This week, all eyes are on Tesla (NASDAQ: TSLA) as investors eagerly await the company’s Q3 earnings report, set for release on October 23 after the market closes.With Tesla’s revenue growth having shown signs of slowing in recent quarters, the big question is whether the electric vehicle giant can break through this plateau and reignite its growth momentum.Wall Street analysts are forecasting Tesla’s Q3 earnings per share (EPS) at $0.60, reflecting a 9% decline year-over-year. However, revenues are expecte ...

Insider Trading Activity - Marvell Technology's insider trading activity shows a surge in both buying and selling, with CEO Matthew J Murphy purchasing 13,000 shares at $77 63 per share, totaling $1 01 million, bringing his direct holdings to 221,915 shares [1] - Over the past three months, there have been nine insider sell transactions totaling 261,000 shares sold, compared to just one insider buy [1] - Over the last 12 months, 42 insider sells amounted to 687,500 shares, against only 2 insider buys totaling 14,425 shares [2] Key Insider Transactions - Raghib Hussain, Division President, sold 144,084 shares at $80 50 per share, totaling $11 6 million on October 15, 2024 [3] - Willem A Meintjes, CFO, sold 1,500 shares at $73 87 per share on September 16, 2024 [3] - Dr Ford Tame sold 92,000 shares at $74 16 per share, totaling $6 82 million on September 12, 2024 [2] Stock Performance and Sector Trends - Marvell's stock is valued at $79 85 as of October 19, 2024, marking a 10% gain over the past month [4] - The semiconductor sector has been volatile, with the iShares Semiconductor ETF dropping 5% following a disappointing outlook from ASML [6] - Broadcom insiders made significant stock sales totaling over $7 million, and Nvidia insiders sold over $1 8 billion worth of stock in 2024 [4] Analyst Outlook and Industry Position - JPMorgan maintains an 'Overweight' rating on Marvell, highlighting its strong positioning alongside Broadcom to benefit from the growing demand for AI infrastructure in data centers [5] - Marvell is deeply integrated into the global tech ecosystem with key customers like Amazon Web Services, and the recent pullback in the semiconductor sector presents a potential buying opportunity for long-term investors [5] - The company continues to gain momentum in AI and data center innovations, with strong customer adoption and design win pipeline expansion in custom AI ASICs [5]

After a prolonged period of underperformance, PayPal (NASDAQ: PYPL) is finally showing signs of a robust comeback. The fintech company, with over 30% year-to-date gains, has outperformed the S&P 500, providing a much-needed win after three years of significant decline. Several key factors are now contributing to renewed investor confidence, positioning PayPal for further growth. As of the close on October 19, PYPL stock is valued at $80.84, having gained 0.7% over the past five trading days. PayPal Holdings ...

Core Viewpoint - Boeing Co. is experiencing significant operational, financial, and regulatory challenges, leading to a substantial decline in stock performance, with a year-to-date drop of approximately 40% [1][2][7] Operational Challenges - Boeing reported a net loss of $1.44 billion, or $2.33 per share, in Q2 2024, a stark contrast to a loss of $149 million in the same period last year [2] - The company missed analyst expectations on an adjusted basis, posting a loss of $2.90 per share, nearly $1 below forecasts [2] - Production delays for the 737 MAX jets due to quality control issues have compounded operational setbacks, leading to the grounding of several planes [2] Labor Disputes - A strike by 33,000 machinist workers has entered its sixth week, with demands for a 40% wage increase, while Boeing has only offered a 30% raise [3] - The strike is costing Boeing over $1 billion per month and has halted production lines for key aircraft models, including the 737 MAX, 767, and 777 [3] - Suppliers are also affected, with Spirit AeroSystems furloughing 700 workers due to production stoppages, indicating potential long-term supply chain disruptions [3] Regulatory Scrutiny - The FAA has initiated a three-month review of Boeing's safety compliance following a mid-flight incident involving a 737 MAX [5] - Safety concerns have been raised regarding manufacturing processes, with the NTSB issuing urgent recommendations related to rudder issues on certain 737 models [5] - Allegations from a whistleblower regarding Boeing's awareness of safety issues have further eroded trust in the company's safety culture [5] Financial Outlook - Boeing is facing a cash flow crisis exacerbated by the ongoing strike and regulatory challenges [6] - The company plans to reduce its white-collar workforce by 10%, amounting to 17,000 jobs, and aims to raise up to $25 billion through debt and stock offerings [6] - Analysts have mixed views, with a consensus rating of "Moderate Buy" among 24 analysts, but some have lowered price targets due to deepening challenges [6] Future Prospects - The combination of financial strain, production halts, and regulatory challenges suggests that Boeing's recovery may take longer than anticipated [7] - Ongoing indirect discussions between the striking union and Boeing may lead to a resolution, but uncertainty remains [7] - Investors are closely monitoring the upcoming quarterly earnings report scheduled for October 23, 2024 [7]

Nvidia’s (NASDAQ: NVDA) share price recently hit a record high at $140 before the equity briefly retreated. Now, an analyst is warning that the chipmaker will likely see further pullback in the coming days. Notably, on October 18, the NVDA stock failed to reclaim the record high, trading at $138, gaining about 0.8% for the day. Meanwhile, the company’s role in the artificial intelligence (AI) scene has contributed to its value surging 180% in 2024. NVDA stock one-day price chart. Source: Google Finance Alth ...

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the world’s largest contract chipmaker, continues to make waves in the semiconductor industry with its remarkable performance in the third quarter of 2024.The company reported a year-over-year profit surge of 54%, further cementing its leadership in the global market. Currently trading at $201.4, with a 6% gain over the last five days, TSMC’s robust earnings and strategic partnerships are fueling its rise.TSMC five-day price chart. Source: Google Finan ...

Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is still waiting for Chinese authorities to approve its Full Self-Driving (FSD) technology, which has been touted to positively impact the firm’s equity.As it stands, Chinese authorities are reportedly reviewing the technology, focusing on elements such as data safety and compliance with laws. Tesla had indicated that the system could be in place within the first three months of 2025, with the Asian economic giant primarily concerned with data security ...

As the race to advance artificial intelligence (AI) intensifies, tech giants like Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN) are making strategic moves toward nuclear energy to meet their rapidly growing power needs.This shift is transforming the energy landscape and positioning nuclear power as a key resource for sustaining the immense, round-the-clock operations of AI-driven data centers.While other forms of renewable energy, such as wind and solar, exist, nuclear energy i ...

Netflix (NASDAQ: NFLX) is grabbing headlines once again as analysts from top Wall Street firms revise their stock price targets following the company’s impressive Q3 2024 earnings.Netflix is currently at an all-time high on October 18, with NFLX shares trading hands at $753.72, up +$66.06 (9.61%) from the previous close, at the time of publication.Netflix 1-day stock price chart. Source: FinboldThe streaming giant’s strong quarterly performance, which saw profits soar by 41% and the addition of 5.1 million ...

Tesla’s (NASDAQ: TSLA) recent ‘We, Robot’ event, positioned as a showcase of the electric vehicle (EV) maker’s cutting-edge advancements in autonomous driving, has not panned out quite as well as the bigger bulls have hoped.Since then, developments have likewise been less than positive. In another hit for the company, U.S. authorities are probing a series of crashes – one of them fatal – involving cars equipped with ‘full self-driving (FSD),’ per a Bloomberg report from October 18.Said crashes occurred whil ...