SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The Electric Car, or MPG "what me worry?"

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sr K1/26/2024 9:07:42 AM
   of 17361
 
WSJ

One Stock in the ‘Magnificent Seven’ Isn’t So Magnificent

Tesla shares have dropped during an otherwise banner stretch for technology heavyweights

By
Gunjan Banerji
and
Charley Grant
Jan. 26, 2024 5:30 am ET

Share

Resize

Listen
(4 min)

Tesla this week reported earnings and revenue that missed expectations. PHOTO: MIKE STEWART/ASSOCIATED PRESS

The stocks in the Magnificent Seven are off to the races again in 2024, with one notable exception: Tesla.

The electric-vehicle maker has been the laggard among the group of big technology stocks that powered markets higher last year. Microsoft, Meta Platforms and Nvidia have kept climbing to new highs, riding the mania around artificial intelligence and powering the broader market to repeated records as well.

Exc.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext