Alphabetの空売り状況は、投資家がAlphabetの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Alphabet (NASDAQ:GOOG) 株価情報, 空売り情報

Alphabet

Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

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Gary Black, managing partner at&nbsp;Future Fund LLC, has expressed doubts about the potential of&nbsp;Tesla Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) proposed <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41298220/uber-analysts-unfazed-by-teslas-cybercab-reveal-eye-stronger-av-position">autonomous &#8220;Cybercab&#8221; service</a> to outperform Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
What Happened: On Sunday, a social media user on X, formerly Twitter, argued that Tesla&#8217;s Cybercab could significantly undercut Uber&#8217;s cost per mile by eliminating the need for a driver.
&#8220;Uber has a bigger network in the beginning but no moat is big enough to defend the $1/mile diff in pricing,&#8221; the user said.
However, Black disagreed with this view, stating that Tesla&#8217;s autonomous vehicles are not yet capable of performing with near-perfect reliability.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41285210/tesla-stock-falls-nearly-3-in-overnight-trading-on-robinhood-after-self-driving-cybercab-unveil?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Stock Falls Nearly 3% In Overnight Trading On Robinhood After Self-Driving Cybercab Unveil</a>
He estimated&nbsp;that Tesla's autonomous driving systems&nbsp;are currently at 97% efficacy, implying that human intervention is still required&nbsp;for the remaining 3% of&nbsp;driving situations.
&#8220;Many $UBER bears seem to forget that $TSLA Cybercab can't drive at 99.99% efficacy (more like 97%), so can't eliminate the driver cost. Maybe by 2027,&#8221; he stated.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Many <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> bears seem to forget that <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> Cybercab can't drive at 99.99% efficacy (more like 97%), so can't eliminate the driver cost. Maybe by 2027? <a href="https://t.co/5wBQTIaCNw">https://t.co/5wBQTIaCNw</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1845643682906575110?ref_src=twsrc%5Etfw">October 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Why It Matters: Tesla&#8217;s Cybercab, unveiled at the "We, Robot" event last week, was touted as a cost-competitive alternative to existing ride-hailing services.
The autonomous vehicle, <a href="https://www.benzinga.com/markets/equities/24/10/41289653/tesla-stock-poised-to-pullback-to-1-month-low-whats-going-on">priced under $30,000</a>, left event participants awestruck with its butterfly wings that opened upwards.
Despite the impressive design and cost advantage, analysts expressed <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41286875/tesla-analysts-rave-over-cybercabs-design-cost-advantage-but-production-timeline-sp">concerns about the production timeline</a>, hinting at a start date of sometime in 2026 or 2027 at the least.
Meanwhile, Uber has been making strides in its transition to electric vehicles. The company has pledged $800 million to aid its drivers in transitioning to EVs by 2040 and is launching an AI assistant to<a href="https://www.benzinga.com/news/24/10/41224956/uber-launches-openais-chatgpt-based-driver-assistant-to-support-transition-to-evs"> help with EV-related queries</a>.
Uber&#8217;s CEO Dara Khosrowshahi has also announced measures to <a href="https://www.benzinga.com/news/24/10/41265000/uber-announces-measures-to-ramp-up-electrification-of-its-fleet-ahead-of-teslas-robotaxi-unveil">ramp up the electrification</a> of its fleet.
In September 2024, Uber and Waymo by Google parent Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) also <a href="https://www.benzinga.com/markets/equities/24/09/40855784/uber-stock-spikes-as-ceo-praises-waymos-fully-autonomous-trips">announced a partnership</a> to bring autonomous ride-hailing to Austin and Atlanta.
Waymo is an autonomous driving technology firm that at the time had already provided more than two million rider-only trips across 13+ states in the U.S.
Following the CyberCab&nbsp;and&nbsp;RoboVan reveal, the consensus among Uber analysts is that while Tesla&#8217;s ambitions in the autonomous vehicle space are certainly bold, they pose little immediate competitive threat.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41289653/tesla-stock-poised-to-pullback-to-1-month-low-whats-going-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Stock Poised To Pullback To 1-Month Low: What&#8217;s Going On?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

News

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Tesla Cybercab Vs Uber: Can Elon Musk's Robotaxi Fleet Really Make A Dent, Gary Black Says Not So Fast

