Tesla stock rose early Thursday as CEO Elon Musk revealed development plans for his company’s self-driving taxi service. “Expanding to a larger service area in Austin this weekend,” explained Musk, adding that launching in the San Francisco Bay Area was likely “in a month or two.” Today, it has a permit to test self-driving cars with a safety driver in the state...
Continue ReadingMorning Brief host Julie Hyman takes a closer look at some of the stocks that are trending on Thursday, July 10. Tesla (TSLA) has scheduled its annual shareholder meeting for November 6. Conagra Brands (CAG) stock is slipping after the company's fiscal fourth quarter sales came in below expectations. Conagra also issued disappointing full-year guidance. Taiwan Semiconductor Manufacturing Company (TSM) reported that revenue for the first half of the year surged nearly 40%. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingUber Technologies, Inc. (NYSE:UBER) is one of the 10 Stocks to Watch in July as AI Enthusiasm Returns. Mark Mahaney, Evercore ISI head of internet research, explained in a recent program on CNBC that Uber Technologies (NYSE:UBER) needs to expand in more geographies for growth via partnerships “If you get more of these rollouts with Waymo, […]...
Continue ReadingMusk’s surprise move catches everyone off guard...
Continue ReadingTesla has scheduled an annual shareholders meeting for November, one day after the electric vehicle company came under pressure from major shareholders to do so. Billionaire Elon Musk's company said in a regulatory filing on Thursday that the meeting will be held on Nov. 6. A group of more than 20 Tesla shareholders said in a letter to the company a day earlier that it needed to provide public notice of the annual meeting...
Continue ReadingInvesting.com -- Tesla may benefit from a temporary sales boost, but fundamental challenges still weigh on the company’s long-term outlook, according to Wells Fargo...
Continue ReadingDespite S&P 500 reaching new highs, only 63% of stocks are above their 200-day MA, highlighting a worrying bifurcation in market breadth. Read the latest market outlook here...
Continue ReadingNVDA hit $4T market cap as demand for its AI chips surges and the company is outpacing rivals...
Continue ReadingAurora Innovation, Inc. (NASDAQ:AUR) is one of the 110 Best Growth Stocks to Buy With Huge Upside Potential. On May 15, George Gianarikas from Canaccord Genuity maintained a Buy rating on Aurora Innovation, Inc. (NASDAQ:AUR) with a price target of $15. The analyst highlighted Aurora Innovation, Inc. (NASDAQ:AUR)’s advanced approach to Level 4 autonomy through its hybrid […]...
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