S&P 500 struggles for direction as energy rallies, but tech takes breather
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UK EV sales reach record highs in best month ever
April 5, 2023 9:00 AM EDTThe Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More
Google claims AI chips are faster, more power-efficient than Nvidia A100 chip
April 5, 2023 8:49 AM EDTAlphabet's (NASDAQ: GOOGL) Google said in a research paper on Tuesday that its newest chips for training AI models are faster and more power-efficient than systems from Nvidia.
Its 4th generation tensor processing unit (TPU), which has been used to train its artificial intelligence models in a... More
Tesla (TSLA) reaches 88,869 Chinese deliveries in March
April 4, 2023 7:58 AM EDTElectric vehicle giant, Tesla Inc. (NASDAQ: TSLA) sold 88,869 units of China-made electric vehicles in March, according to data published by the China Passenger Car Association (CPCA) showed on Tuesday. That was up 35.0% from a year ago and 19.4% from February, when the U.S. electric car... More
Morgan Stanley says Tesla (TSLA) 'may require further price cuts' to reach delivery goals
April 4, 2023 7:47 AM EDTMorgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after the electric automaker reported 1Q delivery and production numbers.
Tesla delivered 423k units in the 1Q, in line with the company gathered consensus with a 4.3% increase over last quarter. 1Q deliveries annualize to just under 1.7mm units while 1Q production... More
