Tesla Bounces Back, Meta Gains on AI, General Mills Suffers Downgrade
On this episode of Stock Movers: - Tesla shares are higher in the premarket on Monday as retail investors buy into the stock. As of last week, individual investors have been net buyers of Tesla shares for 13 straight sessions through Thursday, pumping $8 billion into the stock, retail trading data from JPMorgan Chase shows. - Meta shares are up after the company reportedly has been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. An unredacted court filing sin the copyright lawsuit Kadrey v. Meta showed the company earns a share of…
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