Monday's Final Takeaways: BABA Bounces Back, TSLA Volatile & Bitcoin Slide Continues

Tesla - Tesla received a price target increase from Stifel to $58, up from $4.83, while maintaining a buy rating due to improved performance of its full self-driving driver assistance product [2] - Elon Musk suggested that Tesla may build its own factory for AI computing chips, citing concerns over the semiconductor industry's ability to meet quality and speed demands for his AI vision [3] - Tesla is reportedly working to decouple its US supply chain from China, instructing suppliers to eliminate all China-made components from parts destined for US factories, with a goal to switch to non-Chinese sources within two years [4] Bitcoin - Bitcoin prices have fallen nearly 30% from early October highs, currently trading in the $91,000 range, with Michael Saylor viewing this as a buying opportunity [5][6] - Strategy disclosed a purchase of over $835 million in Bitcoin in the week ending Sunday, marking its largest acquisition since July, bringing total holdings to just under 650,000 tokens, valued at approximately $61.7 billion [5][6] Palo Alto Networks - Palo Alto Networks experienced a slight decline of about 1% ahead of its earnings report, with analysts boosting price targets to $230 from $225, maintaining an outperform rating [6][7] - Analysts expect strong performance in subscription growth, product revenue growth, and margin expansion, despite negative sentiment surrounding the stock [8] Home Depot - Home Depot is set to report earnings with EPS expected at approximately $3.81 on revenue of just under $41 billion, and comparable store sales anticipated to rise by about 1.5% [10] - The company previously announced price increases in certain categories to offset tariff impacts, and investor focus will be on customer responses and updates on its pro business segment [10][11] Baidu - Baidu, referred to as China's Google, will have its ad business closely scrutinized as it faces pressure from a challenging economic environment and local competition from Chinese video platforms [12][13] - Investors will also focus on Baidu's non-marketing revenue, particularly its cloud business and autonomous driving initiatives [13] Microsoft - Microsoft is expected to provide updates on its AI progress during the Ignite event, amid volatility in big-cap tech stocks related to AI valuations and spending plans [14]