Top Stock Movers: Alphabet, Netflix, Tesla, and More

high after JPMorgan raised its price target for the stock to $1,010 from $850, citing the streaming service’s content and 2025 ad revenue expectations.

Tesla (TSLA) shares also reached a record high following a report that the electric vehicle (EV) maker has not given up on producing a $30,000 car, with the possibility of one being available next year. Both Goldman Sachs and Morgan Stanley raised their price targets for the stock.

On the flip side, Walgreens Boots Alliance (WBA) shares dropped after reports that the U.S. drugstore chain was in talks to be taken private by Sycamore Partners. Macy’s (M) shares also took a hit after the company posted its delayed third-quarter earnings report, with sales falling short of analyst expectations.

In the commodities market, oil and gold futures rose, while the yield on the 10-year Treasury note increased. The U.S. dollar strengthened against the euro, pound, and yen. Additionally, most major cryptocurrencies saw price increases, with Bitcoin surpassing $101,000.

Overall, it was a mixed day for the stock market with tech stocks leading the way in gains. Stay tuned for more updates as we track these developments. If you have any news tips, feel free to email us at tips@investopedia.com.