"Technology stocks are buzzing this morning with a wave of developments. Among them, Tesla ( Nasdaq: TSLA) has captured the spotlight. Wedbush tech analyst Dan Ives is calling 2026 a "monster year" for Tesla and Elon Musk as the EV maker leans harder into autonomous driving and robotics. He sees Tesla's valuation climbing to around $2 trillion next year, with a bull-case scenario of $3 trillion by year-end 2026 amid a successful AI strategy. Wedbush has reemphasized its "outperform" rating on TSLA stock."
"After last week's fear-driven sell-off, Oracle ( Nasdaq: ORCL) shares are back in focus after reports suggest the company locked in roughly $150 billion in new data center lease commitments in its November quarter. That brings total lease obligations tied largely to cloud and data center expansion to about $248 billion, supporting major AI and cloud customers such as OpenAI."
Markets opened higher with the Dow, Nasdaq and S&P 500 all advancing in morning trading as technology stocks led the rally. Analysts forecast strong growth for Tesla, projecting a valuation surge into 2026 driven by autonomous driving, robotics and AI initiatives. Oracle reported roughly $150 billion in new data center lease commitments in the November quarter, raising total related obligations to about $248 billion to support cloud and AI customers. MicroStrategy purchased an additional 10,645 bitcoin, spending approximately $980.3 million. Several economic indicators scheduled this week could influence ongoing market momentum.
Read at 24/7 Wall St.
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