Tesla, Alphabet and Wall Street
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Investor's Business Daily on MSNStock Market Today: Dow, S&P Climb On Trump-China Deal Hopes; Cathie Wood Loads Up On Tesla Stock (Live Coverage)The Dow Jones index rose after surprise economic data. Tesla stock rallied on new plans to launch its robotaxi service.
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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.
Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.
US stock market today saw mixed action as the Dow Jones dropped while the S&P 500 and Nasdaq inched higher, driven by strong Alphabet earnings and cautious outlook from Tesla. Alphabet jumped over 3% after boosting its AI investment,
Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to rebound. Click for my TSLA earnings update.
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.
Discover how the autonomous vehicle market could reshape mobility. Explore Tesla, Inc.'s bold vision vs. Alphabet Inc. progress. Click for more on TSLA and GOOGL.