Tesla Catches an Upgrade. It’s an AI Stock.

- Bloomberg
Tesla to Surge Thanks to Dojo Supercomputer, Morgan Stanley Says
(Bloomberg) — Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesThe Mighty American Cons
41m ago
Investor’s Business Daily
Dow Jones Futures Rise For Ailing Market Rally; Tesla Stock Gets Huge Price Target Hike
Here’s how to handle the battered market rally. The Apple iPhone 15 looms with earnings from AI giants Adobe and Oracle. Tesla stock got a big price target hike
3h ago
- Investor’s Business Daily
Tesla Vs. BYD 2023: EV Giants Both Hitting Key Resistance
Tesla fell back from key resistance amid a Model 3 upgrade and big new price cuts. BYD reported booming sales after strong earnings.
5h ago
- Business Insider
Bill Ackman’s first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank
Bill Ackman bought Wells Fargo stock while at business school as it seemed oversold, and Warren Buffett was a big shareholder of the bank at the time.
Advertisement - Barrons.com
6 Inexpensive Consumer Stocks With Strong Profit Growth
Analysts are raising their forecasts for earnings of companies whose products people buy when they have money left over after buying essentials.
1d ago
- Reuters
UPDATE 2-Instacart to target valuation of up to $9.3 bln in IPO -source
Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter. Instacart declined to comment. The Wall Street Journal was the first to report on Sunday on Instacart’s IPO valuation target.
- FX Empire
Eli Lilly: Unusual Demand is Sending the Stock Higher
Eli Lilly and Co. (LLY) shares have soared, rallying 60% in 2023. Heavy unusual demand for the stock is powering this uptrend.
2d ago
- Bankrate
Should I buy a house now, or wait?
Buy now, or wait? It’s a question many aspiring homeowners are struggling with.
1d ago
- Reuters
Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO
HONG KONG (Reuters) -Alibaba’s stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit just two months after concentrating his focus on cloud computing, raising concern over the unit’s spin-off plan and possibility of discord at the top. New group CEO Eddie Wu will concurrently become acting CEO and chairman of a unit grappling with weak sales growth ahead of an initial public offering (IPO) penned for next year. “We think this latest change was not planned back in June and there are concerns of disagreements among Alibaba’s partners.”
6h ago
- TipRanks
Billionaire Howard Marks Is Holding These 2 Dividend Stocks for Income Growth — Including One With 11% Yield
With the Federal Reserve having raised short-term fed fund rates 11 times over the past 18 months, bringing them to a range between 5.25% and 5.5% – their highest levels in 22 years – these aggressive actions are yielding results. Inflation has continued to cool down throughout this year, with the annual growth of the consumer price index falling to 3% in June, marking its lowest point since March 2021. However, despite these positive outcomes, billionaire investor Howard Marks is sounding a war
9h ago
- Business Insider
Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman’s new memoir
Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could “deliver Nebraska” if the veteran investor ran for president.
2d ago
- The Wall Street Journal
The Brash Strategy That Made Vivek Ramaswamy a Fortune
GOP presidential hopeful brought the same swagger to his business career as he has to his Republican primary campaign.
2d ago
- Forkast News
Bitcoin starts week below US$26,000; Ether dips after hack on Vitalik Buterin’s X account; more rate hike worries on Wall Street
There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.
6h ago
- Barrons.com
Apple Stock, Adobe, Oracle, Moderna, Lennar, Inflation Data, and More to Watch This Week
The Consumer Price Index is expected to be up 3.6%. Results from Oracle, Adobe, and Lennar. And a policy decision from the European Central Bank.
- TechCrunch
Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses
In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money. First, it incentivized investors to fund promising (and, in many cases, not so promising) young tech companies. Over the past decade, a dizzying array of challenger banks, e-money services, digital wallets, and more have managed to claw market share away from the legacy incumbents.
2d ago
- Reuters
Exclusive-SoftBank’s Arm eyes pricing IPO at top of range or above-sources
NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday. Following strong demand from investors, Arm will likely be able to price the IPO at the top or above its $47-to-$51-per-share range when its underwriters close their books on Wednesday on the biggest U.S. stock market debut in two years, the sources said.
- The Wall Street Journal
Trump’s Truth Social Challenge Now Is to Get a Deal Done
Trump’s return to mainstream social-media platforms Facebook and X has erased a key strength of the smaller platform popular with conservatives.
- The Wall Street Journal
J.M. Smucker Nears Deal to Buy Hostess
Twinkies owner Hostess Brands is closing in on a sale to J.M. Smucker a move that would marry the two big names in snacks. Smucker prevailed in a heated competition with General Mills parent of Cheerios and Betty Crocker. Two investment firms bought the company out of liquidation a decade ago, returning Twinkies to store shelves after an eight-month absence.
6h ago