Nvidia (NASDAQ:NVDA) is set to resume sales of its H20 chips in China following a policy shift by the Trump administration. Still, analysts warn that the company may not regain its previous market dominance due to growing domestic competition and regulatory hurdles. In July, the Trump administration approved Nvidia’s request to sell its previously banned […]
Tesla’s European Woes Worsen as Sales Decline in Denmark, Sweden and France for 7th Month
Tesla Inc.‘s (NASDAQ:TSLA) sales fell for the seventh consecutive month in Denmark, Sweden and France as the EV giant’s woes show no signs of relief for Elon Musk. Check out the current price of TSLA stock here. What Happened: Swedish sales fell 86% YoY in July with 163 cars sold, while Denmark recorded a 52% […]
Bitcoin To Hit $150K By Year End, Says TeraHash: MSTR, MARA, RIOT, COIN And Other BTC-Linked Stocks Are Poised To Soar
Bitcoin (CRYPTO: BTC) is projected to reach an impressive $130,000-$150,000 by the close of 2025, according to a new analytical overview from TeraHash, signaling a potential surge for BTC-linked stocks. What Happened: This bullish forecast, underpinned by continued institutional inflows and a stable macroeconomic environment, suggests a significant upside for companies deeply integrated into the […]
Trump Tariff Worries Drive Middle-Income Americans To Rush Car Buys: Report
As the uncertainty surrounding Trump tariffs and other policy changes in Washington continues, middle-income Americans are accelerating their car-buying plans, a new survey reveals. What Happened: A new survey by Santander Holdings USA shows that the majority of middle-income Americans are concerned about rising car prices and the impact of future price uncertainty. Despite these worries, three-quarters […]
Why Are Public Companies Amassing ETH, XRP, SOL, BNB Instead Of Just Bitcoin?
Publicly traded companies are increasingly integrating cryptocurrencies other than Bitcoin (CRYPTO: BTC), into their treasuries, with significant investments announced in Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), Binance Coin (CRYPTO: BNB) and other tokens this year. What Happened: This trend, driven by firms across biotech, fintech, and Web3 sectors, reflects a strategic pivot […]
Otis Worldwide Stock Slides On Q2 Earnings As New Equipment Orders Decline
Otis Worldwide Corp (NYSE:OTIS) shares are trading lower Wednesday after the company reported financial results for the second quarter. Here’s a rundown of the report. Q2 Earnings: Otis reported second-quarter revenue of $3.60 billion, missing analyst estimates of $3.71 billion, according to Benzinga Pro. The elevator and escalator supplier reported second-quarter adjusted earnings of $1.05, […]
This Keysight Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Morgan Stanley analyst Brian Nowak upgraded the rating for Pinterest, Inc. (NYSE:PINS) from Equal-Weight to Overweight and raised the price target from $37 to […]
This Chipotle Analyst Turns Bullish; Here Are Top 4 Upgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Keybanc analyst Philip Gibbs upgraded Materion Corporation (NYSE:MTRN) from Sector Weight to Overweight and announced a $112 price target. Materion shares closed at $88.63 […]
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Elon Musk Reacts After EV Enthusiasts Take Cybertruck Driving From Florida To Arctic Ocean: ‘Cool’
September 4, 2024
Four Tesla Inc enthusiasts made it to the Arctic Ocean in their Cybertrucks on Tuesday from Florida to much applause from the company and its billionaire CEO Elon Musk. What Happened: Justin Demaree, Rafael Santoni, Nancy, and Gary Mark on Tuesday made it to the Arctic Ocean in two Cybertrucks covering 5500 miles on the […]
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