Wall Street shakes off Amazon, Apple weakness to end modestly higher
* $Apple$, Amazon fall on dismal holiday-quarter forecast. * $Microsoft$ tops Apple as the most valuable U.S. public company. The S&P 500 had fallen as much as 0.65% earlier in the day. The benchmark index advanced 1.3% for the week, its fourth straight weekly climb, marking its longest weekly streak of gains since April. For the month, the S&P rose 6.9%, its biggest monthly rise since November 2020.The Dow rose 0.4% for the week while the Nasdaq gained 2.7%, also marking four straight weekly ga
Tesla Inc shares rallied once again on Wednesday after ridesharing giant Uber Technologies Inc announced a new partnership with Hertz Global Holdings Inc to offer 50,000 Tesla rentals to U.S. drivers.On Tuesday, Colas said at first glance, the market’s reaction to Hertz’s order of 100,000 Tesla Model 3s may be surprising to investors who remember when General Motors Company,Ford Motor Company and other auto companies owned Hertz,Avis Budget Group Inc. and other rental companies, which created ve