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☆ Naomi Osaka knocked out of Wimbledon by American Emma Navarro
▼ + stars: | 2024-07-04 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Naomi Osaka was beaten in less than an hour by American Emma Navarro in the Wimbledon second round, losing 6-4 6-1 to the No. Navarro needed just 59 minutes to ease past four-time grand slam champion Osaka, who recorded her first win at Wimbledon since 2018 against Diana Parry in the first round. 113 in the world, Osaka was competing as a wildcard at Wimbledon this year. Osaka, who has won all four of her grand slam titles on hard courts, still hasn’t been past the third round at Wimbledon. 17 position and looks a real threat in SW19 after reaching the semfinals of the Bad Homburg Open in the lead up to Wimbledon.

Persons: Naomi Osaka, Emma Navarro, Navarro, Diana Parry, hasn’t, “, ”, There’s, Jordan Pettitt, ” Navarro, “ I’ve, I’m, Diana Shnaider, Sloane Stephens Organizations: CNN, Wimbledon, Osaka, Bad, Court Locations: Osaka, ” Osaka, SW19

☆ Victoria and David Beckham recreate their wedding day photos 25 years later
▼ + stars: | 2024-07-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +2 min

This was, of course, the holy union of Victoria and David Beckham. “I even had a top hat in purple,” David said in 2017 during an interview with BBC Radio 4. In photos shared on Instagram, Victoria and David posed in their purple glad rags in front of their wedding day thrones. “Yep, still got it!” The pair wrote. “Wearing purple on your wedding day.

Persons: Robin Hood, Damien Hirst —, Antonio Berardi, David Beckham, “, ” David, ” ’, Jimmy Fallon, Victoria Beckham, David, “ Can’t, it’s, ” Organizations: CNN, Victoria, BBC Locations: Dublin, British, Instagram, Victoria

☆ Forget crunches — elite gymnasts share 2 tips for better core workouts
▼ + stars: | 2024-07-04 | by ( ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTake your core workouts to the next level with simple techniques recommended by elite gymnasts. This story is available exclusively to Business Insider subscribers. AdvertisementJohnson routinely incorporates these hollow hold moves into her workouts. "Whether it's upper body or lower body or just a cardio day, I will always do core at the end," Johnson said.

Persons: —, KJ Johnson, Johnson, she's, you've, Fred Richard's, Fred Richard, Elsa, Richard, I've, It's, That's Organizations: Service, Louisiana State University, NCAA women's, Business, Team USA

☆ I loved my first visit to Switzerland — but my trip would've been better if I hadn't made these 5 mistakes
▼ + stars: | 2024-07-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

I think I would've been better off in a cheap hotel room, which likely would've had a better bed and no kitchen area, which I didn't need. Using Google Maps to locate bus stopsThis sneaky bus stop was in an underground pass beneath a building. I would walk to the exact spot where Google Maps said the bus stop was and see no signs or benches. I'd wander around looking for the bus stop while watching several buses drive past me without stopping. AdvertisementEach time, I had to ask a local or two where the bus stop was.

Persons: —, Moritz, Morgan McFall, Johnsen, I'd, would've, Airbnb Organizations: Service, Business, Google, SBB Locations: Switzerland, Zurich, Swiss, Europe, Sion, France, St, Johnsen Switzerland

☆ I tried a job simulation tool to learn about working as a consultant at BCG
▼ + stars: | 2024-07-04 | by ( Tim Paradis | ) www.businessinsider.com time to read: +2 min

That's because after using a job simulation tool for a short time, I have a better sense of what working at the prestigious consulting firm might be like. This story is available exclusively to Business Insider subscribers. He told Business Insider that, growing up in a small town in Australia, he didn't come from a line of bankers, lawyers, or accountants. In the roughly 90 minutes I spent using Forage, the tool made me do some work. The tool also made me think like a consultant — or at least try to.

