Futures edge lower, Apple reveals OpenAI partnership - what's moving markets

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Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote

June 13, 2024 11:52 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "According to the WSJ, Tesla CEO Elon Musk posted on X that preliminary voting results indicate both major shareholder resolutions to ratify Musk's 2018 compensation package and reincorporate the company in Texas are "currently passing by... More

Citi Reiterates Neutral Rating on Tesla (TSLA)

June 12, 2024 6:40 AM EDT

Citi analyst Itay Michaeli reiterated a Neutral rating and $182.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Ahead of an eventful few months for Tesla, we provide latest setup thoughts and a deeper-dive on RoboTaxi/AV prior to the 8/8 event. Were... More

Morgan Stanley on Tesla (TSLA): 'Will Tesla Do a Phone? Yeah, We Think So'

June 12, 2024 6:10 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "From our continuing discussions with automotive management teams and industry experts, the car is an extension of the phone. The phone is an extension of the car. The lines between car and phone are truly blurring. For years, we have been writing about the potential for Tesla to expand into edge compute domains beyond the car,... More

Lightshed Partners Upgrades Apple (AAPL) to Neutral, 'Can’t Disprove the Hype (Yet)'

June 11, 2024 3:34 PM EDT

Lightshed Partners analyst Walter Piecyk upgraded Apple (NASDAQ: AAPL) from Sell to Neutral.

The analyst comments "The pace at which companies have integrated AI into applications and devices has been impressive and only scratches the surface of what is possible. AI is... More

NVIDIA (NVDA) PT Raised to $150 at Argus, 'We recommend establishing or adding to positions'

June 11, 2024 7:27 AM EDT

Argus analyst Jim Kelleher raised the price target on NVIDIA (NASDAQ: NVDA) to $150.00 (from $110.00) while maintaining a Buy rating.

The analyst comments "Following a highly successful FY24, Nvidia, in our view, is positioned for continued momentum in FY25. The NVDA shares have... More

Rosenblatt Reiterates Neutral Rating on Apple (AAPL)

June 11, 2024 6:34 AM EDT

Rosenblatt analyst Barton Crockett reiterated a Neutral rating and $196.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "Apple sells over 200 million iPhones a year, and has an iPhone installed base of over 1 billion devices. But only about 10% of the... More