Key TakeawaysTesla shares continued to add to their gains since the presidential election on optimism the electric vehicle maker will benefit from a Trump administration.Wedbush boosted its price target by $100, calling the Trump victory a "gamechanger" for the EV maker.The analysts said they believe Tesla's artificial intelligence and autonomous vehicle technologies will be worth $1 trillion. Tesla (TSLA) shares continued their post-election surge Monday, boosted by hopes of a reduction in regulations by a ...

Group 1 - Humana shares fell 5% in premarket trading after Cigna announced it is not pursuing a merger with Humana [2][3] - Cigna's stock rose 7% in premarket trading following the announcement [2] - Cigna had previously called off plans to acquire Humana due to disagreements on financial terms [2][4] Group 2 - Cigna stated it remains committed to its M&A criteria, focusing on acquisitions that are strategically aligned and financially attractive [3] - Cigna has repurchased $6 billion of its stock this year, with $1 billion in the fourth quarter, and plans to continue buybacks into next year [4] - Humana's stock has lost 37% of its value this year, while Cigna's stock has increased by approximately 7% [4]

Key Takeaways Home Depot reports earnings Tuesday morning, with analysts expecting higher revenue but lower profits compared to the same time last year. Recent quarters from Home Depot and rival Lowe's have disappointed as Americans put off big purchases to focus spending on essentials. JPMorgan analysts suggested sales could see a bump from hurricanes that impacted parts of the South in the quarter. Home Depot (HD) is set to report earnings before the bell Tuesday after its recent quarters have disappointe ...

Key TakeawaysDisney is set to report earnings Thursday morning, with analysts expecting revenue and profits to grow year-over-year. The profitability of its streaming operations and revenue for its theme parks and cruises have been in focus in recent quarters.The company recently announced a new chairman of the board, and said it will decide on CEO Bob Iger's successor by early 2026. The Walt Disney Co. (DIS) is set to report earnings Thursday morning, rounding out its results for fiscal 2024. Analysts expe ...

Core Insights - Amazon shares have reached record highs, driven by optimism regarding growth in the cloud business, particularly Amazon Web Services (AWS) [2][3] - The stock has broken out from a symmetrical triangle pattern, indicating a continuation of its long-term uptrend [4][6] - A bullish price target of approximately $250 has been projected, representing a potential increase of about 20% from recent closing prices [6] Financial Performance - Amazon reported better-than-expected quarterly results, with AWS experiencing its fastest revenue growth in seven quarters [2] - The stock closed at around $208, marking a weekly gain of 5.2%, outperforming the S&P 500's increase of 4.7% [3] Technical Analysis - The breakout from the symmetrical triangle occurred in late October, with buying momentum continuing into early November on above-average volume [4] - The relative strength index (RSI) is nearing 70, indicating strong price momentum but also suggesting potential short-term dips as investors may lock in profits [5] Price Targets and Support Levels - A chart-based bullish price target of around $250 has been established, based on historical trends from October last year to July this year [6] - Key support levels to monitor include $200, which is expected to attract buying interest, and $188, where investors may look for entry points during deeper pullbacks [8]

Core Insights - President-Elect Donald Trump stated he has "no intention of selling" shares of Trump Media & Technology Group, addressing rumors to the contrary [1][2] - This statement positively impacted the stock price of Trump Media & Technology Group, which saw a rise of 16% after earlier declines [2] - Concerns regarding Trump's potential sale of shares have negatively affected the company's stock performance in recent months [3] Stock Performance - Trump Media & Technology Group's stock has experienced volatility, currently trading around $32, with fluctuations between lows of $28 and highs of $45 [3] - The stock faced significant pressure in September, dropping to nearly $12 due to worries about the expiration of lock-up agreements limiting Trump's ability to sell shares [3] - Trump's stake in the company is valued in the billions, and this is the second time he has publicly confirmed his intention to hold [4]

Tesla Stock Performance - Tesla shares surged more than 9% on Friday, reaching around $325, breaking the $300 level for the first time since 2022 [2] - The stock gained 30% this week, boosting Tesla's market capitalization above $1 trillion [1][2] Analyst Upgrades and Price Targets - Bank of America raised Tesla's price target to $350 from $265, citing potential lighter EV regulation under a Trump administration [1][3] - Wedbush reiterated its outperform rating and $300 price target, noting Tesla's scale advantage if EV subsidies are scrapped [6] Potential Impact of Trump Administration - Analysts believe a Trump presidency could benefit Tesla through lighter regulation and a national standard for self-driving vehicles [3][4] - Trump's expected plans to ease environmental regulations and impose higher tariffs on China could slow rival automakers' EV ramp-ups [4] - Wedbush sees a Trump presidency as a "huge positive" for Tesla, despite potential negative impacts on the broader EV industry [6] Competitive Landscape - Tesla's EV rivals, such as Rivian and Polestar, face pressure due to investor fears of Trump unwinding EV incentives [7] - Rivian lowered its 2024 vehicle production projection to 47,000-49,000 from 57,000 due to parts shortages [7] Robotaxi and Self-Driving Prospects - Bank of America analysts highlighted the potential growth of Tesla's robotaxi business under lighter regulation [3] - Trump's support for a national standard for self-driving vehicles could facilitate Tesla's planned robotaxi rollout [4]

Core Insights - Doximity shares surged nearly 40% in premarket trading following strong second quarter results and an optimistic outlook for the fiscal year [2][5] - The company reported $136.8 million in revenue for Q2 2025, a 20% increase year-over-year, surpassing analyst expectations of $128.4 million [3] - Doximity's profit for the quarter was $44.2 million, exceeding the projected $37.9 million [3] Revenue and User Metrics - Over 600,000 medical professionals utilized Doximity's networking and productivity tools in the quarter, indicating strong engagement [3] - The company projected third quarter revenue between $152 million to $153 million, above the analyst consensus of $142.7 million [4] - Doximity raised its full-year revenue guidance to a range of $535 million to $540 million, up from the previous range of $514 million to $523 million [5] Market Reaction - Following the earnings report, Doximity shares rose 38.6% to $60.19, marking the highest opening price since March 2022 [5]

KEY TAKEAWAYSNvidia joined the Dow Jones Industrial Average Friday, replacing storied chipmaker Intel as the artificial intelligence darling cements its position as the world’s most valuable company.Nvidia shares, which are falling 1.2% in premarket trading, have risen nearly three-fold since the start of the year, driven by the AI frenzy, while Intel is down almost 50%.Paint maker Sherwin-Williams also became a member of the blue-chip index Friday, supplanting chemical giant Dow. Nvidia (NVDA) joined the D ...

Core Insights - AppLovin shares surged after the company reported better-than-expected results and a positive outlook, driven by increased digital advertising spending on its AI-powered platform [2][4] - The stock experienced a breakaway gap with the highest trading volume since August, indicating strong buying interest from larger market participants [5] - Technical analysis suggests a potential price target of around $360, approximately 45% above the recent closing price, with a bullish trend expected to continue until late March next year [7][8] Financial Performance - AppLovin reported a 66% increase in software revenue for the quarter, attributed to enhancements in its AXON platform that allowed advertising partners to scale their spending [3] Stock Performance - On Thursday, AppLovin shares rose 46% to $246.53, marking a more than six-fold increase since the beginning of the year, making it the best-performing technology stock in 2024 with a market capitalization of over $5 billion [4] Technical Analysis - The relative strength index (RSI) indicates strong bullish momentum but also suggests overbought conditions, which may lead to short-term profit-taking [6] - Key support levels to monitor include $228 and $172, with the former being crucial to maintain the current bullish trend [9][10]