
Tesla Stock Is One of the Most Dangerous Stocks in the Market, Says Wall Street Exec
While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.
While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.
One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.
American social media giant Twitter has surprised many by beating the quarterly revenue estimate to clinch on $1 billion. TWTR stock also rose by 14% as the market opened after the report.
According to Ark Invest, if Tesla lands the self-driving option in the right way, it can soon launch an autonomous taxi service (robotaxis). As a result, the TSLA stock value may increase drastically and Tesla could hit $6 trillion by 2024.
Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.
Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.
Chipotle’s quarterly earnings have emerged stronger than the expectations of many on Wall Street. Will the company be able to show excellent performance this year?
Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.
Tesla (TSLA) stock is in green. Moving higher, it is a real booster for the stock market. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have surged.
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.
Continuing its ascent, Tesla (TSLA) leaped more than 20% on Tuesday to over $940 and is up 45% over the first two days of trading this week.
Oil stocks are suffering from the heavy weight of the current coronavirus outbreak and are crashing continuously. For now, there seems to be no hope.
Elon Musk’s Tesla has shut the critics with its overwhelming performance in Q4 2019. Tesla (TSLA) stock has stormed Wall Street with its price surging a whopping over 80% since the beginning of 2020.
On Monday, Alphabet reported its Q4 results. Though its profits managed to rise, some aspects of the company’s performance such as Google’s advertising business looked disappointing. GOOGL stock went down.
Electric car maker Tesla has stunned Wall Street by its growth over the last year crushing down street expectations comfortably. Analysts have now turned bullish over the company and expect its to touch trillion-dollar valuations in the next five years while TSLA stock may reach $7000 by 2024.