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Tesla Backs Off Threat to Cancel Australian Graphite Supply Agreement, Syrah Stock Pops Over 23%
Benzinga76d agoneutral
Tesla Backs Off Threat to Cancel Australian Graphite Supply Agreement, Syrah Stock Pops Over 23%

Tesla (NASDAQ:TSLA) on Monday backed away from terminating its supply deal with Australia’s Syrah Resources after the graphite producer demonstrated progress in meeting product qualification requirements. The EV maker accepted that the Syrah had produced conforming natural graphite active anode material samples and made sufficient progress to tackle an alleged default under their offtake agreement, the graphite producer said in a statement. Qualification Work Continues Tesla’s decision does not

Tesla withdraws termination notice on graphite supply deal with Australia's Syrah
Reuters76d agoneutral
Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent ‌to terminate a graphite supply deal, ending months ‌of negotiations that saw the two companies extend a resolution deadline ​four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.

Tesla withdraws termination notice on graphite supply deal with Australia's Syrah
Reuters76d agoneutral
Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent ‌to terminate a graphite supply deal, ending months ‌of negotiations that saw the two companies extend a resolution deadline ​four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.

AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic
Bloomberg76d agobullish
AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic

(Bloomberg) -- Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that’s due to burst.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns

Jensen Huang Just Called Humanoid Robots a $40 Trillion Market. Here’s Why Wall Street Is Loading Up on Physical AI Stocks
24/7 Wall St.77d agoneutral
Jensen Huang Just Called Humanoid Robots a $40 Trillion Market. Here’s Why Wall Street Is Loading Up on Physical AI Stocks

Jensen Huang has spent the past year repeating one number that keeps growing louder: humanoid robots represent a $40 trillion total addressable market for labor automation. That figure came up again on the Animal Spirits Talk Your Book episode on investing in the rise of the robots, where guest Derek Yan argued the opportunity is ... Jensen Huang Just Called Humanoid Robots a $40 Trillion Market. Here’s Why Wall Street Is Loading Up on Physical AI Stocks

Tesla’s Next Act? Wall Street Begins Weighing a SpaceX Combination
InvestorsHub77d agoneutral
Tesla’s Next Act? Wall Street Begins Weighing a SpaceX Combination

Tesla (NASDAQ:TSLA) has staged an impressive recovery since reaching a multi-month low earlier this spring. The electric vehicle maker has climbed more than 30% since early April and is now trading near $440 a share, reclaiming levels that seemed distant only a few weeks ago.

Jensen Huang’s $40 Trillion Robot Call Echoes the 1913 Moving Assembly Line. The Pattern Says Buy the Picks and Shovels
24/7 Wall St.77d agobullish
Jensen Huang’s $40 Trillion Robot Call Echoes the 1913 Moving Assembly Line. The Pattern Says Buy the Picks and Shovels

Although NVIDIA (NASDAQ:NVDA) CEO Jensen Huang rarely lacks for big numbers, his latest one stopped Wall Street cold. Huang has been telling audiences that humanoid robots represent a $40 trillion total addressable market for labor automation, a figure so vast it dwarfs every consumer technology category that came before it. On the Animal Spirits podcast ... Jensen Huang’s $40 Trillion Robot Call Echoes the 1913 Moving Assembly Line. The Pattern Says Buy the Picks and Shovels