Palantir, Coca-Cola, Occidental Petroleum rise premarket; Restaurant Brands fell
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- S&P 500, Nasdaq futures edge up as chip stocks gain; US-Iran tensions in focus
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Oil prices fall as markets weigh impact of US strikes on Iran
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- Palantir partnership fails to save Rackspace stock after brutal guidance slash
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
- GameStop stockholders approve share count increase to 2.5 billion
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
- S&P 500 ends down after Trump says Iran deal is 'over'
Tesla's (TSLA) Model Y is sold out for the quarter in U.S.
February 16, 2023 9:06 AM ESTA story by electrek.co late Wednesday reports that electric vehicle giant Tesla (NASDAQ: TSLA) has sold out the Model Y for the quarter in the United States with no more production builds until... More
Palo Alto Networks (PANW) shares have plenty of room to move higher - Morgan Stanley
February 15, 2023 11:30 AM ESTMorgan Stanley raised its price target on Palo Alto Networks (NASDAQ: PANW) to $240 from $220, maintaining an Overweight rating in a note Wednesday, telling investors they see plenty of room for the stock to move higher.
Looking ahead to PANW's earnings release, Morgan Stanley analyst Hamza Fodderwala told... More
Restaurant Brands International (QSR) PT Raised to $65 at BofA Securities
February 15, 2023 9:27 AM ESTBofA Securities analyst Sara Senatore raised the price target on Restaurant Brands International (NYSE: QSR) to $65.00 (from $64.00) while maintaining a Underperform rating.
... MoreWhite House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program
February 15, 2023 8:25 AM ESTUPDATE: updated for quote attribution
President Bidens administration announced Wednesday morning that Tesla (NASDAQ: TSLA) would be opening part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways. A move that could push the electric vehicle company towards becoming the universal filling... More
Ford (F) underweight at Wells Fargo following lightning production halt
February 15, 2023 7:36 AM ESTWells Fargo reiterated an Underweight rating and $10.00 price target on Ford (F) after the American automaker announced that the company will halt production and shipments of their F-150 Lightning model trucks due to a battery issue. Analyst, Colin Langan noted that, while no stop-sale has been issued yet, if... More
Ford (F) halts F-150 Lightning production due to potential battery issue
February 14, 2023 12:48 PM ESTShares of Ford (F) are down 1.34% in mid-day trading on Tuesday after the American automaker announced a pause to production and shipments of its electric F-150 Lightning pickup due to what the company is calling a potential battery issue.
Ford spokeswoman Emma Bergg declined to disclose details of... More
Occidental Petroleum (OXY) lifted to Buy at Goldman Sachs on solid upstream portfolio
February 14, 2023 9:45 AM ESTOn Tuesday, Goldman Sachs analyst Neil Mehta raised Occidental Petroleum (NYSE: OXY) to Buy from Neutral with an $81 per share price target.
The analyst said in a note that the upgrade is due to the company's robust FCF, solid upstream portfolio, and low carbon option value.
The firm was previously positive on the stock but moved to the sidelines in July last... More
