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Telsa Inc (NASDAQ: TSLA) is one of the world’s largest producers of fully performance and production electric vehicles, including cars and trucks; plus the associated accessories (software, charging bays, batteries, etc.). It is run by entrepreneur Elon Musk.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) were as much as 1.1 per cent higher during Thursday’s session following the US Federal Reserve’s decision to hike interest rates. By Friday midday, the ASX 200 was again trading lower, this time down 2%.
Amongst the 100 best performing US stocks (i.e. those with 1000% returns or more) are Tesla Inc (NASDAQ: TSLA), NVIDIA (NASDAQ: NVDA) and Netflix Inc (NASDAQ: NFLX). Here are my lessons learned.
US stock markets couldn’t keep the positive streak going beyond one week as Tesla (NASDAQ:TSLA) shares made headlines on Friday.
The weakest monthly inflation print in close to two years offered the best possible backdrop for the S&P/ASX 200 (INDEXASX:XJO) on Monday.
All three US stock markets suffered their worst falls since the pandemic hit, led by the Nasdaq which finished 4.7% lower.
After nearing a bear market, all three US stock markets are showing signs of recovery, led by the Nasdaq which gained 2.8% overnight.
US stock markets appeared to reverse a three-day losing streak overnight as Peloton (NASDAQ:PTON) shares made headlines.
US stock markets weakened once again overnight following comments from Federal Reserve Chair Jerome Powell.
US stock markets were mixed on Friday with the Dow Jones up 0.4% but the Nasdaq falling 1.3% as Tesla (NASDAQ:TSLA) was in the news.
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