Happy Monday, Zingernation! Remember when Zuck and Elon were planning to get into a ring and duke out their differences mano a mano? Unfortunately, the cage fight doesn’t seem like it’s going to happen anytime soon. But they are already duking it out in a different arena: The Forbes list.

After $META’s monster day last Friday, Zuckerberg is closing in on Musk as the richest guy in America. Forbes estimates that Musk is currently worth a little more than $194 billion, while Zuck is at $163 billion. With Musk’s $51 billion Tesla compensation package potentially out the window, too, Zuck just might win this fight without lifting so much as a flip-flop.

Today’s Price Action:

$SPY: -.36%
$QQQ: -.13%
$DIA: -.73%

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TODAY’S MOST VOLATILE STOCKS

ONE TOP MOVER

NVIDIA Hits New All-Time Highs As Goldman Gives It New Price Target

Briefly: I thought NVIDIA’s stock couldn’t go up every single day. But I’ve been wrong before and I’ll be wrong again.

What Happenedd: The stock closed up more than 4% today following a strong price target raise from Goldman Sachs. The bank added NVIDIA to its high conviction list and gave the chipmaker a whopping $800 price target.

Back Up: NVIDIA’s stock has already gone up more than 40% since the start of the year. It is now valued at more than $1.7 trillion and currently trades at around $693 a share.

Zoom Out: While the share price has grown dramatically, $NVDA’s stock still trades at a lower PE than Magnificent 7 peer Tesla. NVIDIA’s forward PE is around 33, while Tesla’s is 57.

What Next: Read the full breakdown here.

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FIVE MOVERS

Caterpillar stock closed higher in today’s session after the company reported the most revenue in a quarter in the company’s history.

Tesla stock fell today on a downgrade from Piper Sandler and concerns over Elon Musk’s drug use.

McDonald’s stock took a hit after the company reported underwhelming sales numbers for the previous quarter, citing headwinds from the Gaza war.

Boeing shares dropped today after the company reportedly discovered new defects in its 737 Max planes.

Sphere — yup, the big glowing one in Vegas — reported earnings today, topping revenue estimates and garnering bullish praise, sending shares higher.

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Analyst Approves Of Apple’s New Vision Pro, Reiterates Buy Rating

Briefly: At least one analyst “sees the vision.”

So Basically: BofA Securities analyst Wamsi Mohan tested Apple’s Vision Pro and gave it his stamp of approval, with a price target of $225.

But Still: Mohan said the headset should get lighter and have better battery life in future models.

So What? Based on his assumptions, the Vision Pro hardware can add $0.46 per share to EPS over the next five years.

What Next: Check out Mohan’s full take here.

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