Tesla Motors

Tesla Q3 earnings - what to watch. EUR/USD falls below 1.08 as more ECB rate cuts are expected.

The stock has become almost as polarizing as the upcoming election and Tesla appears to be in position to benefit regardless of who wins, although to varying degrees.

Stocks are pointing to a modestly higher start as earnings continue to roll in. However, gains could be limited after stronger-than-expected US durable goods orders revived concerns over the Fed keeping rates high for longer. Tesla is set to open 12% higher despite missing both earnings and revenue estimates. The market was more impressed by the news of an acceleration in the production of affordable EV models. Meta will report after the close.

US indices point to a stronger start as corporate earnings continue to roll in. Earnings are providing a welcomed distraction after worries over the Fed keeping rates high for longer hurt sentiment last week. US PMI data is due shortly and is expected to show business activity grew at a faster pace. Tesla is due to report after the close after the EV maker's deliveries fell in Q1 and as the share price trades down 40% this year.

S&P 500 and the FTSE fell last week after the market pushed back Fed rate cut expectations and as geopolitical tensions hurt risk sentiment. Look ahead; US core PCE will be a key focus next week, as well as earning season with Tesla earnings and UK bank's earnings.

US stocks are heading for a higher start despite Tesla's disappointing outlook and after stronger-than-expected GDP data. US GDP rose 3.3% in Q4 annualized, ahead of the 2% forecast but down from 4.9% in Q3. Treasury yields declined after the data, lifting stocks and dragging on the USD. Earnings continued to roll in. Tesla points to an 8% fall after missing on both the top and bottom line and warning of slower growth in 2024.

The most volatile stocks can be prized among day traders and others – offering lots of opportunity as well as risk. So, what are the most volatile stocks in 2023?

All eyes are on how price cuts are impacting margins and whether more reductions will be needed to support demand.

Tesla stock has plunged after margins contracted to their lowest level in years as it doubles-down on price cuts to drive demand.

All eyes are on the impact of price cuts on profitability, with Wall Street anticipating the tightest margins since late 2019.

Tesla shares are falling after record deliveries failed to impress the markets.

Just seven companies make up over half of the Nasdaq 100.

It may have taken a few weeks, but markets are finally pricing in what we argued all along; a higher terminal rate and no cuts this year.

Tesla posts record quarterly results, reviving tech after Microsoft's hit. US Q4 GDP bears forecasts but consumer spending falls short.

Tesla is confident it can lower prices and grow volumes while maintaining superior profitability over its rivals.

Will demand falter in 2023, and is Tesla willing to sacrifice profitability to prop-up sales?