Apple CEO Transition, Tesla Slides Over 3%, Microsoft Boosted by BofA Target Hike
Market Pulse·
- On September 1, U.S. stock markets closed with mixed performances among major indices as key tech giants experienced significant developments.
- Apple officially completed its historical CEO transition with John Ternus succeeding Tim Cook, while Tesla shares pulled back over 3% due to profit-taking and technical digestion.
- Microsoft received a target price upgrade to 600 dollars from Bank of America driven by strong AI strategies, and NIO reported robust Q2 results alongside lower-than-expected Q3 guidance.
