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[Winners Announcement:17 Dec]
1.Here are the 5 Tigers whose post has the best quality & interaction yesterday: @Mickey082024 @nerdbull1669 @JC888 @yourcelesttyy @εζη―
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π Tesla Hits All-Time High of $463 β What's Next?
2.Here are the stocks mentioned by the above Tigers: $Costco(COST)$ $Tesla Motors(TSLA)$ $NVIDIA(NVDA)$ $Amazon.com(AMZN)$ $Accenture PLC(ACN)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins: @Barcode @Shyon @ιθ·―δΊΊ @Tiger V @ιΊ₯ε‘ε« 18 @NightMorph
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 267.58 points, or 0.61%, to 43,449.90, the S&P 500 slid 23.47 points, or 0.39%, to 6,050.61 and the Nasdaq Composite dropped 64.83 points, or 0.32%, to 20,109.06.
$Tesla Motors(TSLA)$ was up 3.6% to $479.87, which is a fresh record closing high. Wedbush analyst Dan Ives boosted his price target on the stock to $515 a share, a Wall Street high, from $400. Ives' "bull case" is $650 a share. The new price target values Tesla at about $1.7 trillion, while the "bull case" values it at about $2.1 trillion. Mizuho analyst Vijay Rakesh late Monday also upgraded Tesla to Outperform from Neutral and joined Ives in increasing his price target to $515, up from $230. Rakesh noted that self-driving cars were the main reason he has become more bullish.
$NVIDIA(NVDA)$ was down 1.2% to $130.39 after shares of the leading designer of artificial-intelligence chips fell into correction territory on Monday. Shares have declined about 12% from their closing high of $148.88 last month. Wall Street is waiting for evidence of how quickly Nvidia can ramp up sales of its Blackwell AI chips. Even after its recent slump, Nvidia remains up 163% this year.
$Pfizer(PFE)$ rose 4.7% after the drugs giant affirmed 2024 guidance and said it expects revenue in 2025 between $61 billion and $64 billion, compared with analysts' expectations of $63.3 billion. The company also said it has been working through several cost-cutting programs. Pfizer said those remained on track and it would see an additional $500 million in savings next year.
Japan's Honda and Nissan to begin merger talks, Nikkei reports
Japanese auto giants Honda Motor and Nissan Motor will start negotiations to merge as they face growing competition from bigger global electric vehicle makers, the Nikkei newspaper reported on Tuesday.
The carmakers have increased ties in recent months as they wrestle with the changing EV landscape. Heavy competition from Tesla and local rivals in China, a nation rapidly adopting EVs, and stalling demand in Europe and the U.S. have intensified the pressure traditional automakers face.
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Comments
Iβve voted $Tesla Motors(TSLA)$ for increase is up more than 3% for how much Tesla will move today - being πΊπΈUSA EST for the 17th of December NZ 18th of December based on BCβs fib levels and cause I love πππ Tesla! Thank you Tiger team for making me a π€©βοΈπ Star Contributor! πππ