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Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
bloomberg.com/news/articles/2024-04-25/musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse
Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
CEOs ask for patience on their big bets on AI
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
  • Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.

  • Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.

  • Microsoft's Azure cloud service could experience significant growth fueled by generative AI.

  • Google and Amazon are also focusing on integrating AI into their cloud services.
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USC Cancels Main Commencement Ceremony Amid Israel-Hamas War Protests: The University of Southern California canceled its main stage graduation ceremony as the ...
time.com/6971111/usc-cancels-commencement-israel-hamas-protests-campus/
USC Cancels Main Commencement Ceremony Amid Israel-Hamas War Protests
Quick Glance: Security Concerns: University Cancels 65,000-Person Celebration
  • Massive police intervention leads to cancellation of major event

  • Protests at US elite universities have consequences for students

  • Propalestinian demonstrations escalate across the US

  • Antisemitism allegations during protests: Biden issues warning
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Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Tesla Is Not the Next Ford. It’s the Next Con Ed.
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University of Southern California Confronts an Unfamiliar Era of Protest: The 144-year-old Los Angeles institution has not had a reputation for campus activism ...
nyti.ms/3UwI2rt
University of Southern California Confronts an Unfamiliar Era of Protest
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Gaza protests ramp up at Chicago universities: Activists are organizing demonstrations at Northwestern University, Columbia College, University of Chicago and ...
axios.com/local/chicago/2024/04/25/northwestern-university-protests-gaza
Gaza protests ramp up at Chicago universities
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Boeing and NASA decide to move forward with historic crewed launch of new spacecraft
cnn.com/2024/04/25/world/boeing-starliner-launch-spacex-delays-scn/
Boeing and NASA decide to move forward with historic crewed launch of new ...
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What we know about the protests erupting on college campuses across America: College campuses across the United States have erupted with pro-Palestinian protests ...
cnn.com/2024/04/25/us/college-protests-what-is-happening/
What we know about the protests erupting on college campuses across ...
Quick Glance: Criticism Surrounds Columbia President Minouche Shafik
  • After nine months as Columbia president, Shafik faces criticism for her handling of campus protests over the Israel-Hamas conflict.

  • Students, faculty, and lawmakers are outraged over the police crackdown that led to over 100 arrests, accusing Shafik of violating academic freedom.

  • Response to antisemitism on campus and at protests outside is criticized by both left-leaning and right-leaning lawmakers, as well as religious groups.

  • Calls for Shafik to resign intensify as her response to both antisemitism and Islamophobia is questioned, with donors and lawmakers expressing lack of confidence in her leadership.
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Tesla vs. Meta earnings prove the power of Musk's word despite failed promises: Elon Musk managed to turn around Tesla's stock slide with a couple promises.
businessinsider.com/tesla-meta-earnings-prove-power-of-musk-word-despite-promises-2024-4
Tesla vs. Meta earnings prove the power of Musk's word despite failed ...
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California schools may be required to provide kosher and halal meals: Schools with 5% of its population requesting kosher and halal diets would be required to ...
ocregister.com/2024/04/25/california-schools-may-be-required-to-provide-kosher-and-halal-meals/
California schools may be required to provide kosher and halal meals
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Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?: Tesla's record-breaking CEO pay was voided in court. The board just asked ...
inc.com/minda-zetlin/elon-musk-is-a-once-in-a-lifetime-leader-but-is-he-really-worth-250-ceos.html
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?
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Reggie Bush gets his Heisman Trophy back after it was stripped in 2010: Reggie Bush won the Heisman Trophy in 2005, but he forfeited the award after an NCAA ...
washingtonpost.com/sports/2024/04/24/reggie-bush-heisman-trophy/
Reggie Bush gets his Heisman Trophy back after it was stripped in 2010
Quick Glance: Reggie Bush to Regain 2005 Heisman Trophy
  • The Heisman Trust is set to announce Reggie Bush receiving back the 2005 Heisman Trophy, reinstating his status as a recipient after a NCAA investigation.

  • Following the restoration of his 2005 season records by the NCAA, the Heisman Trust confirmed the re-honoring of Bush's award.

