Reported about 2 months ago
Milan Kovac, who has led Tesla's Optimus humanoid robot program since 2022, announced his departure for family reasons in a social media post. He will be replaced immediately by Ashok Elluswamy, the current head of Tesla's autopilot teams. This transition comes as Tesla aims to ramp up production of its humanoid robots amid ongoing challenges, including export restrictions from China.
Source: YAHOO
Reported about 2 months ago
President Trump stated that Chinese President Xi Jinping has agreed to restart the flow of rare-earth materials as both nations prepare for trade negotiations set for June 9 in London. This agreement arises amidst ongoing tensions regarding tariffs and technology between the US and China. Trump confirmed on Air Force One that Xi is willing to revive supplies critical for American industries, while both sides look to resolve disputes affecting the global market.
Source: YAHOO
Reported about 2 months ago
Source: WSJ
Reported about 2 months ago
A feud between President Trump and Elon Musk has led to more than $150 billion lost in Tesla's stock value, raising concerns about Musk's political ties and the impact on Tesla and SpaceX. After Musk criticized Trump's spending bill, tensions escalated, causing Tesla shares to fall 14% in one day. While some investors worry about the long-term implications, others remain optimistic about Tesla's future in autonomous technology.
Source: YAHOO
Reported about 2 months ago
Tesla Inc. shares fell 14% recently, leading to a turbulent day for its leveraged ETF, TSLL, which plummeted 28.5%. Contrary to expectations, traders flooded in with $142 million in investments for TSLL despite the drop, indicating strong confidence in a rebound. This year, TSLL has faced a 60% decline, yet has amassed $3.1 billion in inflows, while other ETFs like TSLY and TSLQ saw mixed trends in investor activity.
Source: YAHOO
Reported about 2 months ago
Source: WSJ
Reported about 2 months ago
The ongoing feud between Elon Musk and Donald Trump has intensified engagement on the platform X, previously known as Twitter. Users have flocked to the site to witness the drama, resulting in a significant increase in active users. Despite Trump's continuous posting on his own platform, Truth Social, experts suggest that it lacks the reach of X, where he maintains a massive follower base. While the immediate effect of the feud appears beneficial for X's user engagement, its long-term impact on audience loyalty and advertising remains uncertain amidst scrutiny over content moderation and legal issues.
Source: YAHOO
Reported about 2 months ago
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) saw a substantial influx of $786.7 million, elevating its assets under management to $44.2 billion, coinciding with a downturn in the stock market as tensions escalated between President Donald Trump and Elon Musk. While the S&P 500 dipped by 0.5% and Tesla's stock fell by more than 14%, other ETFs also reported significant inflows, totaling $4.3 billion across various categories, as investors shifted their focus towards short-term Treasuries.
Source: YAHOO
Reported about 2 months ago
Elon Musk could face substantial financial losses due to his ongoing dispute with Donald Trump, affecting his businesses including Tesla, SpaceX, and the social media platform X. The feud could hinder Tesla's self-driving taxi rollout, impact SpaceX's federal contracts, and reduce advertising revenue for X. As Musk’s enterprises heavily rely on government contracts, the outcome of this spat could determine the future of his ventures.
Source: YAHOO
Reported about 2 months ago
A Michigan marijuana dispensary, Timber Cannabis, has agreed to pay $205,000 to settle a lawsuit claiming that management kept tips left for employees by customers. A judge deemed the settlement terms 'fair and appropriate.' The lead plaintiff reported losing significant tip income after management changed its policy in 2024. More than 60 employees are eligible for the settlement, though Timber Cannabis did not admit any wrongdoing.
Source: YAHOO
Reported about 2 months ago
US stocks rallied on Friday, pushing the S&P 500 to breach the 6,000 mark for the first time since February, following a positive jobs report and signs of a cooling feud between President Trump and Elon Musk. The Dow Jones also saw significant gains, while Tesla's shares rebounded after a previous drop linked to the public clash. Investor optimism was buoyed by anticipated trade talks with China and Trump's call for Federal Reserve rate cuts.
