{"id":137991,"date":"2024-12-17T10:00:22","date_gmt":"2024-12-17T03:00:22","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=137991"},"modified":"2024-12-17T10:00:22","modified_gmt":"2024-12-17T03:00:22","slug":"tesla-stock-boosted-by-ai-self-driving-optimism","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=137991","title":{"rendered":"Tesla Stock Boosted by AI, Self-Driving Optimism"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"mntl-sc-page_1-0\" data-sc-sticky-offset=\"80\" data-sc-ad-label-height=\"0\" data-sc-ad-track-spacing=\"90\" data-sc-min-track-height=\"250\" data-sc-max-track-height=\"600\" data-sc-breakpoint=\"50em\" data-sc-load-immediate=\"1\" data-sc-content-positions=\"[300, 1, 1, 1250, 1, 1, 1, 1]\" data-bind-scroll-on-start=\"true\">\n<div id=\"mntl-sc-block_1-0\" class=\"comp mntl-sc-block finance-sc-block-callout mntl-block\">\n<div id=\"mntl-sc-block_2-0\" class=\"comp mntl-sc-block mntl-sc-block-callout mntl-block theme-whatyouneedtoknow\" data-tracking-id=\"mntl-sc-block-callout\" data-tracking-container=\"true\">\n<h3 id=\"mntl-sc-block-callout-heading_1-0\" class=\"comp mntl-sc-block-callout-heading mntl-text-block\">Key Takeaways<\/h3>\n<div id=\"mntl-sc-block-callout-body_1-0\" class=\"comp mntl-sc-block-callout-body mntl-text-block\">\n<ul>\n<li>The S&amp;P 500 added 0.4% on Monday, Dec. 16, as tech stocks edged higher ahead of this week&#8217;s Federal Reserve interest-rate announcement.<\/li>\n<li>Broadcom&#8217;s shares built on last week&#8217;s momentum after Wedbush analysts tapped the stock as a top semiconductor pick.<\/li>\n<li>Super Micro Computer shares fell following the stock&#8217;s removal from the Nasdaq 100 and reports that the server maker could be planning to raise capital.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p id=\"mntl-sc-block_3-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Major U.S. equities indexes were mixed to <a href=\"https:\/\/www.investopedia.com\/what-to-expect-in-the-markets-this-week-8760282\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">launch the trading week<\/a> ahead of Wednesday&#8217;s key Federal Reserve interest-rate decision.\n<\/p>\n<p id=\"mntl-sc-block_5-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> While traders widely expect the central bank to <a href=\"https:\/\/www.investopedia.com\/federal-reserve-fomc-meeting-december-2024-interest-rates-preview-8761052\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">announce another reduction<\/a> in borrowing costs, comments from Fed Chair Jerome Powell and a slew of other economic data will likely be in focus this week as investors aim to gauge the trajectory of the economy and future policy moves.\n<\/p>\n<p id=\"mntl-sc-block_7-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The S&amp;P 500 advanced 0.4%, while strength in the communication and technology sectors helped drive a gain of 1.2% and a record closing high for the Nasdaq. The Dow slipped 0.3%.\n<\/p>\n<p id=\"mntl-sc-block_9-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> After skyrocketing past the <a href=\"https:\/\/www.investopedia.com\/broadcom-joins-usd1-trillion-market-cap-club-as-stock-soars-on-ai-demand-8761050\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">$1 trillion market capitalization<\/a> milestone Friday, Broadcom (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=avgo\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">AVGO<\/a>) stock picked up this week right where it left off, soaring 11.2% to print another record and lead the S&amp;P 500 higher. The chipmaker reported <a href=\"https:\/\/www.investopedia.com\/broadcom-q4-fy-2024-earnings-8758941\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">better-than-expected quarterly sales and profits<\/a> last week, highlighting strong artificial intelligence (AI) sales. The momentum continued Monday as Bernstein analysts named Broadcom one of their top semiconductor picks alongside industry behemoth Nvidia (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=nvda\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\">NVDA<\/a>).\n<\/p>\n<p id=\"mntl-sc-block_11-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Tesla&#8217;s (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=tsla\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">TSLA<\/a>) stock popped 6.1% to an all-time high as Wedbush analysts discussed the potential upside of carmakers&#8217; AI and full self-driving (FSD) technology under the incoming presidential administration. Wedbush estimated that Tesla&#8217;s full self-driving and AI opportunity alone could be worth $1 trillion and expressed confidence that the Trump White House will streamline approval processes for these initiatives.