New Street Research

On Sunday, Pierre Ferragu, an analyst at New Street Research, criticized Apple Inc.'s (NASDAQ:AAPL) research paper on Large Reasoning Models (LRMs), calling the company's approach to the AI revolution misguided.  What Happened: Ferragu shared his thoughts on X, formerly Twitter, stating, "...

On Tuesday, during Tesla Inc.'s (NASDAQ:TSLA) first-quarter earnings call, CEO Elon Musk predicted that car ownership will soon become obsolete. What Happened: Musk said that most people will no longer buy cars in the future, framing the shift as an inevitable change. He compared traditional...

New Street Research analyst Pierre Ferragu predicts 2025 will mark the beginning of a new artificial intelligence era, citing breakthrough developments in Tesla Inc.‘s (NASDAQ:TSLA) Full Self-Driving technology and OpenAI’s latest O3 model. What Happened: In a detailed research note,...

New Street Research analyst Pierre Ferragu has expressed support for Tesla Inc. CEO Elon Musk‘s upcoming role in the newly announced Department of Government Efficiency while acknowledging the challenges ahead in reforming federal operations. What Happened: “Will be fascinating to see...

A prominent Wall Street analyst has reported a milestone for Tesla Inc.’s (NASDAQ:TSLA) Full Self-Driving technology, completing an unassisted journey from Manhattan to Connecticut, marking a notable advancement in the company’s autonomous driving capabilities. What Happened: Pierre...

A leading Wall Street analyst has unveiled a comprehensive analysis of Tesla Inc.‘s (NASDAQ:TSLA) potential in the robotaxi market, presenting five distinct scenarios that could shape the electric vehicle maker’s future valuation. What Happened: Pierre Ferragu, lead analyst at New...

Nvidia Corp. (NASDAQ:NVDA) has received a rare downgrade from New Street Research, with the analyst citing concerns about the stock’s overvaluation. What Happened: New Street Research analyst Pierre Ferragu downgraded Nvidia’s stock from buy to neutral, citing that the stock is "getting...

Shares of Advances Micro Devices, Inc. (NASDAQ:AMD) rallied strongly in premarket trading on Wednesday as they fell off the all-time closing high of $174.23 reached on Friday. The premarket strength is apparently in reaction a positive analyst action. Late Tuesday, New Street Research analyst...

Tesla, Inc.‘s (NASDAQ:TSLA) fundamentals have suffered this year amid the lukewarm demand outlook and the impact of successive price cuts on margins. An analyst on Tuesday outlined what the company needs to do to get its fundamentals back on track and taste continued success. What Happened...

Tesla, Inc.'s (NASDAQ:TSLA) longtime CFO Zachary Kirkhorn, who went by the official designation of “Master of Coin” announced Monday his decision to leave after a 13-year stint at the company. Boss Responds: Tesla CEO Elon Musk weighed in on the departure of one of his longstanding...

Tesla, Inc. (NASDAQ:TSLA) is scheduled to release its second-quarter results after the market closes on Wednesday. Ahead of the results, New Street Research analyst Pierre Ferragu commented on the company’s margins, which have become a concern due to the discounts the company offered during...

Most Tesla Inc. (NASDAQ: TSLA) bulls have lamented about a lack of a sub-$30,000 car in the electric vehicle maker’s product pipeline. Ahead of the company’s March 1 Investor Day, New Street Research analyst Pierre Ferragu shared his thoughts on a budget model. What Happened: The...

Analysts largely welcomed Tesla Inc.’s (NASDAQ: TSLA) decision to cut vehicle prices yet again in China. The company’s updated pricing on its China website showed the reductions range between 5.7% and 13.5%. Tesla’s Margins Resilient: Pierre Ferragu of New Street Research...

Apple Inc (NASDAQ: AAPL) shares were trading mostly flat on Friday and have underwhelmed so far in 2021 after a big run last year. On Friday, one analyst downgraded Apple and said the iPhone maker’s troubles have just begun. The Apple Analyst: New Street Research analyst Pierre Ferragu...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is the world's richest person with a net worth of around $209 billion and he certainly earned the prestigious title, New Street Research's Pierre Ferragu said in a Fox Business interview. 1. Changing The World: Musk is at the forefront of transitioning...