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Tesla’s stock climbed Monday after Elon Musk’s electric-vehicle company said global deliveries surged in the second quarter.
Shares of other EV makers also rose.
Tesla (TSLA): The stock jumped 7 % after the electric carmaker posted a record quarter for sales.
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Marketwatch:
Tesla (TSLA): The stock jumped 7 %
Rivian (RIVN), Lucid (LCID): Tesla's rally boosted other U.S. EV makers.
Apple (AAPL): The stock dipped
Fidelity Services (FIS): The stock jumped 6%
Charter Communications (CHTR): shares on the record rise.#stockstowatch pic.twitter.com/hnyBtWZwuz— The_Journalbiz (@the_journalbiz) July 3, 2023
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Rivian (RIVN), Lucid (LCID): Tesla’s rally boosted other U.S. EV makers. The American depositary receipts of Chinese rivals such as NIO (NIO), XPeng (XPEV) and Li Auto (LI) also rose.
Apple (AAPL): The stock dipped after Apple became the world’s first corporation with a market value of more than $3 trillion on Friday.
AstraZeneca (AZN): The drug maker’s ADRs and London-listed shares both dropped after results from a late-stage cancer drug study missed investors’ expectations. The ADR was the worst performer in the Nasdaq 100.
Fidelity National Information Services (FIS): The stock jumped 6% following a Financial Times report late Friday that said buyout groups were weighing bids for a majority stake in FIS-owned Worldpay.
Charter Communications (CHTR): The cable operator’s stock advanced for a seventh-straight session, its longest such streak since 2021. The shares were on track for their highest close since March.
Anglo American (AAL): The U.K.-listed stock was up over 4% after DeBeers, which is majority-owned by Anglo American, detailed its new diamond-mining deal with Botswana.
JD.com (JD), PDD Holdings (PDD): The e-commerce giants’ ADRs both rose by around 3%. Asian stocks were broadly higher Monday after the news that Treasury Secretary Janet Yellen would visit China this week.
