Lowe's, Airbnb, Oracle rise premarket; Charter Communications fall
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StreetInsider.com Top Tickers, 7/22/2026
- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- Tesla profit disappoints, EV maker posts cash burn as AI spending surges
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
- Emirates refusing to take delivery of first 10 Boeing 777X jets
- Intersnack to acquire Utz Brands at $14.25 per share in go-private deal
- Crude Inventory Rose 2 Million Barrels Last Week - EIA
- Wall St ends higher on chip stocks recovery; earnings in focus
- Palo Alto Networks to acquire Embrace to expand observability tools
Deutsche Bank warns of downside risk on Tesla (TSLA)
September 7, 2023 3:10 PM EDTDeutsche Bank hosted investor meetings with Tesla as part of the IAA Cars Conf. In the very near term, we came away with the sense there could be downside risk to investors expectations for volume and margin in Q3, reflecting planned summer production shutdowns which will push both production and deliveries down QoQ, discounts on inventories, and limited positive costs offsets... More
Tesla (TSLA) China celebrates 2M vehicle production milestone
September 6, 2023 1:32 PM EDTOn Wednesday, Tesla's China branch made an announcement about a significant achievement at their Shanghai facility. Through their social media channels, the company shared that Giga Shanghai has reached the remarkable milestone of manufacturing its two millionth vehicle in less than four years since the plant commenced its... More
German Chancellor reveals plans for EV expansion law at IAA Munich
September 5, 2023 12:52 PM EDTGerman Chancellor, Olaf Scholz took a tour of this years IAA car show in Munich on Tuesday where he revealed a groundbreaking initiative to expand the electric vehicle industry in his country.
In his address, he praised the German car industry's dedication to electrification while expressing his disapproval of ongoing protests. Scholz announced a new law, expected in the coming weeks, designed to significantly increase the number of electric vehicle charging stations across the country.
Under... More
Tesla (TSLA) sues Chinese tech firm in IP dispute
September 5, 2023 11:50 AM EDTChinese national security newspaper, The Shanghai Securities Journal, reports Tuesday that American electric automaker, Tesla (NASDAQ: TSLA) has filed a lawsuit against Chinese chip designer, Bingling Intelligent Technology, over tech secret infringement and unfair competition disputes.
Tesla alleges that Bingling violated its intellectual property rights, particularly in... More
Lowe's (LOW) raised at Bernstein as analyst bullish on long-term drivers of home improvement spending
September 5, 2023 11:29 AM EDTBernstein analyst Dean Rosenblum upgraded Lowe's Cos. (NYSE: LOW) to Outperform from Market Perform in a note on Tuesday, raising the price target for the stock to $282 from $252 per share.
The analyst stated in his note that the firm now sees a confluence... More
ESPN should be valued at $30bn says KeyBanc analyst
September 5, 2023 10:57 AM EDTWalt Disney's (NYSE: DIS) ESPN should be valued at $30 billion, according to KeyBanc Capital Markets analyst Brandon Nispel.
The analyst told investors in a note on Tuesday that the firm remains Sector Weight on Disney shares and sees a neutral risk/reward for... More
Renault CEO says Ampere IPO value could reach $10 Billion
September 5, 2023 10:26 AM EDTAccording to CEO Luca de Meol, Renault's Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around 10 billion euros ($10.8 billion).
During an interview with the Financial Times at the Munich IAA car show on Monday, De Meo suggested that Ampere's market worth could range... More
