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Furthermore, the company will form a whole new marketing unit focused solely on the EV opportunity.“This additional competition” said Gill, “Could hurt the steep sales ramp that Tesla needs to achieve in order to justify its valuation.”GM’s expected price range for its assault on the EV sector will range between $30,000 (targeting Tesla’s Model 3) all the way up to “more exotic $100K+ options.” Gill argues it looks like a “direct move against all of Tesla's key product lines, from the more-affordable Model 3 to the ‘ludicrous-moded’ Model S.”For Gill, it all points to an uphill struggle for Musk and Co.The 5-star analyst wrote, "Despite Tesla's recent accomplishments, such as its quarterly profits in the past 4 quarters and record deliveries, we are bearish on the stock due to increasing competitive pricing pressure, increasing OpEx to support Gigafactory Shanghai (and later Europe) and Model Y ramps, and the automaker’s history of profitability issues.” Moreover, "we expect the company to experience obstacles and setbacks as it scales manufacturing of the Model Y and Cybertruck. Declaration of the duty cycle per hour, as permitted in the current Harmonised Standards, is no longer allowed. All rights reserved. At the same time, to help overcome UWB’s stereotype as an old communication technology, we continually promote the new name, FiRa (Fine Ranging), which emphasizes UWB’s transformation as a secure, fine-ranging and sensing technology. It also produces flat-rolled carbon, stainless steel, and electrical steel products.As the economy ramps back up, recovering from the deepest coronavirus hits, Cleveland-Cliffs’ revenues have been rising. Shop now at ikea.my. Dev : www.badaweb.fr, If you’ve any questions about UWB technology or the UWB Alliance itself, feel free to contact us at info[at]UWBAlliance.org. The duty cycle limit will be enforced and measured over shorter intervals (e.g. His $12 price target implies an upside potential of ~15% for the next 12 months. The stock hit bottom back in mid-March, at just $3.14 per share. https://www.businesswire.com/news/home/20200630005080/en/, Oil takes breather after vaccine rally as stockpiles rise, Oil Rally Pauses After Report Points to Rising U.S. Some traders are hopeful even though the former Federal Reserve chair and her new boss, Biden, are expected to take time to unfold their position on the greenback as they focus initially on fighting the pandemic and its economic damage.“The Yellen appointment may formulate a more coherent policy for the dollar,” Ben Emons, head of global macro strategy at Medley Global Advisors, said in a note. Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO Warren Buffett may be the most popular and successful investor in history, and Berkshire's 13-F is the most anticipated filing on Wall Street each quarter. To better support and strengthen the adoption of Ultra Wideband (UWB) technology, the two existing supporting organizations, UWB Alliance and the FiRa Consortium have established a joint liaison agreement to align their ideas and get their act together. Vroom, Inc. (VRM)We’ll start with Vroom, an online retailer in the used vehicle space. Management expects to see continued sequential improvements through the remainder of 2020, and predicts full-year earnings in the range of 45 cents to 50 cents per share.Representing JPM, 5-star analyst Stephen Tusa commented, “[We] see the stock as being relatively cheap compared to close peers within the Fab Tech and Med Tech space with significant upside post COVID-19 that does not appear to be entirely realized in the valuation as of yet compared to the peer FY2 expectations. * At 11:21 a.m., a trader sold 481 Nio put options with a $55 strike price expiring on Apr. The Fed’s low interest rate policy has put a damper on bank profits, and Wells Fargo’s net interest income for the Q3 was down 19% year-over-year to $9.4 billion.Despite these headwinds, Raymond James analyst David Long is turning bullish on WFC shares. At the top line, revenue grew from $17.7 billion to $19.4 billion, while EPS, which had been negative in Q2, turned positive and came in at 6 cents per share. The shares are selling for $10.85, while the average target remains $10.09 for now. FiRa, FiRa Consortium, the FiRa logo, the FiRa Certified logo, and FiRa tagline are trademarks or registered trademarks of FiRa Consortium or its licensor(s)/ supplier(s) in the US and other countries and may not be used without permission. NIO Chart by TradingView new TradingView.widget( { "width": 680, "height": 423, "symbol": "NYSE:NIO", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "1", "locale": "en", "toolbar_bg": "f1f3f6", "enable_publishing": false, "allow_symbol_change": true, "container_id": "tradingview_5bd9a" } ); Benzinga's Take: When a stock like Nio gets caught in a wave of "irrational exuberance," arguments about valuation and fundamentals like the ones Left made are totally irrelevant in the near-term.Nio's largest option traders on Tuesday appear to be betting that the stock's bullish momentum will continue in coming months, while longer-term investors are likely looking to avoid the potential downside once the stock finally runs out of gas.Photo courtesy of Nio. All rights reserved. In addition to a Buy rating, he left a $16 price target on the stock.

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