Stock market today: Rally wavers but Dow edges higher for 6th straight session

aol.com None US stocks wobbled on Wednesday but the Dow managed to notch its sixth winning session in a row. • None Tech stocks slid. Uber reported poor earnings and Intel adjusted…

Nasdaq, S&P, and Dow observe limited moves while yields tick higher

seekingalpha.com The major market averages noticed limited moves on Wednesday morning, while yields ticked higher. Early on and the Nasdaq Composite (COMP:IND) was -0.1%, the S&P 500 (SP500)…

Cybertruck owner calls for trend of sticking body parts in the frunk to end after his finger wound up in a splint

aol.com None A Tesla owner posted a video trying out the new Cybertruck frunk update by closing it on his finger. • None The experiment led to his finger getting hurt and ending up…

Why Tesla Investigators Could Be Eying Securities and Wire Fraud

inc.com The Justice Department is reportedly investigating whether Tesla misled investors, customers and regulators about the self-driving abilities of its EVs.

The UK’s second-richest man is demanding Manchester United workers return to the office

fortune.com Despite its name, Manchester United is a bit, well, fractured. Earlier this year, the second-richest man in the United Kingdom, Sir Jim Ratcliffe, was confirmed as the…

Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism

finance.yahoo.com Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has described lidar sensors as a “crutch” for autonomous vehicles. Yet Tesla has become the largest customer of lidar manufacturer…

Wall Street analyst jumps to Disney's defense

cnbc.com Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.…

Tesla faces an identity crisis: carmaker or tech firm?

economist.com On the night before Elon Musk unveiled Tesla’s first-quarter results on April 23rd, your columnist brought his car to a halt, noticing a futuristic vehicle hooked up to a…

Last Chance to Buy Solana’s Greatest Multichain Meme Coin, $DOGEVERSE, In $17 Million Presale

cryptonews.com Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes. The $DOGEVERSE token has…

How to Navigate Today's Complex ial Landscape

entrepreneur.com How to navigate today's fertile yet complex entrepreneurial environment and find a scalable, sustainable business idea that resonates with your vision and aligns with…

Upcoming US election and equity implications from JPMorgan

investing.com Investing.com - The upcoming U.S. presidential election looks set to be a divisive, closely fought contest, and JPMorgan explores the various scenarios and how to play the…

Tesla is being investigated for securities and wire fraud for self-driving claims

theverge.com The Department of Justice is looking into whether Tesla committed securities and wire fraud around its self-driving vehicle claims, Reuters reports today, citing three…

US transport watchdog adds to Tesla's Autopilot pain

theregister.com The US National Highway Traffic Safety Administration (NHTSA) has written to Tesla as the company's electric cars keep crashing despite a recall to fix problems with the…

Tesla Shareholders to Vote on Paying Elon Musk and More

247wallst.com Tesla (Nasdaq: TSLA) shareholders have a bigger agenda than usual ahead of this year’s shareholder meeting in mid-June. The EV maker’s board of directors has asked investors…

Tesla quietly spent $2 million on a technology Elon Musk previously trashed as a 'fool's errand'

aol.com None Tesla spent around $2 million on lidar tech, according to a quarterly earnings report from Luminar. • None Tesla CEO Elon Musk has repeatedly slammed lidar and referred…

Midday movers: Uber, Rivian, Twilio fall; Reddit and Arista rise By

investing.com Investing.com -- Main U.S. indexes were flat Wednesday, as investors digested a series of quarterly corporate earnings ahead of comments from more Federal Reserve officials.…

Lucid’s Stock Price is Still in Reverse: New Lows Are Coming

marketbeat.com Lucid’s NASDAQ: LCID stock price has been down-trending since 2021, and it is not over. The Q1 results aren’t horrible, but they did nothing to improve the outlook for…

TikTok is taking the US government to court in a showdown of free speech vs. national security

businessinsider.com The Senate just passed a multifaceted bill sending foreign aid to US allies and forcing ByteDance to sell TikTok. Celal Gunes/Anadolu via Getty Images This post originally…

From Factories to the Fast Lane, Unpacking Autonomy’s Potential

pymnts.com As the electric vehicle (EV) landscape shows signs of short-circuiting, automakers are eyeing another innovation. One more futuristic, and more fitting, for our rising…

Tesla Self-Driving Robotaxis May Get China Rollout First

inc.com A state-owned newspaper revealed that Elon Musk's moonshot Tesla vehicle may soon be self-driving through Chinese streets.