  • In a statement, Bush expressed his excitement to be back in the Heisman family and collaborate with the organization to uphold its values and mission.

  • With the Heisman Trophy back in Bush's possession, USC now holds the top spot in college football's Heisman Trophy winners list with a total of eight recipients.
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Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Stock market today: GDP growth weaker than expected to start the year
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Jefferies' CEO sold millions in stock to buy himself a yacht: Rich Handler said the purchase was gift for himself and his family
qz.com/jefferies-ceo-rich-handler-stock-sale-yacht-purchase-1851435140
Jefferies' CEO sold millions in stock to buy himself a yacht
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Trump downplays deadly Charlottesville rally as a ‘peanut’ compared to Israel-Gaza protests
cnn.com/2024/04/25/politics/donald-trump-charlottesville-palestine-protests/
Trump downplays deadly Charlottesville rally as a ‘peanut’ compared to ...
Quick Glance: Trump compares Charlottesville and Israel-Gaza protests
  • Former President Trump downplayed the significance of the deadly 2017 white nationalist rally in Charlottesville compared to the rising demonstrations on college campuses over the situation in Gaza.

  • Trump highlighted that President Biden frequently cites the Charlottesville rally and Trump’s response as a reason for his White House candidacy in 2020.

  • Trump’s remarks coincided with college campus protests concerning the Israel-Hamas conflict, resulting in numerous Palestinian casualties in Gaza.

  • Biden has denounced antisemitism in the protests while also criticizing those who fail to grasp the situation with the Palestinians.
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U.S.C. Cancels Its Main Graduation Ceremony, Citing Security Concerns: There have been student protests and arrests, as well as controversy over the school’s ...
nytimes.com/2024/04/25/us/usc-cancels-graduation-campus-protests.html
U.S.C. Cancels Its Main Graduation Ceremony, Citing Security Concerns
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Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
cnbc.com/2024/04/25/dow-drops-more-than-600-points-on-inflation-and-growth-concerns-live-updates.html
Dow drops more than 600 points on inflation and growth concerns ...
Quick Glance: Disappointing Q1 Economic Growth and Implications
  • The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.

  • Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.

  • Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.

  • The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Meta loses $200 billion in value as Zuckerberg focuses earnings call on ...
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?
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Beijing Xinzhida Neurotechnology, a Chinese state-backed company, unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink ... Show more   www.reuters.com/science/chinas-version-neuralink-unveiled-tech-forum-2024-04-25/
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Eyeball-Scanning Worldcoin Project Looks to OpenAI Partnership: Co-founded by Sam Altman, the crypto and AI project has faced scrutiny around the world for its ...
bloomberg.com/news/articles/2024-04-25/eyeball-scanning-worldcoin-project-looks-to-openai-partnership
Eyeball-Scanning Worldcoin Project Looks to OpenAI Partnership
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Congress’ first tech crackdown in years is a gift to Big Tech: Meta and Google stand ready to reap a TikTok ban’s rewards.
washingtonpost.com/technology/2024/04/24/tiktok-ban-benefits-meta-google/
Congress’ first tech crackdown in years is a gift to Big Tech
Quick Glance: What Lies Ahead for TikTok in the US?
  • The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.

  • President Joe Biden has confirmed his intention to sign the legislation on Wednesday.

  • ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
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Biden is giving $6 billion to Micron for a semiconductor project in upstate New York
npr.org/2024/04/25/1246888804/biden-chips-syracuse-micron
Biden is giving $6 billion to Micron for a semiconductor project in ...
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What's next up for Tesla? More affordable EVs. 🚗🔋🔌
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Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
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College protesters want their schools to divest from ties to Israel. Here's what that means
nbcnews.com/business/business-news/college-protesters-divest-from-israel-what-it-means-rcna149147
College protesters want their schools to divest from ties to Israel ...
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
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Chipotle: California minimum wage increased menu prices about 7 percent: Chipotle increased menu prices by about 7% because of the minimum wage increase in ...
businessinsider.com/chipotle-california-minimum-wage-pushed-menu-prices-2024-4
Chipotle: California minimum wage increased menu prices about 7 percent
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
  • Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.

