In today’s Get Real, we saw that a judge ruled that Elon Musk threatened employees. AT&T stock is up, while Aurora Cannabis expands its growing methods. Plus, is China’s slowdown over?
Is China’s slowdown over?
Yesterday, China released better-than-expected manufacturing PMI data. The PMI perked up for the first time in five months. However, many other economic factors point to a slowdown.
Musk threatened Tesla employees
Tesla CEO Elon Musk is in a jam again. A California judge ruled that Musk threatened employees in a tweet in 2018. The tweet focused on the unionization of Tesla employees, which Musk opposes.
Trump should be cautious: Janet Yellen weighs in
Former Fed Chair Janet Yellen thinks that the current growth rate projection is too high. President Trump doesn’t think the trade war has impacted the US economy. He should be careful with the economic growth rate as US-China relations evolve.
Why is AT&T stock up?
AT&T stock hasn’t been having a good time lately, but it rose last week. Evercore ISI raised its target price on the stock. The company’s recent dividend hike also contributed to the rise.
AMD and NVIDIA’s price momentum
Advanced Micro Devices and NVIDIA are both high-performing stocks in the GPU market. We dissected both of the companies and compared their price momentum.
What to watch for
Aurora Cannabis wants to expand outdoors
Aurora Cannabis plans to expand its cannabis production to outdoor sites in Quebec and British Columbia. There are concerns about future yields’ potency and theft risks.
Q4 earnings might not help Costco
Costco will likely report its fourth-quarter earnings on Thursday. The upside for Costco stock seems limited due to its high valuation. We’ll have to see how the company’s earnings look.
Apple stock: Warren Buffett isn’t always right
Berkshire Hathaway is Apple’s second-largest shareholder, while Warren Buffett has a stake in the company. Buffett already said that he wouldn’t add more Apple stock at high prices. Will his tactic pay off in the future?
Cramer and Wells Fargo are at odds about Lyft
Recently, Lyft stock hit new record lows. Analysts and Wells Fargo have been positive about Lyft and Uber’s potential. Jim Cramer, CNBC’s Mad Money host, isn’t as hopeful about the company.
Want to receive these can’t-miss updates before the market opens and right to your inbox? Sign up for Get Real, Market Realist’s free daily newsletter with the highlights you need to start your day.