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StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Tesla (TSLA) EVs deemed security threat, barred from China's University Games
July 26, 2023 2:23 PM EDTChinas Summer World University Games are set to begin on August 8th. However, as important Chinese figures such as President Xi Jinping are set to attend, Tesla vehicles are being turned away.
According to several reports, Tesla vehicles are barred from the event as a security measure. Officials are being told by authorities in Chengdu to block Tesla vehicles in... More
Tesla (TSLA) recalls 1,337 vehicles for misaligned cameras
July 26, 2023 1:35 PM EDTTesla (NASDAQ: TSLA) has launched a recall for 1,337 2023 Model S, Model X, and Model Y vehicles due to a possible misalignment in the pitch angle of the vehicles' front-facing cameras. The specifics of this recall were outlined in a Safety Recall Report issued by the National Highway Traffic Safety Administration (NHTSA).
According to the Safety Recall... More
Tesla (TSLA) margins hurt the EV maker says Stellantis (STLA) CEO: 'They are entering my world, the world of tight pricing'
July 26, 2023 1:20 PM EDTStellantis (NYSE: STLA) CEO, Carlos Tavares spoke during the automakers 2Q earnings call, saying the profitability of rival automaker, Tesla (NASDAQ: TSLA) is declining as the EV giant enters the world of manufacturing and competition.
"They are entering my world, the world of tight pricing, cost competitiveness,... More
Major automakers unite to form new EV charging company in the US
July 26, 2023 11:30 AM EDTA group of major automakers, including General Motors (NYSE: GM), Stellantis (NYSE: STLA), Hyundai and its Kia affiliate, Honda (NYSE: HMC), BMW and Mercedes Benz, announced Wednesday that they are forming a new company to provide electric vehicle charging in the United States.
The new charging company... More
Tesla (TSLA) offers 7-year vehicle loans to cut monthly payments
July 24, 2023 2:54 PM EDTTesla (NASDAQ: TSLA) opened new financing options on their website and is now offering EV customers 84-month term limits in an attempt to lower monthly costs amidst rising interest rates and market pressure. The previous maximum term offered was 72-months.
The change follows Elon Musk's... More
Barclays highlights 2 downside risks for US equities
July 24, 2023 2:22 PM EDTUS equities are trading higher across the board on Monday, with the S&P 500 up over 0.5%, the Dow up 0.6% and the Nasdaq trading 0.3% higher. However, Barclays analyst Venu Krishna told investors in a note that the firm sees two potential sources of downside.
The first is negative operating leverage being worsened by faster disinflation. Krishna told investors that disinflation is "finally... More
Bernstein estimates Arm IPO valuation at $40bn
July 24, 2023 9:29 AM EDTBernstein estimates the expected Arm IPO in 2023 will be valued at $40 billion, the firm's analyst Sara Russo said in a note Monday.
Russo said the IPO could occur as soon as September, with the range given between $30 billion and $70 billion. However, some reports suggest Arm may be looking for closer to $80... More
Tesla (TSLA) to resume factory talks and plans for $24k car with India commerce minister
July 24, 2023 9:25 AM EDTReuters reports Monday, citing a person with direct knowledge of the matter, that Tesla (NASDAQ: TSLA) representatives are set to meet Indias commerce minister this month.
According to the person, the meeting will take place to discuss plans for the automaker to build a factory in the country to build, what the company... More
Citi sees 'residual hawkish risk at Jackson Hole,' believes upside inflation risks reemerge in the fall
July 24, 2023 8:00 AM EDTIn his FOMC preview note Monday, Citi analyst Andrew Hollenhorst told investors that the firm sees "residual hawkish risk at Jackson Hole in late August and beyond and increasing upside risk to inflation in 2024."
The Federal Reserve is widely expected to raise rates by 25bp on... More
