Tesla (TSLA) earnings are due out tomorrow — Tuesday, July 23 — as the EV maker seeks to unveil its own robotaxi this October and rollout humanoid robots in its factories in 2025. Roth MKM senior research analyst Craig Irwin has a Neutral rating on Tesla stock with a price target of $85 per share, … Read more
LPL Financial chief global strategist Quincy Krosby joins Catalysts to break down the state of the sector as the second quarter earnings season is underway. “The fact of the matter is, we’re in a period, in terms of seasonality, it’s pretty dicey. Going into August it tends to be difficult. September could be difficult, particularly … Read more
With President Biden dropping from the race, Vice President Kamala Harris is seen as the frontrunner to be the Democratic nominee. It brings up questions about what her policies and stances will be on everything from crime to the economy. If she does win the nomination, she’s going to face a tough race with former … Read more
Nvidia (NVDA) shares are rallying in Monday’s trading session following a price target upgrade from Piper Sandler. The capital firm raised its target for the chipmaker to $140 from $120, maintaining an Overweight rating and citing “extremely strong” demand for the firm’s products. Similarly, Apple (AAPL) received a boost from Wells Fargo analysts, who raised … Read more
The trading landscape may be poised to change once more as President Biden stunned the world by saying he won’t seek re-election. The shift may cause Wall Street to reassess its view over the upcoming election as the chances for a potential second term from former President Donald Trump may be reduced against other candidates. … Read more
The buzz around AI has been palpable on Wall Street with much focus on its performance as tech giants like Nvidia (NVDA) led a rally with massive gains. Although much excitement for the sector still exists, there are are some who are skeptical of its performance. A note from Guggenheim securities detailed data that showed … Read more
Car assurance prices have surged by over 19% year-over-year, according to the Bureau of Labor Statistics, putting additional financial pressure on drivers. To help navigate this landscape, Bankrate Analyst Shannon Martin joins Wealth! to share advice on how to shop for car assurance and save money. Martin identifies several factors contributing to the rise in … Read more
Luxury watch prices in the secondary industry are tumbling, marking the accessory’s ninth consecutive quarter of price declines, according to Morgan Stanley. This trend is affecting brands high-end like Rolex and other Swiss brands as the introduction of new models in the primary industry is contributing to these price drops. Yahoo financial senior reporter Pras … Read more
SMART Global Holdings (SGH), known for designing, building, and managing AI infrastructure systems, announced it secured a $200 million capital from SK Telecom (SKM) and that it will be changing its name to Penguin offerings, its biggest brand. SMART Global Holdings chief executive officer Mark Adams joins industry Domination Overtime to discuss the new $200 … Read more
Small cap shares (^RUT) have seen a resurgence in recent sessions as investors seem to begin to rotate out of Big Tech. Villere & Co. investment mix manager Sandy Villere joins industry Domination to talk about how investors can play small cap shares as the industry begins to rotate out of the tech trade. Villere … Read more