  • The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.

  • Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.

  • Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
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Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk promised cheaper Teslas: What if no one wants one?
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Nvidia stock's rapid rise has reaped huge gains for early retail bulls: Many retail investors got in when the company was a cornerstone of PC gaming ...
markets.businessinsider.com/news/stocks/nvidia-stock-retail-investors-gains-generational-wealth-ai-chips-gpus-2024-4
Nvidia stock's rapid rise has reaped huge gains for early retail bulls
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Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?: Tesla CEO Elon Musk tries to execute a dramatic, tech-driven pivot to rescue his company’s crashing ...
nymag.com/intelligencer/article/can-elon-musk-pull-off-a-comeback-like-mark-zuckerberg.html
Can Elon Musk Pull Off a Comeback Like Mark Zuckerberg?
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E-car pioneer Tesla: new, more affordable models to come faster: After a significant drop in sales at Tesla, company boss Elon Musk wants to bring cheaper models ...
stern.de/wirtschaft/news/e-autopionier-tesla--neue-guenstigere-modelle-sollen-schneller-kommen-34655256.html
E-car pioneer Tesla: new, more affordable models to come faster
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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Elon Musk apologizes to laid off Tesla employees for a major mistake
kentucky.com/news/business/article287862635.html
Elon Musk apologizes to laid off Tesla employees for a major mistake
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
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JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank: JPMorgan and HSBC are among banks trying to capture the startup market, but the California ...
bloomberg.com/opinion/articles/2024-04-24/jpmorgan-s-jamie-dimon-has-a-tech-rival-silicon-valley-bank
JPMorgan's Jamie Dimon Has a Tech Rival: Silicon Valley Bank
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AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...
qz.com/ai-political-party-face-recognition-1851433898
AI can apparently predict a person's political stance just by reading ...
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New LADWP general manager will make $750,000 salary: The DWP panel backed a $750,000 salary for proposed General Manager Janisse Quiñones ...
latimes.com/california/story/2024-04-24/new-dwp-general-manager
New LADWP general manager will make $750,000 salary
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Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car: "We're updating our future vehicle lineup to accelerate the launch of our low-cost ...
markets.businessinsider.com/news/stocks/tesla-stock-price-q1-earnings-elon-musk-affordable-car-plans-2024-4
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car
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Elon Musk's Tesla earnings call has become a cultural event: Like a Taylor Swift midnight album drop, the Tesla earnings call is a moment of shared ...
f-st.co/tbAw17F
Elon Musk's Tesla earnings call has become a cultural event
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Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
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Stock market today: Tesla jumps as Musk's EV promises charm investors: Despite missing expectations for the first quarter, Tesla stock still staged a comeback in ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-affordable-electric-cars-earnings-2024-4
Stock market today: Tesla jumps as Musk's EV promises charm investors
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At least 20 arrested at UT Austin protest as nationwide pro-Palestine demonstrations rage
nydailynews.com/2024/04/24/ut-austin-protest-riots-student-arrests/
At least 20 arrested at UT Austin protest as nationwide pro-Palestine ...
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Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling: A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package ...
reuters.com/business/autos-transportation/tesla-shareholder-seeks-block-musk-litigating-pay-outside-delaware-2024-04-24/
Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling
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Elon Musk hawks Optimus robot in an attempt to resuscitate Tesla: "As I've said before, I think Optimus will be more valuable than everything else combined ...
businessinsider.com/elon-musk-hawks-optimus-robot-in-attempt-to-resuscitate-tesla-2024-4
Elon Musk hawks Optimus robot in an attempt to resuscitate Tesla
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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Nvidia Got Some Good News From Elon Musk. Here’s What’s Driving the Stock.: Tesla CEO Elon Musk talked about demand for Nvidia chips. It should quell fears that ...
barrons.com/articles/nvidia-stock-price-buy-sell-elon-musk-tesla-925f6055
Nvidia Got Some Good News From Elon Musk. Here’s What’s Driving the Stock.