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Tesla Analyst Downgrades Stock, Cuts Price Target By About 20%: 'Hard To Get Comfortable With Near-Term Earnings'
Wednesday, April 26, 2023 - 8:15am | 444Tesla, Inc. (NASDAQ:TSLA) price cuts have alienated another long-time bull, who dropped his bullish stance and tempered his price target for the stock. The Tesla Analyst: Jefferies analyst Philippe Houchois downgraded Tesla stock from Buy to Hold and reduced the price target from $230 to $185. The...
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Tesla, Amazon, Meta: Crucial Trading Levels Priced In By Options Market For The Week
Monday, April 17, 2023 - 4:59am | 389Shares of mega-cap companies registered mixed performance last week with shares of Tesla Inc (NASDAQ:TSLA) and Amazon.com, Inc. (NASDAQ:AMZN) closing flat while Meta Platforms Inc (NASDAQ:META) stock recorded over 2% gains. As Tesla is scheduled to report its earnings this week, here's a look at...
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Why EV Stocks Tesla, Rivian, Lucid Are Sliding Premarket Today
Friday, April 14, 2023 - 6:48am | 304Shares of electric vehicle makers Lucid Group, Inc. (NASDAQ:LCID), Rivian Automotive Inc. (NASDAQ:RIVN) and Tesla, Inc. (NASDAQ:TSLA) were moving to the downside on Friday following the release of Lucid's first-quarter production and deliveries numbers. The Newark, California-based company...
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Tesla Bears Are Betting Stock Won't Be Able To Breach This Level By Friday
Monday, February 13, 2023 - 8:08am | 363Tesla Inc (NASDAQ:TSLA) shares witnessed significant volatility last week with the stock trading between $191.61 and $212.79 before settling down at $196.89. Last week, major Wall Street indices closed in the red as market participants weighed in mixed signals pertaining to inflation. Hawkish...
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Tesla Production Reports Lead To Carnage For Chinese EV Stocks As Hang Seng Tech Majors Hold It Together
Wednesday, December 28, 2022 - 12:12am | 723Hong Kong stocks opened mixed although the benchmark Hang Seng rose over 2% in morning trade as China has removed some of its COVID restrictions earlier than anticipated. Shares of Alibaba, Meituan and Tencent gained over 2% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba...
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Alibaba Stock Holds It Together But Nio And EV Peers Plunge Despite Upbeat China PMI Data
Thursday, September 29, 2022 - 11:45pm | 652Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally. Electric Vehicle stocks plunged with Xpeng, Li Auto and Nio falling over 4% in morning trade. Hong Kong Stocks Today Stock Movement Alibaba Group Holding Ltd. (NYSE: BABA...
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Could This Solar Company Get A Boost From Electric Vehicle Chargers?
Monday, August 8, 2022 - 7:06pm | 522One of the largest home solar companies is furthering its presence in the electric vehicle space with new Level 2 home chargers. Could the move help the company get a boost in the clean energy sector? What Happened: Perhaps buried in the news flow of recent quarterly earnings was a release that...
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Alibaba, Xpeng Lead Losers' Chart As Big Tech, EV Stocks Take A Hit In Hong Kong
Monday, July 18, 2022 - 11:36pm | 547Shares of major U.S.-listed firms on the Hong Kong stock exchange dropped on Tuesday as the Hang Seng index commenced the trading day in the red. The index was down over 1% on Tuesday morning. Stock Movement Alibaba -2.89% XPeng -6.32% NIO -1.65% Baidu -2.19% Tencent 0.42...
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Alibaba, Nio Go Up In Hong Kong As Quarantine-Free Travel Brightens Outlook: What You Need To Know
Tuesday, July 12, 2022 - 11:57pm | 612Shares of U.S.-listed Chinese companies traded mostly higher in Hong Kong on Wednesday, snapping a two-day losing streak. Major tech stocks like Alibaba Group Holdings (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), and JD.com Inc (NASDAQ: JD) gained around 0.46% to nearly 5%. At the same time, Tencent...
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Why Alibaba, Nio And Other Stocks Are Sliding In Hong Kong Today
Wednesday, May 25, 2022 - 12:01am | 699Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), and Tencent Holdings (OTC: TCEHY) in the red. Among electric vehicle makers, NIO Inc (...
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JD, Nio, Pinduoduo Among 80 Chinese Companies Identified By SEC For Potential Delisting: What Investors Should Know
Thursday, May 5, 2022 - 4:59am | 766The SEC continued to crack the regulatory whip on U.S.-listed Chinese companies for non-compliance with audit requirements necessitated by the "Holding Foreign Companies Accountable Act." What Happened: The SEC on Wednesday put out a provisional list of 80 Chinese companies, expanding...
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Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today
Friday, April 15, 2022 - 3:21am | 430Shares of US-listed Chinese companies – Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Nio Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV), and others — are not trading on Friday in Hong Kong. The Hong Kong market index Hang Seng and other financial markets in...
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Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today
Friday, March 25, 2022 - 1:35am | 617Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies. Stock Movement (+/-) Alibaba Group Holding Limited (NYSE: BABA) -4.1% Nio Inc. (NYSE: NIO) -3.9% Xpeng Inc. (NYSE:...
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Why Alibaba And Nio Are Seeing High Interest From Retail Investors Today
Tuesday, March 15, 2022 - 6:50am | 357Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) and electric vehicle maker Nio Inc. (NYSE: NIO) are seeing high interest on Reddit’s r/WallStreetBets forum as of early Tuesday. What Happened: Alibaba is seeing the third-highest interest on the forum with 205 mentions,...
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Tesla Rivals Xpeng, Li Auto Lead Gainers Chart As Hong Kong Tech Stocks Post Recovery
Friday, February 25, 2022 - 1:58am | 566Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Friday even as the benchmark Hang Seng Index drifted lower after a positive start. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV) +5.1% Li Auto Inc. (NASDAQ: LI) +3.9% Baidu Inc. (NASDAQ: BIDU) +2.3...