Tesla Stock Starts the Week With a Pair of Downgrades After Musk-Trump Spat
Key Takeaways
- Tesla’s stock received a pair of downgrades from Argus Research and Baird analysts.
- The analysts said uncertainty after CEO Elon Musk’s public spat with President Trump is a negative for the EV maker.
- Tesla is expected to launch its robotaxi service in Austin,
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Read MoreTesla Stock Investors Got a Double Dose of Bad News After the Feud Between President Trump and Elon Musk
Better Autonomous Driving Stock: Tesla or Uber? The Answer Might Surprise You.
Tesla (NASDAQ: TSLA) is one of the leaders of the electric vehicle (EV) industry, but investors are more focused on its autonomous full self-driving software (FSD),
» Read more about: Better Autonomous Driving Stock: Tesla or Uber? The Answer Might Surprise You. »
Read MoreJim Cramer Says 'Apple Buyback Is Not Working Right Now,' Michael Saylor Quips Tim Cook's Company 'Should Buy Bitcoin'
Apple Inc. AAPL is under scrutiny as CNBC’s “Mad Money” host Jim Cramer declared that the tech giant’s stock buyback program “is not working right now.”
What Happened: The $3 trillion company,
Why Oklo Stock Slumped Today
One of the hotter energy stocks of recent times cooled down on Friday. This is next-generation nuclear company Oklo (NYSE: OKLO),
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Read MoreThe Burst
1 High Dividend REIT You Can’t Ignore
REIT Federal Realty has a long history of dividend payments but with the real estate market still in the grips of high-interest rates, is FRT’s dividend worth buying?
The renowned real estate investment trust has over 60 years of experience and develops high-quality retail-based properties and mixed-use neighborhoods,
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Read MoreThe Ivy
Did The Market Already Bottom?
If Goldman Sachs is right, the market moves late last week were sufficient to alleviate selling pressure, at least for now. They identified a key line in the sand around 5250 where selling pressure would sharply drop over the coming week from the sell orders that had been slated.
It’s also been a tailwind to see big institutions,
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Read MoreThe Spotlight
Tootsie Roll Highlights Crazy Market
The current S&P 500 bear market was officially announced on June 13, 2022 and it doesn’t seem as if the bear market is over yet. A sustained recovery will likely commence only once interest rates peak, and further rises are no longer expected. In spite of the general market malaise, some stocks are bucking the trend when it comes to valuation metrics.