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Tesla Under Pressure: Product Delays and Macro Shock Hit Shares

The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?

For the better part of a decade, JPMorgan was one of Tesla's most reliable institutional bears. Ryan Brinkman, who covered the stock for the bank since 2015, told investors to sell through earnings beats, record highs, and multiple cycles of Wall Street enthusiasm. His final target of $145, ...

Nasdaq, S&P 500 and Dow Jones indices all ended the week ending June 5, lower.

US equity indexes dropped this week as big tech tumbled after strong jobs data boosted the odds for

Here are some of the notable stocks that sold off during Friday's big market decline: Nvidia (NVDA), down 6.2%. Meta Platforms (META), down 5.5%. Broadcom (AVGO), down 7.9% Micron Technology (MU), down 13.

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.

The JPMorgan CEO is headlining the IPO roadshow.

While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon and Starship launch services), Connectivity (the Starlink broadband network), and AI (X and Grok subscriptions). ... SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

Tesla bull Ross Gerber just took a sharp swing at Bitcoin (BTC). This comes at a time when "king crypto" has slipped below its $70,000 mark for the first time since April, while its rival, gold, continues to hold the fort in green. Gerber is the co-founder and CEO of Gerber Kawasaki Wealth ...

The numbers don't add up for SpaceX's astronomical IPO valuation.

(Bloomberg) -- Andrew Left, one of the world’s most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized his use of social media to move the price of stocks.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s Iran Remarks, AI Optimism: Markets WrapA Rare

Dow Jones Futures: Broadcom, Micron, Nvidia and Sandisk were big winners Monday. Credo plunged on earnings late.

Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.

(Bloomberg) -- Ferrari NV unveiled its first fully electric car, a five-seat model priced at €550,000 ($640,000) that marks a sharp break from the sports-car maker’s fuel-burning heritage.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Urani

Tesla is recalling 14,575 Model Y SUVs in the U.S.

Prediction market traders currently see the highest odds for a SpaceX debut valuation between $2 trillion and $2.5 trillion.

Australian judge questions company's handling of class action case

Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.

The ruling removes a major legal obstacle as OpenAI explores future growth plans.

After three weeks of testimony, $134 billion in demands, and a judge who was ready to dismiss the appeal before the ink was dry, Silicon Valley's messiest soap opera is over (for now)

Investing.com -- Tesla Inc (NASDAQ:TSLA) fell 3% Monday as the SpaceX initial public offering sparked concerns among Wall Street analysts about competition for investor capital and management attention.

The clock ran out on Elon Musk’s lawsuit against OpenAI before a jury ever had time to decide whether his allegations were true.

A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.

Nvidia earnings report is expected to be the main event for tech investors this week.

(Bloomberg) -- Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane – convincing analysts to stretch their traditional valuation tools, and assign multiples based on what one academic calls “optionalities.”Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWi

Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker

Tesla (TSLA) came under pressure from an Australian judge, who questioned whether the automaker was

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk reportedly accompanied President Donald Trump on his trip to China without seeking permission from the Judge currently presiding over the OpenAI trial. Elon Musk Defies ‘Recall Order’ Amid the ongoing trial in Oakland, California, U.S. District Judge Yvonne Gonzalez Rogers placed Musk on a “recall status” order, but the billionaire failed to seek permission from the Judge before leaving, NBC News reported on Wednesday, citing anonymous sources familiar with

Alphabet Inc.‘s Waymo is issuing a recall for over 3,791 autonomous vehicles after a software glitch affecting its latest self-driving stack came to light. Software Issue Affects Waymo Fleet The issue could likely cause the Robotaxis to drive on to...