Tesla stock, viewed by analysts as a beneficiary of a Trump Administration, gained 5% in the first day of trading after its CEO Elon Musk endorsed Trump following the attempt on Trump’s life.
Apple can generate a whopping $485 billion in iPhone revenues over the next two years as users upgrade to AI-enabled devices, according to Morgan Stanley analyst projections.
Amazon is a $2 trillion company for first time ever
Analysts expect Microsoft and Nvidia to become more profitable than Apple before the end of the 2020s.
It’s Apple stock’s best day since October 2022.
Apple CEO Tim Cook unveiled the company’s “profound new intelligence capabilities” Monday.
Gill owns five million common shares of GameStop and even more in call options, according to unverified posts from his Reddit account, a position worth well over $100 million.
Tesla shareholders will decide next week whether to reinstate CEO Elon Musk’s unprecedented 11-figure bonus, a decision Wall Street classifies as a pivotal moment for the carmaker as the centibillionaire’s head turns to his various other endeavors.
Apple has now officially wiped out its 15% drawdown from January to April as the market sold Apple stock and bought others seen as more in-vogue AI bets.
Tuesday’s selloff was almost certainly not related to Monday’s technical error which briefly showed a 100% loss for Berkshire, but it was a puzzling loss.