Tesla deliveries, Taiwan earthquake, Intel loss - what's moving markets

Apple (AAPL) App Store revenue up 12% YoY in March quarter - UBS

UBS analysts said in a note Thursday that Apple's (NASDAQ: AAPL) March quarter App Store revenue was in line with their Services estimate for the quarter.

The investment bank stated that App Store revenue was up 12% year-on-year, with spending ticking up modestly in... More

Tesla (TSLA) PT Lowered to $310 at Morgan Stanley, 'Near Term Fearful vs. Long Term Greedy'

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $310.00 (from $320.00) while maintaining a Overweight rating.

The analyst comments "Teslas weak 1Q update is a clear sign of the ongoing EV shakeout phase. Our revised FY24 delivery est... More

Tesla (TSLA) PT Lowered to $115 at JPMorgan, 'We are slashing our estimates and price target'

JPMorgan analyst Ryan Brinkman lowered the price target on Tesla (NASDAQ: TSLA) to $115.00 (from $130.00) while maintaining a Underweight rating.

The analyst comments "

We are slashing our estimates and price target for Tesla shares after updating for 1Q24 deliveries which yesterday tracked materially softer than JPM and consensus expectations and which we estimate could spell trouble for investor confidence in the companys long-term growth outlook that is so critical to sustaining the stocks rarified valuation multiple. In fact, Tesla vehicle sales appear to have missed analyst estimates by the... More

Tesla (TSLA) PT Lowered to $189 at Deutsche Bank, 'worries over volume and earnings could continue to dampen investor sentiment'

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Tesla (NASDAQ: TSLA) to $189.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "As we previewed, we think worries over volume and earnings could continue to dampen investor sentiment and put... More