JPMorgan is deeply skeptical of Wall Street's upbeat reaction to Tesla's earnings
"The move higher in Tesla shares bore no relation whatsoever to the company's financial performance in the quarter," JPMorgan said.
"The move higher in Tesla shares bore no relation whatsoever to the company's financial performance in the quarter," JPMorgan said.
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the short term," Mike Wilson said.
China's top financial market regulator said on Saturday that "stabilising the market, stabilising confidence and stabilising expectations" were priorities as the government works to provide better access to capital for leading technology. Wu Qing, who took over as the head of China's Securities Regulatory Commission a year ago when China's stock markets were sliding, said regulators had been working to restore confidence since late September, when Beijing rolled out a series of stimulus measures.
Trump Media & Technology Group this week gave its directors blocks of shares currently worth just over $825,000 – including to Kash Patel and Linda McMahon, two of President Donald Trump’s key nominees to serve in his administration.
Palantir Technologies is set to report fourth-quarter results after the market closes Monday, with analysts expecting revenue and adjusted earnings growth.
The Texas Stock Exchange (TXSE) is eyeing a 2026 launch after submitting paperwork to operate as a national securities exchange, its parent company said on Friday. The company hopes the U.S. Securities & Exchange Commission will approve the application before the end of the year as it attempts to disrupt the New York-dominated industry. The proposed exchange said it wants to reverse the shrinking number of publicly traded companies, tackling what it described as the high cost of going public and remaining on exchanges.
Trump promised tariffs on chips, and said oil and gas tariffs are likely by Feb 18. The White House said Trump on Saturday will implement tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods with immediate effect. Trump acknowledged that tariff costs are sometimes passed along to consumers, and said his plans may cause a short-term disruption.
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