Tesla’s stock surged Wednesday after Cathie Wood’s Ark Invest said it should rocket more than 15-fold in five years as the electric-vehicle maker evolves into a more profitable robotaxi company.
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Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate...
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Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.
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FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.