$100 Invested In Ross Stores 20 Years Ago Would Be Worth This Much Today
Annual Review | The strongest sector in US stocks for 2024 has been revealed! Technology stocks are leading the way, with the "new AI superstar" Applovin skyrocketing over 700%, and NVIDIA rising over 170% at one point becoming the top company by Market C
The three major U.S. stock indices have repeatedly set historical highs this year, with the Dow Jones Industrial Average once breaking the 45,000-point barrier, and the Nasdaq continually approaching the 20,000-point mark. Even more exciting is that the S&P 500 Index has successfully stood above 6,000 points, marking the 57th closing high of the year.
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Tesla has reached a historical high for the first time in three years! Wall Street significantly raised its targets, and Musk has become the world's richest person with a fortune exceeding 400 billion.
Last week, Bank of America raised the Target Price for Tesla by 14%, and the long-term bearish Analyst Craig Irwin upgraded the rating to Buy, with the Target Price increased by 347%; this week, Morgan Stanley raised the Target Price by 29%, and Goldman Sachs raised it by 38%. Tesla's stock price rose nearly 6% on Wednesday, and Musk, whose personal wealth comes from Tesla Stocks and Options, refreshed the record for the highest personal Assets of the Global richest.
Earnings Snapshot: Adobe Sets FY25 Targets Below Expectations, Beats FQ4 Consensus
Tesla Blows Past Its Old Closing High of Three Years Ago
Adobe's performance guidance did not meet expectations, falling over 8% in after-hours trading | Earnings Reports insights.
Adobe released its fourth-quarter results on Wednesday after Post-Market Trading, showing that although the company's adjusted EPS exceeded expectations for the fourth quarter, the guidance for fiscal year 2025 fell short of expectations. Adobe's stock dropped over 8% in post-market trading at one point. Analysts believe that Adobe's disappointing performance guidance has intensified market concerns about the company's potential impact from emerging AI startups.
Benzinga Market Summary: Nasdaq Rises Above 20,000 Amid Strength In Tech Stocks, Adobe To Report After The Close, Bitcoin Rises
Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs
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Democratic Congressman Bought DJT Stock After 2024 Election, Months After Saying Donald Trump 'Unfit To Serve'
Alphabet's Quantum Willow Chip Wows Analyst: Google At The 'Leading Edge Of Technology Innovation'
Meta Platforms Suffers Major Outage: Facebook, Instagram And Other Apps Down For Thousands
Costco Q1 Earnings Preview: Membership Fee Increase In Focus With Shares At All-Time Highs
Google Introduces AI Agent Prototype That Can Browse The Web