Nvidia's Stock Split Could Spur Peer Moves in Tech; Potential Followers Listed
Nvidia delighted investors when it announced a 10-for-1 stock split last week. The move may be the start of a trend, as several prominent tech companies trade at prices high enough to tip the scales toward similar splits, according to a note from Bank of America.
Tesla Researcher Says Q2 Deliveries This Year Will Be 'Well Below' 2023 Levels
EV giant Tesla Inc (NASDAQ:TSLA) is making its best-selling Model Y more appealing to customers from a cost perspective with price cuts and low interest rates on financing a purchase. Tesla researcher
Elon Musk's AI Startup XAI Hits $24B Valuation After Latest Fundraising Round
Musk's xAI raises $6 billion to challenge OpenAI
Musk's artificial intelligence startup xAI has successfully raised $6 billion and reached a valuation of $18 billion to accelerate the challenge of OpenAI he once supported. Musk announced this B-round of financing on May 26, less than a year after xAI's debut, marking a major investment in the development of artificial intelligence tools. Currently, OpenAI's total funding amount to $14 billion. XAI's single financing scale reached nearly half of OpenAI's total financing amount in less than a year. It can be seen that investors are optimistic about Musk. Key investors in this funding include Tesla and
Is Tesla's Delivery Drought Over? Beijing Center Rumored To Have Hit Record Day
Tesla Inc's (NASDAQ:TSLA) delivery center in Beijing's Crab Island reportedly recorded its highest delivery volume in a day on Sunday.What Happened: Photos and videos shared on social media platform X
Departing Tesla VP Can't Get Himself To Buy Rival EVs Because They Don't Have FSD: 'It's A Deal Breaker'
Tesla Inc's Vice President of Investor Relations Martin Viecha is due to leave the company later this year, but he can't seem to part with the company's electric cars.What Happened: Viecha took to X l
Metals & Mining Monitor | Iron Ore Prices Reach to 3-Month High; Anglo American Extends BHP Bid Deadline After Rejection
Iron ore prices climbed to 3-month high on China's Support Measures; Anglo American extends BHP bid deadline after rejection.
Tesla's Shadow Looms: Rivian Discounts US, Canada Inventory To Stay Competitive
California-based EV maker Rivian Automotive, Inc. (NASDAQ:RIVN) is reducing prices on existing inventory in the United States and Canada to compete in the increasingly heated electric vehicle market.
Glass Lewis Tells Shareholders To Vote Against Elon Musk's Proposed $56 Billion Compensation Package
Ahead of Tesla Inc's (NASDAQ:TSLA) annual meeting, a major proxy advisory firm recommended that shareholders vote against CEO Elon Musk's substantial compensation package. What Happened: Tesla's share
Moderna Was Among The Best Performing Large-Cap Stocks Last Week (May 20-May 26, 2024): Are They In Your Portfolio?
These large-cap stocks were the best performers in the last week. Are they in your portfolio?First Solar, Inc. (NASDAQ:FSLR) shares jumped 41.5% possibly in response to President Joe Biden's recent an
Top Utility Trade Group Joins Litigation Against New Biden Power Plant Rule
Could Tesla Jolt Investors at Its Robotaxi Event With Three Model Introductions?
SA Asks: Is EV Maker Tesla Overvalued?
Tesla's market cap is the lowest of the tech-focused Magnificent 7, however, with the other six having valuations of at least $1.2T, according to Yahoo Finance data.
Nvidia, Tech Stocks Propel Nasdaq 100 To Record High; Solar Sector Shines, Meme Stock Bubble Bursts: This Week In The Market
Tech stocks in the Nasdaq 100, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), soared to record highs during the week, marking their fifth consecutive week of gains — the longest streak since Januar
Tesla Shares Are Trading Higher Despite the Company Reportedly Reducing Model Y Production at Its Shanghai Gigafactory.
Tesla Shares Are Trading Higher Despite the Company Reportedly Reducing Model Y Production at Its Shanghai Gigafactory.
California Loses The Solar Crown: Who's America's New Energy Star?
California is the largest U.S. state by population and was once the largest solar energy producer in the U.S. In a large shake-up, Texas has surpassed California as the largest domestic solar energy p
Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's Driving Markets Friday?
Technology stocks surged on Friday, rebounding sharply after Thursday's decline, as investor confidence in the artificial intelligence-driven rally remained high.The Nasdaq 100 index jumped over 1%, r
NOAA Meteorologists Predict Aggressive Hurricane Season: What It Means For Home Depot, Generac, Other Storm-Related Stocks
Meteorologists at the National Oceanic and Atmospheric Administration (NOAA) have issued a bleak forecast for 2024's hurricane season, which runs June 1 to Nov. 30. The most devastating hurricanes cau
Hedge Funds Tweak Portfolios In Q1: Marvell, TD Synnex, AES Get More Love As Focus Shifts To AI
Hedge funds made strategic adjustments to their portfolios throughout the first quarter of 2024.Firms are looking for high-return opportunities beyond the mega-cap tech giants preferring to focus on c
Albemarle Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/24/2024 24.4% RBC Capital → $157 Reiterates Outperform → Outperform 05/21/2024 6.96% Scotiabank $150 →