Tesla Inc (NASDAQ:TSLA) shares surged more than 5.5% on Friday as investors welcomed signs of a possible détente between CEO Elon Musk and President Donald Trump following a volatile day of public sparring that had raised concerns over future regulatory risks.
Wedbush analyst Dan Ives acknowledged the drama surrounding the pair’s recent falling-out, calling it “one of the strangest Twilight Zone days we have seen” in years of covering Musk, but stressed the market reaction had gone too far.
Amazon.com Inc (NASDAQ:AMZN)’s growing investment in robotics represents a significant long-term cost-saving and margin-enhancing opportunity, analysts at Bank of America believe.
The analysts have a ‘Buy’ rating on Amazon and a $248 price target, implying upside from Friday’s share price of about $212.
Docusign (NASDAQ:DOCU) shares plunged more than 17% in early trade on Friday as the electronic document signing company reported mixed earnings for the fiscal first quarter.
A billings miss and lower fiscal 2026 billings guidance overshadowed beats on the top and bottom lines.
Broadcom Inc (NASDAQ:AVGO, ETR:1YD) saw its revenue surge 20% year-over-year in the second quarter driven by growth in its AI semiconductor segment.
For the quarter ended May 4, revenue was $15 billion, slightly above the Wall Street consensus of $14.97 billion.