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The Street Weighs In On Musk's SEC Settlement As Tesla Shares Rip Higher
Monday, October 1, 2018 - 1:12pm | 680Tesla Inc (NASDAQ: TSLA) stock skyrocketed 16 percent Monday after the company announced a fraud settlement with the U.S. Securities and Exchange Commission. According to the terms of the settlement, Tesla is paying a $20 million fine to the SEC, and CEO Elon Musk is paying a personal $20 million...
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Analyzing The Tesla Semi's Impact
Wednesday, November 29, 2017 - 3:19pm | 603Tesla Inc (NASDAQ: TSLA) landed another customer this week when DHL and Fortigo Freight Service Inc ordered 10 of Tesla’s new electric Semi trucks to test on delivery routes. One analyst says the Semi is yet another example of the type of outside-the-box thinking that will land Tesla...
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This Analyst Still Thinks Tesla's Competition Is 'Completely Toast' Following Semi Event
Friday, November 17, 2017 - 11:39am | 447Tesla launched Thursday its highly anticipated semitruck, and one analyst who was in attendance at the event was blown away by what he saw. The Analyst Global Equities Research analyst Trip Chowdhry has a $485 price target for Tesla stock. The Thesis In an email to clients on Friday, Chowdhry...
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This Chart Shows The Intense Competition Among Social Media Companies
Saturday, October 7, 2017 - 7:02pm | 408Social media companies are battling it out tooth-and-nail for market share in the massive, high-growth industry. Facebook Inc (NASDAQ: FB)’s 121-percent gain and Twitter Inc (NYSE: TWTR)’s 66-percent loss highlight just how much is at stake for these companies and their investors....
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Chowdhry: Any Weakness In Tesla Is A Buying Opportunity
Tuesday, October 3, 2017 - 10:35am | 444Tesla Inc (NASDAQ: TSLA) shares dropped roughly 2 percent Tuesday following its big third-quarter Model 3 production miss. However, Global Equities Research analyst Trip Chowdhry says investors should be buying Tesla on its recent weakness. In an email to clients, Chowdhry said Tesla’s long-...
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Analyst: iPhone 8 Demand Bounced Back On Day 2
Monday, September 25, 2017 - 10:26am | 319Apple Inc. (NASDAQ: AAPL) investors had been anticipating the company’s new batch of products, including the iPhone 8 and iPhone X, for months ahead of their unveiling on Sept. 12. However, the new devices haven’t had the positive impact Apple bulls had hoped, as the stock has plummeted...
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AMD Sells Off As Tesla Rumor Cools Down; Analyst Calls Partnership 'Completely False'
Friday, September 22, 2017 - 9:59am | 454Advanced Micro Devices, Inc. (NASDAQ: AMD) stock jumped nearly 8 percent from around $13.00 to above $14.00 this week after a report surfaced that the company was partnering with Tesla Inc (NASDAQ: TSLA) to develop an autonomous vehicle chip that utilized artificial intelligence technology. The...
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Outlook For Apple's Main Event? AR, 3D And A Swankier Siri Tying It Tightly Together
Sunday, September 10, 2017 - 7:46pm | 929With its big product event looming, Apple Inc. (NASDAQ: AAPL) is expected to include augmented reality in one of the last big hurrahs of the smartphone era, as well as hints of its efforts to outwit the deep machine learning of an alluring minx named Alexa. Two key analysts have slightly different...
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Chowdhry: Betting Against Nvidia Is 'Insane' And Stupid
Thursday, August 17, 2017 - 12:41pm | 478NVIDIA Corporation (NASDAQ: NVDA) has been one of the hottest stocks in the market in recent years, soaring more than 750 percent in the past three years alone. But while some analysts and investors believe Nvidia’s valuation has expanded to troubling levels at this point, at least one...
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Analyst: Snap Investors Were Sold Snake Oil
Friday, August 11, 2017 - 9:24am | 352Snap Inc (NYSE: SNAP) shares are down another 11 percent Friday morning to just over $12 after the company reported lower-than-expected user growth and revenue and a larger-than-expected earnings loss. While Snap investors have been caught off guard by the company’s growth struggles and its...
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Analyst: Google Cloud Revenue Up 85% In Q2
Tuesday, July 25, 2017 - 11:08am | 408Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by more than 2.5 percent on Tuesday morning after the company’s second-quarter earnings report fell short of the market’s lofty expectations. However, Google bulls have plenty to like about the company’s impressive...
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The Blackberry Comeback Story Continues
Monday, May 22, 2017 - 3:14pm | 410BlackBerry Ltd (NASDAQ: BBRY) continued its bullish momentum on Monday when the company announced a new deal with Ford Motor Company (NYSE: F) to expand the use of the QNX operating system in Ford automobiles. Following Monday’s 8.7 percent gain, BlackBerry shares are now up more than 63...
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3 Areas In Which Fitbit Showed Encouraging Progress
Thursday, May 4, 2017 - 11:59am | 382Trip Chowdhry, an analyst with Global Equities Research, suggested Fitbit Inc (NYSE: FIT)'s investors take their profits on the health and fitness company back in 2015. The analyst's call was spot-on as the stock peaked above $50 per share that year and steadily declined to an all-time low...
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Analyst Says Nvidia Is A Strong Play For The 'Post-Smartphone Era'
Tuesday, May 2, 2017 - 6:56am | 384While tech giants Microsoft Corporation (NASDAQ: MSFT), Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) continue to invest in machine learning technology, Global Equities Research analyst Trip Chowdhry said NVIDIA Corporation (NASDAQ: NVDA) will be a direct beneficiary of the growing...
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Analyst 'Absolutely Certain' Azure Will Beat Out AWS Within 5 Years
Friday, April 28, 2017 - 9:40am | 377Microsoft Corporation (NASDAQ: MSFT) shares are trading mostly flat on Friday morning after the company reported Q1 adjusted EPS of $0.73 on revenue of $23.6 billion. Microsoft’s reported numbers were mostly in line with consensus estimates of $0.70 and $23.6 billion, respectively. According...