HomeTechHardwareTesla (TSLA) Stock Split & Apple (AAPL) To Cut iPhone Production
Tesla (TSLA) Stock Split & Apple (AAPL) To Cut iPhone Production

Tesla (TSLA) shares are on the rise today after the announcement of a stock split. The Tesla (TSLA) stock split would be in the form of a stock dividend. Also, the Shanghai lockdown shut down the Tesla gigafactory. Next, Joe Mazzola weighs in on Apple (AAPL) expecting to cut iPhone SE production by about 2 to 3M unites for the quarters. This is due to a weaker-than-expected demand. Also, XPeng (XPEV) earnings indicated -$0.24 in EPS and $1.34B in revenue. Joe Mazzola discusses Goldman Sachs maintaining a buy rating and a $127 price target on Advanced Micro Devices (AMD). Finally, Deere & Co. (DE) stock was upgraded to neutral from underweight at JPMorgan.

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