TSLA - Tesla's 9-Day Winning Streak In Question As Nvidia Apple Microsoft And Other Mag 7 Stocks Rise Forecasts Gary Black (CORRECTED) | Benzinga
Editor’s Note: The corrected version of the story includes Gary Black’s quote questioning the possibility of Tesla’s streak extending to 9 days.
Amid a remarkable 8-day winning streak for Tesla Inc (NASDAQ:TSLA), a prominent investor has questioned the possibility of the streak extending to 9 days.
What Happened: Gary Black, Managing Partner at The Future Fund, took to social media platform, X to express his thoughts on the recent surge in Tesla’s stock. “It's hard to predict whether can make it 9 consecutive up days tomorrow,” Black wrote.
Black highlighted the company’s impressive performance over the past 8 days, with a 36% increase compared to the Nasdaq 100’s 4% rise. He also noted that all of the “Magnificent 7” stocks, including Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), and NVIDIA Corp (NASDAQ:NVDA), have seen positive growth during this period.