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Tag: Tesla Inc

Asia-Pacific markets trade mixed after Nasdaq extends gains backed by technology
Technology

Asia-Pacific markets trade mixed after Nasdaq extends gains backed by technology

Consumers see inflation, spending sliding over next year, according to New York Fed SurveyDow, S&P 500 close down while Nasdaq posts second day of gainsAt market close Monday, the Dow and S&P 500 traded down despite both trading up earlier in the day.The S&P 500 whipsawed around the flatline in the afternoon, closing down just 0.1%. The Dow ended down 0.3% as investors focused on growth names as hopes grew over cooling inflation.But the Nasdaq Composite ended up 0.6%, helped by a nearly 6% rally in Tesla and jumps in other tech names.Losses were concentrated in recent winners, like health care, energy and aerospace and defense.— Alex Harring, Scott SchnipperTesla jumps 7% as electric vehicle stock rallies off 2-and-a-half year lowTesla rose more than 7% as investors pulled t...
AMC Entertainment, Tesla, Micron, Under Armour and more
Entertainment

AMC Entertainment, Tesla, Micron, Under Armour and more

Pedestrians pass in front of an AMC theater in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.AMC Entertainment — Shares plummeted 14.8% after the company proposed a reverse stock split and announced a new $110 million capital raise in an attempt to minimize its debt load. Shares of its preferred stock surged more than 64%.Tesla — Shares fell more than 9% during Thursday trading. Tesla offered a $7,500 discount on its Model 3 and Model Y vehicles delivered in the United States by year-end, as well as 10,000 miles of free supercharging for those vehicles, according to its website.Micron Technology — The semiconductor stock shed 5% after the company shared disappointing quarterly earnings and revenue, which it attributed to slowing demand expected to ...