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Wall Street expert explains why Trump would be awful for EVs but great for Tesla
Finbold· 2024-07-12 10:29
Despite the post-debate chaos in the Democratic party, President Biden and former President Trump remain the most likely candidates in the upcoming elections, and their policies – and particularly the sharp differences between them – remain in sharp focus.Though Trump initially appeared as a better candidate for the American electric vehicle (EV) industry with his promises of protectionist tariffs, the situation changed both with the Republican’s pledges to the fossil fuel corporations and with Biden’s push ...
Tesla stock plummets after Robotaxi delay; What is next for TSLA stock?
Finbold· 2024-07-12 10:21
After an extensive rally that has seen Tesla (NASDAQ: TSLA) stock erase all the year-to-date losses and finally trade in the green in 2024, the unexpected and sudden hiccup in the Robotaxi unveiling event caused an 8.44% drop in a single trading session, with losses of 1.55% extending in the pre-market on July 12.TSLA stock 24-hour price chart. Source: FinboldThis meant that its competitors’ shares, such as Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT), have surged in response to the news, gaining 6.15% and 4.6 ...
Here's why Tesla stock might crash in August
Finbold· 2024-07-11 12:58
Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA) has arguably made the biggest comeback of 2024. After trading deeply in the red in the initial months of the year and even spending some time as the worst-performing stock in the S&P 500, it suddenly skyrocketed in value in late June.Indeed, the rally was significant enough that the stock, within less than two weeks, went from being approximately 25% down in the year-to-date (YTD) chart to being up 6.33%. In the last 30 days, the EV maker ...
Amazon stock price target 2025
Finbold· 2024-07-11 12:54
The previous 30 days brought a favorable gain to Amazon’s (NASDAQ: AMZN) stock as it tested the long-awaited $200 threshold. Wall Street analysts are optimistic about this e-commerce giant’s expanding prospect and its involvement in the ongoing artificial intelligence (AI) revolution.Pre-market gains of 0.66% will help AMZN stock open the July 11 trading session positively at $199.88 after suffering a decline of 0.16% in the previous five days.AMZN stock 5-day price chart. Source: FinboldShort-term prospect ...
Nvidia stock doomed? Insiders selling in droves
Finbold· 2024-07-11 11:45
The current strong performance of Nvidia (NASDAQ: NVDA), which posted a 10-for-1 stock split and continued with gains, has been overshadowed by a significant amount of insider selling, which may indicate that NVDA stock could soon reverse its price progression.NVDA stock closed the latest trading session at a valuation of $134.91 after adding 2.68% and 10.92% in the previous five trading days.Zooming out, the year-to-date (YTD) chart shows a substantial gain of 180% since January 1. NVDA stock YTD price cha ...
Michael Burry's top 3 stocks for the end of 2024

Finbold· 2024-07-11 10:06
Group 1: Michael Burry's Investment Performance - Michael Burry has continued to invest successfully in the stock market, with several holdings outperforming benchmark indices like the S&P 500 in 2024 [1] - RealReal (NASDAQ: REAL) has shown a significant year-to-date increase of 68.53% [1] Group 2: Baidu (NASDAQ: BIDU) - Baidu is positioned for strong performance in 2024, working to reduce reliance on foreign semiconductors and entering a deal with Tesla for self-driving car maps [2] - Analysts rate Baidu as a 'strong buy,' with an average price target of $142.84, indicating a potential upside of 45.84% [2][3] - The highest price target for Baidu is $181.69, while the lowest is $81.91, suggesting a forecast downside of 16.37% [2][3] Group 3: JD.com (NASDAQ: JD) - JD.com is the largest holding in Burry's portfolio, with expectations for significant returns despite past performance not being lucrative [4] - The stock is rated as a 'buy' by 6 experts and 'strong buy' by 32, with a 12-month price target of $40.45, reflecting a potential increase of 51.15% [4][5] - The highest price target for JD.com is $69.50, indicating a potential upside of 159.73%, while the lowest is $15.74, suggesting a downside of 41.17% [5] Group 4: Vital Energy (NYSE: VTLE) - Vital Energy is currently down 4.42% year-to-date but is expected to rise significantly in the coming months [6] - The stock has a diverse rating distribution, with 6 'strong buys,' 2 'buys,' 4 'holds,' and 1 each of 'sell' and 'strong sell' [6][8] - The average price target for Vital Energy is $65.43, indicating a potential increase of 51.42%, with the most bullish prediction reaching $105 per share [6][7]
