Tesla’s stock is downgraded, more for Elon Musk’s issues than ‘tough’ EV demand
Daiwa’s Jairam Nathan is worried about how governance concerns will aggravate difficult financial conditions.
Tech stocks vulnerable to sharp selloff as investors’ positioning becomes dangerously stretched, Citi warns
U.S. investors are so bullish on technology stocks that even a slight hiccup could send the tech-heavy Nasdaq-100 careening lower.
Spirit AeroSystems reports a surprise profit but won’t provide guidance
The aircraft-components maker reported a surprise fourth-quarter profit, but said it would not provide financial guidance until the timing of Boeing 737 Max production rate...
Optimism and Aptos Holders Take Notice of NuggetRush’s Promising Presale Figures
TLDR The recent market-wide correction has taken a chunk of Optimism’s (OP) December gains. Aptos (APT) has announced partnerships with high-quality data providers. NuggetRush (NUGX)...
Lear’s stock falls, as auto-parts maker reports an earnings miss
Lear Corp. reported increased net income and sales over the same quarter last year, but some numbers fell short of analysts’ expectations.
Hertz’s stock heads for record low after car rental company’s loss was wider than expected
Hertz Global Holdings Inc.’s stock tumbled 7% early Tuesday to put it on track for its lowest close since emerging from bankruptcy in July of...
Plug Power’s stock loses a bull with company seen in ‘triage’ mode
Plug Power shares have been subject to volatile swings in recent months, and now a Seaport Research analyst is recommending a neutral stance.
Eli Lilly’s stock leaps toward a record as a 16% jump in prices boosted profit
U.S. prices for Lilly’s drugs climbed 27%, driven by diabetes treatment Mounjaro, while prices outside the U.S. fell.
Morgan Stanley’s five reasons why European stocks will prove pessimists wrong in 2024
When Morgan Stanley’s European equity analyst team said they saw 9% upside for the MSCI Europe index in 2024, many of their clients were having...