Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.
The Federal Reserve is expected to keep interest rates on hold on Wednesday. Plus, earnings reports from Apple, General Motors, Starbucks, Microsoft, Tesla, and Exxon Mobil.
The euro pared session losses and benchmark bond yields fell near to a three-week trough after the European Central Bank cut interest rates by a quarter point, saying it expects inflation to fall back to its target later in the year.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
Good morning. Meta and Tesla shares gain on solid earnings news. The European Central Bank is widely expected to cut rates again. And increasing thefts in Britain are costing retailers billions of pounds.
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment commitment,
Gift Nifty was trading around 23,441 level, a premium of nearly 23 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
By Marc Jones and Lawrence Delevingne LONDON/BOSTON (Reuters) -World markets were suddenly looking calmer on Wednesday as the week’s rollercoaster ride for stock markets turned into wait-and-see ahead
On Wall Street, after-the-bell earnings reports from members of the Magnificent Seven megacap tech stocks were a mixed bag
World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut a quarter-point interest rate to 2.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday after a rush of profit reports from some of the country's most influential companies.