Dow Jones futures rose with JPMorgan earnings are due with Citigroup and Wells Fargo. Tesla and titans sold off Thursday as small caps soared. Read More...
Tesla Shares Drop After UBS Downgrade on Concerns Over Rally
(Bloomberg) — Tesla Inc. fell after the stock was downgraded by UBS Group AG, which cited concerns that the electric carmaker’s shares have risen “too much, too soon” on optimism over its artificial intelligence plans.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveUS and Germany Foiled Russian Plot to Kill CEO of Arms Manufacturer Rh
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