Ark Invest founder questions Nvidia and Arm Holdings valuations amid AI focus

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Tesla (TSLA) is subject to EU Chinese anti-subsidy probe

September 26, 2023 10:55 AM EDT

The Financial Times reports Tuesday morning that Tesla (NASDAQ: TSLA), along with other European carmakers exporting from China, will be part of a probe by the EU into whether the country's electric vehicles industry is receiving unfair subsidies.

EU executive vice-president Valdis... More

Baird reiterates Outperform on Tesla (TSLA) as EV maker is 'best positioned among its peers'

September 26, 2023 10:10 AM EDT

Baird reiterated their Outperform rating on Tesla (NASDAQ: TSLA) with a $300.00 price target on the stock as analyst, Ben Kallo continues to believe the electric automaker is the best positioned among its peers and recommends the company as a top pick for... More

EU ministers reach compromise on vehicle emission regulations

September 25, 2023 2:37 PM EDT

European Union ministers reached a consensus on Monday to modify a European Commission proposition concerning new vehicle regulations. The decision came after eight countries, including France and Italy, expressed concerns that the proposed changes might redirect investments away from the electric vehicle industry.

The European Union has been progressively tightening emissions standards for road vehicles since 1992. The Commission's... More

This is how much Arm stock could further fall according to Bernstein

September 25, 2023 7:41 AM EDT

Bernstein analyst Sara Russo reiterated an Underperform rating on Arm Holdings (NASDAQ: ARM) despite the stock falling over 15% last week.

Arm previously priced shares at $51 each for its much-anticipated IPO. The chipmaker sold approximately 95.5 million shares, with SoftBank retaining control of about 90% of outstanding shares.

On the first day of trading, Arm shares opened at $56.10 and closed at $63.59. The... More