Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.
CEO Elon Musk postpones India trip ahead of results expected to show worst performance in seven yearsBusiness live – latest updatesShares in Tesla came under pressure on Monday after the electric carmaker announced a round of price cuts ahead of a difficult set of results for the company’s chief executive, Elon Musk.Tesla stock fell as much as 5% in early trading before recovering slightly to a deficit of 3.4% in the wake of the price reductions around the globe, including slashing the cost of...
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Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10. Apple Park One week after claiming that Apple has increased its June quarter iPhone orders, Morgan Stanley now says that there are also rises in demand for other devices. Specifically, in a note to investors seen by AppleInsider, its analysts say that Mac shipments have grown year over year, which contributes to a rising March quarter...
Investing.com -- Wall Street looks set to end the year on a positive note,
Shares of Tata Steel have recovered 55% from their 52-week low touched in May last year. Tata Steel stock closed 1.38% lower at Rs 161.25 on Monday compared to the 52-week low of Rs 104.10 reached on May 19, 2023. In today’s session, the Tata Group stock managed to hold the Rs 160 mark for the tenth straight session even as the stock market saw a huge sell-off amid rising Iran-Israel tensions.Related ArticlesTata Steel shares touch all-time high on record Q4, annual output Nifty stocks: HDFC...
Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result. Apple CEO Tim Cook JP Morgan trimmed its Apple price target from $225 to $215 in February 2024, citing declining iPhone demand in China. Part of the new drop to $210, announced in a note seen by AppleInsider, is around the best time to get back into Apple stock ahead of the expected AI iPhone. The investment firm thinks that...
Shares of Exide Industries Limited zoomed over 6 percent to hit a new
The ad tier is also a "pricing power booster," argues one expert, because it "gives Netflix the ability to further stretch the upper end of its pricing range, as it serves a 'safety net' to potential churners."
In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reports dramatic sales drops compared against the same time last year.
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BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...