The Internet Archive, a&nbsp;global digital library, has suffered a significant security breach and a DDoS attack, compromising <a target="_blank" href="https://www.benzinga.com/news/24/10/41266620/internet-archive-hit-by-major-security-breach-and-ddos-attack-31-million-accounts-compromised" rel="noreferrer noopener">data of 31 million accounts</a>.
Following a court ruling, Turkey has banned the widely-used instant messaging platform Discord, according to the country's Information Technologies and <a href="https://www.benzinga.com/news/24/10/41243847/erdo-ans-justice-minister-speaks-up-on-discord-ban-in-turkey-we-are-determined-to-protect-our-youth" target="_blank" rel="noreferrer noopener">Communication Authority or BTK</a>.
The U.N. revealed in a report that the messaging app&nbsp;Telegram, an&nbsp;encrypted messaging app, has been identified as a <a target="_blank" href="https://www.benzinga.com/news/24/10/41221289/telegram-the-new-frontier-for-criminal-gangs-un-report-uncovers-alarming-trends-in-organized-crime" rel="noreferrer noopener">major platform for criminal activities</a>.
In a cyberattack linked to the Chinese government, major U.S. broadband providers have reportedly been breached, potentially compromising systems used for <a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit" target="_blank" rel="noreferrer noopener">court-authorized wiretapping requests</a>.
Billionaire entrepreneur and&nbsp;Dallas Mavericks&nbsp;owner&nbsp;Mark Cuban&nbsp;has shed light on the future of linear television and streaming platforms, highlighting the <a target="_blank" href="https://www.benzinga.com/news/24/10/41219900/mark-cuban-on-how-tv-will-evolve-in-the-future-says-he-saw-the-rise-of-netflix-like-platforms-before" rel="noreferrer noopener">crucial&nbsp;role of sports media rights</a>.
Gaming
Nintendo Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) has officially announced the "Nintendo Switch Online: Playtest Program," allowing up to 10,000 participants to test a new feature related to <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41280517/how-to-join-nintendos-playtest-program-to-experience-new-switch-online-feature" rel="noreferrer noopener">the&nbsp;Nintendo Switch Online service</a>.
FIFA has announced a fresh partnership with&nbsp;Konami Group ADR, marking the return of the<a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41279567/fifa-partners-with-konami-for-efootball-fifae-world-cup-revival" rel="noreferrer noopener">&nbsp;FIFAe World Cup tournament</a>.
Sony Group Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) has revealed the full slate of new additions coming to the PlayStation Plus Games Catalog for October 2024, giving subscribers a variety of games to look forward to across <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41277228/playstation-plus-october-2024-dead-island-2-leads-spooky-lineup-of-14-games" rel="noreferrer noopener">both the&nbsp;Extra and Premium tiers</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41209970/netflix-analysts-turn-more-optimistic-ahead-of-earnings-expensive-for-a-reason" rel="noreferrer noopener">Netflix Analysts Turn More Optimistic Ahead Of Earnings: &#8216;Expensive For A Reason&#8217;</a>
Media, Communication &amp; Music
ByteDance-owned&nbsp;TikTok&nbsp;is facing legal action from&nbsp;13 U.S. states and the&nbsp;District of Columbia.&nbsp;The states accuse TikTok of&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41243023/tiktok-gets-sued-13-states-and-dc-accuse-chinese-platform-of-boosting-corporate-profits-via-social-m" rel="noreferrer noopener">causing harm to its younger users</a>.
Following the success of "Oppenheimer," renowned director&nbsp;Christopher Nolan has reportedly joined forces with actor&nbsp;Matt Damon for a <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener">new&nbsp;</a><a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener">Imax Corporation</a><a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41266961/christopher-nolan-taps-matt-damon-for-mystery-2026-imax-epic-is-universals-big-bet-likely-t" rel="noreferrer noopener"> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMAX#NYSE">IMAX</a>)</a>.
Zoom Video Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) is gearing up to launch&nbsp;AI avatars&nbsp;that can communicate on behalf <a target="_blank" href="https://www.benzinga.com/news/24/10/41265317/zoom-custom-ai-avatars-can-now-deliver-messages-to-your-team-as-you-skipping-boring-remote-meetings" rel="noreferrer noopener">of users by posing as them</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41215414/goldman-sachs-raises-forecast-on-spotify-cites-user-engagement-growth-and-potential" rel="noreferrer noopener">Goldman Sachs Raises Forecast On Spotify, Cites User Engagement Growth and Potential Deluxe Tier Revenue</a>
Technology
Advanced Micro Devices, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) disclosed plans for its next-gen&nbsp;MI350&nbsp;chip, aimed at competing with NVIDIA Corporation&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) new Blackwell system, with shipping anticipated&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of" rel="noreferrer noopener">in the second half of&nbsp;2025</a>.
Advanced Micro Devices launched several new high-performance computing solutions at the event, including fifth Gen AMD EPYC server CPUs, AMD Instinct MI325X accelerators, AMD Pensando Salina DPUs, AMD Pensando Pollara 400 NICs and AMD Ryzen AI PRO 300 series <a target="_blank" href="https://www.benzinga.com/news/24/10/41282666/what-happened-with-amd-stock-today" rel="noreferrer noopener">processors for enterprise AI PCs</a>.&nbsp;
Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HNHPF#OTC">HNHPF</a>) the company, which is popularly called&nbsp;Foxconn&nbsp;is gearing up to construct the&nbsp;largest <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">manufacturing facility&nbsp;for&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">Nvidia&#8217;s </a><a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand" rel="noreferrer noopener">GB200 chip</a>.
Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google&nbsp;is rolling out new AI-powered security features for Android devices aimed at preventing phone theft. These features, which were&nbsp;initially announced in May, are designed to <a href="https://www.benzinga.com/news/24/10/41204898/google-starts-rolling-out-ai-powered-security-features-to-combat-android-phone-theft" target="_blank" rel="noreferrer noopener">automatically secure a device if it is stolen</a>.
Following&nbsp;the antitrust verdict,&nbsp;Google has made moves to halt changes <a target="_blank" href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under" rel="noreferrer noopener">proposed by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/24/10/41220186/google-will-continue-to-fight-epic-games-in-court-to-halt-epic-requested-changes-to-play-store-under" rel="noreferrer noopener">Epic Games</a>.
Amazon.com, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) cloud computing platform,&nbsp;Amazon Web Services&nbsp;CEO&nbsp;Matt Garman&nbsp;disclosed that the company had been delving into generative AI long&nbsp;before it <a target="_blank" href="https://www.benzinga.com/news/24/10/41201296/aws-ceo-matt-garman-once-an-intern-says-they-were-pioneering-generative-ai-at-amazon-long-before-cha" rel="noreferrer noopener">became a widely&nbsp;accepted concept</a>.
Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257775/uber-well-positioned-despite-tesla-robotaxi-threat-analyst-says" rel="noreferrer noopener">Uber &#8216;Well Positioned&#8217; Despite Tesla Robotaxi Threat, Analyst Says</a>
Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) formally rejected the accusations levied in a recent report by&nbsp;Hindenburg Research, an investment firm <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41255828/roblox-denies-hindenburgs-accusations-of-inflating-metrics-failing-at-child-safety-calls-them-misl" rel="noreferrer noopener">known for&nbsp;activist short-selling</a>.
Smartphones
Earlier this year, tech giants&nbsp;Alphabet and&nbsp;Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) joined forces to simplify the process of moving photos and videos between <a href="https://www.benzinga.com/news/24/10/41265188/how-to-switch-from-google-photos-to-apples-icloud" target="_blank" rel="noreferrer noopener">their platforms by launching a tool</a>.
Amazon.com and&nbsp;Apple have announced a collaboration, as per which&nbsp;Apple TV+ will be <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41264628/apple-tv-coming-to-amazon-prime-video-this-month-what-you-need-to-know-about-the-9-99-add-o" rel="noreferrer noopener">available through&nbsp;Prime Video</a>.
Apple&nbsp;is reportedly planning to launch a health-focused smart ring by 2026, according to a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41222158/apples-smart-ring-could-launch-by-2026-in-line-with-tim-cooks-health-centric-vision" rel="noreferrer noopener">forecast by analysts at CCS Insight</a>.
Elon Musk &amp; Artificial Intelligence (AI)
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;Robotaxi is set to disrupt the autonomous driving market, <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">currently led by </a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">Alphabet&#8217;s </a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41238300/tesla-robotaxi-ambitions-come-as-most-americans-grow-wary-of-autonomous-tech" target="_blank" rel="noreferrer noopener">Waymo</a>.
CEO&nbsp;Elon Musk's social media platform,&nbsp;X, formerly&nbsp;Twitter, has been granted permission by Brazil's Supreme Court to&nbsp;recommence<a target="_blank" href="https://www.benzinga.com/news/24/10/41242624/elon-musk-vows-to-defend-freedom-of-speech-but-within-the-boundaries-of-the-law-as-x-gets-brazil-gre" rel="noreferrer noopener"> its operations&nbsp;in the country</a>.
The Federal Communications Commission or FCC has temporarily authorized&nbsp;Elon Musk-led&nbsp;SpaceX and&nbsp;T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) to provide direct-to-cell service via Starlink satellites in <a target="_blank" href="https://www.benzinga.com/news/24/10/41200194/spacex-and-t-mobiles-direct-to-cell-satellite-service-for-hurricane-hit-areas-green-lighted-by-fcc-a" rel="noreferrer noopener">areas&nbsp;impacted by Hurricane Helene</a>.
Read:<a target="_blank" href="https://www.benzinga.com/news/24/10/41224028/elon-musk-talks-ai-woke-mind-virus-starlink-and-california-governor-gavin-newsom-with-tucker-carlson" rel="noreferrer noopener"> Elon Musk Talks AI, Woke Mind Virus, Starlink And California Governor Gavin Newsom With Tucker Carlson</a>
ChatGPT-parent&nbsp;OpenAI has disclosed that its platform is being misused by malicious entities to meddle with democratic <a href="https://www.benzinga.com/news/24/10/41267154/ahead-of-trump-vs-harris-faceoff-chatgpt-parent-openai-uncovers-election-interference-misuse-but-see" target="_blank" rel="noreferrer noopener">elections across the globe</a>.
Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41239978/s-p-500-earnings-season-kicks-off-why-analysts-call-this-quarter-a-stock-pickers-pa" target="_blank" rel="noreferrer noopener">S&amp;P 500 Earnings Season Kicks Off: Why Analysts Call This Quarter &#8216;A Stock Picker&#8217;s Paradise&#8217;</a>

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Consumer Tech News (Oct 7-Oct 11): Apple TV+ To Be Available Through Prime Video, Tesla Robotaxi To Disrupt Autonomous Driving Market & More

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The S&amp;P 500 and Dow Jones Industrial Average reached new <a href="https://www.benzinga.com/news/earnings/24/10/41298806/wall-street-marks-new-record-highs-on-strong-start-to-earnings-season-investors-downplay-inflation-">record highs this week</a>, boosted by a robust start to the third-quarter earnings season. The S&amp;P 500 and Nasdaq each gained 1.1%, while the Dow rose by 1.2%, marking the fifth consecutive week of gains for these major indexes. 
Despite a higher-than-expected inflation report for both consumers and producers in September, interest rate expectations largely stayed unchanged, with traders still anticipating a rate cut in November. 
Meanwhile, Chinese stocks posted their worst weekly performance of the year, as investor sentiment was dampened by the lack of expected stimulus measures, despite a strong rally in previous weeks.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
<a href="https://www.benzinga.com/markets/equities/24/10/41244462/palantirs-shyam-sankar-says-ai-is-experiential-and-if-you-pay-consultants-to-help-you-think-abou">&#8220;Palantir&#8217;s Shyam Sankar Says AI Is &#8216;Experiential,&#8217; And If You Pay Consultants To Help You Think About How To Deploy It, You&#8217;re Just Lighting Money On Fire,&#8221;</a> by <a href="https://www.benzinga.com/author/shanthi-rexaline">Shanthi Rexaline</a>, details how Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) CTO Shyam Sankar believes that companies must embrace hands-on AI implementation instead of relying on consultants, emphasizing the company&#8217;s ability to quickly turn AI prototypes into tangible business value.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41207040/dogecoin-killer-shiba-inu-up-39-over-the-past-30-days-but-that-will-accelerate-says-bullis">&#8220;&#8216;Dogecoin Killer&#8217; Shiba Inu Up 39% Over The Past 30 Days But That &#8216;Will Accelerate,&#8217; Says Bullish Trader&#8221;</a>, by <a href="https://www.benzinga.com/author/khyathi-dalal">Khyathi Dalal</a>, reports that Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) has surged 39% in the last month amid rising burn rates, with traders predicting further gains driven by bullish chart patterns and increased community activity.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41279473/josh-brown-flags-monster-call-buying-in-nvidia-up-to-190-strike-this-is-not-retail-money">&#8220;Josh Brown Flags &#8216;Monster&#8217; Call Buying In Nvidia Up To $190 Strike: &#8216;This Is Not Retail Money'&#8221;</a> by <a href="https://www.benzinga.com/author/adam-eckert">Adam Eckert</a>, reports that Josh Brown highlighted significant call-buying in Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), suggesting institutional investors expect the stock to rise above $190 by March 2025, far above its current trading level around $135.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/markets/equities/24/10/41265296/teslas-future-valuation-analyst-pierre-ferragu-unveils-scenarios-ranging-from-1-4-to-4-7-trillio">Tesla&#8217;s Future Valuation: Analyst Pierre Ferragu Unveils Scenarios Ranging From $1.4 To $4.7 Trillion Based On FSD, Robotaxi Success</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41214754/microstrategy-analyst-projects-64-upside-to-stock-based-on-bitcoin-acquisition-stra">MicroStrategy Analyst Projects 64% Upside To Stock Based On Bitcoin Acquisition Strategy</a>
<a href="https://www.benzinga.com/markets/cannabis/24/10/41233018/exclusive-ross-gerber-sees-tsunami-of-money-pouring-into-cannabis-companies-upon-federal-legaliz">EXCLUSIVE: Ross Gerber Sees &#8216;Tsunami Of Money&#8217; Pouring Into Cannabis Companies Upon Federal Legalization, Says Cannabis Is One Of &#8216;Biggest&#8217; Opportunities Beyond AI</a>
The Bears
<a href="https://www.benzinga.com/markets/equities/24/10/41244481/google-cries-foul-as-doj-moves-to-break-up-search-giant-calls-recommendations-radical-as-antitru">&#8220;Google Cries Foul As DOJ Moves To Break Up Search Giant, Calls Recommendations &#8216;Radical&#8217; As Antitrust Battle Intensifies,&#8221;</a> by <a href="https://www.benzinga.com/author/kaustubh-bagalkote">Kaustubh Bagalkote</a>, reports that Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) faces a potential breakup as the DOJ considers measures to curb its search dominance, which Google criticizes as extreme and potentially harmful to market competition.
<a href="https://www.benzinga.com/news/24/10/41223011/rivians-production-guidance-cut-spurred-by-miscommunication-with-atlanta-based-supplier-resulting-in">&#8220;Rivian&#8217;s Production Guidance Cut Spurred By Miscommunication With Atlanta-Based Supplier, Resulting In Shortage Of Critical Copper Windings For Its Motor: Report&#8221;</a>, by <a href="https://www.benzinga.com/author/anan-ashraf">Anan Ashraf</a>, reveals that Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) lowered its annual production forecast by up to 18% after a miscommunication with Essex Furukawa led to a shortage of essential copper windings, impacting its EV output.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41227136/chinese-stocks-plunge-as-stimulus-hopes-fade-hong-kong-posts-worst-daily-decline-si">&#8220;Chinese Stocks Plunge As Stimulus Hopes Fade: Hong Kong Posts Worst Daily Decline Since October 2008&#8221;</a>, by <a href="https://www.benzinga.com/author/piero-cingari">Piero Cingari</a>, reports that Chinese stocks, including Alibaba Group Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), tumbled as investors reacted to the lack of aggressive fiscal stimulus, causing the Hang Seng Index to experience its steepest single-day drop since 2008.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41234873/amazon-stock-downgrade-by-wells-fargo-a-bearish-signal-on-growth-concerns">Amazon Stock Downgrade By Wells Fargo: A Bearish Signal On Growth Concerns</a>
<a href="https://www.benzinga.com/general/entertainment/24/10/41229099/disney-faces-150m-200m-blow-from-hurricane-milton-attendance-set-to-drop-6-says-goldman-sac">Disney Faces $150M-$200M Blow From Hurricane Milton, Attendance Set To Drop 6%, Says Goldman Sachs</a>
<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41278873/gary-gensler-doubts-cryptocurrency-future-says-leading-figures-are-either-in-jail-or-await">Gary Gensler Doubts Cryptocurrency Future, Says Leading Figures Are Either In Jail Or Awaiting Extradition</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Equities

Long Ideas

Short Ideas

Trading Ideas

$SHIB

BABA

BIDU

PLTR

RIVN

Benzinga Bulls And Bears: Nvidia, Rivian, Alphabet, Palantir — And Crypto Trader Says Shiba Inu 'Will Accelerate'

Scotiabank analyst Nat Schindler initiated coverage on Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) with a Sector Outperform rating (Buy) <a target="_blank" href="https://www.benzinga.com/quote/GOOG/analyst-ratings" rel="noreferrer noopener">and a price target of $212</a>.
The analyst says that Google is poised to benefit from AI investments, with monetizable corporate products in its Google Cloud Platform (GCP) and enhanced ad revenue opportunities through Search and YouTube.
Notably, Google is primed to lead the AI wave, leveraging its unmatched data and computing power, adds the analyst.
The analyst writes that while ChatGPT grabbed attention, Google has been advancing AI for decades. Tools like Gemini and Bard are just the latest user-friendly interfaces for its long-standing expertise.
Moreover, Schindler says that Google is the least sensitive to macroeconomic factors among the Big 3, as most of its revenue comes from Search, which correlates with global online transactions—a resilient and expanding market.
The analyst writes that antitrust actions in the U.S. have limited Google&#8217;s stock performance this year compared to its Big 3 Internet peers, but they see a positive outlook for the company ahead.
Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41244481/google-cries-foul-as-doj-moves-to-break-up-search-giant-calls-recommendations-radical-as-antitru" rel="noreferrer noopener">Google Cries Foul As DOJ Moves To Break Up Search Giant, Calls Recommendations &#8216;Radical&#8217; As Antitrust Ruling Aims To Limit Its Search Market Monopoly</a>
Google was cautious in reducing excess expenses from pandemic-era over-hiring, indicating it has more room to trim costs, adds the analyst.
Schindler says that they will be watching for any shifts in spending with the new CFO.
Price Action: GOOG shares are up 0.96% at $164.75 at the last check Friday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/market-summary/24/10/41293772/humanoid-robots-may-be-biggest-product-ever-sell-the-news-on-teslas-we-robot-and-amds-ai-e" target="_blank" rel="noreferrer noopener">Humanoid Robots May Be Biggest Product Ever, Sell The News On Tesla&#8217;s We, Robot And AMD&#8217;s AI Event</a></li>
</ul>

Analyst Color

Large Cap

Price Target

Initiation

Analyst Ratings

Google Set To Lead AI Wave, Sees Positive Outlook Ahead Despite Antitrust Actions Impact

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-11_09h06_57.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Opportunities In Humanoid Robots</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-inflation-humanoid-robots-cybercab-tesla-tsla-mc-10112024">click here</a> for an enlarged chart of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock. The chart of TSLA stock is being used to illustrate the point.</li>
<li>The chart shows that TSLA stock ran up in anticipation of the Cybercab event, dubbed by Tesla CEO Elon Musk as We, Robot.</li>
<li>The chart shows that TSLA stock hit the top resistance zone and backed off.</li>
<li>The chart shows a big drop in TSLA stock after the much hyped Cybercab event.</li>
<li>The chart shows that TSLA stock has now fallen in the premarket, significantly below the lower resistance zone.</li>
<li>RSI on the chart shows that TSLA stock is now oversold.</li>
<li>From a technical perspective, the combination of the foregoing is a negative.</li>
<li>In spite of the sell the news reaction, Musk's presentation was impressive.</li>
<li>In The Arora Report analysis, the global revenue opportunity for robotaxis is about $2T, 15 years from now. Tesla is well positioned to capture a meaningful portion of the $2T market.</li>
<li>Tesla bulls are delighted by the details given in Musk's presentation. However, Tesla bears are highly critical that there were not enough details.</li>
<li>Musk showed off humanoid robots dancing and pouring drinks. Musk said that humanoid robots may be the biggest product ever. In The Arora Report analysis, we agree with Musk. Of note, is that Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is hard at work to produce humanoid robots. </li>
<li>The reaction to Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) Advancing AI event has also been to sell the news. AMD bears point to AMD not naming new customers.</li>
<li>Inflation at the producer level came inline with expectations. Here are the details:
<ul>
<li>Headline PPI came at 0.0% vs. 0.1% consensus.</li>
<li>Core PPI came at 0.2% vs. 0.2% consensus.</li>
</ul>
</li>
<li>Earnings season has started. The most important earnings are from the country's largest bank, JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>).  JPM earnings are inline with the whisper numbers. As full disclosure, JPM is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio, long form $34.14.</li>
<li>University of Michigan consumer sentiment will be released at 10am ET and may be market moving.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are neutral in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and AAPL.
In the early trade, money flows are negative in NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and TSLA.
In the early trade, money flows are neutral in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>). The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.  When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

Markets

General

$BTC

MSFT

Humanoid Robots May Be Biggest Product Ever, Sell The News On Tesla's We, Robot And AMD's AI Event

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/594d093f988ca8000150db58/jeffrey-wlodarczak">Pivotal Research analyst Jeffrey Wlodarczak</a> initiated coverage on Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy rating and announced a price target of $260. Amazon shares gained 0.8% to close at $186.65 on Thursday. <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Scotiabank analyst Nat Schindler initiated coverage on Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) with a Sector Outperform rating and announced a price target of $212. Alphabet shares rose 0.1% to close at $163.18 on Thursday. <a href="https://www.benzinga.com/quote/GOOG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst Mark Mahaney initiated coverage on Cardlytics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDLX#NASDAQ">CDLX</a>) with an In-Line rating and announced a price target of $4. Cardlytics shares fell 1.2% to close at $3.22 on Thursday. <a href="https://www.benzinga.com/quote/CDLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Redburn Atlantic analyst Gonzalo Lopez initiated coverage on MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) with a Buy rating and announced a price target of $2800. MercadoLibre shares fell 0.4% to close at $2,040.50 on Thursday. <a href="https://www.benzinga.com/quote/MELI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Roger Song initiated coverage on Nurix Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRIX#NASDAQ">NRIX</a>) with a Buy rating and announced a price target of $41. Nurix Therapeutics fell 0.6% to settle at $21.86 on Thursday. <a href="https://www.benzinga.com/quote/NRIX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying AMZN stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11083850/image-87-1024x498.png" alt="" class="wp-image-591254" style="width:590px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11083850/image-87-1024x498.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11083850/image-87-300x146.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11083850/image-87-768x374.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/11083850/image-87.png 1336w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41286575/s-p-pulls-back-from-record-high-as-inflation-data-dents-investor-optimism-fear-index-remains-in-gre">S&amp;P Pulls Back From Record High As Inflation Data Dents Investor Optimism: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Pre-Market Outlook

CDLX

MELI

NRIX

This Amazon Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Scotiabank analyst Nat Schindler initiates coverage on Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) with a Sector Outperform rating and announces Price Target of $212.

Scotiabank Initiates Coverage On Alphabet with Sector Outperform Rating, Announces Price Target of $212

Ride-hailing companies Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) are rising<a href="https://www.benzinga.com/premarket"> in premarket trading </a>on Friday.
The shares of Uber and its smaller peer Lyft were reacting to electric vehicle maker Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) announcing that a rival offering from its stable, the Cybercab, will go into production in 2026 or possibly even in 2027. If Tesla had been quick with a superior offering armed with its unsupervised self-driving technology, Uber and Lyft might have seen their market share erode.
Ahead of the event, Future Fund LLC&#8217;s Gary Black had warned Tesla investors not to hope for an immediate launch of the robotaxi with supervised full self-driving technology.
He said Tesla should subsidize rides on its rideshare app. and require all drivers to drive Tesla vehicles and, if possible, be highly rated on other rideshare apps.
The penetrating pricing strategy of offering rides at lower prices than competition including Uber and Lyft would increase awareness about the app and also lure users to it, Black said, adding that Tesla should use its cash reserves for it.
For the next two years at least, Uber and Lyft can have much of their market to themselves. They only have to contend with Alphabet, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo and General Motors Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) Cruise in the near term.
In premarket trading, Uber rose 4.90% to $81.74, and Lyft gained 2.42% to $12.71, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a>
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
See Also: <a href="https://www.benzinga.com/money/best-consumer-discretionary-stocks">Best Consumer Discretionary Stocks</a>
Image Via Shutterstock

Movers

LYFT

Why Uber, Lyft Shares Are Speeding Up In Friday's Premarket

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has dreamed for years of having vehicles that don't require a driver and can take a passenger from one place to another. On Thursday, Musk's vision could be realized with the likely unveiling of <a href="https://www.benzinga.com/trading-ideas/24/10/41274987/how-to-watch-tesla-robotaxi-day-live-elon-musks-autonomous-vehicle-event-is-here">the Tesla Robotaxi.</a>
However, a new survey finds that when it comes to demand and consumer trust, the robot axis might not be ready for mass adoption.
What Happened: A new J.D. Power survey of consumers tests the experience and ratings of passengers who have taken a ride in <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41212796/tesla-robotaxi-day-preview-move-over-autonomous-vehicles-analyst-says-this-positive">an autonomous vehicle.</a>
The 2024 U.S. Robotaxi Experience Study <a href="https://www.jdpower.com/business/press-releases/2024-us-robotaxi-experience-study">found </a>that consumers had an average level of satisfaction of 8.53 on a 10-point scale.
The study, which took place in August, is based on the five categories of comfort and convenience, initiating the ride, riding in the vehicle, service availability and cost, and vehicle technology. Of the five categories, technology scored the highest.
Consumers who rode in a robotaxi had a 76% consumer confidence score for a fully automated, self-driving vehicle. While that score is relatively high, the consumer confidence score of people for fully automated, self-driving vehicles who have not ridden in a robotaxi was only 20%.
When asked to describe their ideal robotaxi service, respondents prioritized safety, with 78% selecting it as the most important factor, followed by reliability at 71% and trustworthiness at 66%.
One of the most important consumer requests in the survey was for the robotaxi to offer an emergency button to connect to local emergency services. Other requests were for the ability to select vehicles based on safety features and having the route set beforehand.
Companies mentioned in the report, which had their vehicles tested, include:
<ul>
<li>Cruise, which is majority owned by General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</li>
<li>May Mobility</li>
<li>Motional, which is a joint venture between Hyundai (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMLF#OTC">HYMLF</a>) and Aptiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>)</li>
<li>Waymo, a subsidiary of Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</li>
<li>Zoox, a subsidiary of Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</li>
</ul>
The study occurred in the five markets of Dallas, Las Vegas, Los Angeles, Phoenix and San Francisco.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
Why It's Important: The study finds relatively high trust and satisfaction ratings for consumers who experience a robotaxi in some of the largest cities that have approved or are testing the technology.
Another takeaway from the report is that even living in a city with robotaxis and higher consumer awareness can improve trust in the technology. The study found that consumer confidence was 34% for people who had not ridden in a robotaxi and lived in one of the cities with robotaxis in operation.
"The robotaxi segment is still anyone's game, given that most people are not familiar with robotaxi brands and haven't formed a clear associative imagery," J.D. Power Senior Director of user experience benchmarking and technology Kathleen Rizk said.
Rizk added that the companies with robotaxis need to "look beyond their deployment markets and find ways to educate and build trust with all consumers."
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/education/24/10/41166723/how-many-evs-has-tesla-delivered-produced-each-quarter-a-look-at-the-results-since-2019" target="_blank" rel="noreferrer noopener">How Many EVs Has Tesla Delivered, Produced Each Quarter? A Look At The Results Since 2019</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

APTV

HYMLF

TLSA

Elon Musk May Unveil Tesla's Robotaxi, But Consumers Respond With 'Ehhh,' New Study Reveals Skepticism, Need For Trust-Building

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-10_09h03_46.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Hotter Inflation</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-hotter-inflation-jobless-claims-spy-mc-10102024">click here</a> for an enlarged chart of SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) which represents the benchmark stock market index S&amp;P 500 (SPX).
Note the following:
<ul>
<li>The chart shows that the stock market made a new high and is above the support/resistance zone.</li>
<li>The chart shows there is selling this morning after the release of economic data.</li>
<li>Most troubling for the stock market is that the Consumer Price Index (CPI) came hotter than expected. Of course, as a member of The Arora Report, it is not a surprise to you – we have been writing that inflation may turn out to be stickier compared to what the stock market expects.  The reason there is selling on the release of the CPI data is that it is a surprise to the market as whisper numbers were inline with the consensus.  Here are the details:
<ul>
<li>Headline CPI came at 0.2% vs. 0.1% consensus.</li>
<li>Core CPI came at 0.3% vs. 0.2% consensus.</li>
</ul>
</li>
<li>On this CPI data, the market would have been down significantly more than what is shown on the chart because the blow from the hot CPI data is being cushioned by newly released jobless claims data.&nbsp; Initial jobless claims came at 258K vs. 229K consensus.&nbsp; The sharp rise in initial claims goes against the narrative that momo gurus have been using to persuade investors to buy stocks.&nbsp; However, temporarily in the early trade, investors are taking comfort in higher jobless claims believing that it will give ammunition to the Fed to continue cutting rates even if inflation is higher.</li>
<li>On September 26, we wrote:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">Did the Fed make a mistake with the 50 bps cut?
</blockquote>
<ul>
<li>We have been sharing with you the economic data that indicates the Fed may have made a mistake. In the latest news, we are now finding out that several FOMC members were not in favor of a 50 bps cut.&nbsp; It appears that Powell had to twist arms to push through a 50 bps rate cut.&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>FOMC minutes show that there was push back from several members against a 50 bps cut.&nbsp; Several members favored a 25 bps cut.&nbsp; In The Arora Report analysis, based on FOMC minutes, Powell will have difficulty with further large cuts unless economic data changes.&nbsp; This is not discounted in the stock market, and thus, is a risk.&nbsp;&nbsp;</li>
</ul>
</li>
<li>Later today there is a Treasury auction.&nbsp; The auction results may move the market.</li>
<li>We have been sharing with you that NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has been experiencing a strong rally due to its AI Summit.  At a time when the expectations in the stock market are that NVDA stock will move to the resistance zone around $140, after the release of the CPI data, there is selling in NVDA stock. Selling in NVDA stock is bleeding into other AI stocks in the early trade.</li>
<li>The momo crowd is aggressively buying the dip in the early trade. The momo crowd is especially buying AI stocks.</li>
<li>Of note is today is Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) robotaxi day. TSLA stock has run up in anticipation of Tesla's CEO Elon Musk saying great things about robotaxis and perhaps robotics and a lower priced Tesla model. Keep a close eye on TSLA stock.  If what Musk says exceeds expectations, expect TSLA stock to rally towards $300.  On the other hand, if what Musk says is inline with or less than expectations, expect a selloff in TSLA stock.  Whatever happens to TSLA stock will bleed into other AI stocks.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and TSLA.
In the early trade, money flows are negative in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and NVDA.
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Economics

Hotter Inflation But Jobless Claims Cushion The Blow – Selling In Nvidia And AI Stocks

As the <a href="https://www.benzinga.com/news/24/10/41265000/uber-announces-measures-to-ramp-up-electrification-of-its-fleet-ahead-of-teslas-robotaxi-unveil">race to dominate the robotaxi</a> sector intensifies, Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) is leveraging its extensive ridesharing network to compete against Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary, Waymo.
What Happened: Uber has shifted its focus from developing autonomous vehicles to expanding its marketplace of riders and drivers. This approach has created a strong network effect, making it difficult for competitors to match its scale, <a href="https://www.businessinsider.in/tech/news/who-will-win-the-robotaxi-race-tesla-waymo-or-uber/articleshow/114080058.cms">reported</a> Business Insider on Thursday. 
Uber&#8217;s business model, which avoids the costs associated with owning and maintaining vehicles, has proven financially successful, generating $1.7 billion in free cash flow in the second quarter.
In contrast, Tesla and Waymo face the challenge of building and maintaining costly autonomous fleets. Analysts at Bernstein highlight the complexity and expense of operating a large-scale robotaxi network, which includes regulatory hurdles and high fixed costs. 
&#8220;There are real challenges around scaling a pureplay autonomous network, including the underlying technology, regulatory approvals, building a large-enough supply-base to run a high quality network (especially during peak hours when consumers need the service the most), and ultimately getting customers to adopt the service,&#8221; the analyst wrote, according to the report. 
Uber&#8217;s existing network and user base offer a significant advantage, as it can integrate autonomous vehicles from partners like Waymo and Cruise, enhancing its service without incurring the same level of expenses.
Uber&#8217;s ability to aggregate demand positions it as a valuable partner for autonomous vehicle companies, providing access to a large and active user base. This strategic advantage could play a crucial role in the evolving robotaxi landscape.
See Also: <a href="https://www.benzinga.com/news/24/10/41266991/teslas-robotaxi-to-take-flight-with-doors-that-open-like-butterfly-wings-report">Tesla&#8217;s Robotaxi To Take Flight With Doors That Open Like Butterfly Wings: Report</a>
Why It Matters: The robotaxi market is a battleground for major players like Tesla, which is exploring scenarios for its future valuation based on its autonomous driving capabilities. Analyst Pierre Ferragu has <a href="https://www.benzinga.com/markets/equities/24/10/41265296/teslas-future-valuation-analyst-pierre-ferragu-unveils-scenarios-ranging-from-1-4-to-4-7-trillio">outlined potential outcomes</a> for Tesla&#8217;s ambitions, emphasizing the importance of achieving unsupervised full self-driving capability.
Despite optimism surrounding Tesla&#8217;s robotaxi plans, some analysts, like Ming-Chi Kuo, predict mass production may not <a href="https://www.benzinga.com/general/24/10/41257117/teslas-robotaxi-event-could-investor-hopes-be-premature-analyst-predicts-mass-production-not-until-2">occur until 2027</a>. Meanwhile, Baidu is considering <a href="https://www.benzinga.com/markets/equities/24/10/41244101/teslas-party-could-be-crashed-by-baidu-as-chinese-rival-considers-global-robotaxi-expansion">expanding its robotaxi unit</a>, Apollo Go, into international markets, adding to the competitive landscape.
Moreover, Gary Black, Managing Partner at The Future Fund, has expressed skepticism about Tesla&#8217;s ability to maintain a monopoly in the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40333845/gary-black-highlights-skepticism-over-teslas-autonomy-ambitions-amid-competition-fr">autonomous driving market</a>, citing competition from Waymo, Baidu, and others.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41198872/teslas-we-robot-event-will-likely-feature-robotaxi-25k-ev-and-optimus-updates-says-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla&#8217;s &#8216;We, Robot&#8217; Event Will Likely Feature Robotaxi, $25K EV And Optimus Updates, Says Munster: Will Elon Musk Spring A Surprise With This Product Announcement?</a></li>
</ul>
Image Via Unsplash 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

As Elon Musk Gears Up For Highly Anticipated Robotaxi Unveil, This Ridesharing Network's Autonomous Driving Plans Could Put Pressure On Tesla's Amibitions

A leading Wall Street analyst has unveiled a comprehensive analysis of Tesla Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) potential in the robotaxi market, presenting five distinct scenarios that could shape <a href="https://www.benzinga.com/general/24/10/41257117/teslas-robotaxi-event-could-investor-hopes-be-premature-analyst-predicts-mass-production-not-until-2">the electric vehicle maker&#8217;s future valuation</a>.
What Happened: Pierre Ferragu, lead analyst at New Street Research, released a presentation Wednesday. The report employs a decision-tree approach to map out possible outcomes for Tesla&#8217;s autonomous driving ambitions.
At the heart of Ferragu&#8217;s analysis is whether Tesla can achieve unsupervised full self-driving capability. This technological milestone serves as the primary branching point for the scenarios, each with dramatically different implications for Tesla&#8217;s market position and valuation by 2030.
The scenarios range from a baseline valuation of $1.4 trillion, assuming Tesla fails to launch a robotaxi service, to an optimistic projection of $4.7 trillion if the company dominates the robotaxi market with limited competition.
Tesla has current a market cap of $770.06 <a href="https://companiesmarketcap.com/tesla/marketcap/#:~:text=Market%20cap:%20$781.15%20Billion,much%20a%20company%20is%20worth.">billion</a>, according to CompaniesMarketCap.
Key decision points in Ferragu&#8217;s analysis include:
<ol>
<li>Does Tesla achieve unsupervised FSD?</li>
<li>Can unsupervised FSD operate a robotaxi?</li>
<li>Can Tesla&#8217;s robotaxi service scale out?</li>
<li>Can competitors reach scale?</li>
</ol>
The most conservative scenario envisions Tesla unable to launch a robotaxi service, with FSD improvements providing a modest 2 percentage point boost to margins. In contrast, the most bullish scenario predicts Tesla capturing over 80% of the robotaxi market without partnering with established ride-hailing companies.
Ferragu&#8217;s middle scenarios explore outcomes where Tesla partners with Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) to penetrate the human-driven fleet gradually, or where multiple robotaxi fleets compete, with Tesla securing a 50% market share.
The analysis highlights the critical importance of Tesla&#8217;s ability to scale its FSD technology into a &#8220;pure-play&#8221; nationwide robotaxi network. Success in this arena could potentially transform Tesla from primarily an automaker to a dominant force in autonomous transportation services.
Notably, even in scenarios where Tesla fails to achieve full robotaxi deployment, Ferragu projects significant growth. The baseline scenario still anticipates Tesla&#8217;s annual vehicle production increasing from 2 million units in 2023 to 7 million by 2030, with a corresponding rise in other revenue streams such as energy storage.
While the report presents a range of outcomes, it underscores the transformative potential of successful robotaxi deployment for Tesla&#8217;s business model and valuation. However, the analysis also acknowledges the technological and regulatory hurdles that must be overcome to realize the more optimistic scenarios.
Ferragu shared the same report on X, captioning it as &#8220;Framing the robotaxi opportunity.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> &#8211; FRAMING THE ROBOTAXI OPPORTUNITY Links below to download our research and to the Space we organize today today at 2:00 PM ET / 11:00 AM PT with Farzy &amp; Hans &#x1f447; <a href="https://t.co/eiKWp9No3f">pic.twitter.com/eiKWp9No3f</a>
&mdash; Pierre Ferragu (@p_ferragu) <a href="https://twitter.com/p_ferragu/status/1844007155218919823?ref_src=twsrc%5Etfw">October 9, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Tesla is gearing up for its highly anticipated robotaxi event, <a href="https://www.benzinga.com/markets/equities/24/10/41244101/teslas-party-could-be-crashed-by-baidu-as-chinese-rival-considers-global-robotaxi-expansion">scheduled for Thursday</a>.
See Also: <a href="https://www.benzinga.com/news/24/10/41245477/trumps-teen-granddaughter-poses-with-cybertruck-for-homecoming-weekend-as-tesla-ceo-elon-musk-and-fo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Teen Granddaughter Poses With Cybertruck For Homecoming Weekend As Tesla CEO Elon Musk And Former President&#8217;s Ties Deepen</a>
Why It Matters: Tesla&#8217;s robotaxi ambitions have been a topic of considerable interest, particularly as the company prepares for its highly anticipated Robotaxi event. According to a recent analysis, <a href="https://www.benzinga.com/general/24/10/41257117/teslas-robotaxi-event-could-investor-hopes-be-premature-analyst-predicts-mass-production-not-until-2">some experts caution that mass production</a> of Tesla&#8217;s robotaxis may not occur until 2027, despite investor optimism.
Meanwhile, Ark Invest analyst Tasha Keeney suggests that Tesla&#8217;s robotaxi platform could account for a significant portion of the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41247281/teslas-robotaxi-platform-could-account-for-90-of-ev-giants-enterprise-value-over-th">company&#8217;s enterprise value in the coming years</a>. Keeney anticipates that Tesla&#8217;s autonomous ride-hailing platform could launch within the next year or two, following advancements in FSD technology.
Additionally, Tesla faces potential competition from Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), which is <a href="https://www.benzinga.com/markets/equities/24/10/41244101/teslas-party-could-be-crashed-by-baidu-as-chinese-rival-considers-global-robotaxi-expansion">reportedly considering expanding</a> its Apollo Go robotaxi service internationally. 
Elon Musk, CEO of Tesla, has previously stated that the company&#8217;s robotaxis <a href="https://www.benzinga.com/markets/equities/24/09/40979752/elon-musk-says-buses-wont-be-needed-once-tesla-robotaxis-start-operating-will-take-people-point-">could offer point-to-point transportation</a> at a cost comparable to bus tickets, potentially revolutionizing public transport once fully operational.
In August, The Future Fund Managing Partner Gary Black voiced skepticism about <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40333845/gary-black-highlights-skepticism-over-teslas-autonomy-ambitions-amid-competition-fr">Tesla maintaining a monopoly</a> in the unsupervised L4/L5 autonomy market. He pointed out that other companies, such as Baidu Inc., Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Waymo have already received approval to deploy their autonomous vehicles.
Price Action: Tesla Inc. stock closed at $241.05 on Wednesday, down 1.41% for the day. In after-hours trading, the stock saw a slight uptick, rising 0.21%. Year to date, Tesla&#8217;s stock has declined by 2.97%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/news/24/10/41201568/mark-zuckerberg-redesigns-porsche-cayenne-turbo-gt-into-a-minivan-for-wife-priscilla-chan-gets-a-911?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Redesigns Porsche Cayenne Turbo GT Into A Minivan For Wife Priscilla Chan, Gets A 911 GT3 For Himself</a>
Tesla Robotaxi &#x7C; Photo Courtesy: Tesla
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MBLY

Tesla's Future Valuation: Analyst Pierre Ferragu Unveils Scenarios Ranging From $1.4 To $4.7 Trillion Based On FSD, Robotaxi Success

Gary Black, managing partner at Future Fund LLC, has highlighted what he sees as an attractive valuation for Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), despite the company facing increased <a href="https://www.benzinga.com/markets/equities/24/10/41244481/google-cries-foul-as-doj-moves-to-break-up-search-giant-calls-recommendations-radical-as-antitru">scrutiny from the U.S. Department of Justice</a>. 
What Happened: In a recent post on X (formerly Twitter), Black noted Google's modest price-to-earnings (P/E) ratio for 2024, emphasizing its growth potential. However, he also pointed out a looming threat from emerging AI-powered competitors.
The Justice Department recently filed a 32-page court document outlining potential remedies to address Google's dominance in the search market. 
Despite the legal challenges, Black remains bullish on Google's financial outlook. He wrote, &#8220;$GOOG remains relatively inexpensive among growth stocks at a 2024 P/E of 20.7x and 2025 P/E of 18.3x and +15% projected earnings growth between 2024-2029.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24GOOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GOOG</a> -1.6% today in an up market (NDX +0.6%). Ironic that Justice may attempt to break up GOOG search under anti-trust provisions just as GOOG search is losing share to ChatGPT, Copilot and other AI language models. The Justice Department is considering asking a federal judge…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1844121748998144444?ref_src=twsrc%5Etfw">October 9, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41244462/palantirs-shyam-sankar-says-ai-is-experiential-and-if-you-pay-consultants-to-help-you-think-abou?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Palantir&#8217;s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment &#8216;You&#8217;re Just Lighting Money On Fire&#8217;</a>
Why It Matters: The agency is considering asking a federal judge to order the breakup of certain parts of Google's business, which could have far-reaching implications for the tech giant. This action comes as AI-driven competitors, such as OpenAI&#8216;s ChatGPT and Microsoft&#8216;s Copilot, gain ground in the search space.
The DOJ's document proposes &#8220;behavioral and structural remedies&#8221; aimed at preventing Google from leveraging its suite of products, such as Chrome, Play Store, and Android, to favor its search business and related products. It also includes provisions targeting Google&#8217;s use of artificial intelligence in search, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257551/google-analysts-react-to-dojs-proposed-remedies-for-search-dominance-we-continue-to">underscoring the growing significance of AI in the industry</a>.
Among the remedies, the DOJ suggested that Google could be forced to provide access to the data it uses to build its search results and AI models. The judge overseeing the case, Amit Mehta, is expected to rule on the remedies by August 2025, after a two-week <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41257551/google-analysts-react-to-dojs-proposed-remedies-for-search-dominance-we-continue-to">remedies hearing in April 2025</a>.
However, Black warned of the potential threat posed by AI-based language models like ChatGPT and Copilot. &#8220;The biggest risk is that ChatGPT, Copilot, and other AI language models continue to take search share from GOOG, even though there's been little loss in search revenue share to date,&#8221; Black noted.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41220500/elon-musk-says-potential-doge-department-under-a-trump-administration-will-be-a-garbage-co?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says Potential &#8216;DOGE&#8217; Department Under A Trump Administration Will Be A &#8216;Garbage Collector&#8217; For Regulations That Don&#8217;t Make Sense</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Global

Gary Black Finds Google-Parent Alphabet Attractively Priced Amid Possible DOJ Push To Break The Company: 'Relatively Inexpensive Among Growth Stocks'

A Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Robotaxi Day event could significantly impact Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla&#8217;s event could benefit Uber&#8217;s long-term growth and boost the valuation of the <a href="https://www.benzinga.com/topic/autonomous-vehicles">autonomous vehicle sector.</a>
The Uber Analysts: Bank of America analysts Justin Post and Michael McGovern reiterate a Buy rating with an $88 price target on Uber ahead of<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41157836/teslas-cybercabs-could-be-a-potential-ride-sharing-disruptor-says-analyst-heres-wha"> Tesla's Robotaxi Day.</a>
The Uber Bull Case: The analysts see Tesla's Robotaxi Day increasing the value of Uber's network, which could provide a short-term boost and be a long-term concern for competition.
"We think AVs will be market expanding, and a highly competitive market for AVs will make Uber's network more valuable as AV companies look to establish and improve their technology," the analysts said.
The analysts cite the state of California having 32 companies with permits related to autonomous vehicles.
"We think Uber's recent partnership announcement with Waymo, Cruise, and WeRide support our view on a competitive industry and Uber's AV position."
Uber's stock price reaction to Tesla's Robotaxi Day could depend on Tesla&#8217;s perceived moat for technology, its timeline, and the potential for a partnership between the two companies.
"AVs are poised to be a large market, with 3 trillion miles driven in the US, and autonomous driving could materially expand the market as AVs will eliminate many existing market limitations."
The analysts added that Uber could have a market revenue opportunity of $480 billion.
&#8220;This huge revenue opportunity, which we think can create trillions of market value, is spurring significant investment in AV technology by some of the largest companies in the world.&#8221;
The analysts name Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) as key investors in the autonomous vehicle sector.
Uber's valuation could increase with competition from Tesla and others, the analysts added.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41212796/tesla-robotaxi-day-preview-move-over-autonomous-vehicles-analyst-says-this-positive">Tesla Robotaxi Day Preview: Move Over Autonomous Vehicles, Analyst Says This &#8216;Positive Catalyst&#8217; Could Be More Important</a>
The Uber Bear Case: While analysts maintain a Buy rating on Uber, they acknowledge potential concerns from investors who believe that Tesla&#8217;s Robotaxi Day and similar events could present a bearish case for the stock.
According to the analysts, points from bears include Tesla's potential pole position in autonomous vehicles, its large existing base of FSD-capable cars, a low-cost CyberCab, and its technology and AI capabilities.
"Underlying Tesla's infrastructure are the millions of cars in its network collecting real-world driving data," the analysts said.
The analysts said other automotive companies could be years behind in infrastructure, data, and vehicle launches.
Tesla could also undercut ride pricing from Uber and other companies, the analysts added.
While <a href="https://www.benzinga.com/general/social-media/24/07/39598271/elon-musk-now-follows-uber-founder-on-x-foreshadowing-for-robotaxi-day-or-coincidence">there were rumors </a>of Tesla partnering with Uber or working with a company founder, Tesla CEO Elon Musk has shut down the reports. The analysts said there are no indications that the companies will work together.
"AI could accelerate Tesla's FSD capabilities &amp; rollout."
Robotaxi Day Anticipation Builds: Thursday's Robotaxi Day is set to be a big moment for Tesla and Musk, Wedbush analyst Daniel Ives said.
The analyst, who has an Outperform rating and $300 price target, said the event could prove that Tesla is the "most undervalued AI name" and could show off "game-changing" technology.
"We believe Robotaxi Day will be a seminal and historical day for Musk and Tesla and marks a new chapter of growth around autonomous, FSD, and AI future at Tesla," Ives said.
Ives expects to hear "many updates" from Tesla at the event, including the timeline of robotaxis rolling out.
"We also expect some key updates around the company's projections on Cybercab scaling, overall cost per mile, a Tesla ride-share app, and a Generation 1 demo on premises of the breakthrough technology designed to revolutionize urban transportation."
Ives said AI and FSD could represent a $1 trillion value for Tesla in the coming years.
"Tomorrow it's time for Musk to have a watershed unveiling event to kick this AI era off at Tesla."
UBER, TSLA Price Action: Uber stock was up 2.2% to $77.87 on Wednesday, versus a 52-week trading range of $40.09 to $82.14. It is up 33.0% year-to-date in 2024.
Tesla stock was down 1.41% to $241.05 on Wednesday, compared to its 52-week trading range of $138.80 to $271.00. It is down 1.8% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/education/24/10/41166723/how-many-evs-has-tesla-delivered-produced-each-quarter-a-look-at-the-results-since-2019">How Many EVs Has Tesla Delivered, Produced Each Quarter? A Look At The Results Since 2019</a></li>
</ul>
Photo: Shutterstock

Reiteration

Uber Vs. Tesla? Maybe Not — Analysts Say Autonomous Vehicles 'Will Be Market Expanding'

The U.S. Department of Justice confirmed this week that it&#8217;s considering taking actions to curtail Alphabet Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Google Search dominance. Multiple analysts <a href="https://www.benzinga.com/markets/equities/24/10/41244481/google-cries-foul-as-doj-moves-to-break-up-search-giant-calls-recommendations-radical-as-antitru#">reacted to the news on Wednesday</a>.
What Happened: The DOJ announced late Tuesday that it&#8217;s considering &#8220;behavioral and structural remedies&#8221; that would stop Google from using products to give Google Search an advantage over competitors. The proposed remedies are expected to address antitrust concerns within Google&#8217;s Search business.
The potential remedies come after Judge&nbsp;Amit Mehta&nbsp;<a href="https://www.benzinga.com/government/24/08/40169996/alphabet-loses-antitrust-suit-over-google-search-dominance-report">ruled in August</a> that Alphabet&#8217;s payments to make its search engine the default option on smartphone web browsers violated U.S. antitrust law by effectively blocking competition in the space. Regulators alleged Google maintained a monopoly on online search and related advertising through billions of dollars in payments to smartphone makers.&nbsp;
According to the court <a href="https://storage.courtlistener.com/recap/gov.uscourts.dcd.223205/gov.uscourts.dcd.223205.1052.0_1.pdf">filing</a>, plaintiffs are considering remedies that would limit Google&#8217;s use of contracts and other tools related to its search-related products, prevent Google from using products that give Google Search an advantage and address user behavior. 
&#8220;Fully remedying these harms requires not only ending Google&#8217;s control of distribution today, but also ensuring Google cannot control the distribution of tomorrow,&#8221; the court filing states. 
Check This Out: <a href="https://www.benzinga.com/markets/equities/24/10/41244481/google-cries-foul-as-doj-moves-to-break-up-search-giant-calls-recommendations-radical-as-antitru#">Google Cries Foul As DOJ Moves To Break Up Search Giant, Calls Recommendations &#8216;Radical&#8217; As Antitrust Ruling Aims To Limit Its Search Market Monopoly</a>
Analysts React: Wedbush analyst Dan Ives highlighted some of the proposed changes in a new note to clients on Wednesday. The analyst noted that the potential remedies for search arrangements are consistent with the firm&#8217;s prior expectations.
&#8220;We continue to view structural changes as an unlikely outcome for Google as a result of this case and expect any material business model impact will relate to search distribution,&#8221; Ives said. 
Some of the proposed changes could limit or prohibit distribution agreements and impact revenue sharing agreements with key partners like Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), the analyst said. 
&#8220;Importantly, Google has publicly shared its intent to appeal the ruling, which would delay any business model impact for several quarters and possibly years following a final ruling on remedies,&#8221; Ives said.
Wedbush has an <a href="https://www.benzinga.com/analyst-stock-ratings">Outperform rating</a> on Alphabet with a 12-month price target of $205.
Did You Know?
<ul>
<li><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout">Benzinga Edge Offers All The Analyst Info You Need In One Place With Bull Vs. Bear Analysi</a><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout">s</a></li>
</ul>
JPMorgan analyst Doug Anmuth echoed much of the same sentiment as Wedbush in a note released Wednesday. JPMorgan has an Overweight rating on Alphabet shares with a December 2025 price target of $208.
&#8220;Overall, we do not believe there are any major surprises, but the preliminary framework carries headline risk and suggests structural changes or separation proposals are possible,&#8221; Anmuth said.
Although the JPMorgan analyst noted that the initial outline is in line with expectations, he cautioned that the language is somewhat broad in terms of specific remedies. Still, Anmuth does not expect the framework to impact shares much in the near term as investor attention shifts to earnings later this month, followed by the final DOJ proposal in November.
The DOJ is expected to submit its final proposals by Nov. 20. Google will have until Dec. 20 to propose its own changes. A final ruling is expected in August 2025.
GOOG Price Action: <a href="http://benzinga.com/quote/GOOG">Alphabet shares</a> were down 2.4% at $161.72 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41254642/s-p-500-hits-new-all-time-high-ahead-of-fed-minutes-as-lower-oil-prices-offer-relief-whats-driving-">S&amp;P 500 Hits New All-Time High Ahead Of Fed Minutes As Lower Oil Prices Offer Relief: What&#8217;s Driving Markets Wednesday?</a></li>
</ul>
Photo: Shutterstock.

