Investing.com -- Tesla (NASDAQ: TSLA) stock fell 6% on Tuesday morning as the electric vehicle maker faced continued pressure after President Donald Trump suggested he might consider deporting CEO Elon Musk.
The latest decline follows Trump’s comments to reporters outside the White House, where he said he would "have to take a look at" potentially deporting the South African-born executive. This marks a further deterioration in the relationship between the former allies,... (continue reading...)
Investing.com -- Shares of medical device manufacturers tumbled on Tuesday after the Centers for Medicare&Medicaid Services (CMS) proposed significant payment reductions for home health agencies that could impact diabetes care providers. Tandem Diabetes Care Inc (NASDAQ: TNDM) fell 6.4%, DexCom Inc (NASDAQ: DXCM) dropped 4.9%, and Insulet Corporation (NASDAQ: PODD) declined 2%.
The sell-off follows CMS’s proposed rule for calendar year 2026 that would decrease... (continue reading...)
Investing.com -- Warner Bros. Discovery (NASDAQ: WBD) stock declined 4.9% Tuesday, falling from $11.46 to $10.90 after major shareholder Advance/Newhouse sold over $1 billion in shares.
According to a regulatory filing, Advance/Newhouse entities ANPP Diversified and ANP agreed to sell 100 million shares of common stock in a block sale at a net price of $10.97 per share on June 30, 2025. The transaction caused Warner Bros. Discovery shares to face significant selling... (continue reading...)
Investing.com -- Needham&Company has outlined a roadmap for Taiwan Semiconductor Manufacturing Co. to grow its AI revenue to $90 billion by 2029, citing expanding silicon content, technology transitions, and rising capital expenditure.
The firm raised its price target on the stock to $270 from $225, maintaining a Buy rating in a note on Tuesday.
"We are launching our TSMC AI wafer demand model," Needham wrote, projecting AI revenue to rise from $26 billion in 2025 to $46... (continue reading...)
Investing.com -- Goldman Sachs has upgraded Oshkosh Corp. (NYSE: OSK) shares to Buy from Neutral, citing a more favorable supply outlook in the Machinery sector, better visibility on tariff-related risks, and a turnaround in Transportation segment margins.
Oshkosh shares rose around 1% in premarket trading Tuesday.
The Wall Street bank also raised its 12-month price target from $124 to $131, implying a 16% upside from the current share price. The new price objective is... (continue reading...)
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