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Goldman Sachs chief executive David Solomon said he’s anticipating a potential stock market "drawdown” in the next year or two. “That shouldn’t be surprising given the run we’ve had,” he said during an interview at Italian Tech Week in Turin, Italy, at an event recorded by Bloomberg...
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Middle Coast Investing had a solid Q3, powered by four buyouts of portfolio companies and strong performance from several stocks. Read the full letter here...
Continue ReadingWe recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Alphabet Inc. (NASDAQ:GOOG) is one of the stocks that Wall Street analysts are discussing these days. Saira Malik, chief investment officer at Nuveen, said in a latest program on CNBC that Alphabet Inc (NASDAQ:GOOG) continues to be a leader in the AI space. […]...
Continue ReadingApple downgraded, Alibaba upgraded: Wall Street's top analyst calls...
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Investing.com -- Jefferies analysts downgraded Apple to Underperform from Hold in a note Friday, citing what they see as “excessive expectations on 18 Fold, and the replacement cycle,” despite raising iPhone unit growth forecasts for FY25/26/27 to 7%/1%/-1% from 5%/-3%/0%...
Continue ReadingThursday was wild for Tesla shareholders. The stock traded as high as $470.75, before closing down 5.1% at $436 a share...
Continue ReadingAnalyst Edison Lee cut his rating on the stock to underperform from hold, writing that the stock’s current valuation prices in an “overly bullish iPhone outlook.” The stock’s consensus recommendation — a proxy for the ratio of buy, hold, and sell ratings — now stands at 3.93 out of five, making Apple the least-loved of the Magnificent Seven except for Tesla Inc. Even so, bearish ratings for the stock are relatively rare...
Continue ReadingTesla (TSLA) delivered a record 497,000 vehicles in the third quarter, a performance powered by strong demand in China and a rush by U.S. buyers to secure the expiring federal EV tax credit. This surge not only beat forecasts, but also marked a milestone for Tesla’s energy storage business, which reached its highest-ever quarterly deployment. See our latest analysis for Tesla. Despite Tesla’s record Q3 deliveries, the share price has seen significant volatility. The stock was down 5% after.....
Continue ReadingWe recently published 10 Stocks to Watch Ahead of Q3 Earnings Season. Tesla Inc (NASDAQ:TSLA) is one of the stocks that Wall Street analysts are discussing these days. Steve Westly, The Westly Group founder, said in a recent program on CNBC that Tesla Inc (NASDAQ:TSLA) Q3 delivery numbers might be solid, but the “big question” […]...
Continue ReadingThe Trade Desk, Inc., is upgraded after a 28% stock drop, making the valuation more reasonable but not yet a bargain. Read why TTD stock is a Hold...
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