OPEC+ Meeting, ADP, Twitter Saga - What's Moving Markets
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StreetInsider.com Top Tickers, 10/5/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
Guggenheim Remains Sidelined on Tesla (TSLA) Following Weak 3Q Volumes
October 7, 2022 11:36 AM EDTGuggenheim reiterated a Neutral rating on Tesla (NASDAQ: TSLA) after the electric vehicle company reported weaker than expected 3Q volume. Analyst, Ali Faghri further examined the automakers potential demand issues in China, and whether those issues could spill over into the US and European markets.
Teslas wait times in China have rapidly declined in recent months, going from 20+ weeks at the peak this summer to 1 to 4 weeks more recently. While Guggenheim thinks ramping supply out of TSLA's Shanghai factory explains part of the wait time normalization, Faghri believes that... More
Morgan Stanley on NY’s Electric Vehicle Goals: 'Something Has to Give'
October 7, 2022 7:59 AM EDTThe state of New York has announced that, similar to California, all new vehicles sold in the state will be battery electric vehicles by 2035. The plan is aimed at reducing greenhouse gas emissions and represents a key step in achieving NY's target of reducing emissions 85% by 2050. Morgan Stanley, after examining the current state of battery supply chains and EV prices, believes this goal will be difficult to achieve.
As part of the plan, NY is making additional grants and subsidies available to both... More
Pepsi (PEP) to Receive First Tesla (TSLA) Semi Trucks in December
October 7, 2022 7:36 AM EDTTesla (NASDAQ: TSLA) CEO, Elon Musk announced Thursday on Twitter (NYSE: TWTR) that the company is starting Semi electric commercial truck production and PepsiCo Inc (NASDAQ: PEP) will get the first deliveries... More
Bernstein's Impression of Tesla's (TSLA) Optimus Robot: 'Why Humanoid?'
October 6, 2022 7:25 AM EDTTesla Inc (NASDAQ: TSLA) featured their newest Optimus prototype at the companys AI day on September 30th. Two models were shown of the humanoid robot, a walking prototype Bumble-C for internal development, and a near-production version, which is intended for commercial release in the future.
Bernstein analyst Jay Huang gave his first impression of the Optimus in a note, writing, Optimus... More
Mizuho Cuts Price Target on Tesla (TSLA)
October 6, 2022 7:05 AM EDTMizuho Securities reiterated a Buy rating on Tesla (NASDAQ: TSLA) and lowered the price target to $370.00 (from 391.67) following the release of the electric vehicle companys September delivery numbers.
Teslas deliveries were 42% to 343.8k units compared to the same time last year. However, the company... More
