stock market index
Caitlin Clark to sign new Nike deal valued at $28 million over 8 years, reports say
apnews.com/article/caitlin-clark-nike-3ea6a96e0b830b66b4680cc5318de9e4
Quick Glance: Caitlin Clark Secures Groundbreaking Contract with Nike After WNBA Salary Criticism
- Following public criticism of Caitlin Clark's modest WNBA rookie salary, she secured an impressive deal with Nike.
- As the top pick in the 2024 WNBA Draft, she landed a long-term agreement with the athletic footwear and apparel brand, including a signature shoe.
- This partnership represents the largest sponsorship deal for a female basketball player.
On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more omny.fm/shows/elon-inc/the-most-important-earnings-of-elons-life
The iPad may finally be getting a major revamp, with Apple saying that it would host an event on May 7 www.reuters.com/technology/apple-says-it-will-hold-event-may-7-2024-04-23/
Quick Glance: Apple announces event on May 7
- Apple will host an event on May 7, where the long-awaited revamped versions of the iPad Pro and iPad Air are expected to be revealed.
- These new models would signify Apple's first major overhaul of this product line since 2018, as iPad sales have decreased, prompting the company to introduce new products to stimulate demand.
- In the first quarter, iPad sales dropped by 25% to $7.02 billion, alongside a slowdown in iPhone sales.
- The event is scheduled to commence at 7 a.m. PT, corresponding to 2 p.m. GMT, and Apple is also preparing for its Worldwide Developers Conference from June 10 to June 14.
JPMorgan Is Considering Two Synthetic Risk Transfers as Market Heats Up: JPMorgan Chase & Co. is sounding out investors about a pair of large synthetic risk ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-is-considering-two-synthetic-risk-transfers-as-market-heats-up
Oracle plans to move headquarters to Nashville: Oracle plans to move its headquarters to Nashville, four years after departing Bay Area
sfchronicle.com/tech/article/oracle-hq-nashville-19418940.php
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
Amazon: The Margin Train Is Gaining Speed: Amazon remains the cheapest option, by far, for fulfillment, logistics, and customer acquisition ...
seekingalpha.com/article/4685639-amazon-the-margin-train-is-gaining-speed
Paid articlePaid
Labor complaint reveals allegations of Boeing retaliation against two workers: A union representing Boeing engineers alleges the plane maker retaliated against ...
cnn.com/2024/04/23/business/boeing-investigation-labor-complaint-allegations-intl-hnk/
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
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.
Middle East: Dieter Hallervorden fights for Gaza: «Atrocities usually have an antecedent. And no one is born a terrorist,” writes Dieter Hallervorden in a ...
nzz.ch/feuilleton/wie-aus-einem-komiker-mit-opa-humor-ein-vorkaempfer-fuer-gaza-geworden-ist-ld.1827557
Why Are Men With Beards So Much More Attractive? We Have Answers.: With one fake beard, Mark Zuckerberg became an object of thirst.
huffpost.com/entry/why-do-beards-make-so-many-men-so-much-more-attractive_l_6627e6f9e4b096c7bac64da1
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
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
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.
JPMorgan CEO Jamie Dimon Says NYC Must Fight to Compete With Cities Worldwide: New York City is “obviously the financial center of the world,” but needs to stay ...
bloomberg.com/news/articles/2024-04-23/new-york-must-fight-to-compete-with-cities-worldwide-dimon-says
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
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
Sundar Pichai admits the generative AI boom took Google by surprise: Despite saying he recognized AI's significance years ago, Sundar Pichai said he had a ...
businessinsider.com/sundar-pichai-google-generative-ai-boom-surprise-2024-4
Meta’s Earnings Need to Deliver. The Risk Is High.: Expectations—and the risk of a disappointment—are high as Meta Platforms, owner of Facebook and Instagram ...
on.barrons.com/3JzQKPe
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
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.
Tesla recently recalled almost 4,000 Cybertrucks, just months after the automaker began delivering the EVs.
