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A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.
On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI President Greg Brockman "looted" OpenAI's nonprofit structure through their partnership with Microsoft Inc. (NASDAQ:MSFT) for personal benefit. Here are the top 5 moments from Altman’s Tuesday testimony. Runn
Nvidia CEO Jensen Huang has joined over a dozen U.S. CEOs on President Donald Trump's visit to China this week. Trump called Huang last-minute on Tuesday after seeing media coverage that he was not invited, according to one source familiar with the matter. Huang was seen by White House reporters boarding Air Force One in Alaska, joining Trump on his flight to China.
Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.
US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.
Blink narrows Q1 loss to 6 cents and beats estimates as costs fall and service revenues surge, but $20.8M sales miss signals mixed execution.
By Nichola Groom LOS ANGELES, May 12 (Reuters) - U.S. prosecutors cast prominent short seller Andrew Left as an opportunist who profited by scaring retail investors, while his defense said Left
Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat
electric car maker Tesla will invest almost $250 million in ramping up battery cell production capacity at its factory outside Berlin, in a move set to boost jobs in the area and strengthen its supply chain, the company said on Tuesday. The investment is intended to create the conditions for annual production capacity of 18 gigawatt hours at the site in Gruenheide, south-east of the German capital, up from a previous 8 GWh, a statement said.
When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for CEO Elon Musk’s mission to transform the electric-vehicle maker into an AI-powered, driverless-tech giant. Reuters reporters who recently tested Tesla’s robotaxis in those cities, however, found them to be still in a beta-testing phase. Tesla did not respond to requests for comment for this story.
Japan's Panasonic Holdings said on Tuesday it expected full-year profit at its energy unit, which supplies batteries to Tesla, to more than double, recovering after posting a quarterly loss. The business, which posted a 3.8-billion-yen loss in the January-March quarter, was hit by U.S. tariffs, start-up costs at its Kansas plant and lower sales at a factory in Japan.
(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,
More than a dozen top U.S. business leaders will travel to China for President Trump’s visit this week with Chinese President Xi Jinping, representing various American industries from finance to manufacturing.
The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.
Tesla stock faces new setbacks in its effort to recover from an eight-week slump from earlier this year. On Monday, the stock was down.
The tech sector helped US stocks cruise to all-time highs last week, as the artificial intelligence boom broadened.
The model was on sale for just five months because buyers felt some of the most desirable aspects of the Cybertruck line had been removed.
Veteran investor Cathie Wood is enthusiastic about tech tycoon Elon Musk's SpaceX making Wall Street debut, and is extremely bullish about its demand. In a Bloomberg podcast published on May 6, she said seeds planted two decades ago are now flourishing. A lot of technologies at Musk's companies are ...
Investing.com -- A federal judge in Washington, D.C., has declined to "rubber-stamp" a $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC), according to a Friday ruling reported by Reuters.
Apple and Intel have reached a preliminary agreement for Intel to manufacture some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intensive talks between the two companies have been underway for more than a year, and they hammered out a formal deal in recent months, the report said. Apple shares were up about 2%, while Intel's stock extended gains and was last up about 14%.
Toyota Motor stock was falling after earnings, but Tesla isn’t really a car company anymore—and its shares are rising. Toyota Motor reported fiscal year 2026 earnings and provided an outlook for fiscal year 2027. Tesla stock didn’t seem to be affected, but Toyota investors reacted with caution.
FEATURE There was car news on Friday, just not from Tesla Toyota Motor reported fiscal year 2026 earnings and provided an outlook for fiscal year 2027. It’s ho-hum. Tesla stock didn’t seem to be affected, but Toyota investors reacted with caution.
Here’s one way of sizing up the resurgence of the tech trade: The combined market cap of the Magnificent Seven is up $3 trillion since the start of the Iran war, according to Dow Jones Market Data. The seven tech titans—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—are, for the most part, riding high on excitement over artificial intelligence.
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
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