Wall Street is set to open higher as potential coronavirus vaccines from Pfizer and BioNTech get 'fast track' approval from the FDA.
The price cut comes after the carmaker in May also lowered the price for its Model 3, S and X in North America. In China, price cuts were issued for Model S and X vehicles. The price reductions for the Model Y may help Tesla continue sales momentum despite the coronavirus' impact to the broader auto market. , according to its executive chairman, Marcelo Claure.
Apple's shipments of its MacBook computers will rise more than 20% this quarter compared to the prior three months, according to a story in tech publication DigiTimes citing supply chain sources. Warehouse retailer Costco was rated "overweight" in new coverage at Atlantic Equities, with a $375 price target. The firm calls Costco a high quality retailer with predictable profitability driven by recurring membership fees.
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