Midday movers: Broadcom, Tesla rise; MicroStrategy falls
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- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Tesla acquires AI hardware company for up to $2 billion in stock
Deutsche Bank Reiterates Buy Rating on GE Aerospace (GE)
June 17, 2024 6:16 AM EDTDeutsche Bank analyst Scott Deuschle reiterated a Buy rating and $209.00 price target on GE Aerospace (NYSE: GE)
The analyst comments "We are raising our 2Q EBIT/EPS estimates by 2%/3%, respectively, and lowering our 2Q revenue forecast by 3%. Our lower 2Q revenue forecast... More
Morgan Stanley on Tesla (TSLA): 'He’s back'
June 14, 2024 6:49 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Hes back. Tesla investors can now expect Elon Musk to remain CEO of the company. We expect he will be present on the 2Q conference call and that Tesla will go forward with hosting a robotaxi event in Austin on... More
Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote
June 13, 2024 11:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "According to the WSJ, Tesla CEO Elon Musk posted on X that preliminary voting results indicate both major shareholder resolutions to ratify Musk's 2018 compensation package and reincorporate the company in Texas are "currently passing by... More
Broadcom Limited (AVGO) PT Raised to $1,900 at Deutsche Bank
June 13, 2024 10:56 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,900.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "AVGO delivered a solid top-line F2Q24 beat vs. DBe (~$12.5B vs. ~$11.7B), powered by another quarter of outperformance in AI (DBe +35% q/q with... More
