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👋 Hey AI, find important news and potential impact on stock prices.
🫡 Here are some must-read news today that may have stock influences.
seekingalpha.com
BullishShortTermGOOG
Apple, Microsoft, others to lead Nasdaq to hit 20,000 in 2024: Wedbush
- Wedbush Securities predicts that tech stocks, including Google (GOOG), will lead the Nasdaq to hit 20,000 this year.
- AI monetization is positively impacting the tech sector, with companies like Google and Microsoft demonstrating multiple use cases.
- The tech industry is entering a new bull market, which will likely result in a wave of M&A activity.
marketwatch.com
BearishShortTermAAPL
Apple’s stock falls after ‘sell’ call from Barclays
- Barclays analyst Tim Long downgrades AAPL to underweight, citing weak hardware sales.
- Long expects iPhone 15 and iPhone 16 sales to be lackluster.
- Long believes other hardware categories will also remain weak.
investing.com
BullishShortTermTSLA
Tesla extends lead in Norway as EVs take record 82% market share By Reuters
- Tesla topped Norway's car sales for the third consecutive year in 2023, with its market share rising from 12.2% to 20.0%.
- Electric vehicles accounted for 82.4% of new vehicle sales in Norway in 2023, up from 79.3% in 2022.
- Tesla's sales in Norway have not been negatively affected by the ongoing conflict with Nordic labor unions.
benzinga.com
BearishLongTermTSLA
Meet BYD Chief Wang Chuanfu, Who Charlie Munger Said Is 'Better At Actually Making Things' Than Tesla CEO Elon Musk - BYD (OTC:BYDDF), BYD (OTC:BYDDY)
- Wang Chuanfu, founder and CEO of BYD, is positioning the company as a formidable contender in the electric vehicle market, challenging Tesla's dominance.
- Wang's journey from an impoverished village to leading an automotive industry force is remarkable.
- Warren Buffett recognized BYD's potential with a $230 million investment in 2008.
finance.yahoo.com
BullishShortTermTMUS
This Warren Buffett Stock Just Removed a Major Roadblock And Could Rise 31% in 2024, According to Wall Street
- Warren Buffett's Berkshire Hathaway bought T-Mobile in the third quarter of 2020.
- T-Mobile's acquisition of Sprint allowed it to expand its customer base and lead in 5G coverage.
- T-Mobile exceeded the $150 price ceiling, removing a major roadblock for its stock.
abcnews.go.com
BearishShortTermS&P 500
Stock market today: Asian markets are mixed on the first trading day of 2024
- European benchmarks were higher, US futures were higher, and oil prices gained more than $1.
- Hong Kong and Shanghai markets fell due to weakness in Chinese manufacturing and property sectors.
- Investors were awaiting the release of eurozone manufacturing statistics.
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