S&P 500 slips in volatile trade as surging yields bite
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October 4, 2023 2:05 PM EDT
U.S. District Judge William Orrick, on Wednesday ruled against ordering a third trial in a race discrimination lawsuit filed against Tesla (NASDAQ: TSLA).
The decision came in response to allegations made by a former Black factory worker, who claimed that the... More
October 4, 2023 10:12 AM EDT
Coinbase's (NASDAQ: COIN) 3Q "is likely to be sealed with a miss," according to Mizuho analyst Dan Dolev.
In a note to clients Wednesday, Dolev maintained an Underperform rating and $27 price target on the stock, stating they expect "dwindling volumes (i.e. $28bn in July, $24bn in August, and $20bn in... More
October 4, 2023 9:39 AM EDT
China raised concerns on Wednesday about the very limited time it was given by the European Union for talks regarding the EU's investigation into subsidies for electric vehicles.
These comments came as the European Commission officially started looking into whether to impose tariffs to shield EU manufacturers from a flood of cheaper Chinese electric vehicles that are believed to benefit from state subsidies.
The... More
October 3, 2023 3:23 PM EDT
Tesla's (NASDAQ: TSLA) underwhelming third-quarter delivery figures have opened a door for its nearest competitor, BYD, the Chinese electric vehicle juggernaut backed by Warren Buffett's Berkshire Hathaway, to potentially claim the top spot in the electric car market rankings.
Last quarter, Tesla managed to sell... More
October 3, 2023 10:27 AM EDT
Tesla Inc. (NASDAQ: TSLA) has reintroduced the rear-wheel-drive version of its Model Y crossover in the United States, following a third-quarter delivery report that didn't meet Wall Street's projections.
The Model Y, introduced for deliveries in March 2020, remains the top-selling model for the... More
October 3, 2023 8:45 AM EDT
The NVIDIA (NASDAQ: NVDA) price target was raised to $750 from $670 at KeyBanc Capital in a note Tuesday, with analyst John Vinh maintaining an Overweight rating on the stock.
Vinh told investors in the note covering semiconductor stocks that their quarterly supply chain findings... More
