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The National Highway Traffic Safety Administration is investigating Tesla's autonomous driving technology after receiving reports of four crashes, including one that killed a pedestrian...
Continue ReadingThe US National Highway Traffic Safety Administration (NHTSA) has launched a probe into Tesla's (TSLA) Full Self-Driving systems in its EVs following a series of crashes, including one fatality. Yahoo Finance senior autos reporter Pras Subramanian details the incidents and the technical factors that reportedly contributed to these crashes, putting into question Tesla's robotaxi future. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan...
Continue ReadingTesla dived on Q3 deliveries and the robotaxi event, but steadied ahead of earnings. BYD rebounded back into a buy zone Friday...
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Tesla (TSLA) has underperformed over the past few weeks following a disappointing production report and negative market reactions to its long-awaited Robotaxi event. As the company prepares to report its Q3 earnings results next week, I maintain a Hold stance on TSLA. I believe that as the market’s attention increasingly shifts to the bottom line, the company’s margins are likely to come under pressure in Q3 due to ongoing headwinds in the auto industry. This could lead to a negative reaction, a...
Continue ReadingUtilities is on fire this year. Here's what's driving the demand...
Continue ReadingAs the AI race heats up, Ram Ahluwalia, Lumida Wealth Management CEO, joins Catalysts to discuss how the competition may weigh on Nvidia (NVDA). "I think we're still in the early innings for Nvidia. Nvidia clearly is capturing the bulk of the value capture in the sector and industry," Ahluwalia tells Yahoo Finance. He expects Nvidia stock to hit $150 by the end of 2024, especially as hyperscalers intend to spend between $50-$100 billion on GPU compute. Ahluwalia believes "there's no question" about Nvidia being the first company to reach a $4 trillion valuation. He argues, "We made a call earlier this year that Nvidia would be the most valuable company in the world. It achieved that milestone yesterday, and the demand for GPU chips is strong. And you're seeing enterprises start to get some ROI (return on investment) on it from the early adopters — Meta's (META) seen ROI on their CapEx (capital expenditures) spend. So, we think Nvidia's got plenty of room to grow from here." Of the "Magnificent Seven" players, he sees Nvidia as the AI winner alongside Alphabet's Google (GOOG, GOOGL) and Meta. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Melanie Riehl...
Continue ReadingThe National Highway Traffic Safety Administration is investigating 2.4 million Tesla vehicles with the Full Self-Driving software following fatal crashes involving reduced visibility...
Continue ReadingNuclear energy stocks are on fire...
Continue ReadingBoosted by big demand and an AI twist, GoDaddy has clobbered the gains of nearly all Mag 7 stocks. Now it's ready for more...
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