Midday movers: Ferrari races higher, Qualcomm sputters, and more
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StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Tesla (TSLA) sinks as SAP moves away from EV giant
February 5, 2024 3:12 PM ESTTesla's (NASDAQ: TSLA) stock dropped nearly 6% on Monday following reports that German software firm SAP would stop buying electric cars from the company.
Tesla's shares fell to $177.27, the lowest since May 2023, and has traded down 28% this year. The decline accelerated after Tesla projected "notably lower" delivery growth in... More
Global BEV sales reach a new high
February 5, 2024 11:56 AM ESTBank of America tracked electric vehicle sales for December and FY 2023 finding in December 2023 that global Battery Electric Vehicle (BEV) sales achieved a record high of 1.1 million units, marking a 19% YoY increase and pushing the penetration rate beyond 14% for the first time.
China experienced a resurgence in BEV sales, rising by 38% YoY in December and 32% in the 4Q. Meanwhile, the EU saw a 20% decline in December due to the phasing out of subsidies the previous... More
Activist investors target change at Tesla (TSLA) following Elon Musk pay ruling
February 2, 2024 11:36 AM ESTIn a recent development, activist investors targeting Tesla's (NASDAQ: TSLA) board for allegedly failing to curb CEO Elon Musk's influence believe a recent court ruling on Musk's $56 billion stock compensation may be the catalyst they need for meaningful reforms.
The pivotal moment arrived with a Delaware judge voiding Musk's record-breaking compensation, signaling... More
U.S. regulators upgrade Tesla (TSLA) power steering probe
February 2, 2024 9:59 AM ESTU.S. safety regulators have upgraded their probe into Tesla (NASDAQ: TSLA) and are looking more closely into power steering issues in the companys vehicles, taking the next step toward a potential recall.
The National Highway Traffic Safety Administration (NHTSA) announced an investigation covering around 334,000... More
Tesla (TSLA) recalls nearly 2.2M EV's in US
February 2, 2024 8:36 AM ESTElectric vehicle giant, Tesla Inc. (NASDAQ: TSLA) is recalling nearly 2.2 million EVs in the U.S. due to the size of the font on the vehicles warning lights.
According to the NHTSA release, Tesla's chosen font size for the affected vehicles fails... More
Tesla China (TSLA) offers cash discounts on select Model Y EVs
February 1, 2024 8:56 AM ESTTesla (NASDAQ: TSLA) China moves to attract more customers by offering cash discounts and introducing cutting-edge hardware upgrades for its popular Model Y vehicles.
The company announced a cash discount of 8,000 yuan ($1,114) for specific types of Model Y vehicles, starting from Thursday,... More
