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Elon Musk sold $1.02 billion of Tesla Inc. shares, according to a filing with the U.S. Securities &

As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500 is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any

Upstart (UPST)as a concept is extraordinary in my eyes because it assigns credit ratings with a much

* Major indexes climb for 3rd straight session * Merck's at-home COVID-19 pill gets U.S. approval *

* Tesla jumps as CEO Musk says he has sold 'enough' stock. * Pfizer rises as oral COVID-19 pill wins approval. Dec 22 - Wall Street's main indexes powered higher on Wednesday in a broad rally after upbeat economic data and hopeful developments about the severity of the Omicron coronavirus variant that is sweeping the world.The S&P 500 gained at least 1% for a second straight session, putting it near record levels, as volatility has ratcheted up in the last month of 2021 following the arrival of

Micron Technology +6.6%; reported Q1 EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $7.69 billion versus the consensus estimate of $7.67 billion. GUIDANCE: Micron Technology sees Q2 2022 EPS of $1.85-$2.05, versus the consensus of $1.86. Micron Technology sees Q2 2022 revenue of $7.3-7.7 billion, versus the consensus of $7.27 billion.Nike +3.4%; reported Q2 EPS of $0.83, $0.20 better than the analyst estimate of $0.63. Revenue for the quarter ca

Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.On Thursday, the Bureau of Economic Analysis reports per

There's one area of the energy sector that isn't getting any respect. And you can collect fat yields if you act today.

* Fed policy decision awaited on Wednesday * November PPI logs highest rise since 2010 * Tech leads

Dec 13 (Reuters) - Meta Platforms Inc, the owner of social media network Facebook, is behind a $60 m