Tesla lifts Nasdaq to record-high close, S&P 500 dips
June 23 - The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc , while the S&P 500 dipped, even as investors cheered data that showed a record peak for U.S. factory activity in June.Gains in Nvidia Corp and $Facebook$ Inc extended a recent rebound in top-shelf growth stocks that fell out of favor in recent months as investors focused on companies expected to do well as the economy recovers from the pandemic.Data firm IHS $Markit$ said its flash U.S. manufacturi
One Wall Street analyst sees Apple stock rising 40% in the foreseeable future. The Apple Maven looks at what could be the key catalyst for such share price appreciation.On June 21,the Apple Maven reviewed a cautious takeon Apple stock -Get Report by Wall Street research shop Bernstein. Toni Sacconaghi believes that the iPhone 13 presents challenges, and that waiting to buy AAPL after a $20 drop is most prudent.Today, we review a much more upbeat take from an analyst that believes that shares of