UPS, General Motors, Coca-Cola Rise Premarket; 3M, HSBC Fall

Uber (UBER) Releases Early Findings on Tesla (TSLA) EV Partnership with Hertz (HTZ)

Roughly one year has passed since Uber (NYSE: UBER) and Hertz (NASDAQ: HTZ) launched a partnership to supply electric Tesla (NASDAQ: TSLA) vehicles to drivers of the ride-hailing company. An analyst from within Uber has published a report highlighting the early findings of the partnership.

According to Uber analyst, Rainer Lempart, since the program was launched in October of 2021, Teslas rented... More

Radio Flyer Recalls Tesla (TSLA) Cyberquad Following Safety Report

Radio Flyer has recalled the Tesla Cyberquad for Kids following a consumer safety commission report that claims the four-wheeler fails to comply with safety standard requirements.

The Cyberquad fails to comply with the federal mandatory safety standard requirements for youth ATVs, including mechanical suspension and maximum tire pressure,... More

Goldman Comments on Meta Platforms (META) Q3 2022 Earnings

Goldman Sachs analyst Eric Sheridan comments "We would expect investors to have an initial negative reaction to META's Q3 22 earnings report with a mixed set of results. On the positive, FX-neutral advertising revenue growth of +3% YoY was better than feared and in the top end of the guided range. In... More

JPMorgan Summary of Meta Platforms (META) Q3 2022 Earnings

JPMorgan analyst Jack Atherton comments "META (-11% post mkt): Q3 revenue +2% FXN vs whispers +LSD%. Reported revenue $27.7b (-4%) vs guide $26.0- 28.5b. Family DAPs 2.93b vs Q2 2.88b; Facebook DAUs 1.98b vs Q2 1.97b. EPS $1.64 vs St $1.90. On the outlook, mgmt guiding to Q4 $30.0-32.5b... More

Tesla (TSLA) Faces Criminal Probe Over Self-Driving Claims

An exclusive story by Reuters reports that American electric vehicle giant, Tesla Inc (NASDAQ: TSLA) is under criminal investigation by the United States over claims that the companys electric vehicles can drive themselves.

According to people familiar with the matter, the U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Teslas driver assistance system Autopilot, which was activated during the accidents.

Musk said in an interview with Automotive News in 2020 that Autopilot problems stem from... More

3M (MMM) PT Lowered to $127 at Credit Suisse

Credit Suisse analyst John Walsh lowered the price target on 3M (NYSE: MMM) to $127.00 (from $129.00) while maintaining a Neutral rating.

Tesla (TSLA) Semi Gains EPA Certification and Will Begin Deliveries

Today it was announced in an exclusive report by Teslarati.com that Tesla (NASDAQ: TSLA) has officially gained approval by the EPA to begin deliveries of their electric Tesla Semi to customers. The EPA told Teslarati that the 2023 Tesla Semi has officially been granted a Certificate of... More

Ross Stores (ROST) Upgraded as Wells Fargo Continues to Gain Optimism

Ross Stores (NASDAQ: ROST) was upgraded to Overweight from Equal Weight by Wells Fargo analyst Ike Boruchow on Tuesday.

Boruchow also raised the firm's price target for the company's shares to $110 from $90, stating that while they have been "fairly downbeat on the prospects for off-price over the past 12+ months," they continue to gain "optimism into the setup in the sub-sector... More

General Motors (GM) Recalls Electric Hummer over Faulty Battery Seal

General Motors (NYSE: GM) has issued a recall for 735 of the companys electric Hummer models and 89 BrightDrop EV600 electric vans after a fault was found in the battery seal that could allow water into the battery pack. If water were to enter the battery pack, the vehicles may... More

Halliburton (HAL) PT Raised to $37 at Wolfe Research

Wolfe Research analyst Sam Margolin raised the price target on Halliburton (NYSE: HAL) to $37.00 (from $32.00) while maintaining an Underperform rating following earnings.

Meta Platforms' (META) Reels Could Become a Revenue Tailwind by FY24 - Jefferies

Meta Platforms (NASDAQ: META) was maintained at Buy with its price target cut to $200 from $225 by Jefferies on Tuesday, who said Reels could become a revenue tailwind by FY24.

The firm explained that, at the moment, Reels is still a small contributor with a $1 billion annual run rate. However, Jefferies analysis indicates it can... More