To The Moon

Hot Chinese ADRs gained in morning trading.XPeng rose 7%; Bilibili rose over 5%; Nio rose over 4%; NetEase rose 3%; iQiyi, JD.com rose over 2%.

Here are the biggest calls on Wall Street on Tuesday:Morgan Stanley resumes Cisco as overweightMorgan Stanley said it sees “double digit overall shareholder return potential.”“Cisco is trading at / ne

Let's dive in. Tesla's Financials No conversation about Tesla would be complete without a mention of the company's financials. In short, the company is doing well. Results have been relatively strong, liquidity is robust, and the company has a number of growth avenues available to it. On the profitability front, TSLA recently reported all-time highs in both TTM revenue and TTM net income, bolstered by strong vehicle sales which grew more than $11 billion YoY, from $67 billion to $78 billion, and big growth in the Energy segment, which was up from $3.9 billion to $6 billion: 10-K Gross margins were down in 2023 due to higher input costs, both in terms of labor and commodities, as well as lower sales prices across the board, but net income has

U.S. stock index futures rose on Friday, a day after equities slumped on hawkish remarks from Federal Reserve officials on interest rate cuts, while investors braced for a key jobs report that could h

Equities could stumble if data dents June rate-cut hopes: strategist. Friday is jobs-report day. That means stakes are high for a stock-market rally that's faltered this week as investors assess the likelihood of rate cuts by the Federal Reserve later this year.Economists surveyed by the Wall Street Journal, on average, look for nonfarm payrolls to show a rise of 200,000 in March, with the unemployment rate expected to tick down from 3.9% to 3.8%. Growth in hourly wages is expected to slow to a year-over-year rate of 4.1% from 4.3% in February.The setup for the stock market heading into the release of the Labor Department's April employment report at 8:30 a.m. Eastern is a bit out of the ordinary, Tom Essaye, founder of Sevens Report Research, said in a Thursday note.While either a "too hot" or "too cold" jobs figure is often sufficient to spark a market selloff, the biggest danger on Friday is firmly tilted toward a stronger-than-expected reading, he said.Stock Market Today: Timing of