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Tesla, Nvidia, Affirm, Norwegian Cruise Line, Netflix, Micron: Biggest Stock Movers
Cathie Wood Dumps Over $7 Million Worth Of Meta Shares As Mark Zuckerberg's Social Empire Faces Privacy Heat — Ark Sells Block Shares Again
Demand is taking a hit! Following JPMorgan and Wells Fargo, another major bank has downgraded Tesla's Target Price.
On Monday, Mizuho Analyst lowered the Target Price for Tesla from $515 to $430, citing weak demand for the automaker amid uncertainty over tariffs; Mizuho currently projects Tesla will deliver 1.8 million autos this year and 2.3 million autos in 2026, down from previous estimates of 2.3 million autos and 2.9 million autos.
On the eve of NVIDIA's first "Quantum Day," USA quantum computing stocks surged across the board.
NVIDIA will announce advancements in the field of quantum computing at the GTC developer conference, and the market is betting on quantum computing stocks in advance. Over the past five trading days, D-Wave has even seen an increase of over 130%.
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
The largest acquisition in Google's history is nearing completion! Media reports indicate a $30 billion acquisition of the cybersecurity startup Wiz.
According to informed sources, Google's parent company Alphabet plans to acquire the cybersecurity startup Wiz for about 30 billion dollars and is currently in deep negotiations.