Persons: —, they'd, Goldman Sachs, Tom Brunskill, Brunskill Organizations: Service, Boston Consulting, KPMG, JPMorgan, Business, EAB Locations: San Francisco, Australia

☆ Putin and Kim Jong Un are getting alarmingly close, and it's put US ally South Korea in a predicament
▼ + stars: | 2024-07-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Read previewRussia and North Korea's newfound friendship has left key US ally South Korea in a predicament with few good options. Last month, Russian President Vladimir Putin visited Pyongyang, where he and North Korean leader Kim Jong Un further strengthened their partnership. SEOUL, SOUTH KOREA: A TV at Yongsan Railway Station shows North Korea's fired Hwasong-18 solid-fuel intercontinental ballistic missile (ICBM). Russian President Vladimir Putin and North Korea's leader Kim Jong Un drive a Russian Aurus limousine during their meeting in Pyongyang, North Korea. With Putin supporting North Korea, tensions are higher between Pyongyang and Seoul, and the two could find themselves on the brink.

Persons: —, Vladimir Putin, Kim Jong, Korea's, KIM Jae, Sue Mi Terry, Putin, he's, Victor Cha, they've, Cha, Terry, what's, Caesar, LIONEL BONAVENTURE, Kim Organizations: Service, North, Business, SOUTH, Getty, Council, Foreign Relations, South Korean, Ukraine, KCNA, Reuters, Center for Strategic, International Studies, Putin Locations: Russia, North, South Korea, Seoul, Ukraine, North Korea, Russian, Pyongyang, SEOUL, SOUTH KOREA, Yongsan, Korea, North Korean, Moscow, Asia, Poland, Ukrainian, Tarbes, France, Kyiv, China, United States

☆ The bull case for small caps as the second half kicks off
▼ + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.

Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley

My dad taught me to live within my means and never to carry credit card debt. Below, you'll find a few things my father taught me about money ... and one thing I wish he had. Pay off credit cards at the end of the monthWhile Dad made his opinions clear on debt, he was okay with credit cards. Dad taught me to be generous but wise in my giving. What my dad missedMy dad did a lot of things right in teaching me about finances.

Persons: —, Dad, Dave Ramsey, I've, Warren Buffet's, He's, doesn't Organizations: Service, World, IBM, Apple, Microsoft Locations: St, Ignace , Michigan

☆ Biden facing intense scrutiny as campaign ramps up unscripted events
▼ + stars: | 2024-07-04 | by ( Betsy Klein | ) edition.cnn.com time to read: +5 min

In a radio interview taped Wednesday that aired Thursday, Biden made some verbal missteps. Reached for comment Thursday night, a Biden campaign spokesperson slammed the “absurdity” of criticism of the president’s missteps. “It was clear what President Biden meant when he was talking about his historic record including a record number of appointments to the federal bench. This is not news and the media has passed the point of absurdity here,” Biden campaign spokesman Ammar Moussa said. I don’t debate as well as I used to,” Biden said last Friday at a Raleigh, North Carolina, campaign rally.

Persons: Joe Biden’s, Biden, George Stephanopoulos, “, —, ”, Andrea, Sanders, ” Biden, Ammar Moussa said, bungle, Donald Trump, didn’t, you’re, CNN’s Phil Mattingly, Samantha Waldenberg, Arlette Saenz Organizations: CNN, Democratic, ABC News, NATO, Biden, Air Force Locations: Philadelphia, Wisconsin, France, United States of America, ’, Raleigh , North Carolina

☆ Netflix stars are accusing 'Perfect Match' contestant Bryton Constantin of being homophobic and transphobic
▼ + stars: | 2024-07-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewMultiple Netflix stars have accused "Perfect Match" contestant Bryton Constantin of making homophobic and transphobic comments, pulling the streaming service into another reality show controversy. Around the release of the series finale, four more Netflix stars accused Bryton of expressing anti-LGBTQ+ sentiments. The drama escalated just before the "Perfect Match" season two finale aired on June 21, when several more queer Netflix reality stars called out Bryton on TikTok. AdvertisementLexi Goldberg, a contestant from "The Ultimatum: Queer Love" season one, called Bryton "an ignorant piece of shit" on June 22. Dominique also said Bryton called her out and made homophobic comments again during a professional event after filming.

