Core Viewpoint - Analysts from Baird suggest that Tesla's upcoming first-quarter delivery numbers may disappoint, as the consensus estimate of 437,500 deliveries is significantly higher than their own expectation of 369,400, representing a difference of approximately 16% [1] Summary by Category - **Delivery Estimates** - Wall Street's consensus estimate for Tesla's deliveries is 437,500 [1] - Baird analysts expect deliveries to be only 369,400 [1] - **Price Target Adjustment** - Baird analysts have reduced their price target for Tesla's stock from $440 to $370 per share [1] - **Stock Designation** - The stock has been designated as a "bearish fresh pick" by Baird analysts [1]

Core Insights - The "Big Three" U.S. automakers, Ford Motor Co., General Motors Co., and Stellantis NV, are expected to increase their inventories now that they have received a reprieve from tariffs on Canadian and Mexican products [1] Group 1 - Ford Motor Co., General Motors Co., and Stellantis NV are likely to build up inventories as quickly as possible [1]

Core Viewpoint - Marvell Technology Inc. reported better-than-expected results and guidance, but the stock did not respond positively, indicating a tougher scrutiny from Wall Street on artificial intelligence-related companies [1] Financial Performance - The company anticipates revenue of $1.875 billion for its fiscal first quarter, which is slightly above the FactSet consensus estimate of $1.865 billion [1]

Tesla had its second straight difficult month in Germany, as data released Wednesday showed that vehicle registrations fell 76% in February in Europe’s largest economy.Germany’s federal motor-transport authority, known by its German acronym KBA, reported the sales-registration data, which was set against a 6.4% decline for the broader market. But electric-vehicle sales overall improved by 31% year-over-year. ...

Core Viewpoint - The recent sharp selloff in Palantir Technologies Inc. shares has led to a change in sentiment from a former bear, resulting in an upgrade of the stock rating [1] Summary by Relevant Sections - Stock Performance - Palantir's stock experienced a decline of approximately 30% over the past three weeks [1] - Following this decline, the stock saw an increase of roughly 3% in premarket trading on Wednesday [1] - Analyst Action - Louie DiPalma from William Blair upgraded Palantir's stock rating from underperform to market perform on Wednesday [1]

Group 1 - Ross Stores Inc. shares declined after hours due to forecasts of weaker same-store sales for the year, attributed to recent slowing trends and adverse weather conditions [1] - The company anticipates same-store sales to range from a decline of 1% to an increase of 2%, which is below FactSet's expectation of a 3% gain [2] - Earnings per share are projected to be between $5.95 and $6.55, compared to FactSet's forecast of $6.67 [2]

Group 1 - Microsoft Corp. shares have recently declined alongside other technology stocks, particularly in the context of the artificial intelligence sector [1] - Evercore ISI analysts believe that the current share price reflects excessive fears related to the macroeconomic environment, while fundamental positives are being overlooked [2] - The analysts have reiterated a price target of $500 and an outperform rating for Microsoft shares [2]

Tesla Inc.’s stock is hovering at a four-month low and testing new depths on Tuesday after analysts at BofA Securities slashed their price target on the stock and gave investors a fresh reminder of why to worry.The stock TSLA has been under pressure in recent weeks as concerns mount about the involvement of Elon Musk, the company’s chief executive, in politics, particularly around his efforts at the so-called Department of Government Efficiency, or DOGE, which have soured many people on the brand in the U.S ...

Starbucks Corp. has appointed Cathy Smith as the company’s chief financial officer and executive vice president, the coffee chain announced in a filing Tuesday.The company said that Smith is joining Starbucks SBUX from Nordstrom Inc. JWN, where she has served as chief financial officer, executive vice president and treasurer since 2023. Smith has previously served as CFO of Bright Health Group, Target Corp. TGT, Express Scripts, Walmart Inc.’s WMT international division, GameStop Corp. GME, Centex, Kennamet ...

Yum Brands Inc. said Tuesday it expects first-quarter same-store sales growth at Taco Bell to outpace its overall pace as it plans to grow the fast-food chain’s footprint.Yum Brands YUM said it expects first-quarter same-store sales growth of 8% for Taco Bell. That’s well ahead of the 2.7% FactSet consensus estimate for Yum Brands’ companywide same-store sales growth. ...