The impressive performance of Amazon (AMZN) and Netflix (NFLX) has caused Wall Street analysts to set new price targets for the companies’ stocks.
After the earlier release of the autopilot driver-assistance system, Tesla has announced plans to deliver its vehicles with autonomous driving technology. TSLA stock is up.
In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up.
After closing yesterday at $1,389.86, with a +1.33% change, Tesla (TSLA) stock is in the green in the pre-market. Morgan Stanley analyst Adam Jonas has set a bull case scenario for the shares that could be traded at $2,070.
Facebook (FB) stock has managed to hit a new ATH despite the challenges related to the ad boycott from major advertisers in the framework of the “Stop Hate for Profit” campaign.
TSLA stock’s new record brought Tesla market cap to $254.39 billion. Yesterday, Tesla closed at $1,389.86 per share. Elon Musk’s fortune has reached $63.5 billion.
NVAX stock price is skyrocketing these days as Novavax is getting one step closer to the development of its coronavirus vaccine.
Alphabet (GOOGL) stock price is moving higher today. The rise is attributed to a long-term cloud partnership between Google and Deutsche Bank AG.
The D share crash has come after Dominion Energy and its partner Duke Energy announced that they are canceling the Atlantic Coastline Project citing the threat to the economic viability of the project.
Following the news, both Sanofi and GlaxoSmithKline stocks jumped. The latest closing price for Sanofi was $51.62. GlaxoSmithKline shares ended at $41.22 at the latest session.
Elon Musk decided to dig at TSLA short sellers who didn’t believe in the stock by offering Tesla short shorts that are available at the Tesla shop at $69.420. Notably, Musk is a fanatic of these digits as previously on his Twitter timeline he posted that he was born 69 days after 4/20.
The expected starting price for Ford’s new model is somewhere around $30,000. But to make a reservation, $100 is enough. The sale will start no earlier than next spring. F stock is up.
FedEx surprises Wall Street with better-than-expected Q2 results despite the coronavirus pandemic strike. The major crash in the company’s B2B services was offset with the strong growth in B2C services.
For SBI, the investment in B2C2 is first of all the means of expanding into the overseas market. The UK will be quite challenging for SBI that has explored Asian market before, but this experience will be worth it.
Following the positive news, Pfizer and BioNTech shares managed to jump 5% and 2.2% accordingly on Wednesday. PFE closed with a 3% rise while BTNX lost 4%.