S&P 500 inches higher as tech, energy power ahead

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Judge clears Tesla (TSLA) of wrongdoing in toxic workplace lawsuit

September 20, 2023 1:38 PM EDT

Tesla (NASDAQ: TSLA) cleared of any wrongdoing on Tuesday in a lawsuit concerning to a toxic workplace, initiated by shareholders.

On Tuesday, a federal court determined that the lawsuit filed by the shareholders had deficiencies in its allegations. The lawsuit had accused Tesla of causing... More

Tesla (TSLA) reinstates free car offer through referral program

September 20, 2023 11:19 AM EDT

Tesla (NASDAQ: TSLA) is once again offering free vehicles through its referral program, encouraging individuals to persuade others to experience a test drive or make a purchase of one of the company's automobiles or energy products.

Tesla introduced the opportunity for individuals to potentially win a Model 3 Performance for just 1,000 credits, and owners are... More

Federal Tesla (TSLA) probe examines perks given to Musk going back several years

September 19, 2023 3:01 PM EDT

An exclusive story by the Wall Street Journal Tuesday reports that federal prosecutors in a probe of electric vehicle maker Tesla (NASDAQ: TSLA) are scrutinizing personal benefits the company may have provided to CEO Elon Musk since 2017. The inquiry is part of a criminal investigation examining issues including a proposed house for the multi-billionaire executive.

The U.S. Attorney's Office for the Southern District of New York is actively seeking details regarding transactions between Tesla and various entities linked to Musk. According to individuals familiar with the... More

Goldman Positive on Apple (AAPL): 'Lead times extend for the iPhone 15 and 15 Plus suggesting strong demand'

September 19, 2023 2:12 PM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $216.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "We update our analysis of iPhone 15 fulfillment times on Apple.com, which shows lead times for all models of the iPhone 15 extending further, with the most notable... More

Nasdaq bearish positioning continues - Citi

September 19, 2023 8:22 AM EDT

In the equity markets positioning model note on Tuesday, Citi analyst Chris Montagu said net positioning across US equities is on the decline.

Montagu stated there was little change over the last week. Ongoing trends continue, with the S&P remaining near neutral and Nasdaq bearish positioning... More

Micron Technology (MU) PT Raised to $85 at Goldman Sachs, 'raise our target multiple by a turn to reflect improved visibility'

September 19, 2023 7:01 AM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on Micron Technology (NASDAQ: MU) to $85.00 (from $80.00) while maintaining a Buy rating.

The analyst comments "

We reiterate our Buy rating on MU ahead of the company's FY4Q (August) earnings release scheduled... More