Wall Street off to a solid start in April
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Jefferies Reiterates Buy on Chevron (CVX) with $110 Price Target
April 4, 2016 9:05 AM EDTJefferies reiterated a Buy rating and $110.00 price target on Chevron (NYSE: CVX). Chevrons free cash flow generation should improve significantly through 2018 through a combination of lower capital spending, production growth and margin expansion. Multiple major capital projects are near completion and should underpin a... More
Tesla (TSLA) Sees Continued Fade Despite News of $7.5B in Model 3 Orders
April 1, 2016 12:29 PM EDTSelling in Tesla (NASDAQ: TSLA) shares accelerated despite news from CEO Elon Musk moments ago that Model 3 orders surpassed 180,000, or $7.5 billion. Shares now are up just 2.3% after opening up 6.6%.
... MoreTesla (TSLA) CEO Musk: Model 3 Orders Surpass 180k in 24 Hours
April 1, 2016 12:13 PM EDTTesla (Nasdaq: TSLA) CEO Elon Musk said Model 3 orders have surpasses 180,000 in 24 hours. The average selling price was around $42,000,... More
Tesla's (TSLA) New, Cheaper Model 3 May Be Better than the Model S - Analyst
April 1, 2016 10:50 AM EDTMorgan Stanley's Tesla Motors (NASDAQ: TSLA) analyst Adam Jonas asks "Is the Model 3 Better than the S?" He thinks it is
Jonas has 4 key thoughts following the Model 3 event:
1. Based on the limited information disclosed at last night's unveiling, we think this car is probably much better than the Model S. Certainly the higher-performance versions can be faster, offer more dynamic performance, more driving pleasure. We suspect this is a reason why management didn't share too many details on specs besides headline numbers (0 to 60 in under 6
seconds, 215 mile EPA range)... More
