Why One Analyst Thinks Apple's Stock Hopes Are Too High
Jefferies downgraded Apple stock because its price is "too high." It already assumes "overly bullish" success for the iPhone 17 and 18 Fold.
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Uber Boosts AI Business by Buying Segments.ai
Uber bought Segments.ai, a startup, to expand its AI data-labeling unit. They train self-driving tech and now serve over 50 clients.
Tesla Hits Record Deliveries Thanks to US Tax Credit Rush
Tesla smashed Q3 delivery records (497k). US buyers rushed to use expiring $7.5k tax credits, offsetting slow sales in Europe.
Rivian Lowers Annual Delivery Forecast Again
Rivian sales jumped due to a tax credit rush, but they cut their yearly delivery forecast. Costs are rising, making future profits tough.
Peloton is Revamping its Equipment, Launching a Commercial Unit, and Raising Prices
Ahead of the holidays, Peloton upgrades equipment with AI and swivel screens, launches durable gym gear (Pro Series), and raises all hardware and membership prices.
Why Experts Think Carvana Stock Is Poised for Major Growth
Jefferies boosted Carvana stock to Buy, seeing huge profit growth ($475 target) as the company leads the shift to selling used cars online.