Elon Musk Says He Fully Endorses Donald Trump Following Apparent Shooting
Tesla Q2 EPS Estimate Bumped Up, Rivian's Cold Shoulder To Union, Lucid's 70% Sales Jump And More: Biggest EV Stories Of The Week
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.'s (NASDAQ:TSLA) gain in the previous week. The Elon
Uber and Lyft May Have Nothing to Fear From Tesla's Robotaxi Vision
EVgo Rallies as Lower Interest Rates, Upbeat EV Sales Leads to PT Hike
AI Super Bulls Pay Attention To The Biggest Divergence Since 2001, TSLA Call Buyers Crushed
To gain an edge, this is what you need to know today. AI Super Bulls Pay Attention Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock
Ford Motor Shares Are Trading Higher: Here's What You Need To Know
Shares of Ford Motor Company (NYSE:F) are moving higher on Friday, potentially driven by several positive developments announced during the week.What To Know: On Thursday, the Biden-Harris
Tesla Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/12/2024 10.06% Citigroup $182 → $274 Maintains Neutral 07/12/2024 -20.87% UBS $147 → $197 Downgrades
Rivian Sees Big Money Take Bearish Position in Options, Even as Stock Tracks Tesla's Gains
Rivian saw financial giants take bearish options on the stock Friday even as the share price climbed to a six-month high, tracking gains across the electric vehicle industry, including its biggest rival Tesla.
Rare Tesla Roadster Hits Auction Block: What Makes The Electric Vehicle Prototype Unique?
Collectors will likely covet a rare Tesla Inc (NASDAQ:TSLA) prototype currently up for auction.What Happened: Collectors can now bid on a Tesla Roadster via an auction with Cars & Bids.The 2011
Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?
It's another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new record highs, surpassing the 40,000-mark milestone and breaking the previous peak set
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
What the 2000's Tech Bubble Says About Today's Suspected Rotation - Analyst
U.S. Inflation Drop Paves Way For Federal Reserve Rate Cuts: Will Cannabis Stocks Benefit?
The recent drop in U.S. inflation has sparked discussions about potential interest rate cuts by the U.S. Federal Reserve Bank. As inflation cools, investors are reconsidering their portfolios, with
Tesla Bulls, Bear Weigh In On Robotaxi Delay: 'Very Odd' Or Biding Time For 'Eye-Popping' Prototype?
Reports of a potential delay in Tesla, Inc.'s (NASDAQ:TSLA) robotaxi unveil punctured the shares on Thursday. Several analysts addressed the ramifications of such an eventuality.Johnson's Take:
What's Going On With Rivian Automotive Stock?
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher Friday, and the stock has gained more than 20% as EV stocks rallied on multiple catalysts this week.What To Know:Several EV makers,
US stocks rebounded strongly, with small-cap stocks leading the way again. The Nasdaq rose 1%, Tesla rose more than 4%, and Chinese concept stocks rose across the board.
Major U.S. stock indexes rebounded across the board, with the Nasdaq rising more than 1%, the Dow Jones rising 300 points at the beginning of the trading day, and the Russell 2000 small-cap stocks rising more than 1.8%. The seven sisters of the U.S. stock market rose and fell unevenly, with Tesla up more than 4% and Nvidia up nearly 2.9%. The AI stocks and bank stocks showed different trends, and Wells Fargo & Co. fell more than 7.4%. The China concept stocks index outperformed the large-cap stocks of the U.S. stock market, and Xpeng rose more than 6.3%.
SpaceX Falcon 9 Suffers Malfunction During Starlink Launch
Today's Morning Movers and Top Ratings: C, JPM, WFC, T and More
Citigroup's stock rose by 3.4% in premarket trading as the banking giant reported second-quarter earnings that exceeded analyst expectations. Check out how JP Morgan, Wells Fargo and AT&T's stocks are moving today.
NVIDIA To Rally More Than 33%? Here Are 10 Top Analyst Forecasts For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Piper
"Too much, too fast!" UBS Group downgraded Tesla's rating to sell, citing the excessive valuation of non-automotive business.
Following the news of RoboTaxi's two-month delay in its release, Tesla was criticized by UBS Group on Friday, July 12th. Analysts, including Joseph Spak, downgraded Tesla's rating from 'Neutral' to 'Sell' in a report, citing concerns over the company's share price rising too quickly and resulting in an increasingly difficult-to-justify valuation. Currently trading at 86 times forward earnings with a lack of visibility, there is a risk that the company may not be able to achieve its growth targets due to delays. The institution believes that this is being driven by enthusiasm for artificial intelligence.