Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»Investing.com stocks of the week By Investing.com
    Investments

    Investing.com stocks of the week By Investing.com

    October 12, 20243 Mins Read


    This week, a number of stocks caught investors’ attention with substantial price movements. A couple have made big moves on Friday. Here are Investing.com’s stocks of the week:

    Tesla (NASDAQ:)

    On Friday, Tesla shares tumbled following its “Robotaxi Day.” While there was a lot of hype leading up to the event, analysts have seemingly come away disappointed in the lack of details provided by Musk and the company. 

    Morgan Stanley analysts said in a note that there was a “disappointing” lack of detail. “We were overall disappointed with the substance and detail of the presentation. As such, we anticipate TSLA to be under pressure following the event,” added the bank. 

    Oppenheimer analysts said Tesla’s event “proved essentially a product release party with limited detail on its software and compute platform and its intended business model outside of vehicle sales.” They also noted there was no update on its low-cost vehicle production plans nor a demonstration of robotaxi or humanoid functionality in challenging conditions.

    At the time of writing on Friday, Tesla shares are down over 10% in the last week.

    SMCI

    SMCI shares staged somewhat of a recovery over the past week, climbing around 12%. On Monday, the stock gained more than 15% from last week’s close after the company said it is currently shipping more than 100,000 graphics processors per quarter.

    SMCI also revealed a new suite of liquid cooling products, sending the company’s shares up following a recent slump. 

    On Tuesday, SMCI also announced the launch of a “new, versatile, high-density infrastructure platform optimized for AI inferencing at the network edge,” while on Thursday, it announced the launch of a new series of servers, GPU-accelerated systems, and storage servers.

    China Stocks

    The recent financial stimulus measures announced by China triggered a shortlived bounce for equities in the country as Chinese stocks fell this week. Traders now seem to be hoping the Beijing government announces new measures this weekend. 

    In a note this week, analysts at MRB Partners said China’s earnings outlook still remained muted, and it was too soon to upgrade local stocks.

    China’s recent rally was driven chiefly by “unrealistic expectations” of government stimulus said the firm. They believe that while the country’s economic outlook was positive, it did not extend into corporate earnings.

    Furthermore, MRB said any upgrades to Chinese stocks are “predicated on a broad-based earnings recovery” and that “no evidence for such a recovery is yet apparent.”

    Microstrategy (NASDAQ:)

    Microstrategy shares surged this week, rising around 23%. Much of that move came on Friday, with MSTR up more than 12% after the company said it plans to become a bank. 

    Michael Saylor is said to have told analysts at Bernstein that the company’s plan is to be the leading Bitcoin bank. “Bitcoin is going to go to millions a coin, you know, and then we create a trillion-dollar company,” Saylor reportedly told Bernstein in an interview. 

    Even prior to the comments from Saylor, Microstrategy had been performing well. For the year-to-date, the stock has surged more than 200%.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Million Victories lève 40 millions de dollars pour accélérer son expansion mondiale

    Investments

    Million Victories lève 34 millions d’euros pour accélérer à l’international

    Investments

    P3.38 Trillion in SIPP-Approved Investments

    Investments

    Global Investments rachète 300 000 actions sur le marché

    Investments

    HumanCo Investments presse Grove Collaborative d’envisager des options stratégiques pour doper la valeur actionnariale

    Investments

    Les obligations catastrophes battent de nouveaux records d’émissions en 2025

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Check rates of Bitcoin, Ethereum, Polygon, Solana

    Commodities

    Agriculture program at U. City High grows like a weed

    Cryptocurrency

    New study reveals concerning side effect of cryptocurrency operations: ‘Increasingly central to discussions’

    Editors Picks

    Qonto, la fintech française, sollicite une licence bancaire et vise 2 millions de clients d’ici 2030

    July 3, 2025

    Les bénéfices de Yintai Gold pour 2024 font un bond de 53% ; les actions augmentent de 5%. -Le 18 mars 2025 à 06:02

    March 17, 2025

    Argentina’s Milei under scrutiny over cryptocurrency post in suspected rug pull scam

    February 15, 2025

    Hilton Foods signe une coentreprise à long terme avec la National Agricultural Development Company -Le 06 mars 2025 à 08:00

    March 5, 2025
    What's Hot

    Cryptocurrency Adoption In Online Casinos Sees Significant Growth

    October 14, 2024

    Dar Al Arkan Real Estate Development rachète un sukuk de 600 millions de dollars -Le 17 février 2025 à 14:28

    February 17, 2025

    BTC Holds $60K, But WIF & UNI Soar 8%-10%

    October 11, 2024
    Our Picks

    Donald Trump demande la reprise de la construction de l’oléoduc Keystone XL abandonné sous Joe Biden

    February 24, 2025

    Carving a Future in Agribusiness

    July 23, 2024

    Mass. Department of Public Utilities to Review Energy Delivery Rates After Complaints Over Skyrocketing Bills | News

    February 17, 2025
    Weekly Top

    Credas launches digital wallet, payments as property sector adapts to UK changes

    July 9, 2025

    Un duel “Next Gen” au premier tour du FIP Silver de Narbonne !

    July 9, 2025

    VAALCO mise sur Baobab, malgré sa production marginale

    July 9, 2025
    Editor's Pick

    Resources Top 5: Juniors in the spotlight across a gang of commodities as ASX shoots

    August 14, 2024

    Nasdaq futures jump as TSMC outlook eases AI worries

    October 17, 2024

    Government Restricts Import Of Certain Gold-Containing Precious Metal Alloys—All About It

    June 20, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.