Eyes on AI! Wedbush Keeps $600 Tesla Stock Price Target despite Q1 Miss
Shares of Tesla (TSLA) dropped 5.42% on Thursday after the EV maker delivered 358,023 vehicles in Q1, missing Wall Street’s estimate of 370,000. Despite the miss, Wedbush’s five-star-rated analyst Dan Ives maintained his Buy rating and $600 price target on TSLA stock, citing AI push and robotaxi plans as key drivers for 2026.
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Read More2 Nuclear Energy Stocks to Buy in 2026
Key Points
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AI’s huge energy demands are creating a nuclear renaissance.
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Two stocks in particular should benefit: Oklo and NuScale.
According to analysts from Bank of America, we are now entering a nuclear renaissance.
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Read MoreThese Energy ETFs Yield Over 5%, And Are Perfect For Spiking Energy Prices
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Alerian MLP ETF (AMLP) holds $11.82B in assets with a 7.63% dividend yield and most recent quarterly dividend of $1.01 per share, up from $0.88 in early 2024, while Global X MLP ETF (MLPA) offers a lower 0.45% expense ratio versus AMLP’s 0.85% with similar 7.2% yield; Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) generates a 22% yield through covered call premium collection on oil fund shares but caps upside participation and carries counterparty credit risk;
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Read MoreVeteran analyst sends message to Tesla investors after Q1 miss
Tesla (TSLA) stock just took a body blow after another underwhelming Q1 delivery report, but Dan Ives isn’t flinching.
The veteran Wedbush analyst doubled down on his Buy rating for the stock, standing by a $600 price target, even after Tesla missed Wall Street‘s delivery and energy storage expectations.
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Read MoreHow Wall Street traders are positioning ahead of Trump's Iran deadline
Wall Street, along with the rest of the world, is nervous. President Trump’s deadline to reach a deal with Iran to reopen the Strait of Hormuz is quickly approaching, with the odds dwindling of an agreement being struck. Trump said in a new Truth Social post early Tuesday that, “A whole civilization will die tonight,
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Read MoreThe Burst
1 Wild Stat Since 1990 Is Ominous
The market is much like a pendulum, swinging back and forth, or more precisely up and down. With each dip, it finds the energy to power higher to break new highs. Until the buyers are exhausted that is, and then a correction follows.
Usually, it climbs up steps, slowly and methodically, but falls down the elevator shaft.
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Read MoreThe Ivy
Has Latin Billionaire Spotted Screaming Buy
Carlos Slim made a splash in a surprising sector last year, choosing to bet big on oil production and refining businesses.
Throughout 2024, the (in)famous investor deployed about $1 billion into the oil market, including a little over $600 million in US refining company PBF Energy (NYSE:PBF).
Why is it about this relatively obscure energy name that has attracted Carlos Slim,
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Read MoreThe Spotlight
Scintillating Growth Stock Scooped Up by Billionaire
Stanley Druckenmiller, net worth $6.4 billion, is widely considered one of the world’s best investors. His biggest claim to fame is the fact that in its 30 years of operation, Druckenmiller’s hedge fund Duquesne Capital never had a down year.
Druckenmiller closed his hedge fund after the global financial crisis and opened a smaller,
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