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
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Russian court orders seizure of $440mn from JPMorgan: Move follows lawsuit from state-owned bank VTB to ‘recover losses’ from America’s largest lender
ft.com/content/c2fc7827-fdce-458b-8416-1476208c22da
Paid articlePaid Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Tesla to launch new models ahead of planned timeline, shares jump: Tesla said on Tuesday it had pulled forward the launch of new models, sending its shares up 6% ...
reut.rs/3UektlH
Microsoft's and Amazon's AI partnerships draw UK watchdog scrutiny: Britain's competition watchdog said on Wednesday it was seeking comments on the AI ...
reuters.com/technology/uk-competition-watchdog-seeks-views-ai-partnerships-2024-04-24/
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
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
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Exclusive: Google rival Tuta complains to EU tech regulators about de-ranking: German email service Tuta Mail has complained to European Union tech regulators ...
reuters.com/technology/google-rival-tuta-complains-eu-tech-regulators-about-de-ranking-2024-04-24/
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Intervention Risk Is Rising Going Into BOJ Meeting, BofA Says
bloomberg.com/news/articles/2024-04-24/intervention-risk-is-rising-going-into-boj-meeting-bofa-says
Paid articlePaid Tesla CEO Elon Musk Is Fixing His Strategic Mistake—in the Nick of Time: Tesla’s earnings show that EVs aren’t dead yet. The industry is just on the other side ...
barrons.com/articles/tesla-gm-ford-model-2-ev-earnings-strategy-87d9677f
Paid articlePaid 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 expects to book over $350 million in costs for layoffs: Tesla expects to book more than $350 million in costs in the current quarter for the mass layoffs ...
reuters.com/business/autos-transportation/tesla-reiterates-capital-expenditure-target-10-billion-this-year-2024-04-24/
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
apnews.com/article/unitedhealth-change-cyberattack-50e7e86ace92e95711dfbf8914d27db1
$433 Billion Gone! One Stock Loses More Value Than Tesla: Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the ...
investors.com/etfs-and-funds/sectors/sp500-billion-gone-one-stock-lost-more-value-than-tesla/
Morning Bid: Yen on the brink, but Tesla pulls back: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-24/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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
Chevron-Exxon Faceoff Hinges on Growth Ambitions: Darren Woods’ oil titan has opened up a market-value lead of $178 billion, and it’s all down to low-cost ...
bloomberg.com/news/newsletters/2024-04-24/chevron-exxon-faceoff-hinges-on-growth-ambitions
$TXN | Texas Instruments Q1 Earnings:
- GAAP EPS $1.20 (Est. $1.08) 🟢
- Sales $3.660B (Est. $3.611B) 🟢
- Sees Q2 Revenue $3.65B-$3.95B (Est. $3 ... Show more
Tesla brings forward new models as profits halve : The EV maker brings forward launch plans for new models as profits drop by more than half.
bbc.com/news/articles/c72pvz18x4lo
FAA probes union claims Boeing retaliated against two engineers in 2022: The Federal Aviation Administration said Tuesday it is investigating claims by a union ...
reut.rs/3xPFcoB
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
Zendaya-Palooza At Weekend Box Office As Luca Guadagnino’s ‘Challengers’ Looks To Serve $15M Opening & ‘Dune 2’ Returns To Imax – Preview
deadline.com/2024/04/zendaya-palooza-at-the-weekend-box-office-as-luca-guadagninos-challengers-looks-to-serve-15m-opening-dune-2-returns-to-imax-preview-1235893014/
Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo: Tesla said on Tuesday that it will use its existing factories to build new and more ...
reut.rs/4b5CHwE
Elon Musk apologizes to laid off Tesla employees for a major mistake
star-telegram.com/news/business/article287862635.html
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Goldman Talks With Private Credit for Beyond Meat Capital (BYND): Goldman Sachs Group Inc. has held conversations with private credit lenders to help shore up ...
bloomberg.com/news/articles/2024-04-23/goldman-talks-with-private-credit-firms-for-beyond-meat-capital
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Vertiv Surges On Earnings. It's A Good Sign For AI Stocks.: Data-center coolant systems specialist Vertiv soared Wednesday on strong earnings ...
investors.com/news/vertiv-spikes-on-earnings-ai-stocks-nvidia-super-micro/
Tesla previews ride-hailing experience ahead of August robotaxi unveil: Tesla has shown off a preview of an upcoming ride-hailing feature in its app ahead of an ...
engt.co/3Jxf2JN
Goldman Sachs (GS) Stock Climbs to First Record High Since 2021: Goldman Sachs Group Inc. shares rose to a record on Tuesday, eclipsing their previous closing ...
bloomberg.com/news/articles/2024-04-23/goldman-sachs-gs-shares-rise-to-notch-first-record-high-since-2021
GM shared our driving data with insurers without consent, lawsuit claims: Motorists file class action alleging breach of contract and more after their premiums ...
theregister.com/2024/04/23/gm_insurance_class_action/
The pink moon is here and will appear full for several days this week, from Monday morning to Thursday morning, according to NASA ... Show more abcnews.go.com/Site/fullpage/page-unavailable-61369435
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
Adidas' Next Samba Handball Spezial Overtakes Nike: The company is following its well-worn playbook. But it shouldn’t become over-reliant on one signature ...
bloomberg.com/opinion/articles/2024-04-22/adidas-next-samba-handball-spezial-overtakes-nike
Paid articlePaid Morning Bid: Tesla catches break, Meta next; TikTok countdown: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-24/
Tesla's future is riding on Elon Musk believers: Tesla reported a drop in revenue during its first quarter earnings call, falling short of expectations and ...
businessinsider.com/teslas-future-is-riding-on-elon-musk-believers-2024-4
FedEx: Cost Cuts Paying Off, Big EPS Growth Expected: FedEx is focused on reducing its costs and has impressive EPS growth forecasts from the sell-side ...
seekingalpha.com/article/4685471-fedex-cost-cuts-paying-off-big-eps-growth-expected
Paid articlePaid Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
Paid articlePaid US consumer finance watchdog raises alarm over credit card megadeals: CFPB boss warns over competition and financial stability as Capital One and Discover pursue ...
ft.com/content/83ed2a96-8c5c-4242-89bc-21eb53a9f62a
Morgan Stanley's (MS) Mike Wilson Is Steering Clear of Bold S&P 500 (SPX) Calls
bloomberg.com/news/articles/2024-04-23/morgan-stanley-s-wilson-is-steering-clear-of-bold-s-p-500-calls
Paid articlePaid Boeing (BA) Still Has Wall Street Boosters Amid Cascade of Setbacks: For a company that has been in crisis mode for as long as Boeing Co., the planemaker has ...
bloomberg.com/news/articles/2024-04-23/boeing-ba-still-has-wall-street-boosters-amid-cascade-of-setbacks
Paid articlePaid
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
Paid articlePaid 11 Stocks to Buy Before Earnings Season — Including 4 With 30%+ Upside: Earnings reports can be upside catalysts for stocks. Morgan Stanley says these 11 stocks ...
businessinsider.com/stocks-to-buy-earnings-season-most-upside-morgan-stanley-2024-4
Paid articlePaid Ryanair CEO Urges Leadership Continuity at Boeing During Crisis: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said Boeing Co ...
bloomberg.com/news/articles/2024-04-24/ryanair-ceo-urges-leadership-continuity-at-boeing-during-crisis
Tesla launches new souped-up Model 3 as it battles slumping sales: Tesla announced a new version of its Model 3 Performance sedan ahead of its quarterly earnings ...
businessinsider.com/tesla-launches-new-model-3-as-it-battles-slumping-sales-2024-4
JPMorgan Rehires India ECM Head Abhinav Bharti in Management To and Fro: JPMorgan Chase & Co.’s India head of equity capital markets, Abhinav Bharti ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-rehires-india-ecm-head-abhinav-bharti-in-management-to-and-fro
Paid articlePaid After the protests at Google which led to 28 employees being fired, the company confirmed Monday that it was firing around 20 more workers.
Zelda Montes ... Show more @NoTechApartheid @EVYSTADIUM
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
- Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.
- The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.
- Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.
- The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
Texas Instruments Stock Jumps as Earnings Edge Estimates: Texas Instruments posted March quarter earnings that edged Wall Street estimates. The results, however ...
barrons.com/articles/texas-instruments-earnings-stock-price-8f79a8a2
Paid articlePaid
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
Paid articlePaidNew to NewsWall?
Sign up now to get your own personalized news!
Trending topics