Tesla (TSLA) shares staged a dramatic recovery ahead of the company’s upcoming earnings report scheduled for July 23. Despite a slip in its deliveries compared to a year ago, the number of deliveries beat Wall Street’s expectations. This “bad news” was “good news” on the market sentiment front, and the…
S&P 500 earnings are in for 2024 Q1, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the S&P 500 would have to be in order to have an overvalued P/E of 20 (red line), a fairly valued…
A thorough analysis of and use code STOCKCHARTS for 20% off your first 12 months! Value Sectors Thrived in Q1, Struggled in Q2 In this series of charts, each line represents a simple ratio of the performance of one sector versus the S&P 500 index. If the line is going up,…
The former leader of Northern Ireland’s most prominent pro-union party, Jeffrey Donaldson, will stand trial over allegations of historical sex offenses including one charge of rape. Donaldson stepped down as leader of the Democratic Unionist Party (DUP) in March after he was charged with 11 sexual offenses. The politician has since…
Hurricane Beryl, an early-season storm super-charged by abnormally warm ocean temperatures, is tearing through the Caribbean. Grenada’s Carriacou island was “flattened” when Beryl made landfall as a Category 4 storm. Several charities are actively distributing aid throughout the region. If you’d like to help victims, click here or use the form below.…
France’s most streamed singer Aya Nakamura has joined the chorus of voices calling on the French electorate to vote against the far right in Sunday’s high stakes election. The National Rally party, which is slated to win big in this Sunday’s second round of voting, has drawn criticism and concern…
Israel and Hamas appear to be on the brink of a framework agreement for a ceasefire and hostage release deal, an Israeli source familiar with the negotiations said. Israeli officials believe Hamas’ latest response will enable the two parties to enter detailed negotiations to reach an agreement, the source said.…
Hezbollah said that it fired more than 200 missiles at Israeli military sites in retaliation for the killing of one of its senior commanders in southern Lebanon. Muhammed Neamah Naser, a commander in Hezbollah’s Aziz Unit, was “eliminated” on Wednesday, the Israel Defense Forces (IDF) said, blaming him for directing…
Israeli Prime Minister Benjamin Netanyahu has authorized his negotiators to enter into detailed negotiations to try and broker a ceasefire and hostage release deal with Hamas, an Israeli official and a source familiar with the negotiations said. The decision signals that Israel and Hamas are entering a new phase of…
Eyewitnesses have recounted scenes of chaos and confusion after a religious festival in northern India ended in tragedy when scores of people were killed in a crowd crush. At least 121 people died – almost all of them women – and 35 others were injured when overcrowding at a sermon in…