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Gary Black Questions Elon Musk's Take On EV Credit Removal After Tesla Sales Drop In Europe: 'Not Sure How The Math Works'
Monday, January 20, 2025 - 11:32pm | 581Tesla Inc. (NASDAQ:TSLA) faces potential headwinds in the U.S. market as data from Europe shows significant sales declines following electric vehicle subsidy removals, raising concerns about the impact of President Donald Trump‘s planned elimination of the $7,500 EV tax credit. What Happened...
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Apple Gets Rare Downgrade From Jefferies, Analyst Warns On Slowing Revenue Growth, Missed Forecasts, And Falling iPhone Demand
Monday, January 20, 2025 - 9:24pm | 524Apple Inc. (NASDAQ:AAPL) faces mounting pressure as Jefferies downgraded the tech giant to ‘underperform,’ citing concerns over revenue growth, following President Donald Trump's remarks about potential new U.S. investments from the company. The Apple Analyst: Jefferies analyst Edison...
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Is Stock Market Open Today? What To Know About MLK Day Trading Hours Amid Trump's Inauguration
Monday, January 20, 2025 - 3:38am | 371Financial markets will pause trading on Monday, Jan. 20, as the nation observes Martin Luther King Jr. Day. This year, it coincides with President-elect Donald Trump‘s inauguration as the 47th president. The New York Stock Exchange and Nasdaq Stock Market will be closed for the federal...
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Elon Musk, Jeff Bezos, Mark Zuckerberg Among Those In Race To Become First Trillionaires, Oxfam Warns Of Growing Wealth Inequality
Monday, January 20, 2025 - 2:39am | 482Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk tops a group of five business moguls expected to become the world's first trillionaires within a decade, highlighting the accelerating concentration of wealth, according to a new Oxfam report released Monday. What Happened: The report, “Takers Not Makers...
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Nintendo Switch 2 Fails To Stir Excitement In Investors, Gaming Giant's Shares Drop 5% In Tokyo
Friday, January 17, 2025 - 7:40am | 441Nintendo Co., Ltd. shares dropped 5.03% to 9,108 yen ($58.74) in Tokyo trading Friday, marking a sharp reversal from Thursday’s 52-week high, as investors digested details of the company’s Nintendo Switch 2 announcement. What Happened: The gaming giant revealed that its next-generation...
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Bill Ackman Says Hindenburg Research Closing 'A Big Loss,' Praises Short Seller's Contribution To Markets: 'Short Selling Is Really Hard'
Friday, January 17, 2025 - 12:06am | 816Billionaire investor Bill Ackman praised Hindenburg Research‘s contributions to capital markets following the influential short-seller’s unexpected closure, highlighting the firm’s crucial role in exposing corporate misconduct during its seven-year run. What Happened: “This...
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Jim Cramer Questions Nvidia's Trading Pattern Amid Positive TSMC Earnings And Biden's China Export Regulations
Thursday, January 16, 2025 - 11:47pm | 790NVIDIA Corp. (NASDAQ:NVDA) is facing renewed market scrutiny as Jim Cramer questioned the stock’s trading pattern on Thursday, amid growing concerns over China sanctions and positive earnings from key supplier Taiwan Semiconductor Manufacturing Co. (NYSE:TSM). What Happened: “When will...
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Tesla's Drop Against Modestly Lower Nasdaq Comes As Investors Weigh Elon Musk's $40-50 Billion TikTok Deal, Gary Black Says TSLA Share Swap Unlikely Due To This Upcoming Milestone
Thursday, January 16, 2025 - 10:31pm | 653Tesla Inc. (NASDAQ:TSLA) shares dropped 3.6% on Thursday, underperforming the Nasdaq’s 0.9% decline, as investors weighed speculation regarding CEO Elon Musk‘s potential acquisition of TikTok‘s U.S. operations ahead of the platform’s upcoming ban deadline this Sunday. What...
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OpenAI Whistleblower Suchir Balaji's Mother Says Her Son Had Documents Against Sam Altman's AI Startup: Elon Musk Calls It 'Extremely Concerning'
Thursday, January 16, 2025 - 7:04am | 655A former OpenAI engineer’s death has sparked controversy after his mother claimed he possessed sensitive documents about the artificial intelligence company’s practices. Suchir Balaji, who had worked with Sam Altman‘s AI company, was found dead in his San Francisco apartment in...
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Palantir's Shyam Sankar Says SpaceX And Tesla Are Models For Reviving American Manufacturing Amid Rising Concerns Over Military Readiness
Thursday, January 16, 2025 - 4:09am | 533Palantir Technologies Inc.’s (NYSE:PLTR) Chief Technology Officer Shyam Sankar praised Tesla Inc. (NASDAQ:TSLA) and SpaceX’s manufacturing approaches as models for revitalizing American industrial capabilities during an appearance on The Ben Shapiro Show on Wednesday. What Happened:...
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Cathie Wood Says Inflation Worries Dampen Expectations, Schiff Singles Out Wall Street For Swallowing Narrative Even As Prices Soar
Thursday, January 16, 2025 - 2:15am | 952Consumer sentiment faces renewed pressure as inflation expectations hit 3.3% for both short and long-term outlooks, despite December’s core inflation showing signs of moderation at 3.2% year-over-year, below the expected 3.3%. “The consumer is worried about both short-term inflation...
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Trump's Transportation Pick Says He Will Continue Tesla FSD Probe, Sees Need For 'Tough Love' With Boeing
Thursday, January 16, 2025 - 1:25am | 587Former Rep. Sean Duffy (R-Wis.), and President-elect Donald Trump‘s pick to lead the Department of Transportation, pledged Wednesday to maintain rigorous oversight of Boeing Co. (NYSE:BA) and continue safety investigations into Tesla Inc. (NASDAQ:TSLA) during his Senate confirmation hearing....
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As Tesla Soars 8%, Gary Black Cites Trump Impact, Elon Musk Pay Package, And $30K Car As Key Catalysts For EV Maker In 2025
Wednesday, January 15, 2025 - 11:15pm | 631Tesla Inc. (NASDAQ:TSLA) shares climbed more than 8% Wednesday amid optimistic forecasts from prominent investor Gary Black, who cited multiple growth catalysts for the electric vehicle maker in 2025. What Happened: Black, managing partner of The Future Fund LLC, highlighted Tesla’s upcoming...
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Biden's Farewell Address Targets Tech Oligarchy In Trump 2.0 Era: President Says Americans Face 'Avalanche Of Misinformation'
Wednesday, January 15, 2025 - 9:48pm | 278In his farewell address from the Oval Office Wednesday night, President Joe Biden raised concerns about an emerging tech oligarchy and social media’s impact on American democracy, signaling potential regulatory headwinds for the technology sector. Biden, who announced his withdrawal from the...
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From Adani To Nikola: How Hindenburg Research Reshaped Short-Selling Before Its Final Bow
Wednesday, January 15, 2025 - 9:20pm | 539Hindenburg Research, the influential short-selling firm that rattled global markets with high-profile exposés of companies like Adani Group and Nikola Corp. (NASDAQ:NKLA), announced its closure Wednesday after a seven-year run that reshaped modern activist investing. What Happened: Founder Nathan...