Market Reactions: Tesla, Stellantis, Boeing, and Super Micro Show Distinct Trends
- Tesla Inc. (TSLA) saw its shares drop 8.8% following its robotaxi announcement. Investors remained skeptical about the company’s ability to ramp up production and navigate regulatory challenges.
- Stellantis N.V. (STLA) experienced a 2.2% decline in its stock price after announcing significant management changes, including the removal of its CFO.
- The Boeing Co. (BA) shares rose 3% as the company revealed plans to reduce its workforce by 10%, translating to about 17,000 jobs, in response to financial losses linked to a recent strike.
- Super Micro Computer Inc. (SMCI) saw its stock increase by 2.9% after announcing the shipment of over 100,000 GPUs equipped with direct liquid cooling systems to enhance capabilities at major data centers focused on artificial intelligence.
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The Boeing Company (BA): Free Stock Analysis Report
Tesla, Inc. (TSLA): Free Stock Analysis Report
Super Micro Computer, Inc. (SMCI): Free Stock Analysis Report
Stellantis N.V. (STLA): Free Stock Analysis Report
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The views and recommendations herein reflect the author’s opinions and do not necessarily represent those of Nasdaq, Inc.
