Tesla to recall 125,227 vehicles over faulty seat belt warning system
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- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
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BofA: Four reasons why Big Tech's reign will end
June 3, 2024 7:45 AM EDTAccording to analysts at Bank of America, the dominance of Big Tech may be nearing its end. As the "Magnificent Seven" tech giants have grown larger in the S&P 500, several macroeconomic and sector-specific trends signal potential challenges ahead, according to the bank.
Firstly, BofA points out that the primary driver of Tech outperformance has been... More
Morgan Stanley Reiterates Overweight Rating on Tesla (TSLA)
May 31, 2024 9:40 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "We've encouraged investors to pay close attention to the June 13th shareholder vote due to its significance to the long-term strategic direction of the company. We believe that CEO Elon Musk needs Tesla... More
Proxy advisory firm ISS recommends against Tesla CEO Musk's $56bn pay - Reuters
May 31, 2024 8:05 AM EDTAccording to a report from Reuters on Friday, Institutional Shareholder Services (ISS), a top proxy advisory firm, has recommended that Tesla (NASDAQ: TSLA) shareholders vote against ratifying CEO Elon Musk's $56 billion pay package, calling it excessive.
Reuters said in a report Friday that... More
