In today’s Get Real, we took a closer look at the recent trouble for Uber and an unexpected boost for Canopy Growth. We also saw that Facebook is on the spot again while the markets react to more unrest.
Uber’s hand in a self-driving car crash
Earlier this week, the National Transportation Safety Board found Uber at fault for a self-driving car crash that resulted in a fatality in March 2018. Uber (UBER) has been subject to regulators and safety concerns since the accident, and analysts remain positive about the stock despite all this trouble.
The Microsoft–Slack rivalry
Microsoft (MSFT) announced that its workplace chat app, Teams, has seen a massive surge in active users. Slack’s (WORK) active user count isn’t nearly as high, and the stock fell following the announcement.
Canopy Growth: Is the worst over?
Canopy Growth stock (WEED) saw a boost after an unexpected upgrade to “buy” from Bank of America. The cannabis industry has been struggling for some time now, but Bank of America thinks the worst could be over for Canopy.
Tesla versus Nio
Short interest between Tesla and Nio has diverged recently. Tesla’s (TSLA) short interest declined while Nio’s (NIO) climbed. Nio has also been experiencing all sorts of troubles while Tesla has continued to pioneer the electric vehicle space.
Target’s stellar Q3
What to watch for
AMD’s glorious market run could be over
Advanced Micro Devices (AMD) has had wonderful market momentum in 2019, but the company might be flying too close to the sun. Analysts and investors have been loving the stock, but are expectations too high?
Twitter and Snapchat put Facebook on the spot
Unreviewed political ad presence on social media has been hotly debated. Twitter (TWTR) has moved to ban these ads, and Snapchat (SNAP) has moved to review them for accuracy. Now, Facebook is under even more pressure to make a move.
Charisma might not cut it for GE stock anymore
General Electric stock (GE) has been doing well since the company’s third-quarter earnings results, but the stock dipped yesterday. CEO Larry Culp’s charisma and turnaround strategy have gotten the credit for boosting the company, but Wall Street might need more from GE soon.
A new snag for the US–China trade deal?
The US Senate recently expressed support of Hong Kong’s protesters by passing a Hong Kong Human Rights bill. The partial trade deal may be in trouble because China firmly opposes the bill. Plus, Trump has been threatening the markets with more tariffs.