The biography said Musk's decision-making was "bold, stubborn, reckless, visionary," and "at times surprisingly flexible."...
Continue ReadingThe U.S. Food and Drug Administration has approved updated Covid vaccines from Pfizer (PFE) and Moderna (MRNA) to combat new virus variants amid a surge in new cases and hospitalizations. Oracle (ORCL) shares moved lower in after-hours trading after reporting mixed fiscal first quarter results. Lastly, Tesla (TSLA) stock jumped after Morgan Stanley (MS) upgraded the stock to "Overweight" from "Equal Weight" and issued a $400 price target, citing a potential boost from its Dojo supercomputer. Yahoo Finance's Akiko Fujita breaks down the top stories of the day...
Continue Reading"A biographer has to show the light and the dark strands, and you've got to be critical of the dark strands, you've got to be admiring the light strands. But then the toughest thing is to show how they intertwine."...
Continue ReadingTesla's potential half-trillion-dollar gain in market value on the company's Dojo supercomputer is leading the stock higher +10% on the day...
Continue ReadingTesla's upgrade was centered around optimism for its custom supercomputer, Dojo, which is expected to generate considerable value for the EV titan as it continues its push into Full Self-Driving capabilities...
Continue ReadingU.S. equities gained on Monday, Sept. 11, 2023, with the S&P 500 Index rising 0.7%, amid expectations Fed policymakers might not raise interest rates at their meeting next week...
Continue ReadingThe Dow Jones rallied. Tesla stock soared past a buy point as Elon Musk boasted of value drivers, including AI. Uber stock cleared an entry...
Continue ReadingTesla led the S&P 500 Monday, surging on an upgrade. Apple chipmaker Qualcomm rose solidly. Aerospace giant RTX led losers...
Continue ReadingShares of Tesla were upgraded to Buy from Hold at Morgan Stanley, Qualcomm said it will supply modem chips for Apple's iPhones through 2026, and Disney and Charter reached an agreement to restore popular channels to the cable operator...
Continue ReadingTesla shares surged after receiving an AI-related upgrade, which helped boost the broader market. Stocks closed higher Monday as market participants took a glass-half-full stance ahead of this Wednesday's key inflation report. The Federal Reserve has repeatedly said it will remain data dependent in determining if more rate hikes are needed to bring inflation down to its 2% target. After raising interest rates in July, the central bank is widely expected to keep them unchanged at next week's meet...
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