• Not owning Tesla stock is the greater risk ahead of massive infrastructure package, Morgan Stanley says

    7 days ago - By Business Insider

    Summary List Placement Among the companies that stand at an advantage ahead of President Joe Biden's massive infrastructure bill is Tesla, according to Morgan Stanley analysts, and owning the stock they say may be a bigger risk than not.
    Biden's $2 trillion infrastructure proposal carved out $174 billion for the electric vehicle sector alone, as the president aims to better equip American companies to compete with China, which is currently the market leader in the electric vehicle space.
    Analysts at Morgan Stanley led by Adam Jones said in a note published Wednesday that Biden's bill will...
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  • Morgan Stanley says a price analysis of Amazon's Fresh grocery chain shows a positioning 'closer to a conventional grocer'

    Morgan Stanley says a price analysis of Amazon's Fresh grocery chain shows a positioning 'closer to a conventional grocer'

    7 days ago - By Business Insider

    Summary List Placement Amazon is positioning its nascent Fresh grocery stores to look more like a conventional grocer than a pure discounter as previously thought, according to Morgan Stanley.
    According to a note published on Wednesday, Morgan Stanley found that Amazon Fresh was roughly 9% cheaper than Ralphs, with 20 out of the 30 products compared having a lower price tag than at the Kroger-owned supermarket.
    While the difference shows the grocery industry's ruthlessly competitive nature, the price gap itself isn't big enough to consider Amazon's push into grocery as that of a pure...
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