Weekly Recap | Luckin Coffee -3.73%, consensus target above spot
Weekly Review·- Luckin Coffee ADR accumulated a 3.73 % drop this week to close at 34.81 USD, accompanied by a high volatility of 9.73 % and an increased trading volume. - The company announced an expanded share buyback plan to signal confidence in its cash flow, while 13 out of 15 institutional analysts rated the stock as a buy or overweight with a consensus target price of 48.07 USD. - Investors will monitor whether the share buyback can stabilize the stock price amid upcoming macroeconomic data releases such as the PPI.Key facts: Tesla, Inc. NHTSA audits Cybercab; Austin rides; shares -5.6%
TradingView·- The NHTSA initiated an audit of approximately 1,000 Tesla Cybercab vehicles to evaluate compliance regarding the omission of traditional driving controls, while Tesla launched limited public robotaxi rides in Austin with around 45 vehicles. - Tesla shares fell 5.6 % following the Cybercab event amid analyst concerns over vague details, regulatory hurdles, and unresolved questions regarding production scale and deployment numbers. - Market analysts expressed mixed reactions, with some citing potential robotaxi upside and cost cuts, while others highlighted significant governance and regulatory risks.Weekly Recap | Alibaba -4.76%, placement raises dilution concern
Weekly Review·- Alibaba shares fell 4.76 % this week to close at 113.24 dollars, underperforming the S & P 500. - The decline was primarily driven by equity dilution pressures from a 10.2 billion dollar AI stock issuance and a prior 75 % drop in net income. - Despite the downward pressure, 38 out of 42 covering institutions maintained buy or overweight ratings with an average target price of 186.82 dollars.Weekly Recap | BABA-W -3.59%, consensus target 60% above spot
Weekly Review·- Alibaba-W dropped 3.59 % this week to close at 110.1 HKD, underperforming the Hang Seng Index by 3.92 percentage points amid capital expansion and short-term funding pressures. - The company raised about 10.2 billion USD through a new share placement, triggering dilution concerns and a temporary drop in stock price. - Despite short-term price pressure, 25 out of 28 covered institutions rated the stock as buy or overweight, with a consensus target price of 176.46 HKD.Weekly Recap | BABA-WR -3.78%, consensus target above spot
Weekly Review·- Alibaba - WR declined by 3.78 % this week to close at 94.15 HKD, underperforming the Hang Seng Index by 4.11 percentage points amid heavy trading volume. - The sole covering institution maintained a strong buy rating with a consensus target price of 149 HKD, which is 58.26 % higher than the current price. - Future performance will depend on upcoming macroeconomic data releases such as Hong Kong's unemployment rate and CPI.Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market
MarketWatch Automated·- Alibaba Group Holding Ltd. ADR advanced 1.28 % to $113.24 on Friday while major market indexes declined. - The stock closed 41.23 % below its 52-week high of $192.67 reached on October 2nd. - Performance compared to competitors was mixed, with some rising and others falling during the trading session.Tesla Cybercab Fleet Purchase Program Could Open Robotaxi Network to Third Parties
DriveTeslaCanada·- Tesla launched an online inquiry form to gauge business interest in purchasing Cybercab fleets, building mobility infrastructure, and collaborating on its robotaxi network. - This initiative suggests Tesla may become the first robotaxi company to allow third parties to buy vehicles and technology to operate their own autonomous fleets. - While the program focuses on business fleets, Tesla has not yet announced pricing, a retail sales program, or a timeline for individual consumer purchases.Tesla Full Self-Driving can now take over manual driving to avoid a collision
Electrek·- Tesla is rolling out FSD Supervised v14.3.9, introducing a new active safety feature set designed to enhance vehicle collision avoidance. - The updated software can now automatically activate during manual driving when an imminent crash is detected and standard Automatic Emergency Braking is insufficient. - By taking directional control and steering around obstacles, the system aims to prevent accidents where braking alone is not enough.Tesla Reveals New Cybercab Details As It Officially Joins Robotaxi Fleet at 5pm Tonight
DriveTeslaCanada·- Tesla officially launched its Cybercab robotaxi at an Austin event, revealing specifications such as a drag coefficient below 0.20 and an unboxed manufacturing process that reduces production line size by 50 %. - The autonomous vehicle features a two-seater cabin designed for over 80 % of typical trips, integrated Grok assistance, and accessibility enhancements including Braille and large butterfly doors. - Tesla announced that its Robotaxi fleet has accumulated over 1 million miles of unsupervised driving, with public rides in Austin scheduled to open at 5 p.m. CT with an initial fleet of 45 registered units.