US Morning News Call | Tesla Achieves 4 Million Electric Vehicles Produced at Giga Shanghai

$E-mini NASDAQ 100 Futures (MAR6) (NQmain.US)$ went up by 0.19%;

$E-mini S&P 500 Futures (MAR6) (ESmain.US)$ went up by 0.07%;

$E-mini Dow Futures (MAR6) (YMmain.US)$ went up by 0.01%.

Elon Musk denied reports that SpaceX was raising funds at an $800 billion valuation, stating the news was "not accurate." The Information had reported that SpaceX told investors it aims for an Initial Public Offering (IPO) by the end of 2026. $Destiny Tech100 (DXYZ.US)$

$Tesla (TSLA.US)$ 's Gigafactory in Shanghai rolled out its 4 millionth vehicle on Monday. The plant produces a new vehicle roughly every 30 seconds and accounts for nearly half of Tesla's global EV deliveries.

$Carvana (CVNA.US)$ , $CRH PLC (CRH.US)$ , and $Comfort Systems USA (FIX.US)$ will be added to the S&P 500 index as part of the upcoming rebalancing.

$Microsoft (MSFT.US)$ is reportedly in discussions with $Broadcom (AVGO.US)$ to jointly design future custom chips, which would shift its custom chip supply from its current provider, $Marvell Technology (MRVL.US)$ .

$IBM Corp (IBM.US)$ is reportedly in talks to acquire $Confluent (CFLT.US)$ for approximately $11 billion as part of its push into the AI sector.

President Donald Trump stated that the proposed deal between $Netflix (NFLX.US)$ and $Warner Bros Discovery (WBD.US)$ "could be a problem" and will require government review.

$Bitcoin (BTC.CC)$went up 1.72% to $91,948; $Ethereum (ETH.CC)$ went up 2.7%, to $3,142.

$Coinbase (COIN.US)$ has resumed user onboarding and reopened its app in India after a two-year hiatus.