Persons: —, Bryton Constantin, Bryton, Dominique Defoe, Dominique, Tudum, Adam, Steve, Dash Katz, Dash, Sophia Layne, Sophia, Francesca Farago, Lexi Goldberg, Lexi, it's Adam, Brittan Byrd, dominique defoe Dominique Organizations: Service, Business, Netflix, Bryton

☆ Hong Kong's IPO market is finally starting to turn around, consulting firm EY says
▼ + stars: | 2024-07-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024. "We are seeing more of these [U.S. dollar] funds, they are moving back to Hong Kong. "I would say if the interest rate can be further cut down, 1% maybe, that would have a significant effect on the IPO market," Chan said. Hong Kong IPO returns are improving. "These things added together are projecting an upward trend for the Hong Kong market [in the] next 5 years."

Persons: George Chan, Chan, EY, Hong Kong, Marcia Ellis, Morrison Foerster, Hong Kong IPOs, China IPOs, Bonnie Chan, EY's George Chan, EY's Chan Organizations: Hong Kong Exchanges, China News Service, Getty, CNBC, Information, HK, China Securities Regulatory, Hong Kong . Investors, U.S . Federal Reserve, Hong Kong Stock Exchange, Hong, Hong Kong Locations: BEIJING, Hong Kong, China, U.S, Shanghai, Hong, Greater China

☆ Dangerous feral hogs that destroy lawns and eat plastic are growing across the US, and states can't kill them fast enough
▼ + stars: | 2024-07-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

The US has been trying to keep the feral pig population — estimated to be between 6 and 9 million — in check for over a decade. Feral pigs will eat almost anythingAlan Biggerstaff of Nuisance Wildlife Management & Control set up hog traps in Texas in 2019. Mayer has seen feral hogs forage at landfills and feed on diapers, rubber bands, and plastic. AdvertisementWhen feral pigs start rooting in grass, they can leave a mess behind, as this photo from 2014 shows. Mayer said another factor that makes controlling wild hogs difficult is that the entire country is a mosaic of different methods.

Persons: —, Jack Mayer, Mayer, Alan, Brett Coomer, they're, wilder, Gerald Herbert, Robert F, You've Organizations: Service, Business, Laboratory, Management, Control, Houston, Getty, Texas Locations: San Antonio , Texas, Texas, Florida, Georgia, Savannah, North America, England, Louisiana, Ohio, Kentucky, Oklahoma

☆ AI is amplifying social media disinformation — and making Big Tech civilly liable may be the key to stemming it
▼ + stars: | 2024-07-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

AI-generated so-called deepfakes are only exacerbating the problem and making it easier than ever to spread disinformation and misinformation via social media. Social media companies are protected from civil liability under a US lawSocial media has largely gone unregulated since its birth nearly three decades ago. So what's been the struggle for the government to address the issue of disinformation and misinformation on social media head-on? Related storiesMcQuade proposed amending Section 230 in order to hold social media companies accountable under certain circumstances. Major social media companies have their own misinformation policiesMany major social media companies, including Meta, TikTok and X, have their own policies when it comes to tackling misinformation and disinformation.

Persons: —, Barbara McQuade, McQuade, we've, what's, Gautaum Hans, Hans, there's, Donald Trump, Joe Biden, Biden, We've, abetted, Meta, Taylor Swift, Elon Musk Organizations: Service, United, Business, University of Michigan, US Department of Homeland Security, ABC News, Social, Communications, Big Tech, Cornell University, Republican, Democratic, US, Twitter, Google, Meta, Elon

☆ They left the US for Ecuador for a better life. Then the country was plunged into a state of emergency
▼ + stars: | 2024-07-03 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

From the outside, Ecuador now looked far from an ideal place to escape the pressures of life in their former US hometown, Albuquerque. But despite ongoing political tensions, the couple say that they have no regrets about moving there and love their new lives. Harrison and Phillips say that, while they were getting trickles of information, they were not aware of the seriousness of the situation until much later. After some soul searching, Harrison and Phillips decided that Ecuador would be the best place to spend their retirement. Ecuador calling“I think we’ve adapted to life in Ecuador pretty, pretty readily,” says Dan.

