
Coinbase Employees Are Awarded with 100 Shares Each amid Company’s Listing
The Coinbase direct listing opens at $250 per share, which means that all the company’s 1,700 full-time employees will become $25,000 richer.
The Coinbase direct listing opens at $250 per share, which means that all the company’s 1,700 full-time employees will become $25,000 richer.
Tesla (TSLA) stock received positive ratings from other notable Wall Street analysts as well.
With stellar results for the first quarter of this year, analysts have turned bullish and upgraded the Tesla stock price expecting returns of 40-60% by the end of this year.
The Wedbush analyst predicts a massive 86% growth in Apple stock price in case of a bull case scenario backed by a robust supply chain thereby clocking higher sales numbers.
In February, Tesla produced 23,632 cars and delivered 18,300 vehicles, which marks an 18% increase from the month before, when it sold 15,484 vehicles locally after exporting an estimated 7,956 cars from Gigafactory Shanghai.
Wedbush noted the probability of less than 5% that public companies will adopt BTC over the coming 12 to 18 months.
The Wedbush analyst has positively rated Microsoft shares for the past 2 years. During this period, the tech company has had a one-year high of $245.92 and a one-year low of $132.52.
Referring to the increasing demand for the iPhone, Dan Ives said Apple could have sold about 90 million iPhones by the December quarter.
Despite the current performance of Tesla, analysts, including those bullish on the stock, are projecting a moderate price target.
Apple and Hyundai can possibly release a “beta-version” of the car by 2022 and it will go into full-scale mass production by 2024. A Hyundai Motors spokesperson has subtly revealed that the two companies are in talks.
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.”
Tech giant Tesla Inc made its S&P 500 debut. This comes at a time when a new, more infectious strain of the coronavirus is shaking markets globally.
As a result of yesterday’s jump, Apple shares are now up approximately 74.19% year-to-date and around 14% in the past three months.
Tesla is all set to raise $5 billion by the fresh stock offering as it plans new gigafactories and production expansion in the next two years. The fundraise plan comes at a time when the TSLA has skyrocketed nearly 700% so far in 2020.