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2 Tesla rivals to turn $100 into $1,000 in 2025
Finbold· 2024-09-11 18:31
For years, Tesla (NASDAQ: TSLA) has dominated the electric vehicle (EV) market, with the company’s stock ranking among the go-to options for investors seeking a stake in the industry. However, in 2024, TSLA has been impacted by slowing demand and increased competition in the general EV market. Overall, most companies in the space have the potential to offer high returns as EVs grow in popularity. Beyond Tesla, other players are providing alternative options for investors, with the potential to turn an inves ...
Analysts set Tesla (TSLA) stock price target
Finbold· 2024-09-11 12:34
Tesla (NASDAQ: TSLA) surged on Tuesday, September 10, fueled by a fresh “Buy” rating from Deutsche Bank.The electric vehicle (EV) giant saw its shares climb 4.6%, closing at $226.17, after a solid 2.6% gain on Monday. While the broader market had a mixed day— with the S&P 500 index inching up 0.5% and the Dow Jones slipping 0.2%—Tesla remained in the fast lane.Tesla 5-day price chart. Source: FinboldDeutsche Bank analyst Edison Yu initiated coverage with a bullish $295 price target, stepping in after former ...
Here's why ‘nothing is stopping' Tesla (TSLA) from hitting $280
Finbold· 2024-09-11 12:26
Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is among the notable market winners after the September 10 trading session, as the overall stock sector seeks to move past recent bearish sentiments.Currently, the stock is trading at $226, gaining over 4% in 24 hours. On the weekly chart, TSLA is up over 7%.TSLA one-week stock price chart. Source: Google FinanceTesla stock prediction Regarding the next TSLA move, trading expert Peter DiCarlo, in an X analysis on September 11, pointed out that the stoc ...
Analysts revise Apple stock price target after iPhone 16 reveal
Finbold· 2024-09-11 08:23
After Apple (NASDAQ: AAPL) recently unveiled its new products, including the iPhone 16, Wall Street analysts’ ratings have been pouring in, with most of them retaining their original ratings and targets but some revising their Apple stock price targets for the next 12 months.As it happens, Apple has triggered a wave of optimism after debuting its recent product line, which it believes might kickstart a new major sales cycle after several years of lagging iPhone sales amid hardware upgrades nearing their pea ...
Nvidia (NVDA) stock faces disaster ahead, according to historical analysis
Finbold· 2024-09-10 17:50
Nvidia (NASDAQ: NVDA) investors will likely wait longer to see the stock mount a significant rally after facing bearish sentiments partly tied to the general market slowdown in recent months.Notably, as of press time, Nvidia was trading at $106, having made minimal gains of about 0.1% in the past 24 hours. However, the stock is down over 2% on the monthly chart.NVDA one-month stock price chart. Source: FinboldNvidia’s bearish outlookTrading expert TradingShot shared the bearish outlook in a TradingView post ...
Two Nvidia stock rivals to turn $100 into $1,000 in 2025
Finbold· 2024-09-09 16:15
Nvidia (NASDAQ: NVDA) remains one of the most successful stories in the stock market, fueled by the company’s venture into artificial intelligence (AI) space.Beyond the ongoing short-term market volatility, Nvidia has rallied by a staggering 117% in 2024. Analysts maintain that NVDA still has several bullish catalysts, particularly the expectation that Nvidia’s revenue will soar due to ongoing demand for its AI chips.However, despite Nvidia’s dominance in the semiconductor and AI market, it faces competitio ...
Here's Nvidia's (NVDA) worst-case scenario to look out for
Finbold· 2024-09-09 11:02
Investors anticipating a possible rebound in Nvidia’s (NASDAQ: NVDA) share price might have to wait longer, as technical indicators suggest a grim outlook for the short term.As a recap, Nvidia ended the September 7 trading session valued at $102, reflecting 24-hour losses of about 4%. Indeed, over the past week, NVDA has been dominated by bearish sentiments, plunging almost 9%.NVDA one-week stock price chart. Source: FinboldIn the meantime, the stock is looking positive ahead of the market opening on Septem ...
Is Nvidia (NVDA) set for further losses below $100?
Finbold· 2024-09-08 18:04
Nvidia (NASDAQ: NVDA) has faced notable challenges in September as the equities market experiences turbulence amid widespread economic uncertainty. Notably, the semiconductor giant has recorded one of its worst weeks in recent history, plunging over 9% and struggling to maintain its valuation above the $100 support zone. By the close of markets on September 6, NVDA was valued at $102, having dropped over 4% on the day.NVDA one-week stock price chart. Source: FinboldOverall, the stock has seen a notable decl ...
Why AMD stock is down today
Finbold· 2024-09-06 15:24
As the early September stock market amply demonstrated, the fate of Advanced Micro Devices (NASDAQ: AMD) is closely linked to that of its peers in the technology and semiconductor industry.Though the stock appeared primed for strong moves as it was widely expected to grab market share from its competitor Intel (NASDAQ: INTC) – a company so badly pressured that it is down 60% in 2024 and that there are rumors it will be removed from the Dow Jones index – and experience something of a renaissance, the last 5 ...
Wall Street sets Tesla (TSLA) stock price for next 12 months
Finbold· 2024-09-06 15:10
On Thursday, September 5, Tesla (NASDAQ: TSLA) announced the expansion of its Full-Self Driving (FSD) feature to customers in Europe and China in the first quarter of 2025, pending regulatory approval.Due to popular demand, Tesla AI team release roadmap:September 2024– v12.5.2 with ~3x improved miles between necessary interventions– v12.5.2 on AI3 computer (unified models for AI3 and AI4)– Actually Smart Summon– Cybertruck Autopark 📐– Eye-tracking with sunglasses 🕶️ -…— Tesla AI (@Tesla_AI) September 5, 202 ...