Better

Universe

Disney

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div>
<p class="has-drop-cap">Major market movers on Monday included Tesla (NASDAQ: TSLA), Disney (NYSE: DIS), and onsemi (NASDAQ: ON), with each company experiencing significant stock price movements driven by recent developments and financial results. <br><br>As of 11:05 AM EDT on July 29, 2024, these three stocks drew investor attention for various reasons, ranging from analyst upgrades to blockbuster movie releases and earnings beats.</p>
<h3 id="tesla-shares-gain-after-morgan-stanley-selects-stock-as-top-pick">Tesla Shares Gain After Morgan Stanley Selects Stock as “Top Pick”</h3>
<p>Tesla (TSLA) shares surged 5.15% to $231.13 after Morgan Stanley <a href="https://tokenist.com/tesla-stock-gains-as-morgan-stanley-names-new-us-auto-top-pick/" rel="noopener noreferrer nofollow" class="deco-link">named</a> the electric vehicle maker its new “top pick” in the U.S. auto sector, replacing Ford (NYSE: F). <br><br>Analyst Adam Jonas cited Tesla’s effective risk management and dominance in the zero-emission vehicle (ZEV) credit market as key factors, projecting a 40% upside potential for the stock. Tesla’s ZEV credit revenue reached approximately $2,000 per unit in Q2, more than double its recent rate. However, analysts expressed skepticism about near-term expectations for Tesla’s Full Self-Driving (FSD) and robotaxi services. <br><br>Despite the day’s gains, Tesla’s year-to-date return remains negative at -6.99%, while its impressive five-year return stands at 1,420.22%.</p>
<div class="cta-referral"><img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
 <div class="cta-referral__text">
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking story.</a></p>
 </div>
</div>
<h3 id="disney-stock-climbs-as-latest-mcu-film-breaks-records">Disney Stock Climbs as Latest MCU Film Breaks Records</h3>
<p>Disney (DIS) stock climbed 2.08% to $91.80, buoyed by the <a href="https://www.bbc.com/news/articles/ckkgvkyely9o" target="_blank" aria-label="record-breaking success (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">record-breaking success</a> of its latest Marvel Cinematic Universe (MCU) film, “Deadpool &amp; Wolverine.” <br><br>The movie shattered box office records with a $205 million domestic opening weekend, surpassing analyst predictions of $160-180 million. Internationally, the film earned an additional $233.3 million, bringing its global total to $438.3 million for the weekend. <br><br>This success marks a turnaround for the MCU after a post-pandemic slump and helps the franchise become the first to cross $30 billion at the global box office. Disney’s year-to-date return is positive at 2.14%, although its five-year return remains negative at -35.66%.</p>
<h3 id="onsemi-stock-surges-on-better-than-expected-q2-results">onsemi Stock Surges on Better than Expected Q2 Results</h3>
<p>onsemi (ON) shares jumped 13.28% to $79.49 following <a href="https://tokenist.com/onsemi-on-reports-q2-2024-0-96-eps-1-74-billion-in-revenue/" class="deco-link" rel="noopener noreferrer nofollow">better-than-expected Q2 results</a>. The company reported revenue of $1,735.2 million, slightly exceeding expectations of $1.73 billion. <br><br>Non-GAAP EPS came in at $0.96, beating analyst expectations of $0.92. Despite year-over-year revenue declines across all business units, onsemi maintained robust gross margins, with GAAP and non-GAAP gross margins at 45.2% and 45.3%, respectively. <br><br>The company also increased its free cash flow by approximately $250 million year-over-year and returned about $650 million to shareholders through <a href="https://tokenist.com/investing/what-is-a-stock-buyback/" class="deco-link" rel="noopener noreferrer nofollow">stock repurchases</a> over the last 12 months. onsemi’s year-to-date return is -4.73%, while its five-year return stands at an impressive 261.07%.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p><em>Disclaimer: The author does not hold or have a position in any securities discussed in the article.</em></p>
<h3 id="br"><br></h3>
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/stocks-to-watch-today-disney-tesla-and-onsemi/">Stocks to Watch Today: Disney, Tesla, and onsemi</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Stocks to Watch Today: Disney, Tesla, and onsemi

目录

Tokenist

发布于 2024年7月29日的其他文章

University Of Wyoming Launches First-Ever Academic Bitcoin Research Institute

Bitcoin Research Institute launch: How will it impact BTC?

Bitcoin Reaches All-Time High After Long Correction

Terra Luna Classic v3.1.3 Upgrade Goes Live, LUNC Awaits Breakout

Jito Surpasses Lido To Secure 1st Spot As Leading Fees Generating Protocol

Binance Makes Key Update On PEPE, BONK & 6 Other Crypto

订阅我们免费的电子期刊，获取每日最新加密领域动态！