Mattel, AMC Entertainment, Chevron rise premarket; Tesla, Domino's fall
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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
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
Barclays says Apple (AAPL) September quarter guidance could miss Street estimates
July 26, 2023 8:24 AM EDTBarclays analyst Tim Long told investors in a note Wednesday that they believe Apple's (NASDAQ: AAPL) September quarter guidance could miss Street estimates.
Long, who has an Equal Weight rating and $149 price target on the stock, added that despite the potential miss, it's not clear that it matters for the stock as "bulls may... More
Deutsche Bank Upgrades Spotify (SPOT) to Buy, 'Selloff Overdone'
July 26, 2023 6:12 AM EDTDeutsche Bank analyst Benjamin Black upgraded Spotify (NYSE: SPOT) from Hold to Buy with a price target of $180.00.
The analyst comments "After the YTD rally, very crowded long positioning, and with the pricing catalyst now in the rearview mirror, we think investors are taking a "shoot first, ask questions later" approach. However, we came away from the print modestly more constructive, as top-of-funnel metrics... More
Goldman Sachs sees Apple (AAPL) delivering an earnings beat
July 25, 2023 8:28 AM EDTGoldman Sachs said the firm expects Apple (NASDAQ: AAPL) to deliver an EPS beat when its reports earnings for its latest quarter on August 3.
Analyst Michael Ng told investors in a note they see Apple posting EPS of $1.21, beating the consensus of $1.19, driven by outperformance in Mac and... More
Domino's Pizza (DPZ) PT Raised to $465 at Stifel, 'Will Uber Start A Domino Effect On Delivery Sales?'
July 24, 2023 4:16 PM EDTStifel analyst Chris O\'Cull raised the price target on Domino's Pizza (NYSE: DPZ) to $465.00 (from $450.00) while maintaining a Buy rating.
The analyst comments "Domino's reported better-than-expected 2Q adjusted EPS results driven primarily by lower-than-expected costs. Domestic comps were in-line with our flattish... 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
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
