Tech Stock Market: This Week’s Moves

🚀 **Tesla Up**

- Tesla shares surged this week on anticipation of its Oct. 10 robotaxi launch.

- Third-quarter sales forecast is expected to rise 8% year-over-year.

- Barclays analysts are optimistic despite challenges in the EV market, particularly in China.

📉 **Microsoft Takes a Hit**

- Microsoft shares fell after being downgraded by D.A. Davidson.

- Reliance on Nvidia chips for AI is a major concern.

- Still, AI growth in Azure remains a support.

📉 **GM Down**

- GM shares fall on concerns about rising EV production costs.

- 2024 EV production target in doubt, Hyundai partnership requires major investment.

📈 **Intel Up**

- Intel shares rise on potential $5 billion investment from Apollo Global Management.

- Partnership with Amazon and support for the CHIPS Act are positive news.

Overall, the tech stock market showed a mixed reaction this week, with Tesla and Intel posting gains, while Microsoft and GM faced challenges.