Tesla Motors Inc. (NASDAQ:TSLA), the electric-car maker that has seen its stock advance more than sevenfold in the past year, will spend as much as $5 billion on a new battery factory so it can make more affordable cars. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $258.58 in last session, and closed at $253.00, while the day range of stock is $247.50 – $265.00. The stock showed a positive weekly performance of 30.65%.
The Dow Chemical Company (NYSE:DOW) was upgraded by research analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a report released on Monday, Stock Ratings News reports. The Dow Chemical Company (NYSE:DOW) stock opened at $47.24, in last session and closed at $47.83, by gaining 1.29%. The 52 week range of the stock is $29.81 – $48.34. Company’s market capitalization is $58.15 billion.
Macy’s, Inc. (NYSE:M)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday, American Banking News reports. They currently have a $68.00 target price on the stock. Deutsche Bank’s target price points to a potential upside of 20.89% from the company’s current price. Macy’s, Inc. (NYSE:M) stock advanced 3.04% and finished the last session at $57.96. The EPS of the stock remained 3.90. Company’s market capitalization is $21.36 billion.
At Embedded World, Xilinx, Inc. (NASDAQ:XLNX) introduced the UltraScale™ Multi-Processing (MP) Architecture for Next Generation Zynq Ultra Scale MPSoCs. Building on the industry success of the Zynq-7000 All Programmable SoCs, the new UltraScale MPSoC architecture extends Xilinx’s ASIC-class UltraScale FPGA and 3D IC architecture to enable heterogeneous multi-processing with ‘the right engines for the right tasks.’ Xilinx invented the industry’s first All Programmable SoC with the introduction of Zynq-7000, and with UltraScale MPSoC, Xilinx is inventing the first All Programmable MPSoC. Xilinx, Inc. (NASDAQ:XLNX) stock opened the session at $51.57, and closed the session at $52.18. The 52 week range of the stock remained $34.98 – $52.39 and the day range was $51.57 – $52.39.