Tesla's future
Analyst: Dump Tesla - 24 percent downside
Tesla's stock has risen 22 percent on the New York stock exchanges in September. The rise can be partly explained by the hype ahead of the company's robot taxi event in October, reports CNBC.
But Wall Street is skeptical about whether the electric car giant can live up to expectations
UBS analyst Joseph Spak advises investors to sell the stock, pointing to a 24 percent downside from Friday's close.
- It is unlikely that Tesla will launch its robot taxi services on a large scale in the next few years, he tells the channel.
The average target price among analysts surveyed by LSEG is just under $211, indicating a downside of 19 percent from current levels.
Analyst: Dump Tesla - 24 percent downside
Tesla's stock has risen 22 percent on the New York stock exchanges in September. The rise can be partly explained by the hype ahead of the company's robot taxi event in October, reports CNBC.
But Wall Street is skeptical about whether the electric car giant can live up to expectations
UBS analyst Joseph Spak advises investors to sell the stock, pointing to a 24 percent downside from Friday's close.
- It is unlikely that Tesla will launch its robot taxi services on a large scale in the next few years, he tells the channel.
The average target price among analysts surveyed by LSEG is just under $211, indicating a downside of 19 percent from current levels.
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Meta's future
Zuckerberg now the world's fourth richest after the stock market rally
Mark Zuckerberg's fortune is for the first time over 200 billion dollars after having increased sixfold in the last two years, writes Bloomberg.
The meta-founder's bet on the metaverse first appeared to be a flop when over $100 billion of his fortune disappeared in the price crash. But now the investment has paid off, notes the news agency.
According to Bloomberg's billionaire index, Zuckerberg is worth $201 billion. That gives him fourth place among the world's richest people after Elon Musk, Jeff Bezos and Bernard Arnault.
The election in the United States|The electoral movement
Zuckerberg now the world's fourth richest after the stock market rally
Mark Zuckerberg's fortune is for the first time over 200 billion dollars after having increased sixfold in the last two years, writes Bloomberg.
The meta-founder's bet on the metaverse first appeared to be a flop when over $100 billion of his fortune disappeared in the price crash. But now the investment has paid off, notes the news agency.
According to Bloomberg's billionaire index, Zuckerberg is worth $201 billion. That gives him fourth place among the world's richest people after Elon Musk, Jeff Bezos and Bernard Arnault.
The election in the United States|The electoral movement
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Bill Ackman: Donald Trump can end the wars
Hedge fund billionaire Bill Ackman believes that Donald Trump has a better chance than Kamala Harris of ending the wars in Ukraine and the Middle East. He tells DI that.
According to Ackman, Trump can strengthen the image of the United States as a great power, thereby improving the relationship with Russian President Vladimir Putin.
- It would have a greater impact on the economy than anything else, he tells the newspaper.
Ackman came out last summer with the fact that he supports Trump in the presidential election.
Hedge fund billionaire Bill Ackman believes that Donald Trump has a better chance than Kamala Harris of ending the wars in Ukraine and the Middle East. He tells DI that.
According to Ackman, Trump can strengthen the image of the United States as a great power, thereby improving the relationship with Russian President Vladimir Putin.
- It would have a greater impact on the economy than anything else, he tells the newspaper.
Ackman came out last summer with the fact that he supports Trump in the presidential election.
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