JPMorgan has a stark warning on Tesla stock
Tesla just missed on deliveries, missed on energy storage, and now has one of Wall Street‘s most prominent bears renewing his case for significant further declines.
JPMorgan analyst Ryan Brinkman reiterated an Underweight rating on Tesla on April 6 and maintained his $145 price target, which implies roughly 60% downside from where the stock currently trades.
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Read More9 ETFs for Solid Alternative Assets
The traditional 60/40 portfolio is under scrutiny. Today, some investing professionals are advocating for a 40/30/30 allocation, consisting of 40% stocks, 30% bonds and 30% alternatives.
The shift in thinking stems from what happened in 2022. Rising inflation and aggressive interest rate hikes created a rare environment where both stocks and bonds declined at the same time.
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Read MoreLive updates: Wall Street mixed ahead of Trump deadline, oil price slips, ASX marginally positive
Market snapshot
- ASX 200 futures: +0.1% at 8,770 points
- ASX 200 (Tuesday): +1.7% to 8,729 points
- Australian dollar: +0.8% to 69.74 US cents
- Wall Street: S&
Washington's timber industry buffeted by regulations, trade war
MORTON, Lewis County — Countless logging trucks rumbled through timber country, their drivers headed toward Hampton Lumber’s sawmill in Morton. Low-hanging clouds touched the tops of the rolling foothills, with patches of land bald from timber harvesting.
“We take our logs and get every bit out of it that we possibly can.
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Read MoreStock Market Today, April 8: Oil Prices Plunge and Markets Rally on Iran Ceasefire
The Burst
Could This Tiny Nuclear Company Power the Future of Data and AI?
NuScale Power (NYSE: SMR) isn’t your typical energy company. It’s a trailblazing player in nuclear innovation, aiming to rewrite how the world generates clean, consistent power. Rather than betting on sprawling, billion-dollar nuclear facilities, NuScale is going small, really small, with its modular reactors, designed to be trucked in and switched on as needed.
It sounds futuristic.
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Read MoreThe Ivy
Is AppLovin Still a Buy After Its Incredible Run?
AppLovin (NASDAQ: APP) has had the kind of year investors dream about. The mobile app marketing and advertising platform, best known for its strength in mobile gaming has seen its stock rocket more than 5x over the past 12 months, fueled by relentless revenue growth and eye-popping profits.
With a move that big,
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Read MoreThe Spotlight
You Can’t Pick Tesla, So Which EV Wins?
Few realize that Lucid Group (NASDAQ: LCID) traces part of its engineering DNA back to Atieva, a company that initially specialized in developing advanced battery systems for Formula E racing teams. Before the high-profile splash of the Lucid Air sedan, Lucid’s engineers were quietly perfecting electric drivetrains in the crucible of motorsports.
This racing pedigree helped the company engineer a powertrain that offers truly impressive range—up to 516 miles on a single charge for the Lucid Air Grand Touring edition,
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