Tesla cuts production of Model Y in China
Key points: Starting in March 2024, Model Y production at Tesla’s Shanghai plant has been reduced by 20%. Tesla is shifting its …
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
Nvidia shares rose more than 9%
Key points: The sharp jump in Nvidia shares led to a daily gain in the company’s market capitalization. Nvidia shares closed at …
Markets close lower after Fed minutes
Key points: All three major US indices closed in the red on Wednesday, May 22. Nvidia shares rose 6% in after-hours trading. The minut…
Markets close higher ahead of Nvidia report
Key points: American stock indices showed slight growth. The S&P 500 and Nasdaq hit record highs. Investors expect the Fed to cut …
Traders are waiting for growth in Nvidia shares
Key points: Analysts are forecasting significant growth after earnings report on May 22. Volatility may be lower than last quarter. Po…
US markets closed with records on Friday
Key points: All three major US stock indexes hit new records. The S&P 500 index has risen 11% since the beginning of the year, rec…
Walmart announces strong Q2 guidance
Key points: Walmart reported better-than-expected quarterly results. Adjusted earnings per share were 60 cents, beating estimates of 5…
Dow reached 40,000 but closed lower
Key points: The Dow Jones index touched the 40,000 point mark for the first time in history, but along with other indexes it closed lo…