To The Moon

U.S. stocks headed toward their highest levels in more than 14 months as the latest inflation report showed price pressures ebbing to the weakest level in two years, fueling hopes that the Federal Reserve might be able to back off its inflation battle more quickly than Chair Jerome Powell has suggested.On Thursday, the Dow Jones Industrial Average rose 270 points, or 0.8%, to 34122, the S&P 500 increased 20 points, or 0.45%, to 4396, and the Nasdaq Composite dropped 0 points, or 0%, to 13591.The headline inflation reading showed consumer-price growth as measured by the index -- which is the preferred inflation gauge of the Federal Reserve -- slowed to 3.8% in May on a 12-month basis, the slowest such increase since April 2021. May consumer price index data released earlier this month showed the headline rate falling to 4%, also the lowest reading in roughly two years.Headline prices increased just 0.1% on a month-over-month basis, the same rate reflected by the CPI numbers, while co

You may be worried that oil stocks are heading for the dustbin of history, but that's not likely to happen very fast.

Tech stocks are on fire in 2023 -- and these three are the cream of the crop.

‌$特斯拉(TSLA)$ ‌$ Tesla (TSLA)$ is currently at a very critical juncture as the company's CEO Elon Musk seeks to crack the code for making higher performance but lower cost batteries. Elon Musk is looking to crack the code for making higher-performing but lower-cost batteries. According to people familiar with the company's plans, Tesla is looking for material suppliers from China and South Korea to help it lower the cost and increase the energy density of its latest cells. And that comes as the company has been grappling with battery-related performance and production issues that have caused Tesla to delay the rollout of its Cybertruck trucks. As Tesla ramps up production of 4,680 cells in the U.S., the company has partnered with China's Ningbo