Tesla (TSLA) made waves in the stock market recently when it became the best-performing stock in the S&P 500. This surge in performance was attributed to the announcement by the electric vehicle (EV) maker regarding a price increase for its popular Model Y. Tesla’s stock price soared after the company revealed plans to raise…
The amount of Bitcoin held by MicroStrategy has lagged behind that of BlackRock’s spot exchange-traded fund (ETF). As of March 8, almost 40 trading sessions after the Securities and Exchange Commission approved nine new funds on January 10, BlackRock’s IBIT had 197,943 Bitcoin, valued at almost $13.5 billion, according to statistics provided by BitMEX…
Shares of Best Buy Co. rose almost 8.1 percent on Thursday after the consumer electronics store reported a smaller-than-expected revenue decline in the fiscal fourth quarter ended February 3. The quarter lasted until early February and encompassed the holiday season. The Richfield, Minneapolis-based corporation reported sales of $14.65 billion for the quarter, down from $14.73…
Tesla stock has had a terrible start to 2024. It’s not unusual, but it’s severe enough that investors should be concerned. Tesla stock has dropped 12% this year. The S&P 500 and Nasdaq Composite have both been flat. Investors may be selling for a variety of reasons other than Tesla. The 10-year Treasury note yield…
When it comes to investing, we all want to find that one stock that will outperform the rest. Sure, the huge blue chip names can pull it off. However, finding tomorrow’s high fliers early on is where the real money is made. For average investors, the question is, how do you find those hidden treasures…