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10 things that can be seen on the stock market on Monday, including Bitcoin and Tesla

A Tesla Supercharger Station in North Vancouver, British Columbia, Canada, on Tuesday, September 13, 2022.

Bloomberg | Bloomberg | Getty pictures

10 things you should see Monday, March 3rd

Today's newsletter was written by Jeff Marks, director of portfolio analysis.

1. After a strong over -sale rally, the shares are at the meeting on Friday for a higher March. Wall Street continues to observe the latest trade battles, whereby President Donald Trump's tariffs should come into force tomorrow for Mexican and Canadian imports.

2. Bitcoin and other cryptocurrencies rose after Trump announced a US strategic crypto reserve. In the announcement, a pushback will be preserved that it is not exclusively a Bitcoin fund. Trump said it would also include XRP and ether.

3. Morgan Stanley's well -known car analyst Adam Jonas made Tesla His top election in the US cars after the share decline by 27.5% of the share. Tesla's shares added around 3% this morning.

4. Chipotle was improved by the same weight at Morgan Stanley to a buying equivalent overweight. The analysts, which also increased their price target from $ 65 to $ 70 per share, believe that the latest turnover is a short-term headwind. Scott Boatright, CEO of Chipotle, also told “NBC Nightly News” that the Burrito chain will absorb all cost increases related to tariffs.

5. Evercore gave up a “positive tactical call” Kroger Before winning on Thursday, the argumented argued to serve the share for defensive growth. Later this morning, however, Kroger announced that long -time CEO Rodney McMullen resigned after a personal behavioral examination. Evercore also put a tactical call to the Best Buy before the income. We left our position in retail last month to protect the profits.

6. Anheuser-Busch Inbev was upgraded to the Deutsche Bank to improve the execution and cash flow. Alcohol stocks were a difficult place, but from INBEV there has been some momentum lately. The world's largest brewer reported a better quarterly turnover than expected last week.

7. Southwest Airlines was downgraded by JPmorgan to a sales equivalent underweight person from JPmorgan before his industrial conference. Southwest was suspended by the activist Elliott Management, who secured board seats in the company last autumn.

8. Club name Apple Further conversation version of Siri, who uses AI, is behind planned and will not be presented in June, reported Bloomberg News. That comes after colleague Holding colleagues Amazon Last week announced a revised Alexa with AI.

9. Abbvie enters the market for obesity through a license agreement with the Danish company Gubra for its Amylin treatment. Like GLP-1, Amylin is a hormone associated with appetite and body weight. Wegovy Maker Novo Nordisk and club name Eli LillyWhat Zepbound has is still ahead of the next generation of obesity treatments.

10. The Intel shares jump by almost 6%after Reuters reported that club names Nvidia and Broadcom manufacturing tests do the fighting chip maker. Intel was aggressively strong to catch TSMC in leadership chip production.

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