Esha Dey

Business, Technology

Goldman Sachs: Buy Tesla and Stocks With Electric-Car Exposure

Pedestrians walk past a Tesla dealership in Shanghai, China, on April 6. Pedestrians walk past a Tesla dealership in Shanghai, China, on April 6. (Qilai Shen/Bloomberg News)

The significant pullback in U.S. auto stocks creates an opportunity for investors to own long-term growth names including Tesla Inc. and other companies exposed to electric vehicles, Goldman Sachs said.

Esha Dey | Bloomberg News
April 15, 2020
Business, Technology, Autonomous

Tesla Headed for More Than 50% Rally in Just Seven Sessions

Tesla Customers look at Tesla Model S 90D electric vehicles parked at the company's charging station in the Starfield Hanam shopping complex in Hanam, South Korea. (SeongJoon Cho/Bloomberg News)

Tesla Inc. is headed for its seventh straight session of gains after Credit Suisse upgraded the electric-car company whose stock has been on a tear since its first-quarter delivery report.

Esha Dey | Bloomberg News
April 14, 2020
Government, Business

Pandemic Offers a Unique Shot at US Infrastructure Reform

Concrete dividers sit stacked during highway construction in Ohio in July 2017. Concrete dividers sit stacked during highway construction in Ohio in July 2017. (Ty Wright/Bloomberg News)

Back in early 2017, investing in companies involved in infrastructure projects seemed like a smart idea, given newly elected President Donald Trump’s enthusiasm for building roads, bridges and walls. That it was also a spot of rare bipartisan agreement only bolstered the argument.

Esha Dey | Bloomberg News
April 9, 2020
Business, Technology, Equipment, Autonomous

Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals

Tesla Musk via Patrick T. Fallon/Bloomberg News

The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.

Esha Dey | Bloomberg News
December 13, 2019
Business, Technology

Barclays: Uber, Lyft ‘Well Positioned’ to Turn a Profit

Uber app The Uber app is seen open on a cellphone in London on Nov. 25, 2019. (Kirsty Wigglesworth/Associated Press)

A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc. When will they turn a profit?

Esha Dey | Bloomberg News
December 10, 2019
Business, Logistics

GM Strike May Have Cost Over $1 Billion So Far, JPMorgan Says

General Motors Anthony Lanzilote/Bloomberg News

The workers strike at General Motors Co., currently in its third week, already may have cost the carmaker over $1 billion, JPMorgan analyst Ryan Brinkman wrote in a note to clients.

Esha Dey | Bloomberg News
October 1, 2019
Business, Technology

Tesla’s ‘Low-Controversy Execution’ Earns Praise From Analyst

Tesla is quietly drawing some praise from analysts. A Tesla showroom. (David Paul Morris/Bloomberg News)

Tesla Inc.’s recent progress in a few key initiatives while showing increased efficiency in fulfilling its global order book — all in a relatively quiet manner — is music to the ears of one analyst.

Esha Dey | Bloomberg News
September 3, 2019
Business, Technology

Tesla Analysts Warn on Demand, Profits as Quarter Nears End

Tesla Justin Chin/Bloomberg News

The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”

Esha Dey | Bloomberg News
June 20, 2019
Business, Logistics, Top 100

FedEx May See Lackluster Results Lingering Into Next Year

FedEx Truck Scott McIntyre/Bloomberg News

FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.

Esha Dey | Bloomberg News
June 20, 2019
Business, Technology Craters Without Postal Service Partnership

Packages Andrew Harrer/Bloomberg News plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.

Esha Dey | Bloomberg News
May 9, 2019