In a report released on Thursday, August 26, Gordon Johnson of GLJ research reiterated his long-standing ‘Sell’ rating on Tesla (NASDAQ: TSLA), maintaining a low price target of just $24 set two months ago.Johnson has long been a proponent of the view that Tesla is massively overvalued and losing the R&D race, particularly considering the recent success of Google’s (NASDAQ: GOOGL) subsidiary Waymo.A longtime Tesla bear, Johnson has maintained a generally bearish outlook on the wider market for years — at pr ...

Despite Nvidia (NASDAQ: NVDA) taking center stage in the artificial intelligence (AI) and data center market, Advanced Micro Devices (NASDAQ: AMD) might still become a strong challenger, and a leading investor believes now is the time to take the opportunity and purchase its stocks.As it happens, 5-star investor Victor Dergunov has expressed his view that AMD might soon experience a massive turnaround, predicting substantial growth in the future, arguing that this was the right moment to “take the plunge” a ...

Insider trades provide investors with added context through which they can extrapolate conclusions about a stock’s near or medium-term outlook. To use a simple hypothetical example, rarely would any trader enter a long position on a stock that’s significantly up if the members of the board are dumping inordinate numbers of shares.On September 23, data retrieved by Finbold’s SEC-verified insider stock trades signals revealed Tesla (NASDAQ: TSLA) chief financial officer (CFO) Vaibhav Taneja sold $2 million in ...

Late on Wednesday, September 25, the fast food giant McDonald’s (NYSE: MCD) offered its investors a welcome surprise: a hefty dividend yield increase.To be precise, the restaurant chain increased its dividends by 6%, meaning its yield now stands at 2.35% instead of the previous 2.22%. The 48th annual increase in a row has sent the quarterly payments from $1.67 per share to $1.77 and the annual figure to $7.08, based on the September 25 closing price of $300.47. McDonald’s stock dividend history chart. Sourc ...

Since Mark Zuckerberg rebranded Facebook to Meta Platforms (NASDAQ: META) on October 28, 2021, the resulting company’s success has continued to demonstrate why this was such a good decision, including in terms of its earnings, as well as the price of its stocks.Specifically, since the rebrand announcement, META stock has increased its price from $323.57 to $577.45, or almost 79%, while the most remarkable growth occurred after the significant dip to the low of $90.79 in early November 2022, based on the mos ...

After experiencing a strong downtrend at the start of September and trading near $87 through much of the month, Micron (NASDAQ: MU) stock suddenly exploded in extended session trading between Wednesday, September 25, and Thursday, September 26.MU stock 5-day price chart with the extended session rally. Source: FinboldTo be precise, MU shares ended the last session 1.88% in the green at $95.77% but then rocketed more than 15% to Micron’s price today, at press time, of $110.36. The uptrend started in after-ho ...

Micron Technology (NASDAQ: MU) has seen solid performance in the last year. Although the stock is currently up 33.88% year-to-date (YTD), a full 20% of those gains occurred over the past five days — and September 25 alone accounts for 12% of the upswing.Backtracking provides a clearer picture of MU’s price action in 2024. The stock spent the vast majority of the time in the green since the beginning of the year, reaching an all-time high of $153.45 in July.The following months saw a significant price revers ...

The share price of electric vehicle manufacturer Tesla (NASDAQ: TSLA) is creating a buzz in the market amid anticipation of impressive Q3 2024 results, and now analysts are stepping in to offer their outlook on the equity.Specifically, Piper Sandler analyst Alexander Potter has raised his price target on Tesla from $300 to $310, citing a potential record-breaking third quarter for the electric vehicle giant.Potter supports this outlook by highlighting the company’s expected deliveries of 459,000 units for t ...

Following a prolonged period of insider trading for Nvidia (NASDAQ: NVDA) stock, during which its largest shareholders, led by CEO Jensen Huang, have offloaded millions in NVDA shares, it looks like the company’s top man is done with selling – at least for now.Indeed, it seems that the Nvidia CEO is no longer dumping his company’s stock for the time being, considering he has already fulfilled the plan to get rid of six million NVDA shares ahead of time, and the stock price has responded to this development ...

Nvidia’s (NASDAQ: NVDA) share price is recording positive momentum after sustained weakness, during which the equity struggled to breach the $120 resistance mark.The gains come after NVDA failed to replicate the general market momentum that had turned bullish after the Federal Reserve interest rate cut.As of press time, NVDA was up over 4%, trading at $121 during the Tuesday, September 24 session. The momentum has helped the semiconductor giant erase losses on the weekly chart, where the equity is up 4.8%. ...