China EV stocks sink on reports of US tariffs
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- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- Fed’s Warsh says central bank won’t tolerate high inflation
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- IBM misses Q2 targets as mainframe and software sales disappoint
- Verizon planning new round of layoffs this week - Barron’s
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- Lucid Group shares quickly cut in half on report of potential bankruptcy
- HSBC Downgrades IBM (IBM) to Reduce, 'Stretched Valuation'
BofA Securities Reiterates Buy Rating on Li Auto (LI)
May 14, 2024 8:18 AM EDTBofA Securities analyst Ming Hsun Lee reiterated a Buy rating and $41.00 price target on Li Auto (NASDAQ: LI)
The analyst comments "Unfavorable mix change and price cut in 2Q to drag GPM We now see 2Q24 sales volume at 106k units, down from 110k... More
Potential approval for Tesla's FSD in China 'comes with a host of unknowns'
May 10, 2024 7:31 AM EDTAnalysts at Barclays believe the approval of Tesla's (NASDAQ: TSLA) Full-Self Driving (FSD) in China is an opportunity for the company but it "comes with a host of unknowns."
The bank notes that autonomy is now at the forefront of the Tesla... More
