Target, Cava and Coinbase rise premarket; Tesla, Tower Semiconductor fall
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Morgan Stanley on Tesla (TSLA): 'Investors are becoming more cautious on China EVs'
August 17, 2023 4:11 PM EDTMorgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $250.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Investors are becoming more cautious on China EVs after a solid run in the past 3 months, with Tesla's further promotional activity of particular... More
Tesla (TSLA) notifies lithium supplier of potential lawsuit over failed deal
August 17, 2023 2:30 PM EDTLithium supplier, Core Lithium has been notified by electric vehicle maker, Tesla (NASDAQ: TSLA) regarding a 2022 supply agreement that failed to be realized within the contracted timeframe, according to a statement from the Australian mining company.
Despite prior arrangements, the... More
Tesla (TSLA) to begin mass output of revamped Model 3 in China
August 17, 2023 7:57 AM EDTTesla (NASDAQ: TSLA) is poised to begin mass production of the electric vehicle giants updated Model 3 in China as early as next month, according to people familiar with the situation.
Sources, who opted to remain anonymous as the details are not yet public, have revealed that Tesla is nearing the completion of display... More
Texas commission approves Tesla (TSLA) charging standard for federal funds despite concerns
August 16, 2023 1:46 PM EDTA Texas commission voted Wednesday to approve a plan to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) technology to be eligible for federal funds, despite calls for more time to re-engineer and test the connectors.
According to federal regulations, companies must provide NACS rival, Combined Charging System (CCS) as a basic offering to qualify for the... More
Mizuho Securities Negative on Coinbase Global Inc. (COIN) Crypto Futures: 'cannibalization risk'
August 16, 2023 9:55 AM EDTMizuho Securities analyst Dan Dolev reiterated an Underperform rating and $27.00 price target on Coinbase Global Inc. (NASDAQ: COIN).
The analyst comments "Bloomberg reported that COIN obtained approval from the National Futures Association (NFA) to sell crypto derivatives directly to retail traders in... More
