TSLA Rises Amid Soft U.S. Market; NVDA Falls Over 1%

18 hours ago

Investors are closely monitoring the trade tensions between U.S. President Trump and other countries, alongside the release of second-quarter earnings reports from companies. As a result, U.S. stocks started the week on a weaker note. The S&P 500 index opened slightly lower by 4 points and declined by approximately 0.3%. The Dow Jones Industrial Average opened 25 points lower, while the Nasdaq reversed an initial 7-point gain to fall over 0.4%.

Tesla (TSLA, Financial) saw an increase of 1% despite the downward trend in the market. CEO Elon Musk stated there are no plans to merge Tesla with xAI. Meanwhile, Nvidia (NVDA) shares dropped by over 1%.

Major banks such as JPMorgan Chase (JPM) and Goldman Sachs (GS) are set to release their earnings reports soon, with both stocks remaining stable. In the cryptocurrency sector, Bitcoin's price exceeded $120,000 for the first time, boosting related stocks. MicroStrategy (MSTR) surged nearly 4% as a result.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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