Defensives in the driving seat as European shares shake off tech tremors
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Tesla (TSLA) Sinks 5% in Pre-Open Trade
March 28, 2018 9:27 AM EDTTesla (NASDAQ: TSLA) sinks 5.3% in pre-open trade amid the debt downgrade and cautious analyst comments. Shares fell 8.2% yesterday amid regulatory concerns about its autopilot feature.
... MoreRecent News Highlights Tesla (TSLA) Risks - Oppenheimer
March 28, 2018 9:20 AM EDTOppenheimer analyst Colin Rusch said the recent deluge of bad news highlights Tesla Motors (NASDAQ: TSLA) risks.
Rusch commented, "TSLA shares continue to suffer through a series of bad news, with Moodys downgrading its recent high-yield offering... More
Cowen Sees Continued Model 3 Challenges for Tesla (TSLA), Notes Cash Burn Pressures
March 28, 2018 6:59 AM EDTCowen analyst Jeffrey Osborne reiterated an Underperform rating and $200 price target on Tesla Motors (NASDAQ: TSLA) after previewing Q1.
Osborne expects continued challenges for the Model 3 in the 1Q18 delivery report next week, and are leaving their Model 3 delivery figure unchanged at 7,500 and are lowering our Model S/X delivery figures to 22,500.
The analyst see the slow ramp and cash burn putting pressure on the stock... More
Twitter, Inc. (TWTR) PT Maintained at $36 at JPMorgan; 'Data Licensing Business Concerns Overdone'
March 28, 2018 6:14 AM EDTJPMorgan maintained its price target on Twitter, Inc. (NYSE: TWTR) at $36.00 while maintaining a Overweight rating, following an update to the company's outlook regard the data licensing business.
Analyst Doug Anmuth affirms his outlook on the shares, suggesting recent concerns are overdone, as... More
