Rivian Rally Loses Steam: What’s Going On With The EV Stock?
The decline appears to stem from profit-taking activities following a nearly 7% climb in the week ending Feb. 9.
Nasdaq, S&P Futures Flatline As Key Inflation Data, More Earnings Lie In Store This Week: Analyst Flags ‘Some Caution’ On Overvaluations
U.S. stock futures once again displayed indecision on Monday, echoing recent sessions and reflecting market uncertainties. With no major earnings reports expected in the morning, attention is likely to turn to Federal Reserve officials’ speeches scheduled for the day and the New York Fed’s January consumer expectations reading.
Tesla Bull Slams ‘Short-Term Thinking’ As EV Maker Holds Back From Super Bowl Ads Again: ‘Follow-Up Interest…Would Be Huge’
Gary Black of Future Fund pointed out that a 30-second Super Bowl ad slot costs $7 million, and to justify this expense, Tesla would need to sell 875 additional cars, assuming a gross profit of $8,000 per car.
Tesla Used Car Values Sink 50% From Mid-2022 Peak: What It Means For EV Giant, Users
Data from automotive research and shopping website CarGurus showed that used Tesla car prices dropped to $33,913 on Feb. 10, marking a decrease of approximately 30% year-over-year
El-Erian Thinks Biden’s Economic Woes Could Be Self-Inflicted As Trump Gains Ground In Voter Confidence
On the communication front, Biden and his team have touted the progress made on the economic front, but this has not resonated with the American public.
Apple’s ‘Super Bowl Moment?’ Analyst Sees $5B Annual Run-rate From This Opportunity That Will Likely Lead To Growth ‘Renaissance’
Despite Apple's cautious guidance, an analyst remains optimistic about the iPhone's prospects, believing it will outperform bearish expectations.
Super Bowl As Stock Market Predictor? As 49ers Go Up Against Chiefs, Investment Firm Weighs On Potential Implication For Market
One firm weighed on the impact of a Super Bowl victory for either the Kansas City Chiefs or the San Francisco 49ers on the market.
‘Puzzling,’ Says Analyst As Microsoft’s Valuation Double That Of Energy Companies Despite Generating Half Their Cash Flow
Microsoft's AI leverage has led to a surge in its stock, and analysts have begun debating about the sustainability of the upside.
Tesla Model Y Price Cut Alert: EV Giant Temporarily Trims Prices Of Its Bestseller, Reportedly Quashes Refresh Rumors
Tesla continues to bet on price reductions to boost sales, even though the strategy has proven to be ineffective.
Tesla Layoff Rumors, Rivian Drops Entry-level Pricing, Lucid’s Unusual Partnership And More: Biggest EV Stories Of The Week
Tesla stock recovered after pulling back early in the week, even as analysts remain concerned about the company's near-term outlook.