Tesla $TSLA has received preliminary approval from Beijing to introduce its Full Self-Driving (FSD) software in China through a partnership with Baidu $BIDU. The collaboration […]
Category: Brokerage Reports
Global Withdrawal: AstraZeneca Halts Oxford-AstraZeneca Covid Vaccine Amid Rare Side Effect Admittance
The Oxford-AstraZeneca Covid vaccine is being globally withdrawn due to the pharmaceutical company’s acknowledgment in court documents of a rare and dangerous side effect. In […]
TikTok’s ByteDance Challenges U.S. Government in Lawsuit Over Sale or Ban Mandate
TikTok’s parent company, ByteDance, has filed a lawsuit against the U.S. government over a law mandating the sale or potential ban of the popular social […]
SEC Issues Wells Notice to Robinhood Over Crypto Operations
Robinhood $HOOD has recently received a “Wells Notice” from the U.S. Securities and Exchange Commission (SEC), citing alleged violations of Sections 15(a) and 17A of […]
Tesla Sues Indian Battery Maker Over Trademark Infringement: Full Details and Legal Battle Unfold
Tesla, the carmaker founded by Elon Musk, has taken legal action against an Indian battery manufacturer for allegedly infringing on its trademark. The Indian company […]
Decoding Tesla’s Strategic Evolution: Insights from Morgan Stanley
Morgan Stanley’s thoughts on Tesla’s evolving strategy: EV Market Dynamics: According to Morgan Stanley, the electric vehicle industry is heading into what they term a […]
Moderna Q1’24 Earnings Report: Key Figures and Updates
Moderna Q1’24 Earnings Report: Key Figures and Updates Financial Performance: – Total Revenue for Q1’24 stood at $167 million, surpassing estimates of $99.6 million, indicating […]
Stellantis Expands Engineering Team in Brazil and India to Counter Cost Pressures
Stellantis, in response to competition from lower-cost Chinese electric vehicles and reduced demand, is strategically recruiting engineers in Brazil and India. The company aims to […]
Federal Reserve Holds Interest Rates Steady at 5.50% and Plans to Slow Balance-Sheet Reduction
The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with the previous rate. Market expectations […]
Tesla Shifts Away from One-Piece Gigacasting: Cost-Cutting Measures Amidst Self-Driving Focus
Tesla has decided against pursuing its plan for one-piece gigacasting, choosing instead to maintain its current method of casting vehicle underbodies in three separate parts: […]
Amazon $AMZN Analysts Bullish: Target Price Upgrades and Ratings Summary
Analyst revisions and ratings for Amazon Citi increased their target from $235 to $245, maintaining a “Buy” rating. JPMorgan raised their target from $225 to […]
AMD’s Q1’24 Earnings Report and Strategic Outlook
AMD Q1’24 Earnings Highlights: – Earnings Performance: AMD’s Q1’24 earnings showed promising results, with an adjusted EPS of $0.62, slightly surpassing the estimated $0.61. Revenue […]