Elon Musk post-earnings ‘manifesto’ signals chance to buy Tesla plunge

Elon Musk post-earnings ‘manifesto’ signals chance to buy Tesla plunge

Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tesla : The electric vehicle maker missed expectations on earnings per share (EPS) in the second quarter, and the stock dropped 12%. CNBC’s Jim Cramer praised Tesla CEO Elon Musk’s post-earnings conference call. “It was a manifesto of … Read more

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the … Read more