ChatGPT-4o sets 12-month MSFT price as Microsoft exits OpenAI's board
Finbold· 2024-07-10 15:52
Core Viewpoint - Microsoft has seen a rally in its stock price due to its involvement in artificial intelligence, particularly through its investment in OpenAI, but has exited the OpenAI board to address regulatory concerns [1]. Group 1: Optimistic Scenario - Continued expansion in AI and cloud computing could significantly boost Microsoft's stock price, with predictions of a 15-25% increase, reaching between $530 and $580 in the next 12 months [2][3]. - Key factors for this optimistic outlook include: - AI Expansion: Investment in AI is expected to lead to substantial revenue growth from new AI services and products [3]. - Cloud Dominance: Azure's growth is anticipated to outpace competitors like Amazon Web Services and Google Cloud, solidifying Microsoft's market position [3]. - Strong Financial Performance: Consistently exceeding earnings expectations across cloud, enterprise software, and gaming sectors [3]. - Regulatory Compliance: Successfully addressing regulatory issues would enhance investor confidence [3]. Group 2: Bearish Scenario - Several risks could lead to a decline in Microsoft's stock, with predictions of a 10-20% drop, potentially falling to $370-$415 [5]. - Key risks include: - Regulatory Challenges: Heightened scrutiny could result in significant fines or operational limitations [5]. - Increased Competition: Rivals in AI and cloud computing may erode Microsoft's market share [5]. - Economic Downturn: A broader economic slowdown could reduce corporate IT and cloud spending, impacting revenue [5]. - Operational Hurdles: Issues with product launches or integration of acquisitions could create setbacks [5]. Group 3: Stable Environment - In a stable environment, ChatGPT-4o forecasts a modest 5-10% increase in Microsoft's stock, bringing it to $485-$510 [6]. - This scenario assumes continuous progress in key business segments and manageable compliance costs from regulatory scrutiny [6].
Top Picks: 2 Cathie Wood stocks for long-term investment
Finbold· 2024-07-10 14:50
Cathie Wood’s investment acumen gained widespread recognition in 2020 when exchange-traded fund (ETF), the technology-focused ARK Innovation (ARKK), posted a remarkable return of 149%. This surge in performance drew substantial attention to her investment strategies, particularly during the pandemic, which marked the peak of her firm’s popularity. While recent market volatility presents challenges, the expected interest rate cuts later this year could create a strategic opportunity for investors seeking to ...
Is the Tesla hype train about to crash TSLA stock?
Finbold· 2024-07-10 13:46
After struggling for much of 2024 and even being the worst-performing S&P 500 stock for multiple months, Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), made a major comeback after its most recent delivery report.Indeed, the stock not only made an impressive surge but rocketed enough to turn green – by 5.84% – in the year-to-date (YTD) chart and a staggering 51.34% in the last 30 days of trading. The ongoing rally ensured Tesla stock price today stands at $263.19.TSLA stock YTD price c ...
$1.9 trillion investment firm co-founder calls Tesla a meme stock, here's why
Finbold· 2024-07-10 12:18
Tesla (NASDAQ: TSLA) has been one of the standout performers in the S&P 500 in the previous month, as it added over 50% to its value, with almost 20% coming from the last five trading sessions alone. However, some think that TSLA has all the specifications of a meme stock.Namely, co-founder of Pacific Investment Management Company (PIMCO), an investment firm that manages nearly $1.9 trillion in assets, Bill Gross, in his recent tweet on X, said that TSLA stock acts as a meme stock as there are no fundamenta ...