Shares of Tesla (TSLA) are under pressure as the Justice Department investigates whether Tesla committed wire and securities fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, Reuters reports. Barclays Senior Autos Analyst Dan Levy joins Catalysts to give insight into Tesla and the pressure the company is under as uncertainty grows around it. Levy explains why Tesla is headed down an uncertain path: "You have an investment thesis that's in pivot. And I think that there is uncertainty because the stock or the narrative is pivoting away from what was viewed as some certainty around vehicle sales, leveraging a cost advantage, and instead leveraging bets that people view as possibly binary. The push to autonomous, the push to robotaxi — these could be potentially largely disruptive bets, but they're binary. People just don't know what the outcome is." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
Continue ReadingApple (AAPL), during a virtual launch event, unveiled a new lineup of iPads for the first time in two years...
Continue ReadingOn May 7, 2024, Apple Inc. (NASDAQ:AAPL) announced the launch of its latest iPad models: the iPad Pro equipped with the powerful M4 chip and OLED displays, and the iPad Air now featuring the M2 chip. These introductions mark the first update to the iPad lineup since October 2022, signaling a significant step in Apple’s product evolution, and are expected to improve the revenue mix and drive growth going forward, according to Goldman Sachs. Key Insights from the New iPad Launch Goldman Sachs equi...
Continue ReadingQuarterly Earnings Reports Summary...
Continue ReadingThis chip stock tanked following the release of the company's latest earnings report, but investors shouldn't miss the bigger picture...
Continue ReadingQuarterly earnings reports paint an unflattering picture this morning, and Tesla finds itself under investigation...
Continue ReadingThe overall market is overbought, given interest rates are likely to remain higher for longer. Find out why the market is overvalued at current trading levels...
Continue ReadingThe number of data compromises last year increased by 78% from 2022...
Continue ReadingMicrosoft (MSFT) is set to invest $3.3 billion to build AI infrastructure and training programs in Wisconsin. President Joe Biden will make the announcement with Microsoft president Brad Smith on Wednesday. Yahoo Finance Tech Editor Dan Howley joins The Morning Brief to discuss Microsoft's investment, which includes local education and business development programs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino...
Continue ReadingThis massive technology giant may have a leaner and more profitable future...
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