Posted 4/9/2024, 3:07:00 PM
Stocks Mixed Ahead of Inflation Data; Tesla Rises on Robotaxi Plans, Nvidia Falls Despite China Sales
- Major stock indexes pared some losses ahead of a key inflation report on Wednesday that could impact markets
- Tesla stock rose as CEO Elon Musk announced plans to unveil a robotaxi prototype and denied rumors about not making a mass market vehicle
- Nvidia stock fell despite a report that its China sales may exceed lowered expectations
- Google announced expanding partnership with Palo Alto Networks, which has committed to a large deal making Google its AI provider
- First quarter earnings season kicks off later this week, with reports from big banks including Wells Fargo, JPMorgan Chase, and Citigroup