Tesla Inc.'s TSLA red-hot energy storage business is suddenly staring down a geopolitical cold front—and President Donald Trump may be at the center of it. With second-quarter earnings set for Wednesday, Wall Street is watching closely to see whether Elon Musk's energy ambitions can withstand a fresh wave of tariff tensions that threaten to hit the battery segment harder than the EV business.According to Cantor Fitzgerald analyst Andres Sheppard, Tesla's previously sky-high growth expectations are likely du ...

Shares of General Motors Co GM tanked in early trading on Wednesday, despite the company surpassing revenue and earnings estimates.The General Motors Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and price target of $55.The General Motors Thesis: The company reported revenues of $47.12 billion, down 2% year-on-year, but significantly higher than Street expectations of $45.84 billion, driven by "strong demand for its vehicles and stable vehicle pricing," Ives said in the note.Check out ...

The Opendoor Technologies, Inc. OPEN rollercoaster continued on Tuesday, with the stock climbing in early trading after a breathtaking drop on Monday afternoon. Eric Jackson, the hedge fund manager who ignited the rally, shared his playbook for profiting from the volatility. The Details: Jackson appeared on "From the Desk Of Anthony Pompliano" and spoke about Opendoor's feverish rally and retail investor momentum.  He credited retail traders with spotting trends and described them as shifting toward new, hi ...

Group 1 - Northrop Grumman Corporation is set to release its second-quarter earnings results on July 22, with expected earnings of $6.68 per share, an increase from $6.36 per share in the same period last year [1] - The company is projected to report quarterly revenue of $10.15 billion, slightly down from $10.22 billion a year earlier [1] - On May 29, Northrop Grumman issued $1 billion in new senior notes, divided into two tranches maturing in 2030 and 2035 [2] Group 2 - Northrop Grumman shares experienced a decline of 0.7%, closing at $515.29 [2] - Recent analyst ratings show a downgrade from Deutsche Bank from Buy to Hold, with a price target reduction from $580 to $542 [8] - Other analysts have maintained or adjusted their ratings and price targets, with Wells Fargo reducing its target from $547 to $525, RBC Capital from $575 to $550, and Truist Securities from $600 to $550 [8]

Group 1 - Opendoor Technologies Inc. shares experienced a rise attributed to positive comments from a hedge fund manager on social media [1] - The stock is currently considered extremely overbought, nearing a previous peak price of $4.85, which was established in December 2023 [1][5] - The Relative Strength Index (RSI) indicates overbought conditions in both short-term and long-term perspectives, suggesting a potential market correction [2][4] Group 2 - The overbought status may attract sellers anticipating a price reversion, which could exert downward pressure on the stock [5] - Historical resistance levels, such as the $4.85 mark, may lead to psychological barriers for investors holding losing positions, further complicating the stock's upward momentum [5][6] - There is uncertainty regarding when the current rally will conclude, but a significant likelihood exists that it may occur around the $4.85 resistance level [6]

Steel Dynamics, Inc. STLD released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter. The Details: Steel Dynamics reported quarterly earnings of $2.01 per share, which missed the analyst consensus estimate of $2.51.Quarterly revenue came in at $4.57 billion, which missed the analyst consensus estimate of $4.76 billion and is down from revenue of $4.63 billion from the same period last year.Read Next: Opendoor Stock Frenzy Continues—Is $40 Per Share The ...

Three defense titans, three different flight paths — but only one may come out on top when Lockheed Martin (LMT), RTX Corp RTX, and Northrop Grumman Corp NOC report earnings Tuesday before the bell. With investors closely tracking valuation, momentum, and technicals, this aerospace earnings face-off is about to get turbulent.RTX: Flying High, Valued HigherRTX has been the surprise high-flyer. With a 47% gain over the past year and a 32% YTD rally, it's the clear momentum leader. Technically, it's flashing b ...

On Friday, the U.S. Food and Drug Administration placed Sarepta Therapeutics Inc.’s SRPT investigational gene therapy clinical trials for limb girdle muscular dystrophy (LGMD) on a clinical hold.The decision stemmed from serious safety concerns, including three patient deaths potentially linked to these products, indicating that study participants faced or would be exposed to an unreasonable and significant risk of illness or injury.The FDA also formally requested Sarepta to voluntarily halt all shipments o ...

Biogen Inc. BIIB said on Monday that it plans to invest an additional $2 billion in its existing manufacturing footprint in North Carolina’s Research Triangle Park (RTP).Biogen has invested approximately $10 billion in its North Carolina manufacturing footprint to date, including more than $3 billion in recent years, and this upcoming investment will fuel the continued advancement of Biogen’s late-stage clinical pipeline.In the next few years, Biogen plans to continue investing in multiple modalities and fa ...

Charles Schwab SCHW shares gained on Monday after the company reported stronger-than-expected second-quarter results on Friday, surpassing analyst consensus estimates for both adjusted earnings per share and revenue.The robust performance has prompted leading Wall Street analysts, including those from JP Morgan and Goldman Sachs, to re-rate the stock and raise their price forecasts, citing strong fundamentals, increased trading activity, and strategic growth initiatives, including the upcoming launch of Bit ...