S&P 500 marches higher as cooling inflation cements Fed downshift bets

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Alphabet (GOOGL) a more defensive stock in 2023 - BofA

January 31, 2023 1:19 PM EST

Ahead 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 EST

BYD, 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 EST

Tesla (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 EST

Bernstein 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