Tesla's stock is showing signs of rebound following a Q2 delivery beat, partly attributed to a spike in gas prices driven by the Iran conflict. Investor Gary Black expects the stock to rise as sell-side analysts increase Q2 and full-year 2026 earnings estimates, potentially pushing price targets higher. Tesla's stock is currently trading in a range-bound zone near key moving averages, with the next major catalyst being the July 22 earnings report, where analysts forecast EPS of 44 cents and revenue of $25.24 billion. Despite a premium valuation and mixed momentum, Tesla remains a growth-focused stock sensitive to earnings updates.
Wall Street strategists remain optimistic about U.S. stocks, with S&P 500 year-end targets ranging from 7,000 to 8,250, averaging a modest 3% gain from current levels. Bitcoin surged above $63,000, boosted by a favorable macroeconomic environment and...
SpaceX's IPO quiet period ends this week, allowing analysts to publish ratings as the stock joins the Nasdaq 100. Options trading shows strong bullish sentiment, with calls at $180 and $190 implying an 11-17% upside. PepsiCo reports earnings amid mix...
Michael Burry, known for predicting the 2008 housing crash, has initiated a short position on Micron, arguing the stock is overvalued after a 209% rally this year. He highlights Micron's history of severe price drops, weak profitability metrics, and ...
Five Wall Street analysts reaffirmed their mostly bullish stance on Tesla stock for the next 12 months, with price targets ranging from $400 to $475. Despite some maintaining 'Hold' ratings, the outlook is supported by Tesla's strong Q2 production an...
Amazon is advancing its AI efforts by developing new generations of screenless, AI-enabled devices centered around an upgraded Alexa assistant called Alexa+. This assistant aims to be more contextual and integrated into daily life, moving away from t...
