Tesla Inc. (NASDAQ: TSLA) has urged customers to lock in purchases ahead of the September 30 deadline for the Federal EV credit to avail the incentive, as Q3 deliveries look poised to exceed analyst estimates.EV Credit Deadline Is Just Around The CornerThe company's North American handle posted on the social media platform X on Sunday, urging customers to lock in their purchase before the deadline. "2 days left to lock in $7,500 fed tax credit," Tesla said in the post along with a link to the website.IRS Up ...

Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang has hinted that U.S. policies aimed at slowing China's artificial intelligence progress might have instead accelerated domestic competitors like Huawei Technologies.Huang Says China's AI Push Cannot Be UnderestimatedSpeaking on the Open Source podcast with Bill Gurley and Brad Gerstner that was posted last week, Huang pushed back against assumptions that China lags years behind U.S. innovation.Instead, he described Chinese firms as "formidable, innovative, hungry ...

Billionaire hedge fund manager Bill Ackman described one of the most lucrative trades of his career during a recent appearance at The Citadel, calling a bet on a bankrupt shopping mall operator “the best investment” he ever made.The Most ‘Contrarian’ Investment You Can MakeSpeaking to cadets and guests at the Baker School of Business, Ackman recalled buying a 25% stake in General Growth Properties (GGP) in late 2008, when the company's stock had plunged from $63 to just 34 cents per share.“The stock went fr ...

Shares of Merus NV (NASDAQ: MRUS) rose sharply in today's pre-market trading.Genmab announced plans to acquire Merus for $8 billion in all-cash deal adding breakthrough therapy Petosemtamab to its late-stage pipeline.Merus shares jumped 38.2% to $95.21 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersSteakholder Foods Ltd – ADR (NASDAQ: STKH) rose 92% to $8.32 in pre-market trading. Steakholder Foods recently announced signing of agreement for the acquisition ...

Chipmaker Nvidia Corp.’s (NASDAQ: NVDA) CEO Jensen Huang pushed back against Wall Street's long-term outlook for the company, saying analysts are underestimating the scale of artificial intelligence demand.Dismisses Wall Street ForecastsOn last week's Open Source podcast, Huang was asked about Wall Street consensus from 25 analysts projecting Nvidia's growth "flatlining" after 2027. He said he had no issue with those forecasts but argued they fail to capture the scale of AI adoption that is now underway.Dur ...

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.U.S. stocks settled higher on Friday, with the Dow Jones index gaining around 300 points during the session following the release of inflation data.Inflation figures released Friday showed no surprises but indicated the Fed's need for caution on its rate-cut cycle. The Personal Consumption Expenditures (PCE) price index rose 2.7% year-over-year in August, up fr ...

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Neutral” zone on Friday.U.S. stocks settled higher on Friday, with the Dow Jones index gaining around 300 points during the session following the release of inflation data.Inflation figures released Friday showed no surprises but indicated the Fed's need for caution on its rate-cut cycle. The Personal Consumption Expenditures (PCE) price index rose 2.7% year-over-year in August, up fr ...

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Carnival Corp (NYSE: CCL) to report quarterly earnings at $1.32 per share on revenue of $8.10 billion before the opening bell, according to data from Benzinga Pro. Carnival shares gained 0.1% to $30.65 in after-hours trading.Analysts are expecting Progress Software Corp (NASDAQ: PRGS) to post earnings at $1.30 per share on revenue of $240.11 million for the ...

The S&P 500 is heading into what is historically its strongest season, but a specific set of market conditions is flashing a warning sign for investors in the immediate short-term.While the fourth quarter has delivered the best average returns for the index since 1950, historical data shows that a strong year-to-date performance through September often leads to a flat or negative October, creating a conflicting picture for Wall Street.A Strong Fourth Quarter Is On The CardsData compiled by Carson Research’s ...

U.S. used electric vehicle sales surged recently as the September 30 deadline for the $7,500 federal EV tax credit puts the industry on high alert.Used EV Sales Jumped 59% In AugustPre-owned EVs are almost as affordable as their ICE-driven counterparts, with the average transaction price for a used EV in the U.S. reaching $34,700, according to Bloomberg on Saturday. The same data suggests 40,960 used EV units were sold in August, up 22% month over month and 59% YoY."It was just a matter of time until people ...