After-Hours Movers: Alcoa, Tesla Fall Following Earnings, IBM Gains
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- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030
October 21, 2022 2:28 PM EDTAn exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.
Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More
Tesla (TSLA) PT Raised to $325 at BofA Securities
October 20, 2022 9:16 AM EDTBofA Securities analyst John Murphy raised the price target on Tesla (NASDAQ: TSLA) to $325.00 (from $315.00) while maintaining a Neutral rating following Q3 results.
The analyst commented, "SLA reported 3Q:22 non-GAAP EPS of $1.05, above both our estimate of $0.95 and the Street at $1.01... More
Shareholder Group Calls for Tesla (TSLA) to Link Executive Pay to ESG Metrics
October 20, 2022 7:33 AM EDTShares of Tesla, Inc. (NASDAQ: TSLA) are down 4.69% in pre-market trading on Thursday after Retail activist shareholder platform Tulipshare called on the electric vehicle company to tie its executive pay to environmental, social and governance (ESG) factors. The activist group said it... More
