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Tesla Shares Jump After Earnings Beat on Margins, Profitability and Robotaxi Progress

by The Wealth Advisor Contributor
Tesla shares climbed in after-hours trading Wednesday after the electric vehicle and AI company reported first-quarter results that handily beat Wall Street's expectations on profitability and cash generation, even as revenue came in slightly below some analyst targets.

Featured

Citi Wealth Introduces AI-Powered Client Assistant Built on Google's Technology Stack

Citi Wealth this week unveiled Citi Sky, an AI-powered assistant designed to give wealth management clients real-time access to financial guidance through a conversational voice and avatar interface.

Alpha Vee’s Case for Direct Indexing Done Right: Research, Transparency, and Real Tax Alpha

Alpha Vee CEO Leigh Eichel on why owning indexes, rather than licensing, is the foundation of direct indexing that delivers for advisors and clients.

AI As An Investment Theme Operates Under A Unique Level of Scrutiny

Artificial intelligence as an investment theme continues to operate under a uniquely intense level of scrutiny.

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Wall Street Hits Record Highs After Reports U.S. Signs Trade Deal With China

The stock market rallied to new all-time highs on Thursday after numerous reports onfirmed a phase one trade deal with China.

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Markets primed for early 2020 'melt-up': BAML

Bank of American Merrill Lynch analysts on Friday predicted bullish investors would continue to drive equity markets higher early next year.

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Credit Suisse Spy Case Heats Up

A former Credit Suisse Group AG employee in the U.S. alleges that the Swiss bank had her followed after she was involved in an accounting dispute.

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Gundlach Calls Possibility of a 2020 Recession ‘Very Unlikely’

DoubleLine Capital CEO and Wall Street “Bond King” Jeffrey Gundlach is not worried about a possible recession in 2020.

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Charles Schwab Accelerates AI Strategy

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Goldman Sachs Believes The Market Will Continue To Rally

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Kevin Warsh Stated He Had Not Been Asked Nor Would He Agree To Predetermine Interest Rate Actions

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Osaic Expands Empowered Independence Channel With Pointes North Wealth Management

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