Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Monday, December 15th, and I'm your host, Kim Kong. Our top story so far,

Wedbush is calling for a monster year ahead for Tesla, as a debate heats up over how quickly the

Robotaxy era takes shape following a successful initial launch in Austin. Analysts Dan I says Tesla is set

to accelerate Robotaxi rollouts across the US, with CyberCab volume production expected to begin

in April or May. He argues Tesla is taking major steps along its AI and autonomy roadmap,

positioning robotics and

self-driving as core growth engines heading into 2026. I has reiterated his view that AI and

autonomy alone are worth at least $1 trillion for outperform rated Tesla, adding that key initiatives

could be fast-tracked over the next three to six months as regulatory hurdles around full self-driving ease.

Wedbush sees Tesla's market cap surpassing $2 trillion in the coming year,

and in a bullcase reaching $3 trillion by the end of 2026 as autonomous and robotics production scales.

Eyes also estimates Tesla could control about 70% of the global autonomous market over the next decade.

Among active stocks, service now is under pressure after reports it's in advanced talks to acquire

Armists, the U.S. Israeli cybersecurity firm that had been preparing for potential IPO in

2026 for about $7 billion.

Adding to the weakness, Key Bank downgraded service now to underweight, citing what analysts

Jackson Ader called worrying trends in IT back office employment data.

Ader also cut Adobe to underweight with a 310 price target, saying the trade-off between

growth and margins could make sustained outperformance difficult.

On the bullish side, Wedbush raised its price target on Micron to $300 from 220 ahead of earnings,

maintaining an outperform rating.

...