Tesla stock is viewed as a "must own" by a firm that initiated coverage Monday with third-quarter earnings due next week after strong quarterly vehicle deliveries. TSLA shares angled lower early Tuesday after Monday's strong rebound. Melius Research analyst Rob Wertheimer on Monday initiated coverage of Tesla stock, handing it a buy rating with a 520 price target, representing about 20% upside compared with the trading level at Monday's stock market close...
Continue ReadingTesla stock volatility is picking up again as it dropped early Tuesday. This time, General Motors might bear some of the blame. Instead, GM announced $1.6 billion charge on Tuesday morning for “a planned strategic realignment of our EV capacity and manufacturing footprint to consumer demand.”...
Continue ReadingAlthough Tesla (NASDAQ: TSLA) has been a driving force in the electric vehicle market for many years, China's BYD is making an aggressive bid for the top spot, according to CNBC's Squawk Box Asia. In fact, BYD wants to take more than just the EV .....
Continue ReadingWe recently published 10 Most Popular Analyst Calls to Watch This Week. IBM Common Stock (NYSE:IBM) is one of the trending stocks. Steven Grasso, the CEO of Grasso Global, said in a recent program on CNBC that he likes IBM. Here is what the analyst said: “IBM Common Stock (NYSE:IBM) is a quiet way to […]...
Continue ReadingGood things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?...
Continue ReadingThey have historically performed better than broader equities. Their future may look very much like their past...
Continue ReadingGold prices are soaring in 2025, and it hasn't gone unnoticed. With the precious metal up more than 50% year-to-date on Oct. 9, far ahead of the S&P 500's 15% rise, everyday investors are starting to ask: What does this mean for the economy, and .....
Continue ReadingArchive360, the modern archiving company redefining the role of archiving in enterprise data management, today announced a collaboration with Microsoft to deliver advanced AI-powered eDiscovery and compliance solutions for large organizations. This collaboration combines Archive360's governed data cloud with Microsoft's AI capabilities through Azure OpenAI in Foundry Models to enable large and complex enterprises to conduct sophisticated investigations while maintaining strict data governance an...
Continue ReadingThe big risk to Palantir stock is that the ask rate for growth is high at 50% CAGR over the next 5 years...
Continue ReadingSupermicro is launching a new business line that will turn it into a one-stop shop for AI data center needs...
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