S&P 500 marches higher as cooling inflation cements Fed downshift bets
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Alphabet (GOOGL) a more defensive stock in 2023 - BofA
January 31, 2023 1:19 PM ESTAhead of Alphabet's (NASDAQ: GOOGL) earnings release on Thursday, February 2, BofA analyst Justin Post raised the firm's price target on the stock to $119 from $116, maintaining a Buy rating.
Post told investors in a research note that the firm is updating estimates for FX and the tech giant's recent cost-cutting.
"We are at revenue/GAAP EPS of $63.6bn/$1.20 vs... More
Warren Buffet backed EV maker BYD in talks to acquire insurer Yi'an
January 31, 2023 11:59 AM ESTBYD, the Chinese electric vehicle company in China, announced on Tuesday that the Warren Buffet backed automaker is working on a potential acquisition of Yi'an P&C Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a crackdown on financial... More
Tesla (TSLA) to increase CAPEX and ramp battery cell and semi-truck production
January 31, 2023 8:46 AM ESTTesla (NASDAQ: TSLA) announced in a 10-K filing on Tuesday that the electric vehicle company will increase its capital expenditure next year as the electric-vehicle maker increases production of a new battery cell and the Semi heavy duty truck.
Tesla wrote in the filing that we are likely to see heightened levels of capital... More
Tesla (TSLA) to offer additional discounts and supercharging incentives
January 30, 2023 1:04 PM EST(Updated - January 30, 2023 2:33 PM EST)
UPDATE: Teslarati has confirmed with Tesla that newest discount/supercharging incentives are for Model S and X vehicles only.
Story by teslarati.com reports today that Tesla (NASDAQ: TSLA) is now offering an additional $3000 discount or 3 years of free Supercharging incentives with the purchase of new vehicles. However, the... More
Berenstein spoke with investors following Tesla’s (TSLA) mixed Q4 report
January 30, 2023 7:58 AM ESTBernstein reiterated an Underperform rating on Tesla (NASDAQ: TSLA) with a $150.00 price target after speaking with the company and several investors. Tesla has rallied dramatically despite reporting mixed results on Jan 25. Tesla missed margins significantly but provided reassuring guidance and commentary on demand and beat on EPS due to a lower-than-expected tax rate and... More
