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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Tesla (TSLA) Megapack business could be worth 'substantially more' than car business - analyst
February 29, 2024 8:33 AM ESTAnalysts at RBC Capital believe Tesla's (NASDAQ: TSLA) Megapack utility-grade battery storage business could be worth substantially more than its standalone car business.
The firm, which has an Outperform rating and a $297 price target on Tesla, said the Elon Musk-led company... More
