Barclays analysts, led by Dan Levy, expect a potential merger between Elon Musk's Tesla and SpaceX to be announced before Tesla's 2026 annual shareholder meeting, which they expect to take place no later than December 6. The deal could bring financial synergies, but Barclays sees the biggest value in vertically integrating the two companies' AI technologies. An announcement pushed to late October or early November could complicate approval ahead of the meeting. The merger has become a widely anticipated possibility after SpaceX's record IPO. The two companies already share overlapping investors and Musk's leadership. SpaceX has purchased more than $100 million worth of Tesla Cybertrucks, and xAI is a major customer for Tesla's industrial-scale batteries. They are also collaborating on Tera
Bought $SanDisk Corp.(SNDK)$ at $2,000. It's trading at $1,581 now, so down 25% from my entry. But BofA just raised their PT to $2,500 and called it a "strong for longer" NAND demand story. So technically, I'm just early. Not wrong. Early.
$SanDisk Corp.(SNDK)$ Bears here seem clueless. Did anyone even understand why it dropped? The dust is settling and the truth is coming out. Turns out OpenAI met estimates when you include third-party sales. This drop had nothing to do with Kospi or Samsung earnings.
$SanDisk Corp.(SNDK)$ I'm expecting a retest of the recent high going forward. It would need to break through to see the 1800s. I'll be watching for that.