Tesla Surge Helps Stock Market Extend Gains

SAP Gains $26 Billion in Market Value, Surging Past ASML

The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.

Business - The Wall Street Journal - October 22

SoFi’s stock set to extend surge — and this is what’s driving recent optimism

LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.

Business - MarketWatch - 6 days ago

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.

Business - MarketWatch - October 24

Hong Kong’s IPO market could benefit from robo-vehicle boom

If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this year

World - Financial Times - October 16

The stock market gains the most when this political party occupies the White House

The S&P 500’s annualized total return has been 11.0% in years when a Democrat is president and Congress is Republican-controlled.

Business - MarketWatch - 5 days ago

China’s Stock Markets Rebound on Promises to Help Businesses

Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.

Business - The New York Times - October 14

Cathie Wood’s ETFs sell Tesla’s stock, after another earnings-related surge

Cathie Wood’s ETFs used Tesla’s blowout earnings report to trim their stakes, just like they did in July after blowout deliveries data

Business - MarketWatch - 6 days ago

Elon Musk’s wealth sees record two-day swell as Tesla’s stock surges

The EV giant’s stock is seeing the biggest two-day price gain in its history, adding $38 billion to Musk’s wallet.

Business - MarketWatch - 5 days ago

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion.

Business - CNBC - October 24

James and Davis help Lakers extend winning start

LeBron James and Anthony Davis combine for 63 points as the LA Lakers come from behind to beat the Sacramento Kings.

Sports - Yahoo Sports - 4 days ago

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - 6 days ago

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted

World - Financial Times - 6 days ago

Biotech stock tumbles after unexplained 1,446% gain

Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.

Business - MarketWatch - October 16

UK capital gains tax receipts surge ahead of Budget

Revenue rises 16.3% between July and September as investors rush to get ahead of expected rate increase

Business - Financial Times - October 22

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Elon Musk’s Tesla Just Reminded Everyone Who Dominates the EV Market

The automaker beat Wall Street’s earnings expectations and the Cybertruck achieved profitability.

Business - Inc. - October 24

Tesla adds close to $150bn in market value on best day in over a decade

Car company sees biggest single-day stock gain since 2013 as CEO Elon Musk forecasts up to 30% in sales growth. Tesla shares closed up nearly 22% on Thursday – their biggest single-day gain in over ...

World - The Guardian - October 24

U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel

Traders increasingly view a supply disruption in the Middle East due to Israel-Iran tensions as unlikely.

Business - CNBC - October 22

New York Stock Exchange to extend after-hours trading

Trading would open at 1:30 a.m. and end at 11:30 p.m. ET on weekdays on the Arca electronics exchange, if approved by regulators.

Business - CNBC - 6 days ago

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - Yesterday

Chinese stocks gain after Beijing lays out fiscal plans

Government plans to increase spending to boost world’s second-largest economy

Business - Financial Times - October 14

U.S. stocks add to all-time high with more gains on Monday

U.S. stocks are rising in afternoon trading Monday building on its record set on Friday

Space stocks climb again as ‘momentum sector’ drives gains

Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches.

Business - MarketWatch - October 16

Netflix’s stock is gaining — but investors should get ready for the new reality

One analyst saw subscriber performance as the biggest highlight of Netflix’s report. But he reminded investors that this metric is going away early next year.

Business - MarketWatch - October 18

Nvidia’s stock is up nearly 200% this year, and a critical time for tech awaits

With Alphabet, Meta, Microsoft and Amazon all set to report results this week, chip-sector investors should pay attention to cloud growth and spending forecasts.

Business - MarketWatch - 3 days ago

We're locking in a 52% gain in this hot industrial stock and changing our rating

The industrial stock will need to beat a high bar for the stock to rally after it reports earnings Thursday.

Business - CNBC - 2 days ago

Tech stock sell-off wipes out Wall Street’s October gains

Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early September

World - Financial Times - 5 hours ago

MLB playoff viewership surges as big market stars vie for World Series

Major League Baseball is enjoying a resurgence in popularity that at one point looked like the sport was in jeopardy of never returning to.

Business - CNBC - October 16

MLB playoff viewership surges as big market stars vie for World Series

Major League Baseball’s postseason has been knocking it out of the park.

How to help your minister feel the bond market

A gascon’s guide to gilts

World - Financial Times - October 23

These stock-market watchers love this sector — and it’s not technology

My report on stocks and funds popular among top-performing investment newsletters

Business - MarketWatch - October 14

Does the Stock Market Want Trump to Be President?

Election odds favor Trump over Harris, but investors actually care about the Fed and economic data more than the White House.

Business - Inc. - October 17

Why Chinese Are Rushing Into a ‘Casino’ Stock Market

Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.

Business - The New York Times - October 21

Japan’s stock market is producing too many ‘punycorns’

The country urgently needs a vibrant business pipeline to replace the unicorn’s unambitious cousin

World - Financial Times - October 23

In stampeding hungry crowd, children wait in vain for bread

As fears of starvation mount across of Gaza while Israel's war with Hamas rumbles on, in the city of Khan Younis, people hoping for bread crowd around a bakery.

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - October 24

Trump's DJT stock is surging, lifting Truth Social. Here's why.

Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.

Netflix's subscriber growth is slowing, but its profit and stock price are still surging

Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off

Tech - ABC News - October 17

Nuclear energy stocks hit record highs on surging demand from AI

Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisation

Business - Financial Times - October 20

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