Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
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Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
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Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
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Tesla Inc. chief executive Elon Musk, who runs a company with a valuation of close to $ 300 billion, does not want the electric vehicle maker to be “super profitable.” He got away with it in the second quarter, when Tesla made a profit of $ 104 million thanks to …
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August tends to be a slow month for TV series and a movie dump, and Netflix Inc. doesn’t appear to be immune to that trend. While Netflix NFLX, -0.05% It still has dozens of original series, specials, and movies on tap for August 2020, just a handful have massive appeal. …
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