Benzinga reviews this weekend’s top stories covered by Barron’s. Here are the articles investors need to read.
In “Dollar Tree Insider Bought the Beaten-Down Stock,” Ed Lin writes that, amid a significant decline in Dollar Tree Inc‘s DLTR stock price, director Daniel J. Heinrich purchased 1,650 shares for $173,650, marking his second major stock purchase since joining the company’s board last year.
In “Meta Looks Like an AI Winner. But There’s Still 1 Problem,” Eric J. Savitz writes that, amid the unveiling of mixed-reality headsets and smart glasses, Meta Platform Inc’s META value dropped, only to rise with the introduction of new generative artificial intelligence software initiatives.
In “Fisker Is Raising Some Interesting Money. The Stock Is Wobbling,” Al Root says that EV startup Fisker Inc FSR intends to raise $170 million via convertible notes due in 2025, offering potential conversion into stock if shares hit $7.60.
In “Philip Morris Sets New Profit Targets, Smokefree Goals,” Teresa Rivas writes that Philip Morris International Inc‘s PM shares rose on the announcement of robust growth targets, particularly in smoke-free products, despite currency challenges, with analysts praising the company’s transformation.
In “Don’t Sweat Weak Tesla Deliveries. The Stock Isn’t,” Root says that Tesla Inc‘s TSLA third-quarter delivery estimates vary widely, causing market uncertainty, but some analysts are optimistic due to upcoming product launches and potential long-term benefits.
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