Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system in an apparent effort to boost the company's earnings.
The Nasdaq 100 index, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), ended Monday 1% higher, breaking a three-day losing streak as traders prepare for a crucial week of earnings reports from some of the tech sector’s most influential names. This week’s earnings lineup features four Magnificent Seven giants like Tesla Inc. (NASDAQ:TSLA), which will report on Tuesday, followed by Meta Platforms Inc. (NASDAQ:META) on Wednesday, and both Microsoft Corp. (NYSE:MSFT) and Alphabet Inc. (NASDAQ:GOOGL