Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral

Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral

US Stock Market: Tesla Stock is downgraded by Union Bank of Switzerland (UBS). UBS downgrade Tesla stock rating to “Sell” from “Neutral”, citing concerns that the recent rally driven by AI enthusiasm might be overblown. UBS has also downgraded  ABB India and Larsen & Toubro. UBS, like other investment banks, regularly updates stock ratings based Read more: Tesla Stock to Sell downgraded by UBS, also ABB India and L&T to Neutral..

Nvidia Stock surge 10.92% in past five days, fueled Nasdaq at record high

Nvidia Stock Surge fueled Nasdaq at record High

US Stock Market: Nvidia Stock (NVDA) has been experiencing significant positive momentum recently. Nvidia Stock closed at 134.91 USD with growth of 3.53 points and 2.69% as of 10 Jul’ 2024, 7:59 pm GMT-4. Nvidia Stock rose 10.92% in past five days with growth of 13.28 points. On Wednesday, July 10, 2024, the Nasdaq Composite Index Read more: Nvidia Stock surge 10.92% in past five days, fueled Nasdaq at record high..

Nvidia Stock downgraded due to valuation concerns | Unexpected?

Nvidia Stock downgraded due to valuation concerns

US Stock Market – Nvidia stock has been downgraded was primarily due to valuation concerns, as the research firm believes the stock’s current price reflects the company’s expected growth in the near future. While Nvidia has experienced significant growth, particularly driven by the increasing demand for AI technology, analysts at New Street Research suggest that Read more: Nvidia Stock downgraded due to valuation concerns | Unexpected?..