activity.

Investors now will turn their attention to next week's release of first-quarter earnings results from mega-cap tech companies including Apple, Amazon, and Alphabet, among others.

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Stock falls when there is better employment numbers. Saying that fed will raise interest, now opposite again stock is down. Tell me how to time the market

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Here’s How Tesla’s Stock Performed After Its Last 10 Earnings ReportsShares of Elon Musk’s automaker have gained an average of 8% in the 10 days following its previous 10 earnings reports.
Fuente: Forbes - 🏆 394. / 53 Leer más »

Tesla stock price falls after new round of price cuts before earningsTesla falls after issuing a fresh round of price cuts ahead of reporting earnings results So, the Model S has been around since june 22nd, 2012, when Somebody That I Used to Know by Gotye was topping the charts. And there's no successor in sight.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »