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Morning Brief anchors Seana Smith and Brad Smith break down the latest stock market developments on Yahoo Finance.
Tesla (TSLA) plans to increase prices in Canada starting in February. The Model S, X, and Y will see price increases of $2,750 USD, while the Model 3 will experience a price hike of up to $6,200 USD.
Electronic Arts (EA) stock is declining after Wall Street turned bearish on the company. Raymond James and BMO Capital Markets both downgraded the stock following disappointing preliminary fiscal third quarter results and weak profit guidance.
Meanwhile, Loop Capital raised its price target on Super Micro Computer (SMCI) from $35 to $40 per share, citing a strong growth outlook for 2025, though they anticipate continued stock volatility.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith