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Tesla Fires Back At Hostile Proxy Advisory Firms, Rivian's 'Messy' Q2 Warning, Faraday Future Stock Deflates And More: Biggest EV Stories Of The Week
Electric-vehicle shares finished the week ending on May 31 on a mixed note, with market leader Tesla, Inc. (NASDAQ:TSLA) recording modest losses. The lackluster market mood amid the release of some we
Benzinga Bulls And Bears: Nvidia, Tesla, Alphabet And Shiba Inu Investor Turns $2,625 Into $1.1M
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.The S&P 500 and Nasdaq ended their five-week winning streaks with decl
'Stick With What's Working' as Markets Head Into June Trade: Fundstrat's Tom Lee
Watch These Consumer Stocks for a Potential Boost From a Stock Split Announcement
Fueled By Craze For Nvidia, South Korean Crypto Traders Embrace Risky AI-Linked Tokens
South Korean traders are showing a growing interest in digital assets linked to artificial intelligence (AI.) This surge in interest has seen the country's share of global trading volumes for Nvidia C
Elon Musk Faces $7.5B Insider Trading Allegation From Tesla Shareholder
Tesla shareholder Michael Perry on Thursday filed a lawsuit against Elon Musk alleging insider trading when the CEO sold shares worth over $7.5 billion in the last two months of 2022.
Elon Musk Reveals Tesla's FSD Will Have Three Modes for Drivers to Choose From: 'Chill, Standard and Hurry'
Tesla CEO Elon Musk on Friday said that its full self-driving (FSD) driver assistance software will have three modes in the future, namely 'chill,' 'standard,' and 'hurry.'
Tesla's Humanoid Bot Optimus Guides Shareholders On Voting Process Ahead Of Key June Meeting
EV giant Tesla Inc (NASDAQ:TSLA) on Friday released a step-by-step guide for shareholders to vote ahead of the company's upcoming meeting in June.What Happened: Tesla used its humanoid bot, Optimus, t
The AI concept stock boom has cooled down, and this US power company, which is stronger than Nvidia's gains, has plummeted
On Friday, Texas power producer Vistra, the “hidden winner” of the AI boom, fell sharply by 10% in the intraday session. Although the decline narrowed at the close and closed down by nearly 6%, the performance was clearly weak compared to the NASDAQ 100, which had the same deep decline during the day but recovered almost all of its decline at the end of the session. In fact, Vistra only hit an all-time high earlier this week. The company's plans to expand natural gas production capacity have raised a certain level of concern in the market. Combined with the overall sentiment of the market, which is becoming more risky in recent days, the stock price increase has come to a standstill. Vistra has increased by more than 300% in the past 12 months, becoming
J&J Says Rybrevant Combo Bests AstraZeneca's Tagrisso in Type of Lung Cancer
Nvidia Is South Korea's Favorite Foreign Stock: Jensen Huang's Chip Company Can't Stop Winning
One of the top gaining S&P 500 stocks over the last year has been NVIDIA Corporation (NASDAQ:NVDA), which just reported a beat and raise in the first quarter.Investors and funds are flocking to hold s
Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady in April: This Week in the Market
The U.S. stock market ended a five-week positive streak as investors feared that slowing economic momentum could impact the earnings outlook for American corporations.
Google continues to “slim down”: cloud business revealed widespread layoffs
Google is further “slimming down” and cutting costs. The latest impact of the layoffs is on the cloud business team. On Friday, May 31, EST, the media quoted an internal document saying that employees of several Google Cloud teams received layoff notices. According to the media, although the total number of layoffs is unknown, some employees estimate that about 100 people have been laid off in Google Cloud's “Go To Market” (Go To Market) department in the Asia Pacific region. Cloud teams focused on consulting, partner engineering, and sustainability have also been affected by layoffs, as the aforementioned documents show. The document also shows that some recently hired employees have also been fired, including at least one who has yet to complete their employment
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped in
Google Cloud Unit Said to Lay off Employees This Week: Report
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan
Tesla's Top Chinese Rival BYD Expands Global Presence With Inaugural Showroom In Saudi Arabia, Accelerating NEV Penetration In Middle East
BYD Co., Ltd. (OTC:BYDDY) (OTC:BYDDF) has reportedly inaugurated its inaugural showroom in Saudi Arabia following the introduction of the BYD brand in the Middle Eastern nation earlier this year.BYD's
Performance Comparison: Eli Lilly and Co And Competitors In Pharmaceuticals Industry
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry o
Market Clubhouse Morning Memo - May 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates thes