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Futures Fall As AI Selloff Resumes
ZeroHedge· 2026-02-17 13:39
Market Overview - US equity futures resumed their selloff after a brief bounce, with S&P 500 futures down 0.5% and Nasdaq 100 contracts falling 1.0%, driven by concerns over AI disruption [1] - All major tech stocks in the "Magnificent 7" are lower, with notable declines in Nvidia (-0.9%) and Alphabet (-1.5%) [3] - Energy, financials, industrials, and defensive sectors showed pockets of outperformance amid the broader market decline [1] Corporate News - Activist investor Elliott has built a significant stake in Norwegian Cruise Line, leading to a rise of over 7% in its shares [4] - Apple is set to hold a product launch on March 4, which may impact its stock performance [3] - ImmunityBio shares rose 6% after receiving encouragement from the Saudi Food and Drug Authority to submit a regulatory package for its bladder cancer therapy [4] - Masimo shares surged 34% following reports of a nearly $10 billion acquisition deal by Danaher [4] AI and Technology Sector - Investors are cautious about the profitability of AI spending, with concerns about competition and potential disruptions to various industries [6][7] - A record number of investors believe companies are overspending on AI, with 25% citing an "AI bubble" as a top market risk [10] - Despite selloff concerns, two-year forward earnings estimates for software stocks have risen, indicating resilience in the sector [11] Economic Indicators - Upcoming economic data includes the ADP employment change, Empire State manufacturing survey, and NAHB housing market index for February, which could influence market sentiment [1][22] - The UK unemployment rate rose to 5.2%, leading to increased expectations for a Bank of England rate cut [16] Commodities and Geopolitical Factors - Oil prices rose due to geopolitical tensions, particularly military drills by Iran in the Strait of Hormuz, impacting Brent crude prices [13][48] - Gold prices have declined, with spot gold dropping toward $4,900 an ounce amid a risk-off sentiment [1][48]
X @Bloomberg
Bloomberg· 2026-02-17 13:00
You can sometimes have too much cost-cutting corporate “efficiency,” writes @chrismbryant. Just look at the company that makes Jeeps (via @opinion) https://t.co/gAgfJRPvPG ...
Rivian Passes First Key Test
Seeking Alpha· 2026-02-17 13:00
I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in the markets for several years, and am primarily focused on long/short equities. I hold a Bachelor of Science Degree from Lehigh University, where I double majored in Finance and Accounting, with a minor ...
Tesla Stock Falls. Why It Needs To Hold This Crucial Level.
Barrons· 2026-02-17 12:47
Tesla stock snapped a two-week losing streak this past week. ...
今年要冲击18万辆销售目标!东风奕派春节送上购车大礼包
Nan Fang Du Shi Bao· 2026-02-17 12:42
马年伊始,东风奕派就送上一份"开年大礼",为消费者推出以"马年如奕限时加码"为主题的限时购车政 策。 东风奕派官方宣布,从即日起至3月18日,下订奕派007系列、奕派008、纳米06车型,凭湖北省机动车 发票,至高可享6000元立减福利。此外,购买东风奕派旗下车型,消费者还可享至高万元购置税补贴、 7年超低息金融方案等多重权益。 其中,奕派008推出限时10000元专享购置税补贴、至高15000元置换补贴等福利;即日起至2月28日前, 凡在东风奕派官方APP/小程序下订奕派008的用户,还可领取2000元"马利"红包。在金融端,推了7年超 低息、首付15%起、日供仅64元起购车政策。 而奕派007系列,如选择此时入手,消费者不仅可享5000元专享购置税补贴,还有7年超低息、首付15% 起、日供低至52元起;或0首付、0利息、低月供两种金融方案可选。 纳米06方面,除可享5年0息0首付的新春金融礼外,还支持7年超低息、首付15%起、日供低至36元起金 融方案。作为"天元智能"品牌技术的首款量产国民纯电车型,此举进一步降低了消费者的入手门槛。 除以上车型,纳米01也携4000元购置税补贴、5年0首付0利息的新春金 ...
JETOUR Launches Global Micro-Film Initiative to Redefine Brand Storytelling in the Auto Industry
Globenewswire· 2026-02-17 12:41
Core Perspective - JETOUR's initiative "Life's a Journey" aims to redefine brand storytelling in the automotive industry by focusing on the emotional aspects of travel rather than technical specifications [3][5][13] Group 1: Brand Strategy and Evolution - "Travel+" has been JETOUR's strategic direction for eight years, evolving from a functional concept to a broader cultural expression, contributing to over 2.15 million cumulative sales [4][13] - The "Life's a Journey" project is a natural extension of the "Travel+" concept, emphasizing movement and lifestyle [4][8] Group 2: Storytelling and User Engagement - The initiative features filmmakers exploring universal themes like love and self-discovery, positioning the vehicle as a companion rather than the focal point [5][10] - The short film "First Encounter" exemplifies this approach, receiving multiple awards and recognition, which highlights the project's cinematic quality and brand values [7][8] Group 3: Community and Co-Creation - High-quality storytelling has led to organic user participation on social media platforms, with users sharing their own journey stories inspired by the films [9][12] - JETOUR's shift from a traditional commercial framework to a model that places users at the center of the narrative transforms the brand-user relationship, fostering a dynamic, globally-shared community [10][14]
Market expert warns Tesla stock could crash to $217
Finbold· 2026-02-17 12:32
Core Viewpoint - Tesla stock is nearing a critical technical inflection point, with $399 identified as a key support level that could determine the stock's stability or lead to a deeper correction [1][2]. Technical Analysis - A decisive break below $399 could expose Tesla stock to lower technical targets at $325, $266, and $217 [2]. - The year-to-date decline of 4.71% is considered modest, especially in light of negative sales forecasts for 2025 and poor vehicle registration figures in Europe [3][5]. - Tesla's stock is currently up 17.88% over the past 12 months, despite challenges faced in the business environment [9]. Market Context - The electric vehicle industry is experiencing a broad slowdown, with significant declines reported by other major companies, such as BYD in China [8]. - Elon Musk's relationship with the Trump administration has negatively impacted sales in Europe and could affect the U.S. market as well [7]. Investor Sentiment - Despite the potential risks, Tesla has managed to avoid catastrophic crashes, indicating a level of resilience in its stock performance [2].
X @Bloomberg
Bloomberg· 2026-02-17 12:29
Tighter Mexican government controls to stop fuel-smuggling and tax evasion have led to shortages of lubricants and greases needed at auto plants https://t.co/2cgfOJwAIc ...
Rivian (RIVN) Gains Momentum as R2 Launch Stays on Track
Yahoo Finance· 2026-02-17 12:07
Rivian Automotive Inc (NASDAQ:RIVN) is one of the AI Stocks to Watch. Wall Street believes Rivian Automotive Inc (NASDAQ: RIVN) is not for the faint of the heart. On February 13, Deutsche Bank analyst Edison Yu upgraded Rivian Automotive Inc (NASDAQ: RIVN) to Buy from Hold, raising its price target to $23 from $16. Rivian stock is not for the faint of the heart and we certainly don’t expect a straight path forward but we see early signs that the company’s prospects are inflecting. The firm believes that ...
Elon Musk Says Tesla Will Have 'Largest Fleet' Of Autonomous Vehicles As Far Into The Future As He Can Imagine
Yahoo Finance· 2026-02-17 12:01
Core Viewpoint - Tesla CEO Elon Musk anticipates that the company will maintain the largest fleet of autonomous vehicles for the foreseeable future [1][2]. Group 1: Tesla's Autonomous Vehicle Strategy - Tesla is currently conducting trials of its Robotaxis in Austin as part of its efforts to enhance its autonomous vehicle capabilities [2]. - The company is investing in artificial intelligence and machine learning to improve its self-driving features [2]. Group 2: Competitive Landscape - The competition for autonomous vehicle leadership is intensifying, with Tesla and Alphabet's Waymo being key players [3]. - Tesla's self-driving technology primarily relies on cameras, while Waymo focuses on achieving standards that exceed human driving capabilities [3]. Group 3: Technological Developments - Nvidia's Alpamayo model, introduced at CES 2026, represents a significant advancement in physical AI, utilizing radar, cameras, and LiDAR for human-like reasoning [4]. Group 4: Insurance Implications - Investor Jim Chanos has raised concerns regarding Tesla's partnership with Lemonade on reduced insurance rates for full self-driving (FSD) vehicles, suggesting that true FSD will necessitate manufacturers to assume liability, which could alter the insurance landscape [5].