Persons: Ruth Harrison, Dan Phillips, ”, Daniel Noboa, Rodrigo Buendia, hasn’t, Phillips, “, Harrison, they’d, We’re, ” Harrison, Ruth, Ruth “, hadn’t, Dan, Ruth “ Expats, it’s, she’s, curt ”, you’ve, Harris, they’ve, ” He’s, she’d, expats who’ve Organizations: CNN, US State Department, Getty, CNN Travel, Facebook, Ecuadorian, “ Locations: Ecuador, Albuquerque, AFP, Ecuadorian, Cuenca, “, Italy, Portugal, Spain, Mexico, Baltic, Colombia, Panama, Guayaquil, Montana, America, Kentucky

☆ I'm the son of a billionaire who forged my own career path
▼ + stars: | 2024-07-03 | by ( Jane Zhang | ) www.businessinsider.com time to read: +9 min

And if you're not going to do a job, don't do a job." AdvertisementThe next summer, I got a product management internship at a startup called Travelnuts, which I liked. At a certain point, maybe I'll plateau or stop progressing, and I'll have to choose to stop because I'm just not good enough. I'm 29 now, so the idea that in about five years, I'm supposed to roughly know my trajectory kind of haunts me. I'm pretty confident in my comedy, so I'm full speed ahead on being a comedian.

Persons: Pete Ballmer, Steve Ballmer, would've, Harry Potter, he'd, I'd, I'm, I've, wouldn't, Jane Zhang Organizations: PCWorld Magazine, Business, Stanford, Zynga, Friends Locations: San Francisco, TripIt, Farmville, Expedia, Bay, janezhang@businessinsider.com

☆ How much you need to save each month to retire with $1.46 million on a $50,000 salary
▼ + stars: | 2024-07-03 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

The amount of money Americans think they'll need to spend their post-work years in comfort keeps rising. On average, Americans say they'll need around $1.46 million to retire comfortably, according to Northwestern Mutual's 2024 Planning and Progress study. And younger generations think they'll need even more. Gen Z, defined as people between the ages of 18 and 27, say they'll need around $1.63 million, according to the study. Millennials, defined as those 28 to 43, expect they'll need $1.65 million.

Persons: Aditi Javeri Gokhale, Northwestern Organizations: CNBC Locations: Northwestern

☆ The mandate from Kamala Harris’ camp: Stay the course, dispel Biden replacement theories
▼ + stars: | 2024-07-03 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +3 min

Washington CNN —Vice President Kamala Harris’ camp is digging in and dismissing calls for her to replace President Joe Biden on the ticket amid escalating calls for the president to step aside and new polling showing the vice president outpacing Biden in a hypothetical race against Donald Trump. The mandate among Harris campaign staff is to remain firm, stay in line and keep the focus on the Biden-Harris ticket, one source told CNN. “Look, Joe Biden is our nominee. “I am proud to be Joe Biden’s running mate,” she later added. “We talk about President Biden’s administration being the most successful administration in modern history.

Persons: Kamala Harris ’, Joe Biden, outpacing Biden, Donald Trump, Harris, Trump, ”, “, Joe Biden’s, Tim Ryan, Biden’s, ” Ryan, CNN’s Jake Tapper, Harris ’, Biden, ” Biden Organizations: Washington CNN —, Biden, CNN, CBS, Trump, Former Democratic, Democratic, White Locations: Biden’s

☆ We were child-free and lonely, so we started a walking group for other women — and 80 people showed up
▼ + stars: | 2024-07-03 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

But, like many child-free women, they'd prefer if the conversation at gatherings wasn't always focused on babies and weddings. "How do you meet people your age if you don't have kids and you don't meet people through that group?" At the first Women Who Walk event in September 2023, 80 women showed up. In the US in 2022, there were 21.9 million women aged between 20 and 39 who did not have children, which is 4.7 million more women than anticipated, according to the Carsey School of Public Policy. For this reason, Curthoys and Collins never expected the women who joined up to be so vulnerable immediately.

