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<a s debt-heavy balance sheet. The stock had recovered on Thursday after Nvidia (NVDA) CEO Jensen Huang expressed optimism about the neocloud provider.
Tesla (TSLA) shares surrendered earlier gains, sliding 2% following the electric vehicle maker’s unveiling of a redesigned Roadster.
Earnings season continues with Tesla scheduled to report next week. Streaming giant Netflix (NFLX) and social media leader Meta (META) are also set to release their quarterly results.
Moderna stock sinks as Wall Street analysts expressed caution regarding the company’s massive rally of more than 600% so far this year.
Goldman Sachs (GS) increased its price target on the stock to $137 from $120 on Thursday while maintaining a Neutral rating, a move that suggests a potential decline of more than 40% from current levels.