Source: YAHOO
Reported about 2 months ago
Source: INVESTORS
Reported about 2 months ago
Source: WSJ
Reported about 2 months ago
Source: INVESTORS
Reported about 2 months ago
Source: INVESTORS
Reported about 2 months ago
This article presents a bullish case for Newmont Corporation (NEM), highlighting its strong gold production, cost efficiency, and diverse revenue streams from multiple metals. With a significant market presence and ownership of prime gold assets, NEM shows potential for long-term value and stability. The company is noted for its environmental initiatives and strong financial fundamentals, making it a compelling investment opportunity, although the author suggests that some AI stocks may offer even greater returns.
Source: YAHOO
Reported about 2 months ago
The bullish thesis on Prologis, Inc. (PLD) highlights its strong position in global logistics real estate, with a vast land pipeline and high occupancy rates. Prologis has a strategic focus on Last Touch® facilities, enabling rapid delivery and robust tenant demand. Its operational scale and lean cost structure enhance profitability, while its capital flywheel through co-investment ventures minimizes risk. The pro-environment initiatives integrated into new developments further solidify tenant relationships, suggesting a promising path for organic growth.
Source: YAHOO
Reported about 2 months ago
A recent bullish analysis of Rocket Lab Corporation (RKLB) highlights the company's strategic acquisition of GEOST, which enhances its capabilities in advanced sensor technology, positioning it as a comprehensive provider for national security space missions. This move allows RKLB to compete with major industry players and capitalize on the increasing demand for space-based defense solutions. With solid financial growth and a significant backlog, Rocket Lab is regarded as a key player in the aerospace and defense sector, making it a stock to watch for investors.
Source: YAHOO
Reported about 2 months ago
Salesforce, Inc. (CRM) is showing strong performance with Q1 FY2026 results revealing $9.83 billion in revenue, a year-over-year increase of 11%, and robust growth in subscription and support services. The company's focus on AI, with products like AgentForce gaining traction, alongside significant international growth, has led to an elevated FY26 revenue outlook of $41.3 billion. Although investment in CRM is recognized, there are suggestions that other AI stocks may yield better returns.
Source: YAHOO
Reported about 2 months ago
A recent bullish thesis on Procter & Gamble (PG) highlights its position as a defensive investment, despite a recent share price decline due to a broader slowdown in consumer spending. With a current trading price around $169.89 and forecasts suggesting a potential total return of 35% by June 2028, PG offers investors a blend of stability and income with its predictable cash flows and strong brand portfolio. While its attractiveness as an investment is acknowledged, some investors may find greater opportunities in AI stocks.
Source: YAHOO
Reported about 2 months ago
A recent bullish thesis on Upstart Holdings, Inc. (UPST) highlights its potential for significant growth and profitability. Although currently facing challenges and not yet generating free cash flow, the company aims to achieve GAAP profitability by late 2025. If successful in improving its financial metrics, including reducing its $700 million net debt, UPST could see its stock price rise to $100 per share by mid-2026, presenting a favorable risk/reward scenario for investors willing to back its technological innovations and market position.
Source: YAHOO
Reported about 2 months ago
This article highlights a bullish perspective on Veeva Systems Inc. (VEEV), noting its impressive Q1 FY2026 results with a 16.7% revenue growth year-over-year and a strong EPS performance exceeding expectations. Veeva's progress in its Crossix and Vault CRM platforms and the integration of AI into its operations underscore its growth potential and investment appeal. The company has raised its FY2026 guidance reflecting robust demand, although it remains off the radar of many hedge funds, suggesting selective investor interest.
Source: YAHOO
Reported about 2 months ago
On June 6, the S&P 500 rose by 1%, buoyed by a stronger-than-expected jobs report, while shares of Lululemon plummeted 19.8% after the company adjusted its sales and profit outlook downward, citing weak consumer spending. Despite Lululemon's downturn, other major stocks, like Palantir and Tesla, saw gains due to positive market sentiment and business developments.
Source: YAHOO