To The Moon

Tesla stock's remarkable postelection rally continued early Monday.Shares of the electric-vehicle maker were up 9% in early trading.Early gains left Tesla stock up about 39% since the Nov. 5 president

Tesla shares are likely to remain in the spotlight after surging to a 15-month high Wednesday amid investor expectations that the EV maker could benefit from Donald Trump's win in the presidential election.The stock has traded within an ascending triangle, a bullish chart pattern that indicates a continuation of the stock’s uptrend that started in April.Investors should watch key overhead levels on Tesla's chart around $300 and $350, while monitoring important support areas near $265 and $230.Tesla shares are likely to remain in the spotlight after surging Wednesday amid investor expectations that the EV maker could benefit from Donald Trump's return to the presidency, as CEO Elon Musk has been one of the former president's most prominent supporters.The stock jumped 15% to $288.53, its highest level in 15 months, to lead Nasdaq Composite gainers on Wednesday. Tesla shares have more than doubled from their April low, boosted in part by optimism surrounding the automaker’s robotaxi ambi

Palantir Technologies Inc.'s Q3 earnings were strong, with revenue up 30% YoY to $726M and EPS beating estimates, but the stock remains expensive.US Commercial revenue surged 54% YoY, driven by AI dem

CEO calls latest earnings 'a slap in the face of people who continue to believe that the value of AI is solely in building AI large-language models'. Palantir Technologies Inc. posted accelerating quarterly growth on Monday afternoon, again fueled by artificial intelligence.While Wall Street generally has been skeptical about whether AI has delivered meaningful financial benefits to software companies thus far, Palantir's roughly 150% stock rally so far in 2024 shows that investors have given the enterprise software company respect for its own AI initiatives.Palantir's latest results are, "dare I say, a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models," Chief Executive Alex Karp told MarketWatch.The U.S. business is growing faster than the company as a whole, with its revenue up 44% in the latest quarter relative to a year before. U.S. commercial revenue was up 54%, while U.S. government revenue was up 40%.This cont

Apple reported Q4 2024 results that slightly beat estimates and provide some relief at face value following mixed reports about the iPhone 16 launch.China's performance has improved, but continued to

Tesla's post-earnings stock rally has cost short sellers billions.Tesla short sellers lost $4.2 billion in the two days following the EV maker’s third quarter earnings last Wednesday, according to data from S3 Partners.Tesla reported a higher-than-expected third quarter profit and improved margins after the bell Oct. 23. Those beats helped Tesla stock notch its biggest single-day gain in a decade. The stock jumped 22% last Thursday, its best day since 2013, and shares rose another 3.3% Friday.Tesla’s stock performance has been volatile over the past month. Shares sank in early October as the automaker missed Wall Street estimates on its third-quarter deliveries, issued a recall, and discontinued a lower-priced model. Then, the stock rose in anticipation of Tesla’s robotaxi unveiling, only to fall sharply when the event failed to live up to hype.Tesla’s most recent rally last week comes despite mixed third quarter results. While Tesla beat Wall Street’s forecasts on its adjusted earnin

-- One of Andrew Left’s closest associates was sued by the US Securities and Exchange Commission for allegedly helping the famed short seller prepare misleading tweets and research reports that moved stocks.Ryan Choi, a 35-year-old Beverly Hills, California, resident, made $1.6 million in illegal profit from 2018 to 2020 by trading around Left’s tweets, according to SEC. The regulator said in a lawsuit Tuesday that the companies targeted by Citron Research included technology firms Vuzix Corp. and XL Fleet Corp.While Choi lacked Left’s fame in the short selling industry, he helped Left found Citron Capital in 2018 and was well aware that Left’s tweets and reports could move stock, including VUZI and XL, within minutes of being published, the SEC said.The SEC says that on Dec. 18, 2020, Choi purchased VUZI call options that would allow him to profit if the stock went up. Less than an hour later, Left posted a tweet saying “NO WAY” he would short the c

Tesla's Robotaxi event was underwhelming, with no verifiable evidence that timelines for FSD or new products are achievable.Despite Tesla's technological advantages, the company faces increasing compe

Amazon.com shares drop 1.8% premarket.The good times for Amazon may be over for now, according to W

PLTR's inclusion in the S&P 500 index was followed by a substantial price rally, but the benefits are now priced in.Substantial insider sales, particularly by Chairman Peter Thiel, signal heightened v