The FAANG stocks may also benefit from the incoming administration that may stall agreement on the antitrust and the break-up threats on some of the top US tech companies.
The JPMorgan analyst lowered his price target for Nikola stock on execution risks related to a “tarnished brand.”
While IPOs improved the public listing revenues, Special Purpose Acquisition Companies (SPACs) also saw an increased embrace in the US within the year.
As the analyst has explained, Apple has not yet finalized the specifications for the vehicle. Besides, Apple has not decided on the suppliers.
With Tesla up about 700% this year, investors should avoid thinking about growth at any price and rather diversify their portfolios to older stocks.
The protection of the American investors was one of the top priority for Jay Clayton while he served as the Chairman of the SEC.
Elon Musk posted his tweet on his previous consideration to sell Tesla shortly after the reports that Apple may launch its autonomous vehicle in 2024.
Apple’s is once again making its Project Titan alive and is reportedly focusing on battery technology which will make it cost-effective while simultaneously providing more miles range.
SoftBank SPAC IPO will be overseen by SoftBank Investment Advisers which also runs the Vision Fund. Besides, Goldman Sachs Group and Citigroup will underwrite the deal.
The ongoing Brexit trade negotiations hit another deadlock further contributing to the decline seen in the British Pound Sterling.
There are lots of factors that can drive FAANG and other tech shares in 2021. The most interesting of them include developments in gaming, cybersecurity, 5G, edge computing, and data analytics.
The shares of Alphabet Inc fell after the Attorney Generals are asking the court at least to restrict or stop the search engine giant Google from engaging in anti-competitive practices.
After a critical analysis, Zacks Rank gave Tesla shares a ‘Hold’ rating, citing notable fundamentals that are yet to materialize.
Nasdaq 100 will include stocks of Marvell Technology, Okta, and Atlassian. Besides, it will add American Electric Power, Match Group, and Peloton Interactive stocks.
Notably, the Mustang Mach-E is similar to Tesla Model Y SUV. Both EVs by Ford and Tesla are alike in pricing, performance, and range.