Google Analysts React To DOJ's Proposed Remedies For Search Dominance: 'We Continue To View Structural Changes As An Unlikely Outcome'

Collaboration enables use of Google 2D, 3D geospatial content within Bentley's applications and platforms to deliver actionable insights to infrastructure professionals
Bentley Systems' Year in Infrastructure 2024—<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bentley.com&amp;esheet=54133629&amp;newsitemid=20241009782475&amp;lan=en-US&amp;anchor=Bentley+Systems%2C+Incorporated&amp;index=1&amp;md5=613b9006aacbe2ffd857470d5e17def9">Bentley Systems, Incorporated</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSY#NASDAQ">BSY</a>), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google's high-quality geospatial content with Bentley's infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built, and operated.

Bentley Systems Partners With Google, Collaboration Enables Use Of Google 2D, 3D Geospatial Content Within Bentley's Applications And Platforms To Deliver Actionable Insights To Infrastructure Professionals

Cantor Fitzgerald analyst Deepak Mathivanan reiterates Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Neutral and maintains $190 price target.

Cantor Fitzgerald Reiterates Neutral on Alphabet, Maintains $190 Price Target

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-09_09h31_42.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Google Breakup?</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-google-breakup-nvidia-ai-summit-goog-mc-10092024">click here</a> for an enlarged chart of Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock. The chart of GOOG stock is being used to illustrate the point.</li>
<li>One of the concerns about big tech is that big tech has profited from monopolistic practices, and as such, the government will move against big tech. So far, these concerns have been limited to smart money. The momo crowd has been oblivious and aggressively buying big tech, running the stocks up higher and higher.  The reason is that the momo crowd does not do much analysis. The momo crowd is driven by momentum and hopium.</li>
<li>The news is that the Department of Justice (DOJ), in a court filing, has put the breakup of Google on the table.&nbsp; Previously, the judge had ruled that Google is a monopolist and established its monopoly with illegal practices.</li>
<li>The chart shows that there has not been much of a reaction to the news.</li>
<li>The chart shows that previously there was some downward reaction to the news that a judge ordered Google to open the app store to competition.</li>
<li>Google faces a separate lawsuit threatening the breakup of its online advertising business.</li>
<li>The chart shows that volume was low on the threat of a breakup and also on the order to open the app store. This indicates that so far the stock market does not believe the news will harm Google. This is for two reasons:
<ul>
<li>There is flawed analysis in the market that the sum of the parts is more than the current stock price. In The Arora Report analysis, the reason that the belief in the stock market is wrong is because the parts as separate companies will be restricted from continuing illegal monopolistic practices.</li>
<li>The election is only a few weeks away. The belief in the stock market is that both Trump and Harris will be friendly to big tech.</li>
</ul>
</li>
<li>NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stock has staged a strong move leading to and in response to its AI Summit. However, the resistance zone is around $140, only $6 away. If NVDA stock breaks above the resistance zone, it will be a big positive for the stock market, especially AI stocks. On the other hand, if this rally fails to break above the resistance zone, it will be a negative.</li>
<li>There are rumors of a potential ceasefire in Lebanon. Hezbollah has publicly endorsed ceasefire efforts. This is leading to selling in oil, gold, and Treasuries.</li>
<li>FOMC minutes will be released at 2pm ET.</li>
</ul>
<h3 class="wp-block-heading">China</h3>
Stocks in China experienced another sell-off. More stimulus news is expected on Saturday.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and NVDA.
In the early trade, money flows are neutral in Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and GOOG.
In the early trade, money flows are negative in Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are mixed in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.  If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.  When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead

BMO Capital analyst Brian Pitz reiterates Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) with a Outperform and lowers the price target from $222 to $215.

BMO Capital Reiterates Outperform on Alphabet, Lowers Price Target to $215

<ul>
<li>NVDA</li>
<li>BABA</li>
<li>LOT</li>
<li>TSLA</li>
<li>WAY</li>
<li>YINN</li>
<li>MADE</li>
<li>MSTR</li>
<li>MSFT</li>
<li>GOOG</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

MADE

MSTR

YINN

Top 10 Trending Stocks On WallStreetBets As Of October 9, 2024 (Via Swaggy Stocks)

Google Stock: This Dip Is A Gift Before Q3 Earnings

Google seeks delay on sweeping Play store ruling

Trending stocks in another record week for Wall Street

The S&P 500 made headlines by closing above the 5,800 mark for the first time, driven by a rally in bank stocks.

Global Markets React As Fed Rate Decisions, Geopolitical Tensions, And Corporate Strategies Shape The Day

Wall Street Brunch: Netflix Earnings And Retail Sales Ahead

Netscape turns 30: What an obsolete browser can teach us about the modern internet

Here is a brief look at the 7 largest companies by market capitalization as of Sunday, Oct. 13, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let's dive into the numbers.

The 7 Largest Companies - Sunday, Oct. 13

In a report released yesterday, Eric Sheridan from Goldman Sachs reiterated a Buy rating on Alphabet Class A (GOOGL – Research Report), with a pric...

Buy Rating Upheld for Alphabet Inc. Amid AI Growth Potential and Antitrust Challenges

Season Of The Bull: Looking At Smaller Tech For Catch-Up Action

QQQ: The Earnings Season Could Burst The Bubble

ABNB

ADBE

ALAB

BOTZ

BYDDF

DDOG

DELL

DTEC

EXPE

FROG

FSLR

FTEC

GINN

GTLB

MNDY

NFLX

OPEN

ORCL

PSTG

ROBT

RSPT

SMCI

SNOW

TEAM

VKTX

Screenshot 2024-09-18 at 5.31.01 PM

Emerging Market ETFs

ETFs

AIBD

AIBU

The Risks And Rewards Of Betting Big On AI &amp; Big Data

Screenshot 2024-08-26 at 7.19.14 PM

FEPI

NVDQ

ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF

NVDX

Nvidia Is Up Over 150% YTD, But Some Are Flagging Risks – Trade Your Expectation Either Way With REX Shares Leveraged ETFs

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Commodities

INTC

Global Markets Plunge: Why Gold Shines Amid Recession Fears

Screenshot 2024-07-09 at 1.55.05 PM

CSE:PURR

GLIOF

Panther Minerals (OTC: GLIOF) May Be Poised To Benefit Amid Nuclear Power Push For AI Data Center Growth

Screenshot 2024-06-26 at 6.49.41 PM

PINS

MoneyLion Appoints Veteran Pinterest And Google Leader Jon Kaplan As Chief Revenue Officer

Screenshot 2024-05-14 at 5.48.35 PM

Movers & Shakers

CACI

Contractor+ Is Leveling The Playing Field, Turning The Construction Industry On Its Head With Its Potentially Game-Changing AI-Driven App

Screenshot 2024-05-14 at 5.36.33 PM

COPP

URNM

AI Data Center Power Requirements Increasing Demand For Critical Materials Like Copper And Uranium

Screenshot 2024-03-25 at 5.29.10 PM

Emerging Markets

BNAI

Beyond Big Tech - How Brand Engagement Network (NASDAQ: BNAI) Is Shaping The Future Of AI

Opinion

Press Releases

Tech Companies Leading the Charge in the Transformative AI Era

HiHello Welcomes Industry Leaders Shana Simmons and Eugenio Pace to Board of Directors

How AI is Transforming Marketing: Key Stocks to Watch in a $40B Industry

Small Cap

NIST Unveils New Encryption Algorithms: How Tech Companies Are Leading the Quantum Charge

Artificial Intelligence Influence on Global E-Commerce Market Expected to Skyrocket to $25 Billion By 2032

The Risks And Rewards Of Betting Big On AI & Big Data

AVAI

CSE:SCPE

EBAY

OKTA

RZLV

SCPCF

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

Autohome

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share

Baidu

KANZHUN LIMITED - American Depository Shares

Kanzhun

CarGurus

Trump Media & Technology Group Corp. - Common Stock

Trump Media & Technology

Trump Media & Technology Group Corp. - Warrants

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