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By Joel South Published
US stocks wobbled at the open but stabilized, with the Nasdaq Composite up 0.25% amid tech volatility. The S&P 500 gained 0.23%, while the Dow Jones Industrial Average dipped 0.07% to 47,115.27.
Investors await Nvidia’s high-stakes earnings Wednesday, testing AI hype amid valuation doubts—NVDA shares fell 0.74% after Peter Thiel’s fund sold a $100M stake. Berkshire Hathaway’s $5B Alphabet bet boosted GOOGL +5.83%. Rate-cut odds slipped to 45% ahead of Thursday’s delayed September jobs report. Bitcoin slid below $94K, erasing YTD gains. Biotech shines: Zymeworks +34%, Jazz Pharma +20% on cancer trial wins.

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| Ian Cooper
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Analysts at Stifel just reiterated a buy rating on Tesla (NASDAQ: TSLA), with a price target of $508.  “Following strong 3Q25 sales, we expect some headwinds for auto sales following the expiration of the U.S. EV tax credit. Importantly, we believe TSLA is making strong progress on FSD and Robotaxi, both of which we believe is critical to value creation,” said the firm, as also quoted by CNBC.

In addition, Stifel pointed to updates to Tesla’s full self-driving system, with the company planning to add “reasoning capabilities” in newer versions. The firm was also impressed with Tesla’s strong earnings and revenue. In its most recent quarter, Tesla posted revenue of $28.1 billion, which was well above estimates of $26.37 billion.

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About the Author Joel South →

Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.

He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.

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