Stocks making the biggest moves midday: Tesla, Goldman Sachs, Salesforce and more

Check out the companies making headlines in midday trading. Tesla — Shares fell 2.8% after an internal memo said the electric vehicle maker is planning to lay off more than 10% of its global workforce . "As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," CEO Elon Musk said in the memo. Tesla had almost 141,000 employees as of December 2023.

Reddit — Shares dropped more than 5% after Wall Street firms initiated coverage of the stock after its public debut last month. Morgan Stanley initiated coverage of the social media platform at equal weight, saying shares are already trading at fair value. JPMorgan and Goldman Sachs each gave Reddit a neutral rating. Others were more bullish on the stock: Deutsche Bank called Reddit a buy, while Raymond James said the social media stock is a strong buy.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks making the biggest moves premarket: Goldman Sachs, Snap One, Salesforce and moreThese are the stocks posting the largest moves in premarket trading.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Goldman Sachs Updates Conviction List of Top Stocks in Asia PacificGoldman Sachs has refreshed its conviction list of top stocks in Asia Pacific this month, adding some names and removing others. The bank remains optimistic on the region, noting that it has a solid outlook this quarter.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Goldman lays out the next phases of AI trade and stocks to play themThese stocks could benefit as the artificial intelligence boom matures, according to Goldman Sachs.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have “limited upside” from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset…
Herkunft: NBCLA - 🏆 319. / 59 Weiterlesen »

U.S. stocks have 'limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have 'limited upside' from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset Management.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »