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The Latest Breaking News from Bernstein

Down 34% YTD, What's Next for Tesla Stock?

Tesla is the worst-performing S&P 500 stock of the year so far, yet optimism lingers among some die-hard TSLA bulls. Here's a look at what Wall Street is predicting for the struggling Magnificent 7 stock.

Barchart

NIO Stock Forecast: Can the ‘Tesla of China’ Live Up to the Hype?

NIO stock trades at a fraction of its 2021 highs, and some analysts have trimmed their price targets as they turn bearish on the EV company's forecast. Can the company once hailed as the "Tesla of China" live up to its own hype?

Barchart

Dell founder says calm down about SHODAN-style sentient AI because 'you remember the ozone layer and all' and we fixed that

Well that's a weight off my mind.

PC Gamer

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Cybertruck aside, Tesla hasn't released a new consumer model in years, and analysts are worried: ‘Tesla has a product problem’

The Cybertruck’s long-delayed rollout marks Tesla’s first new consumer vehicle since the introduction of the Model Y in 2019.

Fortune

Why streaming video prices from Netflix, Apple, and Disney, keep increasing

Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

Fortune

Apple’s Lesser-Known Revenue Stream Surges With Google Deal

Apple's agreement with Google as default search engine could face jeopardy, raising potential for new search options.

Zenger

Are investors bored of Bitcoin? Its 90-day volatility is now the lowest since 2016

Bitcoin's low volatility is leading more short-term investors to prioritize traditional markets.

Fortune

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Stablecoins Will Create ‘The New Bedrock For How Finance Moves Around,’ Says Archblock’s Bill Wolf

The Chief Information Officer at Archblock, believes that stablecoins are set to revolutionize the financial landscape

Zenger

Markets Today: Stocks Fall on Negative Carryover from China’s Debt Crisis

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.15%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock indexes this morning gave up an overnight advance and are modestly lower. Higher T-note yields this morning are a bearish factor for stocks. Also,...

Barchart

China is Now Home to 40% of All Arm Servers: Report

China uses more Arm-based servers than any other country, according to Bernstein.

Tom’s Hardware

SEC likely to change its tune on spot Bitcoin ETF, according to Bernstein

The regulator has received applications to create a spot Bitcoin ETF from several TradFi players including Fidelity and BlackRock.

Fortune

Tesla Sales Soar, But Analyst Forecasts Challenging Business Conditions

Tesla hasn't launched any new models in a long time, which could impede its growth, as per Bernstein analyst

InsideEVs

Alphabet's downgrade double-whammy

In a downgrade double-whammy, UBS AG and Bernstein both warned that generative A.I. represents a near-term threat to Google search ad revenue and its profit margins.

Fortune

Is Amazon.com (AMZN) a Good Buy for the Week?

Amazon.com (AMZN) is venturing out into new avenues with an aggressive expansion strategy. Would it be wise to invest in the e-commerce giant now? Let’s look at its financial metrics to know more….

StockNews.com

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Windows Central

PC market might return to normal this year analyst says noting Intel and AMD reports

The PC market has taken a dive in recent years, but it's looking like things could look "less ugly" by end of year.

Salon

Is the grocery industry broken?

In a world where we're forced to choose between monopolies, it becomes apparent that the grocery industry is broken

InsideEVs

Here's How Tesla Aims To Cut Manufacturing Costs In Half

Tesla hopes to increase its production numbers even more than it has in the last few years, and ultimately reduce its manufacturing costs in the coming decade.

The Guardian - UK

British Gas owner expected to reveal record profits of £3bn

Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment meters

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news in one place.

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Zenger

Tesla Sharply Lowers EV Prices In US: You Can Now Own A Model 3 For Little Under $36,500

Tesla Inc

Los Angeles Times

Hollywood school took 8 hours to find teen overdose victim in bathroom, mother's lawsuit alleges

LOS ANGELES — Melanie Ramos was missing for eight hours before she was found dead of suspected fentanyl poisoning in a Hollywood school bathroom this year, the 15-year-old's mother and her lawyers said Wednesday in announcing a lawsuit against the Los Angeles Unified School District.

Financial Times

The week that could unravel the global oil market

As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined

The Independent UK

Italian EV startup takes on US, Chinese rivals with design

A new fully electric vehicle startup in Italy is challenging U.S. and Chinese rivals with “Made in Italy" design

Benzinga

Meta Platforms To $200? These Analysts Slash Price Targets On Meta Following Q3 Results

Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

Benzinga

Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

The Independent UK

Electric vehicles take center stage at pared-back Paris show

The Paris auto show is back

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