Tesla Stock Set to Surge on Elon Musk's China 'Home Run'
Elon Musk seems to have won Beijing's backing for Tesla's autonomous driving technology in China in a move one analyst called a "watershed moment."
Stay updated with breaking news from Nvesting Analysis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Elon Musk seems to have won Beijing's backing for Tesla's autonomous driving technology in China in a move one analyst called a "watershed moment."
The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong first-quarter earnings reports.
Meta stock fell as much as 15% in after-hours trading on fears about the costs of its AI drive and lackluster revenue guidance for the second quarter.
The March non-farm payrolls report, due to be published at 8.30 a.m. ET, could shape the Federal Reserve's interest rate stance.
Traders have started to bet that the Federal Reserve will hold off on interest rate cuts until later this year, with the economy still looking strong.