Pierre Ferragu

Tesla, Inc. (NASDAQ:TSLA) reported a second-quarter top-line beat while the earnings per share trailed expectations and the stock plunged sharply in the after-hours session, reacting to the mixed results and the management commentary on the earnings call. Most market watchers were quick to point...

Pierre Ferragu, an analyst at New Street Research and a known advocate of Tesla Inc., took a swipe at OpenAI’s ChatGPT. What Happened: On Wednesday, in a post on X, formerly Twitter, Ferragu criticized generative AI, such as ChatGPT, saying that they often feel as ineffective as a call center...

Wedbush analyst Dan Ives has strongly opposed a recent downgrade of Nvidia Corp. (NASDAQ:NVDA) by New Street Research, citing the AI revolution as a key factor. What Happened: Ives expressed his disagreement with the negative assessment of Nvidia’s future prospects in a post on X. He...

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...

On Monday, Apple Inc. (NASDAQ:AAPL) kicked off its WWDC 2024 event and unveiled its generative AI initiatives for the first time, introducing these advanced features to iPhones and iPads under the name “Apple Intelligence.” While former Tesla AI Chief Andrej Karpathy has expressed...

New Street Research analyst Pierre Ferragu has publicly expressed his support for Elon Musk-led xAI’s Grok, favoring it over rival platforms. What Happened: On Thursday, Ferragu took to X, formerly Twitter, and shared a collage of screenshots. The screenshots showcased him asking “Can...

xAI founder and the CEO of SpaceX and Tesla, Elon Musk, says the “next big step” for the artificial intelligence company would be Nvidia Corporation’s  (NASDAQ:NVDA) AI chips, the Blackwell B200s. According to New Street Research analyst Pierre Ferragu, this development...

Nvidia Corp. (NASDAQ:NVDA) kicked off the Computex 2024 with a pre-event keynote address by CEO Jensen Huang on Sunday. The annual computer expo, being held at the Taipei Nangang Exhibition Center in Taiwan, officially starts on Tuesday and will run through June 7. What Happened: Huang started off...

OpenAI’s decision to offer its foundational model for free might hinder its growth, according to a prominent analyst. What Happened: Pierre Ferragu, an analyst at New Street Research, took to social media platform X, to share his thoughts on OpenAI’s recent update. Ferragu highlighted...

Elon Musk’s artificial intelligence venture, xAI, has received a vote of confidence from New Street Research analyst and Tesla Inc. bull Pierre Ferragu. What Happened: On Thursday, Ferragu took to X, formerly Twitter, and expressed his optimism about xAI, which was...

Apple, Inc. (NASDAQ:AAPL) reportedly pulled the plug on its self-driving car project, dubbed Project Titan, and this triggered a mixed reaction from the Street. An analyst, who weighed in on the development on Tuesday, has one big takeaway for companies. What Happened: New Street Research analyst...

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...

New Street Research analyst Pierre Ferragu on Wednesday noted that the buybacks announced by automakers recently are reminiscent of the now-obsolete Canadian smartphone maker Blackberry. What Happened: “All these car manufacturers buying back shares… this will end in tears. Reminds me of...

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...