Goldman Sachs named a new price target for Tesla (TSLA) stock. However, it is lower than the current value of the stock.
Nikola (NKLA) stock soared 34% on Wednesday after JPMorgan turned bullish on the company, citing a more attractive valuation following the recent selloff.
As the clouds of COVID-19 concerns continue to hover over Wall Street, tech and software companies see a major surge due to larger demand and the changing economic dynamics. Dow Jones and other indices moved higher.
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The positive performance of Tesla (TSLA) stock can be attributed to the operations of its Shanghai Giga factory. 14,954 Model 3 vehicles were manufactured and delivered in June.
After closing yesterday at $1,389.86, with a +1.33% change, Tesla (TSLA) stock is in the green in the pre-market. Morgan Stanley analyst Adam Jonas has set a bull case scenario for the shares that could be traded at $2,070.
Disney (DIS) stock pricing is rising today in the pre-market as teh company is preparing to re-open its Walt Disney World theme parks to a limited number of visitors on Saturday.
At the beginning of the week, Wall Street was quite optimistic being supported by the signs of strength in the service sector, however, now the performance of its key components shows a downtrend.
Moderna (MRNA) stock recently plunged over reported disagreements with government scientists about the company’s vaccine trial process. Today in the pre-market, the stock price is around $60.90.
Facebook (FB) stock has managed to hit a new ATH despite the challenges related to the ad boycott from major advertisers in the framework of the “Stop Hate for Profit” campaign.
Walmart is set to launch its loyalty-based subscription program called Walmart+ this July. It will compete with the Amazon Prime service. WMT stock jumped 7% yesterday.
TSLA stock’s new record brought Tesla market cap to $254.39 billion. Yesterday, Tesla closed at $1,389.86 per share. Elon Musk’s fortune has reached $63.5 billion.
NVAX stock price is skyrocketing these days as Novavax is getting one step closer to the development of its coronavirus vaccine.
Microsoft (MSFT) stock price is moving higher pushing its way to new records. Will 2020 be a good year for the Redmond Washington software giant?
Alphabet (GOOGL) stock price is moving higher today. The rise is attributed to a long-term cloud partnership between Google and Deutsche Bank AG.