Barron's Weekend Stock Picks: Tesla, XPeng And Drama At U.S. Steel

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.

In "Tesla Stock Went Down Again for a New Reason. Here’s Where It’s Going," Al Root writes that shares of leading EV maker Tesla Inc TSLA fell following events in China — namely China Evergrande Group's bankruptcy filing — and uneasiness around Elon Musk's stance on price cuts. 

In "Palo Alto Networks Stock Jumps as Earnings Top Estimates," Eric J. Savitz notes that American multinational cybersecurity company Palo Alto Networks Inc PANW saw its stock rise after it posted revenue that exceeded The Street's consensus forcast. 

"XPeng Stock Tumbles. Something Other Than Earnings Is Leading It Lower," by Root, points out that, while XPeng Inc XPEV beat second-quarter bottom-line earnings estimates, the Chinese EV maker, like Tesla, appeared to have also been impacted by China Evergrande Group's bankruptcy filing. 

In "Tylenol Litigation Could Be a Headache for Kenvue," Josh Nathan-Kazis writes that not all has gone well so far for consumer health company Kenvue Inc KVUE, which is facing a number of lawsuits that allege that its signature painkiller, Tylenol, led to neurological disorders in children whose mothers took the medicine while they were pregnant. 

"Steel Union Throws a Curveball in Battle for U.S. Steel," by Root, examines the drama around the acquistion of United States Steel Corporation X after The United Steelworkers threw its support behind a bid by Cleveland-Cliffs Inc CLF.

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