๐ Bet on Tesla Stock Movement and Win Tiger Coins!
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We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
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Below are Today's Key Takeaways.
Top News Move the Market
Wall Street's three benchmarks ended higher on Monday as investors returned to megacap growth stocks, helping both the S&P 500 and Nasdaq Composite recover from their worst weekly performance since April.The S&P 500 gained 59.41 points, or 1.08%, at 5,564.41 points, while the Nasdaq Composite climbed 280.63 points, or 1.58%, to 18,007.57. The Dow Jones Industrial Average rose 127.91 points, or 0.32%, to 40,415.44.
$CrowdStrike Holdings, Inc.(CRWD)$ was down 13%, building on a loss of 11% on Friday, after a software update from the cybersecurity company caused outages for millions of MSFT Windows user across the globe. Flight cancellations caused by the outage continued through the weekend. At least three Wall Street analysts downgraded the stock. CRWDโs decline Monday was its largest percentage decrease since Nov. 30, 2022, when it fell nearly 15%, according to Dow Jones Market Data. Microsoft said Saturday it estimates about 8.5 million computers worldwide were disabled by the outage.
$Tesla Motors(TSLA)$ stock was 5.2% higher. The company is scheduled to report its second-quarter earnings on Tuesday after the stock market closes. Wall Street expects earnings of 61 cents a share from the electric-vehicle maker, which reported better-than-expected second-quarter deliveries in early July.
$ON Semiconductor(ON)$ gained 6.6%. The company said it would provide VOW3 with advanced silicon carbide microchips that the auto maker can use on all of its next-generation electric vehicles.
Google Scraps Plan to Remove Cookies from Chrome
Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet.
The major reversal follows concerns from advertisers - the company's biggest source of income - saying the loss of cookies in the world's most popular browser will limit their ability to collect information for personalizing ads, making them dependent on Google's user databases.
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๐๐๐ Bet on Tesla Stock Movement and Win Tiger Coins!
Click here to vote! Guess how will $Tesla Motors(TSLA)$ move today? If you get the correct answer, you may divide 1000 Tiger Coins among other Tigers.
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Bet on Tesla Stock Movement and Win Tiger Coins!(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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