4 Best Leveraged ETFs of Last Week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2024
0mins
Source: NASDAQ.COM
Market Performance: Wall Street experienced mixed results last week, with the S&P 500 down 0.6%, Dow Jones down 1.8%, and Nasdaq up 0.3%. Key inflation reports indicated a rise in consumer prices, leading to increased expectations for a rate cut by the Federal Reserve.
Top Performing ETFs: Tesla's stock surged 9.6% after hitting an all-time high, while Broadcom reported record earnings, causing its shares to jump 24.4%. Other notable ETFs included those tracking Alphabet and consumer discretionary sectors, reflecting strong investor confidence and optimism in the market.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 417.260
Low
25.28
Averages
401.93
High
600.00
Current: 417.260
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Phased Selling Mechanism: According to the S-1 filing, insiders can sell up to 20% of their locked shares after the first earnings report, with an additional 10% if the stock trades 30% above the IPO price, which will help enhance market liquidity.
- Nasdaq Inclusion Strategy: This lock-up structure is a response to new Nasdaq rules allowing companies with market caps above the top 40 members to be included in the Nasdaq 100 index weeks after their IPO, with SpaceX expected to qualify, thus attracting more institutional investors.
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- Phased Selling Mechanism: According to the S-1 filing, insiders can sell up to 20% of their locked shares after the first earnings report, with an additional 10% if the stock trades 30% above the IPO price, which will help enhance market liquidity.
- Nasdaq Inclusion Strategy: This lock-up structure is a response to new Nasdaq rules allowing companies with market caps above the top 40 members to be included in the Nasdaq 100 index weeks after their IPO, with SpaceX expected to qualify, thus attracting more institutional investors.
- Founder Lock-Up Clause: While insiders can gradually sell shares, founder Elon Musk will remain locked up and cannot participate in the early-release provisions, a measure aimed at maintaining market stability and boosting investor confidence.
See More
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- Market Rally: The S&P 500 is on track for its eighth consecutive weekly gain, reflecting growing investor optimism regarding de-escalation in the Middle East and increased confidence in economic recovery.
- Dow Jones Surge: The Dow Jones Industrial Average rose by 276.31 points to a record close, indicating positive market sentiment towards U.S.-Iran peace negotiations, which could attract further investments.
- Oil Price Volatility: Oil prices resumed their rally after three days of declines, with Brent and U.S. West Texas Intermediate futures both advancing around 2%, highlighting market concerns over energy supply and geopolitical uncertainties.
- Quantum Computing Investment: The U.S. government announced $2 billion in grants to nine firms, with IBM receiving $1 billion, significantly boosting quantum computing stocks and showcasing the ongoing investment surge in the tech sector.
See More
SpaceX Poised for Historic IPO Valued Up to $2 Trillion
- IPO Outlook: SpaceX's recent S-1 filing with the SEC indicates plans for an IPO valued between $1.75 trillion and $2 trillion, potentially marking the largest IPO in history and drawing significant investor interest.
- Financial Performance Review: According to the filing, SpaceX recorded $18.67 billion in sales last year, and despite a net loss of $4.9 billion in 2025, its leading position in rocket-launching and satellite internet services provides strong support for future growth.
- Musk's Shareholding Impact: CEO Elon Musk holds approximately 85.1% of the voting power and has a substantial performance incentive plan that awards him 1 billion shares if a permanent human colony is established on Mars, demonstrating his strong commitment to the company's future performance.
- Massive Market Potential: SpaceX's Starlink business generated about $3.26 billion in sales last quarter, accounting for 69% of total sales, while the company estimates its total addressable market at $28.5 trillion, showcasing its ambitions across multiple cutting-edge technology sectors.
See More
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- IPO Outlook: SpaceX is gearing up for a June IPO, with a projected valuation between $1.75 trillion and $2 trillion, which would make it the largest initial public offering in history, drawing significant investor interest.
- Financial Performance: According to the S-1 filing, SpaceX reported $18.67 billion in sales last year but faced a net loss of $4.9 billion in 2025, with a loss of $4.27 billion in Q1 2026; despite these losses, the company's growth potential remains promising.
- Market Opportunities: SpaceX estimates its total addressable market at $28.5 trillion, with AI enterprise applications alone accounting for $22.7 trillion, highlighting its substantial potential in future tech sectors, particularly in rocket-launching and satellite internet services.
- Leadership Advantage: CEO Elon Musk holds approximately 85.1% of the voting power and has a performance incentive plan that awards him 1 billion shares if a human colony is established on Mars, demonstrating his strong commitment to the company's future growth.
See More
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- Market Confidence Rebound: Post-pandemic IPO activity has fluctuated significantly; however, in recent years, market confidence has gradually restored, with notable IPOs like CoreWeave and Circle Internet Group hitting the market, indicating a positive shift in investor risk appetite.
- SpaceX IPO Outlook: SpaceX has filed its S-1 prospectus with the SEC, planning to trade under the ticker SPCX, targeting a valuation between $1.75 trillion and $2 trillion while aiming to raise up to $75 billion, potentially marking the largest IPO in history.
- Starlink as Profit Engine: SpaceX's Starlink satellite internet segment boasts over 10 million subscribers, serving as its primary profit driver, showcasing the company's strong competitive position in a rapidly growing market.
- AI and Infrastructure Transformation: In 2025, SpaceX invested billions in AI infrastructure and partnered with Tesla on the 'Terafab' chip project, actively transforming into an AI and infrastructure giant, indicating a strategic shift towards future growth opportunities.
See More
Waymo Suspends Robotaxi Service on U.S. Freeways Amid Software Updates
- Service Suspension Reason: Waymo announced the suspension of its robotaxi service on U.S. freeways and paused operations in Atlanta due to the need for software updates to enhance performance around construction zones and flooded roadways, demonstrating the company's commitment to safety.
- Technical Integration Progress: Waymo is integrating recent technical learnings to improve its software performance and expects to resume freeway operations soon, indicating that while the company is expanding rapidly, it still prioritizes reliability and safety in its technology.
- Operational Range Impact: Although freeway services are paused, Waymo's street operations in San Francisco, Los Angeles, Phoenix, and Miami remain unaffected, showcasing its strong service capabilities in urban areas.
- Safety Hazard Response: This service suspension follows Waymo's recall of approximately 3,800 robotaxis earlier this month after identifying a risk that vehicles could enter flooded roads at higher speeds, reflecting the company's quick response to potential safety hazards and sense of responsibility.
See More
