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10 things to watch in the stock market monday include and tesla

A Tesla Superchargeer station in North Vancouver, British Columbia, Canada, on Tuesday, Sept. 13, 2022.

Bloomberg | Bloomberg | Getty Images

10 things to watch Monday, March 3

, Today’s newsletter was written by jeff marks, Director of Portfolio Analysis.

1.Stocks are poised for a higher to start March Folling a strong oversold rally in Friday’s session. Wall street is continuing to watch the latest trade headlines, with President Donald Trump’s Tarifs on Mexican and Canadian Imports Set to Go Into Effects Set to Go Into Effect Tomorrow.

2.Bitcoin and other cryptocurrencies surging after Trump Announced a US strategic crypto reserveThe announcing is receiveing ​​some pushback for not soly being a bitcoin fund. Trump said it also will include XRP and Ether, Among other.

3.Morgan Stanley’s Well-Known Auto Analyst Adam Jonas Made Tesla His Top Pick in Us Autos Again Folling The Stock’s 27.5% Year-to-Date Decline. Shares of Tesla Added Around 3% this morning.

4.Chipotle was upgraded to a buy-equivalent overweight from equal weight at morgan stanley. The analysts, who also raised their price target to $ 70 a share from $ 65, believe the recent slowdown in sales is a short-term headwind. Also, Chipotle Ceo Scott BOATRIGHT TOLD “NBC Nightly News” The burrito chain will absorb any tariff-Related cost increases.

5.Evercore is “positive tactical call” on Krager Ahead of earnings on Thursday, arguing the stock will start to get credit for defensive growth. Later this morning, though, krger announced longtime Ceo Rodney McMullen Resigned after a personal Conduct Investigation. Evercore also put a tactical underperform call on best buy ahead of earnings. We exited our position in the retail last month to protect gains.

6.Anheuser-Busch Inbev was upgraded to buy at deutsche bank on improvement and cash flow. Alcohol stocks have been a tough place to be, but ab inbev has found some momentum lately. The World’s Larget Brewer Reported Better-That-Expected Quarterly sales last week.

7.Southwest airlines was downgraded to a sell-equivalent underweight by jpmorgan on Valuation ahead of its industrys conference. Southwest has Facted Pressure from Activist Elliot Mangement, which secure board seats at the company last fall.

8.Club name Apple’s More conversational version of siri that leverages ai is behind Scheduled and Won’T be unveiled in June, Bloomberg news reportedThe come after Fellow Club Holding Amazon Announced a Revamped, AI-Infused Alexa Last Week.

9.Abbvie Is entering the obesity market through a licensing agreement with the danish firm gubra for its amylin treatment. Amylin, like GLP-1, is a hormone linked to appetite and body weight. Wegovy Maker Novo Nordisk and club name Eli lillyWhich has zepbound, are still ahead in trials for next-generation obesity treatments.

10.Intel shares are Jumping Nearly 6% After Reuters Reported that Club Names Nvidia and Broadcom are running manufacturing tests with the struggling chipmaker. Intel has been aggressive heavily to catch tsmc in leading-edge chip production.

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