Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars...
Continue ReadingPresident-elect Donald Trump’s naming of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk as co-lead for the Department of Government Efficiency (DOGE) was expected and likely to be neither positive nor negative for the EV giant’s stock, according to The Future .....
Continue ReadingThe company has acknowledged five warranty claims related to this defect...
Continue ReadingBoeing is starting to show progress in its turnaround plans. Shares of the plane maker closed at $139.10 on Wednesday, the first time shares have closed below $140 since October 2022 and below the $143 level that Boeing recently sold stock. New CEO Kelly Ortberg has a list of things he wants to accomplish to turn around the struggling company...
Continue ReadingThursday, Jefferies analyst Philippe Houchois raised his price target on Tesla stock to $300 from $195 but kept his Hold rating on shares...
Continue ReadingTesla shares touched $212 just twenty days ago. Click here to find out why we expect TSLA stock to achieve $410 within the next 30 to 120 days...
Continue ReadingMorningstar technology analyst William Kerwin joins Morning Brief to discuss the potential impact of the Trump administration on Big Tech companies. While Kerwin notes that "a lot remains to be seen," he is focused on how Trump's trade policies could affect companies like Apple (AAPL) that have a presence in China. Kerwin believes these companies may seek to diversify their trade relationships to regions like India or Southeast Asia, stating "it will be a trend across the sector." However, he cautions that high China exposure does not necessarily equate to high investment risk, saying, "You really have to unpack what's in that exposure." Regarding regulatory impacts, Kerwin thinks "there could still be some antitrust [action] against the largest of tech companies." But he also expects "M&A deals at the rung just below those largest of largest tech companies can start to pick up again over the next four years." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...
Continue ReadingTesla's Sixth Cybertruck Recall in 2024 Targets Faulty Power Inverter...
Continue ReadingFor the quarter, the fund gained 5.38%, lagging the 5.89% advance of the benchmark S&P 500 index. Click to read...
Continue ReadingLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility.....
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