The S&P 500 snapped a two-day losing streak on Wednesday and climbed further away from a correction–defined as a 10% drop from a peak. That’s good news for investors, but a closer inspection takes ...
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Investor's Business Daily on MSNDow Jones Futures Fall After Nasdaq Rallies, Dominated By Tesla, Nvidia, PalantirThe stock market rebounded Wednesday on tame CPI inflation data, with hard-hit Tesla, Nvidia and Palantir dominating gains.
Tesla is worth around half of what it was three months ago, but it is still no bargain. As of Wednesday’s close, Tesla’s stock was trading at 89 times this year’s projected earnings. That's more than ...
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