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Tesla rose nearly 9% again! Musk's influence is unprecedented, with most bulls significantly raising the target price to $400.
After each trading day following the US presidential election, Tesla's stock price has been rising. On Monday, Tesla's stock price rose by nearly 9%, closing at $350, marking the largest five-day cumulative gain in the past four years. With Tesla rising consecutively, it coincides with President-elect Trump beginning to form his new US government cabinet. Recent signs indicate that the channels of communication between Musk and Trump are open, and his influence in Trump's second term will be unprecedented.
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Blackwell supplier core source system plummeted! Analysts back it: no technical issues.
Previously, Edgewater Research pointed out issues with the products of Core Source Systems, which could lead to losing the opportunity to supply parts to nvidia's Blackwell graphics cards, resulting in a significant stock price drop of nearly 25%. However, analyst Mosesmann from Rosenblatt believes there are no issues with the products, and if there were, nvidia would notify the company. Although Core Source Systems may have a reduced share in Blackwell chips, it will still be a major supplier, likely maintaining a large market share, leading to a narrowing of the decline in stock price.
