World Market News of the 3 April with FXOpen #teslastock #nvidiastock #msftstock #oilprices
Tesla Shares Fall after Deliveries Drop 8.5% from a Year Ago
Tesla reported first-quarter vehicle deliveries of 386,810, a drop of 8.5% from the same quarter last year.
According to a mean of 11 estimates compiled by FactSet, analysts were expecting deliveries of around 457,000 for the first three months of the year.
This was Tesla’s first year-over-year decline in deliveries since 2020, when its operations were disrupted by the global pandemic.
Source: CNBC
Magnificent Seven: Nvidia, Meta Fall Despite Bullish Calls
The other Magnificent Seven stocks ended Tuesday mostly lower.
Nvidia was off lows, but finished the session down 1% as it tests support at the 21-day line. The Leaderboard stock is extended past its most recent entry. Oppenheimer reiterated an outperform rating today.
Meta Platforms managed to fight its way out of negative territory to rise 1.2%. Bank of America reiterated a buy rating while it hiked its price target to 550 from 510.
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