Our series "Generation Trader" highlights the most compelling business stories that are moving the market while utilizing E*TRADE's innovative trading platform. In this episode Cheddar's Hope King and Baker Machado take a look at Tesla's performance.
The automaker reported 2017 fourth quarter earnings last week, so we felt it fitting to take a deep dive on this stock's performance and see how it compares to legacy automakers. It's been a busy time for the company's CEO Elon Musk.
Musk's other company, SpaceX, launched the original Tesla roadster into space last week with the launch of the Falcon Heavy rocket.
The day after Tesla's latest earnings report you can see a drop in investor confidence. Shares fell more than 8 percent in reaction, but the overall markets were also down big that day. While Tesla did try to smooth over concerns over Model 3 production, the automaker said it expects to spend more money this year than in 2017. The company slightly beat on analyst expectations for revenue, generating $3.3 Billion dollars for the quarter, a 36 percent increase from the year before.
GoFundMe launches Back in Business Fund with Paris Hilton to provide targeted grants helping women entrepreneurs recover and rebuild after natural disasters.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Gen Z workers are increasingly worried AI could replace their jobs. However, experts say companies are using AI more to assist workers than replace them.
Matt Schultz of CleanSpark discusses Bitcoin mining and AI infrastructure converge, energy demand dynamics, and the company’s position in the evolving market.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
Angi is partnering with OpenAI to bring its home services marketplace directly into ChatGPT, allowing users to go from questions to booking local pros.
