Investors are eagerly counting down to Wednesday after the market close, when Tesla (TSLA) - Get Tesla Inc Report is scheduled to report its 2017 second quarter financial results. Earlier this year Tesla moved past General Motors (GM) - Get General Motors Company Report to become the most valuable car company.
But not everyone is bullish on Tesla going into its earnings, Goldman Sachs reiterated its "sell" rating on the electric car maker based on management's commentary that highlighted a cautious outlook regarding the company's ability to hit its launch curve.
Shares of Tesla were lower by 3.9% to $322.97 late this afternoon.
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RBC upgraded its rating on the cigarette maker to "sector perform" from "underperform" on Monday morning.
Amazon.com (AMZN) - Get Amazon.com, Inc. Report stock was down by 3% to $990.78 this afternoon after it was disclosed that the eCommerce giant is under a federal investigation for possibly infringing on U.S. sanctions on Iran by selling products to at least one person on the government's terrorism list.
Facebook (FB) - Get Meta Platforms Inc. Class A Report stock was sliding by 1.6% to $169.66 this afternoon following a rare "sell" rating from Pivotal Research. The firm believes the company is at risk from a saturated digital ad sector as large companies analyze their marketing budgets.
Apple (AAPL) - Get Apple Inc. Report is scheduled to report its third quarter results after the market close tomorrow. Analysts are expecting the iPhone maker to post better than forecast earnings and revenue results for the quarter. Investors will also be keeping an eye on how iPhone sales are doing. Shares were slightly lower this afternoon.
Apple will release its next generation iPhone this fall, it is supposed to be the most expensive version of the device yet.
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