Tag: business news
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Buy the dip case for Tesla diminishes due to stagnating fundamentals
Tesla has slumped more than 18% since its second-quarter earnings report after the market closed on Wednesday.
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This semi stock just struck a deal with Nvidia. UBS sees big gains ahead
The investment bank upgraded shares to buy from neutral.
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We’re trimming an outperformer ahead of earnings and buying more of a falling new stock
We’re protecting our gains in one stock and using that cash to build up our newer position in an industrial.
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Michael Burry’s short bets on Tesla, Caterpillar pay off in big July pullback
Burry disclosed on June 30 that he had opened short positions in Caterpillar, Nvidia, Applied Materials and Tesla after each scored strong rallies.
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Stock pullback couldn’t come at a worse time for market
The S&P 500 is down 0.7% this week as of Thursday’s close, putting it on pace for its second straight weekly decline.
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SpaceX shares are fully valued even when taking into account an Elon ‘premium,’ says HSBC
The Wall Street firm initiated coverage with a hold rating and a $115 price target.
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AMD has more than doubled in 2026. It has more room to run, UBS says
Advanced Micro Devices looks poised to continue rallying after it provided investors with several promising updates at its AI event earlier this week, per UBS.
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Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.
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How a Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack
The origin of the model Hugging Face used to combat the rogue AI is turning heads.
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Wells Fargo says ditch this pest control stock as demand continues to soften
The investment bank downgraded shares to underweight from equal weight.
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