Tesla, Carnival, AMC Entertainment rise premarket; Southwest falls
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Southwest Airlines likely to generate a small profit in Q4 —Raymond James
December 29, 2022 2:16 PM ESTRaymond James analyst Savanthi Syth said in a note to clients Thursday that, unsurprisingly, the recent weather impact on flights and Southwest Airlines (NYSE: LUV) operations means the carrier will feel the greatest impact on its earnings compared to others.
"For... More
EV Santa Claus rally muted in China as subsidies expire
December 29, 2022 9:38 AM ESTChinas new electric vehicle penetration was largely muted in December despite several auto brands announcing promotional campaigns and a decent sales recovery for passenger vehicles following the easing of quarantine/mobility restrictions and testing requirements. J.P. Morgan analyst Rebecca Wen noted that the usual peak season rally is not happening for the year despite this being the last year of Chinas long-running NEV subsidy program.
Wen... More
Tesla (TSLA) PT Lowered to $250 at Morgan Stanley, 'De-Rating Creates Opportunity'
December 28, 2022 4:13 PM ESTMorgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $250.00 (from $330.00) while maintaining a Overweight rating.
The analyst comments "We believe2023 is shaping up to be a 'reset' year for the EV market where the last2years of demand exceeding supply will be substantially inverted to supply exceeding demand. Within this... More
Volkswagen to reveal new EV at CES 2023
December 28, 2022 12:57 PM ESTVolkswagen is preparing to unveil its newest electric vehicle at CES 2023 on January 3rd. Volkswagen didnt provide a lot of details, but the company said that the vehicle will still be camouflaged, revealing only its shape and size.
In addition to revealing a camouflaged version of the all-new... More
Tesla (TSLA) Erases 6% Gain, Now Down 0.3%
December 28, 2022 11:00 AM ESTTesla (NASDAQ: TSLA) Erases 6% Gain, Now Down 0.3%
Tesla (TSLA) continues to dominate trading in tech, shares up 6% on massive volume
December 28, 2022 9:31 AM EST(Updated - December 28, 2022 9:42 AM EST)
(Updated - December 28, 2022 9:33 AM EST)
Tesla (NASDAQ: TSLA) Erases Gain on Market Open, Down Slightly
Update:
shares are back up 2% after briefly going negativecontinues to dominate trading in tech, shares up 6% on massive volume... More