|Bid||676.50 x 1800|
|Ask||676.65 x 1300|
|Day's Range||669.43 - 680.97|
|52 Week Range||106.47 - 900.40|
|Beta (5Y Monthly)||2.01|
|PE Ratio (TTM)||1,057.84|
|Earnings Date||Apr 27, 2021 - May 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||630.23|
One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Here’s the latest news and updates for American Airlines, Carnival, Tesla and GE. Traders and investors should take note that American Airlines Group Inc (NASDAQ: AAL) announced it will webcast a live audio feed of its first-quarter 2021 financial results conference call with financial analysts and journalists on Thursday, April 22, at 7:30 a.m. CDT. American Airlines says the webcast will be available on a listen-only basis here. Tesla Inc (NASDAQ: TSLA) traders and investors should mark their calendars: The EV-maker announced Friday it will post its financial results for the first quarter of 2021 after market close on Monday, April 26, 2021. Tesla said management will hold a live question and answer webcast that day at 2:30 p.m. PT (5:30 p.m. ET) to discuss the company’s financial and business results and outlook. Traders and investors can watch the earnings webcast here. Credit Suisse analyst Benjamin Chaiken upgraded Carnival Corp (NYSE: CCL) Friday from Neutral to Outperform and raised the price target from $18 to $40. Argus Research analyst John Staszak also upgraded Carnival from Hold to Buy and announced a $33 price target. Shares of Carnival closed higher Friday by 2.59% at $29.30. UBS reiterated its Buy rating on General Electric Company (NYSE: GE) Friday and raised the price target from $15 to $17. Shares of GE closed higher Friday by 1.12% at $13.60. Photo by Chuck Miller on Flickr. See more from BenzingaClick here for options trades from BenzingaMarkets Close At New All-Time Highs Yet AgainWhat's Going On With GE Stock And Apple Stock Today?© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NIO Inc. (NYSE: NIO) achieved a key production milestone last week, and the feat has elicited appreciation from an unexpected quarter. What Happened: EV pioneer Tesla, Inc.'s (NASDAQ: TSLA) CEO Elon Musk has acknowledged Nio's landmark production milestone of rolling out its 100,000th vehicle off its production line. In a tweet, Musk congratulated Nio and also went on to say it was indeed a tough milestone. Congrats to NIO. That is a tough milestone. — Elon Musk (@elonmusk) April 9, 2021 Musk's words should come as a surprise, as both Tesla and Nio are pitched against each other in the hot Chinese market. Musk had not shied away from taking digs at Nio in the past. In November, when Nio's shares rose past a psychological resistance point of $40, Musk brushed it off, saying, "420 is ten times better than 42," in a reference to his company's shares, which were about 10 times more than Nio's. Related Link: Nio's William Li Hints At a Second Electric Vehicle Sedan Model, Rivaling Tesla's Model 3 Why It's Matters: The global EV market potential is big enough to support multiple players, according to sell-side analysts. Domestically in China, Nio's vehicles are pitched to a different price segment from Tesla. The average selling price of a Nio vehicle is currently 428,00 yuan ($65,410), positioning it well into the premium segment. Nio's Chairman and CEO William Li suggested that the company commands 50% of the high-end Chinese EV market, defined as EVs priced over 350,000 yuan. Meanwhile, Tesla is pushing its cost-competitive made-in-China Model 3 sedan and the recently launched made-in-China Model Y vehicle in China. Nio's shares closed Friday's session down 1.50% to $38.12, and Tesla ended down 0.99% to $677.02. Related Link: XPeng Proposes EV Manufacturing Plant In Wuhan Photo by Jengtingchen via Wikimedia. See more from BenzingaClick here for options trades from BenzingaNio's William Li Hints At a Second Electric Vehicle Sedan Model, Rivaling Tesla's Model 3Nio Flags Off 100,000th Vehicle From Manufacturing Plant In Production Milestone© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
THE MONEYIST Dear Quentin, I’ve been flip-flopping back and forth between buying a new car or putting a down payment on my first home. With my parents being very money-minded and keeping a careful eye on my finances (still), I’m caught in a predicament.