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  • Morgan Stanley Resets Tesla Outlook With New Equal Weight Rating

Morgan Stanley Resets Tesla Outlook With New Equal Weight Rating

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Tyler Dupont
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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Morgan Stanley Resets Tesla Outlook With New Equal Weight Rating

Morgan Stanley initiated Tesla with equal weight and a 425 target. Analyst forecasts Musk will hit 7 of 12 milestones in the 1T pay plan. TSLA fell 3.4 percent to 439.58 and remains volatile as FSD and robotaxi catalysts develop.

CoreWeave Drops After Two Billion Dollar Convertible Note Sale

CoreWeave fell about 5% after announcing a two billion dollar convertible senior note sale with an added three hundred million dollar purchase option. Investors reacted to potential dilution despite shares still trading over 2x the March IPO price.

Dyne Therapeutics Jumps After Positive DMD Trial Readout

Dyne shares rose 9 percent after its DMD drug zeleciment rostudirsen hit primary and secondary endpoints in a phase 1 slash 2 trial of 86 patients. Data showed a statistically significant boost in dystrophin production and supports an FDA accelerated approval filing next year.

🪙 Crypto

Robinhood Expands Fee Tiers and Leverage for Altcoin Futures

Robinhood added seven crypto fee tiers in the U.S. with rates as low as 0.03 percent and introduced XRP, SOL, DOGE, and SUI perpetual futures in the EU with up to 7x leverage to attract advanced traders.

🌎 Global Economy

Global Growth Leans on Financial Services Strength

PMI data showed solid global expansion in November, driven by strong financial services output. Manufacturing stayed modest and autos were the only sector to contract as tariff related demand faded.

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