Persons: —, Lisa Collins, Sophie Curthoys, Collins, everyone's, That's, Curthoys, it's, Gen Zers Organizations: Service, Business, US National Center for Health Statistics, Carsey School of Public, BI, WSJ Locations: St Albans, Guildford, Brighton

☆ Two luxury rivals are joining forces — and Amazon is getting in on the action
▼ + stars: | 2024-07-03 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

In a deal that shows just how hard things are getting in the luxury retail space, Saks Fifth Avenue's parent is purchasing rival department store company Neiman Marcus for $2.65 billion, The Wall Street Journal reported. Amazon — which has long tried to boost its luxury offerings as part of its "everything store" concept — and Salesforce are getting in on it, too, with both taking minority stakes in the new company, Saks Global. As e-commerce and the power of luxury conglomerates like LVMH and Kering have grown, department stores are facing diminishing returns. If not, rather than schlep back to the department store, why not go straight to the source, the Loewe boutique? It also makes the new company's leader — Marc Metrick, who runs Saks' e-commerce business — a natural choice.

Persons: Neiman Marcus, Taylor, Macy's, Bergdorf Goodman, Porter, Loewe, — Marc Metrick, Louis Vuitton, Gucci, Saint Laurent, Kering, Neimans, They've, Bernard Arnault's LVMH Organizations: Service, Saks Fifth, Street Journal, Saks Global, Loewe, Saks, Dior Locations: New York

☆ Democratic governor says Biden ‘fit for office’ after president meets with group of state leaders
▼ + stars: | 2024-07-03 | by ( Jack Forrest | ) edition.cnn.com time to read: +4 min

Tim Walz said Wednesday that President Joe Biden is “fit for office,” following a meeting with the president as he looks to ease fears about his ability to lead the country and take on Donald Trump in November. “Yes, fit for office,” the governor said in response to a question from a reporter, shortly after the closed door meeting between Biden, Vice President Kamala Harris and nearly every Democratic governor in the country. Moore, largely considered to be a rising star in the Democratic Party, described the meeting as “honest” and “candid” as the governors shared concerns with the president. What we saw in there today was a guy who was the guy that all of us believed in the first time who could beat Donald Trump and he did beat Donald Trump.”Democratic Govs. In a statement to CNN, Newsom said, “I heard three words from the President – he’s all in.

Persons: Tim Walz, Joe Biden, Donald Trump, “, Biden, Kamala Harris, Walz, — Walz, Wes Moore, Kathy Hochul —, Moore, ” Moore, we’re, ” Hochul, ”, ” Walz, ” Democratic Govs, Gavin Newsom, Gretchen Whitmer, Newsom, – he’s, Joe Biden’s, Whitmer, Harris, CNN’s Elise Hammond, Samantha Waldenberg, Kit Maher, Betsy Klein Organizations: CNN, Minnesota Democratic Gov, Democratic, White House, Maryland Gov, New York Gov, Democratic Party, ” Democratic Locations: Maryland, Michigan

☆ Record numbers of people are flying. So why are airlines’ profits plunging?
▼ + stars: | 2024-07-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Airlines face numerous problems, including higher costs, such as fuel, wages and interest rates. And problems at Boeing mean airlines have too few planes to expand routes to support a record numbers of flyers. Labor costs and jet fuel prices, the airlines’ two largest costs, are both sharply higher this year. Jet fuel prices are climbing because of higher demand in the summer. Southwest announced in April that it would stop serving four airports to trim costs — Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Syracuse Hancock International Airport in New York and Houston’s George Bush Intercontinental Airport.

