Nasdaq 100 enters correction territory as AI tailwind fades
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Morgan Stanley 6th Annual Internal Survey of Their Interns on Tesla (TSLA) Reveals: 'Tesla 'cool factor' is... cooling'
August 5, 2024 10:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Tesla 'cool factor' is... cooling. The interns prefer gasoline powered cars over EVs by nearly 2 to 1. Tesla further declined as the most desirable brand to 11% (vs. 14% last year, 19% in 22, and 30% in 21). The share... More
Magnificent 7 stocks slide amid tech slump
August 5, 2024 9:54 AM EDTThe Magnificent 7 stocks experienced significant declines on Monday as the tech sector and broader market faced a severe sell-off.
While the stocks have begun to recover slightly following the opening bell, Apple (NASDAQ: AAPL) is currently down more than 5%, while NVIDIA (NASDAQ:... More
Tesla (TSLA) stock falls more than 7% premarket amid tech rout
August 5, 2024 7:06 AM EDTTesla (NASDAQ: TSLA) shares have fallen sharply in premarket trading on Monday, down more than 7% as part of a broader tech sell-off driven by disappointing economic data.
The decline comes on the heels of weaker-than-expected jobs reports last week, which reignited fears regarding the economy.
Tesla shares are currently trading around the $192.50 mark, its lowest level since June 26, 2024.... More
