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Highlights
- The Tesla, Inc. (NASDAQ:TSLA) stock increased by 4.07% YTD.
- The stock value of Apple Inc. (NASDAQ:AAPL) rose by 12.87% YTD.
- AAPL reported a net income of US$21.74 billion in Q3, FY21, compared to US$11.25 billion in the year-ago quarter.
Shares of Tesla, Inc. (NASDAQ:TSLA) and Apple Inc. (NASDAQ:AAPL) fell around 3 percent and 2 percent, respectively, in the pre-market session on Monday amid wild swings in the stock market.
The TSLA stock was priced at US$731.49, down 3.70 percent from its previous close, while AAPL stock traded at US$143.14, down 2 percent, at 8:45 am ET.
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Tesla, Inc. (NASDAQ:TSLA)
Tesla, Inc. is a leading electric vehicle manufacturer based in Palo Alto, California.
The stock was on the investors' radar after CEO Elon Musk announced an upcoming update to its “full Self-Driving” software called FSD Beta v10.0.1. The software is already available to a select group of customers, and it will be made widely available in the market from September 24.
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Tesla has a market cap of US$760.83 billion, a P/E Ratio of 395.57, a forward P/E one year of 224.04, and an EPS of US$1.92. The TSLA stock grew 4.07 percent YTD.
Tesla’s 52-week highest and lowest stock prices were US$900.40 and US$351.30, respectively. Its trading volume was 28,204,180 on September 17.
The EV maker’s total revenue rose by 98 percent YoY to US$11.95 billion in Q2, FY21. On a GAAP basis, its net income attributable to common stockholders rose from US$104 million in Q2, FY20, to US$1.14 billion in Q2, FY21, an increase of 998 percent YoY.
Source: Pixabay
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Apple Inc. (NASDAQ:AAPL)
Apple is one of the world’s largest technology companies based in Cupertino, California. It manufactures computer software and consumer electronic products like laptops, mobile phones, etc.
Last week, the company unveiled a series of new products like the iPhone 13, a new iPad, Watch Series 7. Meanwhile, Apple is expected to release the iPadOS 15 and iOS 15 later Monday, Sep 20. The company has added several new features to the software.
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Apple’s market cap is US$2.53 trillion, the P/E Ratio is 28.58, the forward P/E one year is 26.13, and its EPS is US$5.11. The APPL stock value ticked up 12.87 percent YTD.
The 52-week highest and lowest stock prices were US$157.26 and US$103.10, respectively. Its share volume on September 17 was 129,868,800.
Apple’s net sales increased by 36 percent YoY to US$81.43 billion in Q3, FY21. The net income came in at US$21.74 billion, compared to US$11.25 billion in the year-ago quarter.
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Bottomline
The US stock markets have been volatile this month over various international and domestic concerns. Global supply bottlenecks, inflation, and delta virus concerns weighed on the investors’ minds. However, analysts are optimistic of a strong rebound after these concerns subside. At the same time, investors must carefully evaluate the companies before investing in stocks.
