STOCKS SURGE AFTER SOFT U.S. JOBS PRINT, SOLID APPLE RESULTS

Jobs report pushes up bets on a sooner-than-expected interest rate cut from the Fed

TSLA Jun 2024 1650.000 call

OPR - OPR Delayed Price. Currency in USD

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As of 03:55PM EDT. Market open.

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Toyota stock is trouncing Tesla in 2024, and while a popular explanation is the consumer shift to hybrid vehicles, investors shouldn’t forget about the Yen. In 2023, Toyota exported some two million vehicles from Japan, about 20% of its total sales. There is also the benefit of a relatively lower cost structure, which can be used to expand profit margins or market share—or both.