{"id":67957,"date":"2023-10-02T17:05:52","date_gmt":"2023-10-02T21:05:52","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/tesla-rivian-discover-sphere-entertainment-nvidia-and-more-stock-market-movers\/"},"modified":"2023-10-02T17:05:54","modified_gmt":"2023-10-02T21:05:54","slug":"tesla-rivian-discover-sphere-entertainment-nvidia-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=67957","title":{"rendered":"Tesla, Rivian, Discover, Sphere Entertainment, Nvidia, and More Stock Market Movers"},"content":{"rendered":"
\n
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<\/p>\n

<\/p>\n
<\/div>\n<\/figure><\/div>\n

Markets closed mostly lower to begin the week as Treasury yields crept higher, amid continued concern over the impact of higher interest rates.\u00a0<\/p>\n

These stocks made moves Monday:\u00a0<\/p>\n

\n Tesla
\n (ticker: TSLA) \u00a0delivered\u00a0435,059 units in the third quarter, below Wall Street estimates of about 455,000 units.
\n Tesla
\n delivered about\u00a0466,000 vehicles\u00a0in the second quarter. Separately, a report said Tesla also unveiled an updated version of its Model Y in China. The stock rose 0.6%. <\/p>\n

\n

Shares of
\n Rivian Automotive
\n (RIVN) fell 2.6% to $23.66. The EV truck maker delivered 15,564 vehicles in the third quarter, higher than expectations of about 14,000 In addition, Evercore ISI upgraded the EV truck maker to Outperform from In Line with a price target of $35.<\/p>\n

U.S.-listed shares of Chinese EV makers
\n NIO
\n (
\n NIO
\n ),
\n XPeng
\n (XPEV), and
\n Li Auto
\n (LI) traded lower after the companies reported a combined 66,831 deliveries in September, up 116% from a year earlier. It was the second-best combined month ever. NIO fell 2.7%,
\n XPeng
\n fell 1.3%, and
\n Li Auto
\n was down 1.3%.<\/p>\n

\n Discover Financial Services
\n (DFS) rose 4.8% and was the top performer in the
\n S&P 500.<\/span>
\n The credit-card company reached a consent order with the Federal Deposit Insurance Corp. to improve consumer compliance. The FDIC order didn\u2019t include any fines or penalties.<\/p>\n

\n Insulet
\n (PODD), a maker of a disposable insulin delivery system, gained 3.5% to $165.04 after being upgraded to Buy from Hold at Jefferies. The price target was cut to $240 from $260.\u00a0<\/p>\n

\n SolarEdge Technologies
\n (SEDG) was downgraded to Equal Weight from Overweight at
\n Barclays
\n and the price target was slashed to $152 from $274. The stock declined 5.4% to $122.56.<\/p>\n

\n Sphere Entertainment
\n (SPHR) rose 11%. The Sphere entertainment venue opened in Las Vegas over the weekend with a concert from U2.<\/p>\n

\n Nvidia
\n (NVDA) was added to the Conviction List at
\n Goldman Sachs.<\/span>
\n The firm maintained its Buy rating on shares of the chip maker with a price target of $605.
\n Nvidia
\n rose 3% to $447.82.<\/p>\n

\n Apple
\n (AAPL) traded up 1.5%. The company said over the weekend it plans to release an iOS 17 software update to improve overheating issues with the recently released iPhone 15.<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Markets closed mostly lower to begin the week as Treasury yields crept higher, amid continued concern over the impact of higher interest rates.\u00a0 These stocks made moves Monday:\u00a0 Tesla (ticker: TSLA) \u00a0delivered\u00a0435,059 units in the third quarter, below Wall Street estimates of about 455,000 units. Tesla delivered about\u00a0466,000 vehicles\u00a0in the second quarter. Separately, a report […]<\/p>\n","protected":false},"author":1,"featured_media":57327,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-67957","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nTesla, Rivian, Discover, Sphere Entertainment, Nvidia, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Markets closed mostly lower to begin the week as Treasury yields crept higher, amid continued concern over the impact of higher interest rates.\u00a0 These\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=67957\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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