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Tesla’s Berlin Battery Push And China Talks Reshape Global Growth Outlook
Simply Wall St.89d agoneutral
Tesla’s Berlin Battery Push And China Talks Reshape Global Growth Outlook

Tesla is committing $250 million to expand battery production at its Berlin gigafactory, with plans to double annual capacity and add more than 1,500 jobs. The investment aims to deepen European supply chain localization and support next generation battery output for the region. At the same time, CEO Elon Musk is joining the US delegation to China with President Trump, seeking regulatory progress for Full Self Driving and other Tesla initiatives. Tesla (NasdaqGS:TSLA) is putting fresh...

Nvidia Rally Propels Stocks to New Records
The Wall Street Journal89d agobullish
Nvidia Rally Propels Stocks to New Records

The latest leg of a blistering Nvidia stock rally fueled fresh records for the S&P 500 and Nasdaq Wednesday, after Chief Executive Jensen Huang joined a high-stakes China summit that could determine the next phase of the global AI arms race. Shares of Nvidia rose 2.3%, their sixth consecutive day of gains. In a sign of the chip maker’s dominance over the market, Nvidia in intraday trading became the first company to reach a market capitalization of $5.5 trillion.

Tesla capex outlook climbs as company deepens AI investments, UBS says
Proactive89d agobullish
Tesla capex outlook climbs as company deepens AI investments, UBS says

Tesla Inc (NASDAQ:TSLA) had its price target raised modestly by UBS to $364 from $352, as the bank said the electric vehicle maker’s first-quarter update further highlighted its transition toward becoming a “physical AI company,” while maintaining a ‘Neutral’ rating on the stock. Shares of...

Bloomberg89d agoneutral
Musk’s xAI Races to Get Wall Street Firms to Use Grok Chatbot

(Bloomberg) -- Elon Musk’s xAI has recruited multiple Wall Street firms with ties to the billionaire’s business empire to test its Grok chatbot, according to people familiar with the matter, part of a push to bolster revenue ahead of parent company SpaceX’s initial public offering.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Yea

AI In Focus As Top CEOs Head To China For Trade Summit
Bloomberg89d agoneutralVIDEO
AI In Focus As Top CEOs Head To China For Trade Summit

US business leaders including Apple Inc.'s Tim Cook and Tesla Inc.'s Elon Musk on Trump's first overseas trip since waging war in the Middle East a 36-hour visit with Xi Jinping that's expected to encompass the war, tariffs and the self-ruled island of Taiwan. The list of attendees until Tuesday had not included Huang, whose company makes the chips at the heart of the AI boom and has been pushing for greater leeway in a market he's identified as a $50 billion opportunity. Bloomberg's Ed Ludlow joins Bloomberg Businessweek Daily to discuss.

Why Cathie Wood And Robinhood Agree That Retail Investors Need Access To Private Markets
Benzinga89d agoneutral
Why Cathie Wood And Robinhood Agree That Retail Investors Need Access To Private Markets

ARK Invest CEO Cathie Wood and Robinhood Markets Inc. (NASDAQ:HOOD) CFO Shivaram Rajgopal made the case for opening private markets to retail investors, arguing that everyday investors are increasingly locked out of the biggest wealth-creation opportunities in tech. Shifting Landscape In an interview session, on Tuesday the discussion centered around ARK's venture-focused interval fund and Robinhood's newly launched closed-end private markets fund. Both are designed to give retail investors expo

Tesla gets a China win that comes with a warning
TheStreet89d agoneutral
Tesla gets a China win that comes with a warning

Tesla’s (TSLA) worldwide EV story is looking a bit vulnerable. The car company that appeared to be dictating the pace of the electric vehicle market has spent the past year trying to regain momentum in some of its key locations. Chinese competitors have been quicker on pricing, Europe has grown ...

Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
Benzinga89d agobullish
Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High

Tech stocks ripped higher on Wednesday despite a sharply hotter-than-expected April Producer Price Index reading that rekindled inflation anxieties and rate-hike fears, as strength in semiconductors fueled investor sentiment. Nvidia Corp. (NASDAQ:NVDA) rallied for the sixth straight session to above $226 per share, with the company’s market cap soaring above $5.5 trillion ahead of next week’s highly awaited earnings report. Speaking via Truth Social shortly before landing in Beijing, Trump told

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Benzinga89d agoneutral
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/

Citi massively revamps Applied Materials stock price target
TheStreet89d agoneutral
Citi massively revamps Applied Materials stock price target

If you've ever wondered who makes the machines that build the chips powering artificial intelligence (AI), Applied Materials (AMAT) is a good place to start your education. It doesn't make chips. But it manufactures the equipment that enables chipmaking, and right now, the world can't get enough of ...

Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up
24/7 Wall St.89d agobullish
Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up

The U.S.-listed electric vehicle complex is catching a coordinated bid in Wednesday’s midday session. Lucid Group (NASDAQ:LCID) shares are up 9% to around $6.57, NIO (NYSE:NIO) stock has rallied 7% to $6.52, and Tesla (NASDAQ:TSLA) shares have climbed 4% to roughly $450. The move spans geographies, with Lucid representing the U.S. luxury EV story, NIO ... Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up

Trump Lands In China With $16 Trillion Of CEO Power — And One Big Ask For Xi
Benzinga89d agoneutral
Trump Lands In China With $16 Trillion Of CEO Power — And One Big Ask For Xi

President Donald Trump landed in China Wednesday for a high-stakes meeting with President Xi Jinping, bringing with him a roster of corporate heavyweights that underscores the market stakes behind the diplomacy. NVDA stock is trading at all-time highs. See the chart and price action here. Trump previewed the trip on Truth Social by saying he would ask Xi to "open up China" so U.S. business leaders could "work their magic," adding, "I will make that my very first request." The comment points to a

Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?
24/7 Wall St.89d agobullish
Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?

Shares of Ford Motor Company (NYSE:F) are up roughly 7% in Wednesday morning trading, climbing to about $12.82 from a prior close of $11.99. The move is the stock’s sharpest single-day gain in weeks, and it stands out against a generally quiet automotive tape. By comparison, Tesla (NASDAQ:TSLA) stock is up 3% to around $446.70, ... Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?