Baird forecasts a potential merger between Tesla and SpaceX.
4 hours ago
Baird analyst Ben Kallo forecasts that Tesla (TSLA.O) is expected to deliver 392,900 vehicles in the second quarter. He added that the electric vehicle maker’s total deliveries will reach 1.68 million units in 2026. The analyst wrote: "We believe a merger between SpaceX (SPCX.O) and Tesla is highly likely, and we expect it will take 12 to 18 months to complete." He also noted that the merger of the two companies is the "ultimate direction" and "clear and compelling, as both firms will benefit from greater scale." Kallo reiterated his "Outperform" rating on Tesla and set a price target of $522.
Current probability of the Federal Reserve hiking interest rates by 25 basis points in July stands at 34.2%.
4 hours ago
Over the past 24 hours, global crypto liquidations totaled $650 million, with long positions making up the bulk of the liquidations.
4 hours ago
Maji, undeterred by liquidation, persists in going long, now facing an unrealized loss of $36,000.
4 hours ago
Mark Zuckerberg instructs Meta to develop a prediction market application.
4 hours ago
Mark Zuckerberg instructs Meta to develop a prediction market application.
4 hours ago
Iran's President: Iran's missiles are not within the scope of the memorandum of understanding, and never will be.
4 hours ago
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