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Tesla's stock price has risen for 11 consecutive days. "Old Bond King" Gross: It's like a popular stock.
Bill Gross, the "bond king", believes that Tesla is now acting like a meme stock. As of Wednesday's close, Tesla's stock price has risen for 11 consecutive days, setting the longest consecutive rise record since June 2023.
Google Boosts Fitbit's Heart Health Monitoring, Aims To Simplify Data Sharing With Doctors, Nurses And Researchers
On Wednesday, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announced that it is upgrading the heart health monitoring features of Fitbit, making it easier for medical professionals to access
Palantir, Apple, Costco, SoundHound AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Major U.S. indices ended higher on Wednesday, with the Dow Jones Industrial Average increasing by 1.1% to 39,271.36, the S&P 500 gaining nearly 1% to reach 5,633.91, and the tech-heavy Nasdaq
No longer a case of "The Boy Who Cried Wolf"? The New York Federal Reserve comments that this time, "Powell Pivot" will be more sustainable than at the end of last year.
Nowadays, the threshold for Fed rate cuts is lower than in previous months and the situation has changed. Powell believes that inflation is returning to normal and the labor market is clearly weakening, further weakness is unnecessary and unwanted.
Citigroup Maintains Buy on Monster Beverage, Lowers Price Target to $60
Citigroup analyst Filippo Falorni maintains Monster Beverage (NASDAQ:MNST) with a Buy and lowers the price target from $69 to $60.
Citigroup Maintains Buy on Intuitive Surgical, Raises Price Target to $512
Citigroup analyst Joanne Wuensch maintains Intuitive Surgical (NASDAQ:ISRG) with a Buy and raises the price target from $462 to $512.
Intuitive Surgical Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 15.12% Citigroup $462 → $512 Maintains Buy 07/09/2024 10.18% Piper Sandler $435 → $490
Elon Musk's brain-computer interface company will welcome the second human patient.
Musk also revealed that the company hopes to implant its devices into patients with "high digit" numbers this year.
Express News | SoundHound AI's night trading on the US stock market rose nearly 3%, and SoundHound Assistant launched Peugeot and Opel cars in several European countries; Costco's stock price also rose nearly 3%, with the first increase in membership fees since 2017.
Futu Morning News | Powell unexpectedly "dovish"! US stocks reach new highs again; Wall Street has been fully occupied by bulls! Investment banks are shouting that the S&P 500 is expected to rise to 5900 points by the end of the year.
The U.S. stock market continues to hit new highs. Goldman Sachs macro traders are scared and any disappointing profits may face severe punishment. On the eve of the heavy CPI announcement in the United States, the 10-year Treasury auction performed well.
Barclays Maintains Overweight on Roper Techs, Raises Price Target to $625
Barclays analyst Julian Mitchell maintains Roper Techs (NASDAQ:ROP) with a Overweight and raises the price target from $611 to $625.
Roper Techs Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 13.01% Barclays $611 → $625 Maintains Overweight 06/13/2024 — Wolfe Research Downgrades
Anti-monopoly review is becoming more and more intense, Microsoft and Apple have given up their seats on the OpenAI board of directors.
Both Microsoft and Apple have abandoned their plans to serve as OpenAI board members. However, the latest news shows that giving up seats has not eliminated the antitrust concerns of the US regulatory authorities. Currently, regulators are investigating Microsoft's investment in OpenAI.
"Congressional stock god" will become history? Senators from both parties in the US Senate seek to ban members of Congress from trading stocks.
A new proposal unveiled by bipartisan Senators on Wednesday proposes to ban Congressional members, their spouses, and minor children from trading individual stocks. If the bill passes, it will require members of Congress to divest from individual stock assets starting from 2027, and violators will be penalized through fines equal to the monthly salary or 10% of the value of each violating asset.
Barclays Maintains Overweight on Regeneron Pharmaceuticals, Raises Price Target to $1200
Barclays analyst Carter Gould maintains Regeneron Pharmaceuticals (NASDAQ:REGN) with a Overweight and raises the price target from $1050 to $1200.
Regeneron Pharmaceuticals Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 12.03% Barclays $1050 → $1200 Maintains Overweight 06/27/2024 7.55% Canaccord Genuity $1152 → $
What does Biden not saying retreat and investors laying out the "Trump trade" mean for the direction of the election regarding the Federal Reserve?
After rushing to speculate on the Fed's interest rate cuts at the beginning of the year, investors who usually only bet on election trades 1-2 months before the U.S. election are now aggressively positioning themselves for the "Trump trade."
US stock market closes with S&P breaking the historic 5,600 mark, with Tesla rising for the 11th consecutive day, Taiwan Semiconductor, Apple, and Google reaching new closing highs.
The three major US indexes all closed with more than a 1% increase, with the S&P and Nasdaq both rising for seven consecutive days. Tesla's stock rose more than 44% on the 11th day, while Nvidia rose nearly 2.7%, approaching its historical high.
Boosted by demand for AI services, the shipment volume of iPhone 16 in the second half of the year will increase by 10%, and Apple's stock will hit another record high during trading hours.
According to media reports, Apple hopes that AI services can drive consumer demand, and plans to increase the shipment of iPhone by 10% in 2024, with at least 90 million iPhone 16 units shipped. This optimistic expectation drove Apple's stock price up 1.8% to a new high. However, Wall Street analysts expect that Apple's iPhone revenue will decline in the second half of 2024.
Chasing after Nvidia! AMD acquires AI model developer Silo AI for $0.665 billion in cash.
AMD announced that the Silo AI team will join their AI group, and the current CEO will continue to lead the team.