ESG fund managers, who previously benefited from Nvidia Corp (NVDA), are worried that there might be a bubble in the company’s stock. Bloomberg reports a […]
Category: Stock In News
Tesla Withdraws from Australian Auto Lobby Amid Fuel Efficiency Standards Dispute
Tesla made an announcement on Thursday, stating its decision to withdraw from Australia’s major auto lobby, the Federal Chamber of Automotive Industries (FCAI), and to […]
Tesla Factory in Berlin Evacuated After Arson Attack on Energy Infrastructure Causes Power Outages in Surrounding Areas
Tesla’s stock is expected to face more declines amid ongoing challenges, including negative news and the broader weakness in tech stocks. The recent production halt […]
Apple Hit with 1.8 Billion Euro EU Antitrust Fine: Record Penalty for App Store Policies
On Monday, Apple faced an EU antitrust fine exceeding 1.8 billion euros ($1.95 billion), marking its inaugural penalty of this nature. The fine stemmed from […]
NYCB and the CRE Crunch: Risks Across 10 Banks as BTFB Program Nears End Amidst Commercial Real Estate Turmoil
AI stocks continue their meteoric rise, contributing trillions in value, while regional bank stocks face a stark contrast, experiencing a casual collapse. New York Community […]
Argus Research Initiates Super Micro $SMCI Coverage with Bullish Outlook: $1350 Price Target and Strong Buy Endorsement
Argus Research has initiated coverage on Super Micro $SMCI with a bullish stance, setting a Street-high price target of $1350 and endorsing a buy rating. […]
U.S. States Unite Against Social Media Scams: Urging Meta to Counter Surge in Account Takeovers on Facebook and Instagram
A coalition comprising 41 states, with New York Attorney General Letitia James at the forefront, is calling on Meta Platforms to address the escalating problem […]
JPMorgan Warns of Prolonged Headwinds for Apple in Chinese Market Amidst Accelerating iPhone Sales Decline: Analyst Insights
In the initial six weeks of 2024, Apple ($AAPL) witnessed a substantial 24% decline in iPhone sales in China, causing the tech giant to slip […]
Worries Mount as Warren Buffett’s Berkshire Hathaway Sells 10 Million Apple Shares, Sparking Concerns for Tech Giant’s Future
Berkshire Hathaway, led by Warren Buffett, reportedly offloaded 10 million Apple Inc. shares in Q4, sparking investor concerns amid AAPL’s 11.6% YTD decline. In contrast, […]
BMW Targets Tesla, Ford, and Lucid Owners with $1,000 EV Switch Incentive
BMW introduced an incentive for prospective electric vehicle (EV) buyers, specifically targeting those considering a switch from a Tesla or certain other EV brands. This […]
Strategic Insights: BofA’s Perspective on Sustained Overbought Conditions and S&P 500 Performance in 2024
BofA strategists emphasized that maintaining an overbought status is crucial for a robust performance in 2024. They stated, “A sustained overbought condition above -20 on […]
Palantir’s $178M Army Contract: Advancing TITAN Ground Station Systems with AI/ML Capabilities and Unveiling New Collaborations at AIPCon
Palantir, has successfully secured a substantial $178 million contract with the Army for the development of AI/ML-enabled TITAN ground station systems, bolstering deep-sensing capabilities. Furthermore, […]