As the risk aversion heats up, the Dow opens 150 points lower and falls 6% more.2018-08-03 00:25:07 153 ℃
Market risk aversion sentiment The US stock index closed lower, the Dow fell 0.6%, the S&P fell 0.56%, and the Nasdaq fell 0.57%. Tesla rose 9% against the market, although earnings in the second quarter fell short of expectations, but revenues exceeded expectations, burning money slowed, and Model 3 production accelerated. The fight was much lower than 6%, and many law firms in the United States initiated class actions against them.
The S&P 500 index opened 15.84 points lower, down 0.56% to 2797.52 points. The Dow Jones Industrial Average opened at 151.02 points, a decrease of 0.60% to 25,182.80 points. The Nasdaq Composite Index opened at a low of 43.77 points, or 0.57%, to 7663.51 points.
Tesla rose 9%. Tesla announced its second quarter earnings for the 2018 fiscal year on Wednesday. The financial report shows that Tesla's second quarter revenue was $4.02 billion, up 43% from $2.79 billion in the same period last year; net loss was $743 million, a net loss of $401 million compared to the same period last year; attributable to ordinary shareholders The net loss was $718 million, an increase from $336 million in the same period last year. Tesla's burning rate is slowing, while Model 3's production is accelerating, and it is expected to continue to be profitable in the second half of the year. CEO Musk said he apologized for the bad performance at the previous conference.
After the earnings report, Wall Street investment banks raised their ratings for Tesla. JP Morgan Chase raised its target price for Tesla (TSLA) to $195, compared to $180. Evercore ISI raised the company's stock price target to $301, compared to $287. RBC raised the company's stock price target to $315, compared to $280. Oppenheimer upgraded Tesla's rating from the broader market to outperform the market.
There was a 6% drop, and Sina News said that Rosen Law Firm, Pomerantz LLP, Law Offices of Howard G. Smith, Faruqi & Faruqi LLP, The Schall Law Firm and Bronstein, Gewirtz & Grossman LLC have announced that they have launched a multi-layered class action lawsuit against investors to recover the losses suffered by investors.
Guess you like
- 2019-03-01What happens in Sanya if Northeast people can't buy a house? An impact has emerged.
- 2019-03-01What should small and micro enterprises do when financing is difficult and expensive? That's what the CPPCC members said.
- 2019-01-31The biggest thunder! The market value is 4.4 billion, with an advance loss of 7.8 billion! Shareholders are angry: Do you want face?
- 2019-01-31Last night, there were more than 100 companies with thunderstorms! Here is the list.
- 2019-01-22110,000 shareholders are confused! White Horse stocks changed overnight. Ten billionaires were overwhelmed by a debt of 1.5 billion?
- 2018-12-24Will the housing prices continue to rise in 2019 when the real estate regulation policy is released?
- 2018-12-16How many people have a monthly salary of 5,000 yuan? Not as much as you think
- 2018-12-14By investing to pull the economy back and forth, where is the future reform?
- 2018-12-12Just now, Dong Mingzhu denied that it is an iron cock: Gree does not pay dividends in 2017 is more for 2018
- 2018-12-10"Double-width cycle" is coming soon! If so, the property market is likely to usher in a retaliatory rebound
- Which should interest rate and house price be valued first?
- Ren Zeping: Developing China in the Yan Front is in the critical period of the rise of great powers
- Housing prices around Beijing have fallen sharply and intermediary income has changed dramatically: from the highest monthly income of 30,000 to part-time job to make a living
- Last night, there were more than 100 companies with thunderstorms! Here is the list.
- Shanghai sample mobile phone products: Hammer, Metou, Nubian and other 9 batches are not qualified! uuuuuuuuuuu
- The Sino-US economic and trade consultation is going on, and the scene is very unusual! uuuuuuuuuu
- Should pensions also be diverted from South to North?
- The country's 65 million houses are vacant? The truth behind it is even more cruel!
- The United States will investigate 244 foreign companies, including 213 Chinese companies such as Baidu and Ali. Why?
- People are not as good as days, slamming 47% in 6 days, Shanghai Lai Shi capital chain is in a hurry