Electric vehicle trailblazer Tesla (NASDAQ: TSLA) released its Q3 2024 earnings report on October 23. Leading up to the earnings call, sentiment had turned bearish — driven by skepticism after the underwhelming Robotaxi Day ‘We, Robot’ event.While the future might still be uncertain, particularly with Musk’s history of overpromising and under delivering, at present, things are looking up for the automaker — the quarter was a success and led TSLA stock price to surge by 14.09%, at the time of publication.Tes ...

Core Viewpoint - Nvidia's stock is considered 'undervalued' despite reaching a record high, with significant revenue potential that is not fully recognized by investors [1][2]. Group 1: Analyst Insights - Bank of America Semiconductor Analyst Vivek Arya believes Nvidia's valuation does not reflect its growth potential, especially in comparison to peers [1]. - Arya emphasizes that high-multiple stocks like Nvidia can signal greater future growth opportunities, even when they appear expensive [2]. - The analyst raised Nvidia's price target from $165 to $190, labeling it a "generational opportunity" [3]. Group 2: Market Sentiment - A report indicated that 93% of analysts maintain a 'Buy' rating for Nvidia, driven by the anticipated success of its Blackwell chips, which are experiencing high demand [3]. - Nvidia's share price has shown volatility, closing down 2.8% recently but up nearly 190% year-to-date [4]. - Analysts suggest that reclaiming the $140 level is crucial for validating Nvidia's recent strength, with a potential target of $150 [4]. Group 3: Future Expectations - If Nvidia reports better-than-expected Q3 2024 results, the stock could target $200, with Bank of America already setting a target of $195 [5].

As Microsoft (NASDAQ: MSFT) approaches its fiscal first-quarter earnings report, Citigroup has revised its twelve-month price target for the tech giant, lowering it from $500 to $497.Despite the lower target, Citigroup maintains a ‘Buy’ rating on the stock. The revision reflects concerns over rising capital expenditures and slower growth in Microsoft’s cloud computing division, Azure, which has underperformed expectations in recent quarters.MSFT five-day stock price. Source: FinboldCurrently, Microsoft stoc ...

McDonald’s (NYSE: MCD) stock price is crashing amid an E. coli bacteria outbreak with reported hospitalizations and deaths. Finbold turned to Perplexity Online AI for real-time web insights and a price prediction for McDonald’s stock as things develop.According to multiple sources, the E. coli outbreak is related to one of McDonald’s flagship products, the Quarter Pounder burger. In particular, The Kobeissi Letter highlighted an over 10% crash right after the news, with ten hospitalizations and one death.BR ...

Tesla (NASDAQ: TSLA) is at the center of excitement over the company’s new product lineup, but investors are cautious about its stock performance. Despite this environment, long-term price targets like $400 remain in focus.The target is a possibility despite the ‘disappointing‘ October 10 Robotaxi Day event, during which TSLA plunged 8.8%.By the close of the latest market session, Tesla stock was valued at $217.97, dropping 0.40% for the day. These losses have extended on the weekly chart, with TSLA down 1. ...

Nvidia (NASDAQ: NVDA) has been a darling of Wall Street, with 92.86% of analysts giving the stock a “Buy” rating as of October 2024. Out of 42 analysts, 39 recommend buying, while only 3 suggest holding, and none are advising to sell. Wall Street analysts offered 12-month price targets for Nvidia, with an average target of $153.86 and a high forecast of $200.00, suggesting a 7.15% upside from its current levels, with some analysts predicting even more significant gains.NVDA 12-month stock price forecast. So ...

Netflix (NASDAQ: NFLX) is witnessing a surge in insider selling activity, with several top executives offloading significant portions of their holdings. According to an SEC filing, Co-CEO Gregory K. Peters sold 4,186 shares of Netflix common stock on October 18, 2024, as part of a pre-established Rule 10b5-1 trading plan, which he adopted on July 26, 2023. Peters executed this transaction for $750 per share, resulting in proceeds of approximately $3.14 million. Prior to the sale, Peters exercised stock opti ...

So far, Qualcomm (NASDAQ: QCOM) has been experiencing significant stock market success in 2024, albeit not without facing some headwinds along the way.Indeed, though the stock is up 23.50% year-to-date (YTD) to its latest closing price of $173.18, it is simultaneously down a significant 24% from its June highs near $230.The growing issues become even more evident once the 5.13% drop in the extended session between Tuesday, October 22, and Wednesday, October 23, is factored in. QCOM stock YTD price chart. So ...

Amazon (NASDAQ: AMZN) has experienced growth in 2024 — but it has been far from smooth and uneventful. While AMZN’s share price has appreciated, inflation, supply chain issues, and regulatory scrutiny, as well as increased competition, have served to limit the rally.In July and August, the stock experienced a significant 19.5% crash — dropping from an all-time high of $200 on July 2 down to $161 on August 4. Since then, the online retail leader has been on a steady road of recovery — at press time, AMZN sha ...

Core Viewpoint - Alphabet Inc. has faced a stock price pullback from its all-time high of $192 due to antitrust pressures and increased competition in the AI sector, with current trading at $164 and a modest gain of 1% over the past month, leading to predictions of a stock price range between $170 and $190 by the end of 2024 [1][5] Legal Uncertainty and Antitrust Concerns - Ongoing antitrust case by the U.S. Department of Justice accuses Google of maintaining an illegal monopoly in search and text advertising, with a recent temporary victory allowing a delay in court-mandated remedies related to its Play Store [2] - Legal challenges remain significant, and adverse outcomes could have long-term implications for Google's core business [2] AI Dominance and Growth Opportunities - Google's search engine market share is projected to drop below 50% for the first time in over a decade due to emerging AI competitors like Perplexity and OpenAI's ChatGPT [3] - Despite competition, Google is actively pursuing AI advancements, including a partnership with Honeywell to enhance industrial efficiency through its Gemini AI [3][4] Waymo's Autonomous Vehicle Expansion - Waymo continues to lead in the robotaxi sector, with analysts predicting significant operational scaling ahead of competitors like Tesla, which has faced challenges in its robotaxi initiatives [4] - Wall Street analysts have not fully accounted for Waymo's growth potential in Alphabet's overall valuation, indicating untapped upside if Waymo's strategy is successfully executed [4] AI Prediction for Google Stock by Year-End - AI-driven models suggest Google's stock could reach $190 by the end of 2024, assuming legal challenges do not escalate and Waymo's expansion continues to gain traction [5] - A more conservative year-end price closer to $170 is also possible if antitrust rulings and AI competition further erode Google's market share [5] - The trajectory of Google's stock will depend on its ability to navigate legal challenges and capitalize on growth opportunities in AI and autonomous vehicles [5]