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Tesla FSD Test Drive Terrifies Analyst's Son: 'Third Time Not The Charm'
Wednesday, August 14, 2024 - 11:55am | 604A Tesla Inc (NASDAQ:TSLA) analyst continues to put CEO Elon Musk's call for investors to test FSD to the test and shares how a third test of the technology performed and what it could mean for the future of autonomous vehicles. The Tesla Analyst: Truist analyst William Stein maintained a Hold...
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FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan
Wednesday, August 14, 2024 - 11:30am | 1100A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...
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Rivian Stock 'Powering Through Some Speed Bumps': Analysts Highlight Volkswagen JV, Amazon Partnership, R2 Launch After Q2 Earnings
Wednesday, August 7, 2024 - 11:47am | 912Electric vehicle company Rivian Automotive (NASDAQ:RIVN) draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results. The Rivian Analysts: Needham analyst Chris Pierce reiterated a Buy rating and lowered the price target...
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Meta Platforms 'In Rarified Air' With Scale, Growth, Profitability: 12 Analysts Size Up Q2 Results, How 'Zuck Won AI Bingo Before The Game Started'
Thursday, August 1, 2024 - 1:36pm | 1364Meta Platforms Inc (NASDAQ:META) gets higher price targets from analysts on the strength of its artificial intelligence initiatives, though with some concerns about higher spending, after reporting second-quarter financial results that beat estimates. The Meta Platforms Analysts: KeyBanc analyst...
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Microsoft Stock Slide From Azure Weakness Brushed Off By Analysts: 'Azure Has Solid Pipeline, AI Has Long Runaway Ahead'
Wednesday, July 31, 2024 - 1:08pm | 1303The performance of Microsoft Corporation's (NASDAQ:MSFT) Azure cloud segment and future artificial intelligence initiatives are keys to the stock for analysts after fourth-quarter financial results. While Azure and AI got the headlines, one analyst was surprised by the lack of color on the impact...
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Tesla FSD 'Stunningly Good, But Not Useful Today': Analyst Questions Self-Driving Efforts After Near Crash, Funeral Procession Failure
Monday, July 29, 2024 - 4:37pm | 573A Tesla Inc (NASDAQ:TSLA) stock analyst is putting pressure on the company's ability to solve autonomous driving after nearly crashing while experiencing full self-driving first hand. The Tesla Analyst: Truist analyst William Stein reiterated a Hold rating on Tesla and a price target of $215...
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Tesla Energy Draws Attention, Praise From Analysts, With Potential AI Boom: 'Gaining Market Share Or The Entire Market Is Growing Dramatically In 2024'
Wednesday, July 3, 2024 - 2:16pm | 948Tesla Inc (NASDAQ:TSLA) shares have soared since the company beat second-quarter delivery estimates from analysts. Here's a look at what analysts are saying about deliveries, as well as shares up 35% over the last month. The Tesla Analysts: Guggenheim analyst Ronald Jewsikow had a Sell rating and...
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As Nvidia And Other Tech Stocks Soar, Expert Downgrades Sector Amid Overvaluation Concerns
Monday, July 1, 2024 - 10:34am | 753The tech sector, a major driver of the stock market’s recent gains, has been downgraded by Truist’s Chief Strategist and CIO, Keith Lerner. This move comes amid concerns of overvaluation and a subsequent recommendation to invest in alternative sectors. What Happened: Lerner recently...
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Volkswagen's Rivian Investment 'De-Risks' Future Growth Plans But 'Funding Isn't Free': 7 Analysts Size Up JV News Against 'Challenging Backdrop For EVs'
Wednesday, June 26, 2024 - 11:55am | 1151Shares of Rivian Automotive (NASDAQ:RIVN) are trading higher Wednesday on the heels of an announced $5-billion investment by Volkswagen AG (OTC:VWAGY). Analysts are evaluating the new investment and previewing Rivian's investor day, which is set for Thursday. The Rivian Analysts: Truist analyst...
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Costco 'Firing On All Cylinders': 6 Analysts Size Up Q3, Catalysts Of 'Membership Fee Hike And Stock Split'
Friday, May 31, 2024 - 1:54pm | 821Retailer Costco Wholesale Corporation (NASDAQ:COST) reported third-quarter revenue and earnings per share that beat estimates from analysts. Analysts are weighing in with their reactions to the earnings report and what's next for the retailer. The Costco Analysts: BMO analyst Kelly Bania has an...
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NVIDIA 'Marching Toward A Three-Trillion Market Cap': 11 Analysts Size Up Q1 Results As AI Leader 'Shows No Sign Of Slowing Down'
Thursday, May 23, 2024 - 3:12pm | 1251Semiconductor giant NVIDIA Corporation (NASDAQ:NVDA) reported first-quarter financial results after market close Wednesday. Analysts size up the results and the future of the company. The NVDA Analysts: Bank of America analyst Vivek Arya had a Buy rating and raised the price target from $1,100 to $...
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DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative
Friday, May 3, 2024 - 2:55pm | 771Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter revenue and earnings per share that beat analysts' estimates. Analysts share their reaction to the report and DraftKings' raised full-year guidance: Truist analyst Barry Jonas has a Buy rating and $55 price target. Bank of...
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AMD Falls On Q1 Earnings, Q2 Guidance: Why '1,000% Growth' From AI Stock Is Not Enough For Investors
Wednesday, May 1, 2024 - 12:39pm | 1147Semiconductor giant Advanced Micro Devices (NASDAQ:AMD) reported first-quarter revenue and earnings Tuesday that beat analyst estimates. Here is how Wall Street analysts are reacting to the results and updated guidance. The AMD Analysts: Cantor Fitzgerlad analyst C.J. Muse has an Overweight...
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Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Friday, April 26, 2024 - 12:29pm | 1408Technology giant Microsoft Corporation (NASDAQ:MSFT) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan...
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8 Tesla Analysts Size Up Next-Gen Vehicles, FSD, AI And More: 'Potential To Be A Transformational Technology Company, Deliver Outsized Returns'
Wednesday, April 24, 2024 - 12:50pm | 1291Electric vehicle leader Tesla Inc (NASDAQ:TSLA) reported first-quarter revenue and earnings per share that missed Street consensus estimates. Here's a look at what analysts are saying after the report and for the future of the company. The Tesla Analysts: Truist analyst William Stein has a...