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Tesla News 28 June 2025

Tesla Inc. – Mid-2025 Comprehensive Company Report (June 28th, 2025)

Tesla Inc. – Mid-2025 Comprehensive Company Report (June 28th, 2025)

In Q1 2025, Tesla posted net income of about $0.4 billion, produced roughly 362,600 vehicles and delivered about 336,700, with volume weakness tied to a refreshed Model Y rollout across four plants. For full-year 2024, Tesla reported revenue of $97.7 billion and net income of $7.1 billion, with automotive gross margins falling to around 15% after peaking above 30% in 2021–2022. By mid-2025, Tesla’s stock was down about 19% year-to-date after peaking near $488 in December 2024, amid concerns over demand and leadership turnover. The Redwood mass-market platform aims to start production by mid-2025 at Gigafactory Texas, with first output
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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