News Formal

5 things to know before the stock market opens Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 68%
  • Publisher: 72%

Investment Strategy News

Economy,Markets,Business

Here are the most important news items that investors need to start their trading day.

Tesla reported a major decline in revenue as it deals with the impact of its ongoing price cuts.also climbed 8.3% and 2.4%, respectively, on strong earnings. About 20% of the S&P 500 has reported earnings through Tuesday, and 76% of those companies have beaten analysts' expectations, according to FactSet data. Followmajor decline

in revenue Tuesday as it deals with the impact of its ongoing price cuts. Revenue for the first-quarter dropped about 9% year-over-year, its biggest decline since 2012. But the stock was up about 12% in premarket trading after CEOsaid that production of new affordable EV models could begin in "early 2025, if not late this year." The company had previously expected to begin the production in the second half of 2025.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market WednesdayThe S&P 500 on Wednesday will make another attempt to break its losing streak that's now up to three straight sessions.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »