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Tesla’s Earnings Are Coming. 3 Things to Watch For Before the Drama Begins.
Barrons.com23d agoneutral
Tesla’s Earnings Are Coming. 3 Things to Watch For Before the Drama Begins.

Tesla is set to report second-quarter earnings after Wednesday's market close. For the period, Wall Street is looking for earnings per share of 55 cents and an operating profit of $1.7 billion from sales of $27.3 billion, according to FactSet. Higher oil prices, Tesla incentives, and EV retrenchment from traditional car makers helped boost Tesla’s numbers.

Adam Smith’s ‘Wealth of Nations’ Helped Create the World’s Wealthiest Nation
Barrons.com23d agoneutral
Adam Smith’s ‘Wealth of Nations’ Helped Create the World’s Wealthiest Nation

“Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and his capital into competition with those of any other man, or order of men,” Adam Smith wrote in , published March 9, 1776. Thomas Jefferson didn’t get a chance to read Wealth of Nations before starting on the Declaration of Independence two months later. Jefferson’s assault was political, arguing that a free people had the right to reject a tyrannical king.

Review & Preview: Bounce
Barrons.com23d agoneutral
Review & Preview: Bounce

The Dow Jones Industrial Average added 0.7% while the S&P 500 rose 0.9% and the Nasdaq Composite gained 1.3%. Semiconductor stocks logged their best day in a month. Overall, traders “shrugged off the news from the War in favor of buying the chip makers again, presumably on the hope that the AI hyperscalers, when they report second-quarter earnings over the next few days, will also report large capital spending plans,” wrote Macquarie Strategist Thierry Wizman.

Chip Stock Surge Snaps the Market's Skid
Barrons.com23d agobullish
Chip Stock Surge Snaps the Market's Skid

A furious rebound in semiconductor stocks on Tuesday helped the major indexes snap their recent skid. The Nasdaq rallied 1.3%. The S&P 500 gained 0.9%. The Dow rose 384 points, or 0.7%. The major indexes snapped three-day losing streaks.

Tesla Is $370: Should You Buy?
24/7 Wall St.23d agobullish
Tesla Is $370: Should You Buy?

Tesla's latest earnings beat sent bulls scrambling to defend a valuation that prices in three businesses that do not yet exist, while the one that does keeps losing ground. Before Q2 results land on July 22, the gap between story and spreadsheet deserves a hard look.