\n<\/p>\n<p id=\"mntl-sc-block_13-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Micron Technology (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=mu\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">MU<\/a>) jumped 5.6% as the data storage chipmaker <a href=\"https:\/\/www.investopedia.com\/what-wall-street-analysts-think-of-micron-stock-ahead-of-earnings-8761309\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">prepares to release its quarterly results<\/a> on Wednesday afternoon. Consensus estimates call for strong year-over-year sales and profit growth. Earlier in December, Micron <a href=\"https:\/\/www.investopedia.com\/micron-lands-usd6-billion-in-federal-grants-to-make-chips-in-us-8759009\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">received around $6 billion in grants<\/a> under the <a href=\"https:\/\/www.investopedia.com\/chips-and-science-act-6500333\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\">federal CHIPS Act<\/a> to produce semiconductors in the U.S.\n<\/p>\n<p id=\"mntl-sc-block_15-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Super Micro Computer (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=smci\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">SMCI<\/a>) shares plunged 8.3%, losing the most of any S&amp;P 500 stock. The decline followed the announcement late last week that Supermicro would be <a href=\"https:\/\/www.investopedia.com\/palantir-microstrategy-and-axon-enterprise-to-join-nasdaq-100-8761424\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">among the three stocks removed<\/a> from the Nasdaq 100 as part of the influential index&#8217;s annual reconstitution. In addition, <em>Bloomberg <\/em>reported Friday that Supermicro had enlisted investment banking advisory firm Evercore (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=evr\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">EVR<\/a>) to help with a <a href=\"https:\/\/www.investopedia.com\/super-micro-computer-stock-nasdaq-100-removal-capital-raise-8761836\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\">potential capital raise<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_17-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of companies that operate <a href=\"https:\/\/www.investopedia.com\/articles\/markets\/070215\/what-pharmacy-benefit-management-industry.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">pharmacy benefit management (PBM)<\/a> businesses moved lower after President-elect Donald Trump suggested that eliminating the so-called &#8220;middle man&#8221; could be one way to reduce the cost of prescription drugs. Lawmakers introduced a bipartisan bill last week aimed at requiring insurers and PBMs to separate from their pharmacy businesses. CVS Health (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=cvs\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">CVS<\/a>) shares sank 5.6% Monday, while shares of major health insurers with PBM operations also lost ground.\n<\/p>\n<p id=\"mntl-sc-block_19-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Crude oil prices retreated from recent highs as consumer spending data from China came in below forecasts and ahead of this week&#8217;s Federal Reserve interest-rate announcement, pressuring oil and gas stocks. Phillips 66 (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=psx\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">PSX<\/a>) shares fell 5.2% after the refiner announced its 2025 capital plan and an agreement to sell its interest in a natural gas pipeline in Texas. Marathon Petroleum (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=mpc\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">MPC<\/a>) shares were down 5.1%.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.investopedia.com\/s-and-p-500-gains-and-losses-today-tesla-stock-boosted-by-ai-self-driving-optimism-8762339\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The S&amp;P 500 added 0.4% on Monday, Dec. 16, as tech stocks edged higher ahead of this week&#8217;s Federal Reserve interest-rate announcement. Broadcom&#8217;s shares built on last week&#8217;s &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=137991\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-137991","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137991"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137991\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}