Tesla (TSLA) is rolling out incentives in its key Chinese market to stave off mounting competition there. It also opened its charging network to Ford (F) vehicles this week as a new revenue stream. Shares of energy company Plug Power (PLUG) fell as fourth-quarter results missed EPS estimates. However, CEO Andy Marsh notes the company aims to return to profitability this year despite current losses. SoundHound AI (SOUN) sees its stock slide after missing revenue expectations. While SoundHound narrowed losses, sales lagged behind analyst forecasts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Among the Magnificent Seven stocks to buy and watch, Apple, Nvidia and Tesla stock are in new buy areas.
Interest rate cuts will remain “some way off” even if inflation falls below 2pc in the spring, the Bank of England’s chief economist has warned.