Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
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- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
RBC Capital Reiterates Underperform Rating on Tesla (TSLA) Following Battery Day
September 23, 2020 7:16 AM EDTRBC Capital analyst Joseph Spak reiterated an Underperform rating and $290.00 price target on Tesla (NASDAQ: TSLA) following the company's battery day. Overall, Spak believes Teslas long-awaited battery day disappointed elevated expectations, as it highlighted some near-term stagnation in the price reduction of current... More