Persons: that’s, Houston’s George Organizations: New, New York CNN, Boeing, Labor, Airline, Jet, International Air Transport, Airbus, Alaska Airlines Boeing, Max, Federal Aviation Administration, Southwest, Bellingham International Airport, Cozumel International, Syracuse Hancock International, Houston’s George Bush Intercontinental Locations: New York, Southwest, United, Washington state, Cozumel, Mexico, Syracuse

☆ Biden is isolated and insulated by a team of top aides who strictly control the advice he's given, per Politico
▼ + stars: | 2024-07-03 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

A senior administration official told Politico: "He doesn't take advice from anyone other than those few top aides, and it becomes a perfect storm because he just gets more and more isolated from their efforts to control it." One source close to Biden's campaign told Politico: "If I'm talking to Anita, and I say, 'what about X?' Related storiesA senior administration official Politico spoke to also accused Biden of being unpleasant to be around when he's being briefed. Advertisement"It's like, 'You can't include that, that will set him off,' or 'Put that in, he likes that,'" the official told Politico. "I think he has misplaced trust in these three people, and I believe he has from the inception," Morgan told Politico.

Persons: —, Joe Biden's, White, Biden, Anita Dunn, Bob Bauer, Ron Klain, Anita, he's, John Morgan, Morgan, Biden didn't Organizations: Service, White House, Politico, Business, Democratic, Business Insider

☆ This fund manager beating the market is betting AI stocks like Micron will outperform again in second half
▼ + stars: | 2024-07-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

The second half of the year is underway, and investor Andrew Graham thinks technology stocks will continue to lead the market higher. Investors have debated whether technology stocks can sustain their lofty gains, or if the market rally is due to broaden. The investor likes semiconductor names such as Nvidia and Micron , which he said should benefit from the ongoing memory cycle. MU YTD mountain MU year to date Outside of tech, Graham favors industrials, which are adjacent to the AI theme. The portfolio manager also has positions in NextEra Energy , which he thinks is primed to capitalize on AI.

Persons: Andrew Graham, Graham, —, industrials, that's, Eli Lilly, Capital's Organizations: Nvidia, Investors, Jackson, Capital, CNBC, Micron, MU, Arista, Dell, Arm Holdings, Broadcom, NextEra Energy Locations: Eaton, Graham, U.S

☆ An influential Democratic donor says Biden has 'misplaced trust' in a 'cabal' of 3 top aides
▼ + stars: | 2024-07-03 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Read previewDemocratic megadonor John Morgan has joined the camp of people pointing fingers at President Joe Biden's top aides for his poor debate performance. That group includes Biden's senior advisor, Anita Dunn; her husband, Bob Bauer, Biden's personal attorney; and Biden's former chief of staff, Ron Klain. This story is available exclusively to Business Insider subscribers. AdvertisementAnother longtime Democratic donor, Whitney Tilson, said in a Saturday post on X that he felt "deceived" by Biden's performance. Morgan and representatives for Biden didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: —, John Morgan, Joe Biden's, Morgan, Anita Dunn, Bob Bauer, Ron Klain, Biden, @katierogers — John Morgan, Harris, Trump, Whitney Tilson, Joe Biden, Tilson, Biden didn't Organizations: Service, Politico, Business, CNN, Biden, Bloomberg, Democratic, Trump, Business Insider

☆ 'The worst is in the rearview mirror': Why Wall Street thinks Tesla's comeback story is finally here
▼ + stars: | 2024-07-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Tesla stock had a tough first half of 2024 but Wall Street is eyeing a turnaround. Tesla deliveries slumped for the second quarter in a row, but they were stronger than analysts had expected, with clocking in at 443,956, compared to estimates of 436,000. AdvertisementTesla also reduced its inventory over the second quarter and boosted its energy storage to an all-time high. Morgan Stanley reiterated its "overweight" rating on Tesla stock with a price target of $310, implying another 30% upside. In the most bullish scenario, Tesla stock could rally to $400 by the end of the year, Ives said, implying 63% upside from current levels.

Persons: —, Wall, Musk, Tesla, Morgan Stanley, Elon, Garrett Nelson, Robotaxi, Nelson, CFRA, Keith Fitz, Gerald, Gerald Research, Dan Ives, Wedbush, Ives Organizations: Service, Elon, Wall Street, Investors, Tesla Energy, CFRA, CNBC, Wedbush Securities

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