Market Movers: Coupangs Surge, Teslas Robot News, Mondelez Leadership Shift & More

1. Coupang (NYSE: CPNG)
Coupang surged by 6.93%. Coupang's September 4 trading volume was $339 million. CLSA upgraded Coupang to Outperform, raising its price target to $31.00. Coupang reported Q2 2024 revenue of $14.437 billion, a net loss of $129 million, and EPS of -$0.04. August insider transactions included both buys and sales by company directors and executives.

2. Mondelez International (Nasdaq: MDLZ)
Mondelez International gained solidly by 4.18%. Mondelez International's China division undergoes leadership changes with ex-Nestle China CMO Qu Xiangming to lead. Two senior executives departed following investigations into job-related misconduct.

3. Tesla (Nasdaq: TSLA)
Tesla gained solidly by 4.18%. Tesla will showcase the Cybertruck and begin limited production of the Optimus humanoid robot next year. Tesla hinted at rotating seats for its autonomous vehicles in regulatory filings. The company employs many full-time annotators working monotonously to improve self-driving software.

4. Ge Vernova (NYSE: GEV)
Ge Vernova gained solidly by 3.79%. Jefferies and HSBC initiated coverage on GE Vernova with a Buy rating and price targets of $261.00 and $215.00 respectively. Morgan Stanley maintained an Overweight rating with a $220.00 price target. William Blair initiated coverage with an Outperform rating.

5. Fair Isaac (NYSE: FICO)
Fair Isaac gained solidly by 3.74%. Wells Fargo initiated coverage on Fair Isaac with an Overweight rating and a $2100 price target. Oppenheimer also began coverage on Fair Isaac with an Outperform rating and a $1967 price target. Recent insider transactions involved multiple executives selling shares.