Tesla tells its German factory workers to stay home as more protests loom

cnn.com Tesla will shut its factory near Berlin to all employees Friday when crowds are expected to gather outside its gates to protest against a planned expansion. A stoppage of…

Tesla Autopilot recall probe is looking into possible securities, wire fraud

thestreet.com Amid the current firestorm at Tesla (TSLA) that includes multiple rounds of layoffs, the Elon Musk-led electric automaker is facing a new probe by authorities over one of…

Oh, That Fickle S&P 500. From Green to Red in a Blink of an Eye

barrons.com Oh, That Fickle S&P 500. From Green to Red in a Blink of an Eye. The S&P 500 was down 0.1% after flirting with a tiny gain. The Nasdaq Composite was also down--0.2%. The Dow…

Rivian And Worksport Are Proof That Smaller Players Can Be A Disruptive Force

benzinga.com While the EV industry is facing a slowdown amid an uncertain and turbulent economic climate, Rivian Automotive Inc RIVN and Worksport Ltd WKSP showed they continue their…

Tesla’s (NASDAQ:TSLA) China Strategy

tipranks.com Tesla (NASDAQ:TSLA) seems to be increasingly focusing its efforts to expand its business in China, despite a decline in sales of China-made EVs for the EV giant in April.…

Media CEO Pay 2023: Guess Who Didn’t Get the Memo?

variety.com For Hollywood, 2023 was an annus horribilis. But you wouldn’t have guessed that by looking at the pay stubs of many bigwigs in the biz. Last year, first writers and then…

Uber's CEO: Tesla will need us for robotaxis

businessinsider.com Uber CEO Dara Khosrowshahi said that his company could play a key role in making self-driving taxis reality. Anushree Fadnavis/Reuters Tesla is trying to use its full…

How the “Magnificent Seven” misleads

economist.com All models are wrong, goes the statisticians’ adage, but some are useful. This time last year, plenty of pundits’ models started looking more wrong and less useful. The…

The DoJ is reportedly investigating if Tesla committed securities or wire fraud in Autopilot probe

aol.com None The Department of Justice is investigating potential securities or wire fraud by Tesla, Reuters reported. • None The probe reportedly centers on Tesla's promotion of…

Stock market today: Indexes slide amid earnings-fueled tech selloff

aol.com None US stocks dropped on Wednesday led by a selloff in the tech sector. • None Uber and Intel shares declined as traders fretted over earnings and weak guidance. • None…

EU seeks information from X on content moderation amid first major probe under new tech rules

cnbc.com Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte…

Tesla Stock Undercuts Key Support As DOJ Reportedly Investigates Tesla Over Autonomous Driving

investors.com Tesla stock dropped below its 50-day moving average after Reuters reported on U.S. investigations into the EV giant. The post Tesla Stock Undercuts Key Support As DOJ…

Stocks Open Down as Market Rally Stalls Amid Rising Treasury Yields

barrons.com The stock market’s May rally was stalling on Wednesday as bond yields turned higher and the latest wave of earnings reports disappointed. The Dow Jones Industrial Average…

Jim Cramer's top 10 things to watch in the stock market Wednesday

cnbc.com My top 10 things to watch Wednesday, May 8 Wall Street's winning streak may come to an end Wednesday, with futures pointing to lower opens across the board. The Dow and S &…

Stock futures slide Wednesday as tech shares sell off: Live updates

cnbc.com Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024. Stock futures fell Wednesday as pressure on several tech names put the…

Tesla Temporarily Shuts Factory Down as Environmentalists Call the Company a Sham

wired.com Mara is sick. The 24-year-old has been living in a mosquito-infested forest near Tesla’s German gigafactory since March, and despite the 78 degrees Fahrenheit heat, a cold…

Every State’s City With The Most Billionaires

247wallst.com From booming tech hubs to established family dynasties, many factors influence where billionaires choose to live. Out of the estimated 2,640 billionaires in the world, 754…

Cathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock

coinspeaker.com Coinspeaker Cathie Wood’s Ark Invest Divests $15M Worth of Coinbase Stock On Tuesday, May 7, Cathie Wood’s Ark Investment Management divested more than $15 million worth of…

Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

finance.yahoo.com U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities,…

Tesla Tumbles On Reports Of DoJ Securities Fraud Probe Over Deceptive Self-Driving Capabilities

zerohedge.com Tesla Tumbles On Reports Of DoJ Securities Fraud Probe Over Deceptive Self-Driving Capabilities In what appears to be just the latest 'lawfare' angle of attack against Elon…

Tesla devotee tests Cybertruck safety with his own finger

theregister.com We know that Tesla Cybertruck owners are very special, and their mothers love them very much, but perhaps the most special of all is the one who "broke" his finger…

The Tech Stocks Making Waves Today

barrons.com Palantir looked to recover from a sharp fall after earnings, Arista Networks rose but others, including Astera Labs and Twilio declined after reporting results. Among the…

Today's Logistics Report: Electrifying Trucking Costs; Building Bigger Servers; Ordering Alliances

createsend.com Germany’s goods trade rebounded in March as both exports and imports increased. (WSJ) Spirit AeroSystems’ first-quarter loss widened to $616.7 million amid ongoing talks…

3 Tech Stock Darlings to Scoop Up After Q2 earnings

investorplace.com Over the past year, advancements in artificial intelligence (AI), cloud computing and cybersecurity propelled the tech sector to new Wall Street heights. As a result, the…

Tesla seeks to run robotaxi service in China after Musk’s Beijing visit: report

scmp.com “Testing FSD on robotaxis means Tesla has not received the nod from Beijing to fully commercialise the autonomous driving technology,” said Gao Shen, an independent industry…

Tesla Autopilot Probe Escalates as US Agency Demands Data

finance.yahoo.com Tesla Inc. is facing increased federal scrutiny of Autopilot, with the top US auto-safety regulator seeking data that will help determine whether the company’s biggest-ever…

Lucid's Upcoming Midsize Car Targets $48,000 Price, CEO Says

insideevs.com Lucid Motors' upcoming midsized vehicle will cost about the same as a Tesla Model Y Long Range, the EV startup's CEO and CTO Peter Rawlinson reaffirmed on a call Monday…

2 Chinese EV companies seem to be ganging up on Elon Musk's Tesla

aol.com May 8, 2024 at 6:31 AM • None EV company Nio is launching a new affordable EV brand in China. • None Competitor BYD will reportedly supply batteries for the new range, which…

'Is He Trying To Be Cramer?' Elon Musk Pokes Fun At Gary Black's Old Comments On Rivian As Tesla Rival Struggles To Make Its Mark

benzinga.com Tesla Inc.’s CEO Elon Musk recently took a jab at Rivian’s RIVN valuation and investor Gary Black comparing the latter to CNBC host Jim Cramer. What Happened: On Tuesday,…

Musk Offered to Launch Robotaxis in China for FSD Approval

asiafinancial.com Tesla chief Elon Musk proposed to test Tesla’s full self-driving (FSD) system in China by deploying it in the country’s robotaxis, according to Chinese state media reports…

Here’s what the NHTSA wants to know about how Tesla’s Autopilot monitors drivers

teslarati.com Last week, the National Highway Traffic Safety Administration (NHTSA) closed an investigation on Tesla Autopilot but simultaneously opened a Recall Query on an Over-the-Air…

3 EV Stocks to Sell in May Before They Crash & Burn

investorplace.com Elevated interest rates and intensifying competitive environment will make share price growth difficult for these EV stocks Consumer interest has definitely has started to…

7 Stocks to Buy Now or Regret It for the Next Decade

investorplace.com If you’re looking for stocks to buy for the next decade, there are a lot to choose from, especially if you’re looking to buy on weakness. After all, buying on weakness can…

Will Tesla's EV Charging Slowdown Supercharge Competitors?

wsj.com Tesla’s decision to step back from EV charging opens up space for competitors. It isn’t clear that they can fill the gap.