Nasdaq ends higher while S&P 500 posts biggest August gain since 1986
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- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Piper on China EVs: 'China Picture Book Reveals Rising EV Penetration, and this Time it's Sustainable' (TSLA)
August 31, 2020 8:32 AM EDTAnalyst Alexander Potter comments "See pages 2-30 for this month's edition of the China Picture Book. The charts reveal some notable trends in the electric vehicle (EV) space, where Tesla and a few others are pushing penetration higher. Unlike in the past, we think this latest increase in EV... More
Apple (AAPL) PT Lowered to $150 at Wedbush Following Stock Split, Adjusted Bull Case to $175
August 31, 2020 7:03 AM EDTWedbush analyst Daniel Ives lowered the price target on Apple (NASDAQ: AAPL) to $150.00 (from $600.00) while maintaining a Outperform rating.
The analyst adjusts the PT following the recent stock split. New adjusted Bull case is $175.00.
... More