Dow and other major indexes raised the income report from Tesla, a major technology.TSLA+3.71 %), Meta (Meta+1.80 %), And Microsoft (msft+1.28 %) However, AI Stock NVIDIA (NVDA+0.70 %) Dropped 2 %, and continued to decline after it was hit strongly. Release of DeepSeekEfficient -Sriifty AI model.
By the afternoon, the Dowjones’s industrial average earned about 240 points (0.54 %). High -tech NASDAQ and S & P 500 increased 0.18 %, respectively, 0.53 %. On the other hand, the latest report on US gross domestic production (GDP) indicates that the economy grew 2.3 % a year in the fourth quarter. This was slightly lower than the economist’s expectation for an increase by 2.5 %.
Investors are also waiting for a revenue report from Apple (AAPL+1.80 %), Financial renewal from a major Master Card to be released after the closing bellMa-0.45 %) And visa ()v+0.63 %)
Tesla jumps 3.5 % despite lack of expectations for revenue.
Tesla (TSLA+3.71 %) The stock has risen Despite the fourth quarter revenue and other metrics, the Wall Street has not reached the expectation of Wall Street. An electric car manufacturer based in Austin, Texas reported that the 4th quarter revenue was $ 25.7 billion compared to last year’s $ 25.2 billion. However, according to the estimation edited by FactSet, the analyst was expecting $ 27.2 billion (Fds+0.82 %)
Car earnings decreased by 8 % from September to the quarter of December to $ 19.8 billion, but it still accounts for most of Tesla’s income. Sales increased compared to the previous year We’re screwed In response to Wall Street’s expectations, Press Tesla with a finish line to achieve the target of 1.8 million units, which would match the delivery in 2023.
-William Gavin has contributed to this article