Midday movers: SoFi surges, iRobot sinks, and more

Tesla (TSLA) continues to fall in pre-market after judge rejects CEO Musk's $56B compensation package

Shares of Tesla (NASDAQ: TSLA) are trending down almost 3% in pre-market trading Wednesday morning as the market continues to process the news out of Delaware where a judge ruled to void Elon Musk's $56B pay package.

A Delaware judge supported investor plaintiffs who... More

Ark's Cathie Wood buys Tesla (TSLA) on 12% dip

In the face of Tesla's (NASDAQ: TSLA) recent market turbulence, Ark Invest, led by Cathie Wood, has doubled down on its support for the electric vehicle (EV) giant.

The investment firms Ark Innovation ETF (ARKK) purchased 148,246 Tesla shares on Thursday, while the Ark Next Generation Internet ETF (ARKW) added 29,624 shares. The combined total of... More

These stocks are Bank of America's top picks for 2024

Analysts at Bank of America highlighted their top stock picks for 2024 in a research note this week, with some big-name players making the list.

The US analysts' Year Ahead picks are all Buy-rated, with the list remaining the same until the end of the year, explained the investment bank.

Two of the top picks are, unsurprisingly, Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN), with Amazon... More

Boeing (BA) target cut as Bernstein says company may have to pay $1bn or more in compensation

Bernstein analysts lowered the Boeing (NYSE: BA) price target to $245 from $272 in a note Monday, maintaining an Outperform rating on the stock. The firm said they believe Boeing may have to pay $1 billion or more in compensation, stemming from the impact of grounded MAX-9s and certification delays to the delivery of the new... More

Jefferies cuts estimates on Tesla (TSLA), says EV maker lacks 'vision or plan'

Jefferies reiterated a Hold rating on Tesla (NASDAQ: TSLA) and cut their 12-month price target on the automakers stock to $185.00 (From: $225.00) following the companys 4Q earnings release.

Teslas 4Q results were as expected, with lower COGS. While slower growth was predicted, avoiding a set volume target could help bring back dynamic... More