Tesla's Trillion-Dollar Potential Is Driven By AI, Says Wedbush Analyst Dan Ives: 'Most Undervalued AI Play In The Market'
Wedbush analyst Dan Ives has expressed his belief that Tesla Inc. (NASDAQ:TSLA) is significantly undervalued due to its AI potential and data-driven approach.
Cathie Wood's Ark Invest Dumps Another $3.25M Worth Of Tesla Shares Amid Searing Q2 Deliveries Rally
On Wednesday, Cathie Wood-led Ark Invest made a notable move by offloading a significant number of shares in Tesla Inc (NASDAQ:TSLA), despite the recent rally driven by the company's impressive second
Options Market Statistics: Nvidia Stock Rebounds Strongly After Brief Dip, Options Pop
News Highlights
'Congressional stock god' takes action! Pelosi purchases call options on Broadcom, 10,000 shares of Nvidia, sells Tesla and Visa.
Analysis shows that if Nvidia continues to perform well in the second half of the year, even if the increase is only half of that in the first half of the year, Pelosi's new purchase of 10,000 shares will bring her about $1 million in profits, which is more than five times her annual salary.
Soft data boosted expectations of interest rate cuts, the S&P and Nasdaq hit new highs, Tesla rose more than 7% at one point, while Nvidia reversed its losses to rise 4.6%, and American bonds boomed.
On the eve of USA Independence Day, several weak economic data published by USA increased signs of slow economic growth in USA and boosted expectations of a rate cut. For example, the USA June ISM Services index was 48.8, significantly below the expected 52.6, with the contraction rate reaching its fastest level in four years, reversing the trend of May's data, which rebounded to a nine-month high. At the same time, the increase in unemployment benefit claims and the unexpected ADP employment data showed a cooling labor market. In the week ending June 29th, the first-time jobless claims in USA rose to 238,000, hitting a new high since January of this year; and the USA June "small non-farm" ADP added 150,000 jobs.
Tesla's July 4th Plans In China: Elon Musk To Show Off Cybertruck, Optimus Bot At World AI Conference This Week
While America celebrates Independence Day on Thursday, Tesla Inc (NASDAQ:TSLA) is headed to China to show off its futuristic-looking Cybertruck, as well as the latest version of its Optimus bot at the
Tesla Energy Draws Attention, Praise From Analysts, With Potential AI Boom: 'Gaining Market Share Or The Entire Market Is Growing Dramatically In 2024'
Tesla Inc (NASDAQ:TSLA) shares have soared since the company beat second-quarter delivery estimates from analysts.Here's a look at what analysts are saying about deliveries, as well as shares up 35% o
10 Communication Services 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 Consumer Discretionary Stocks Whale Activity 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
What Happened With Tesla's Chinese Rival Li Auto Shares Today?
Li Auto Inc. (NASDAQ:LI) experienced a rise in its stock price today, buoyed by gains in Chinese EV stocks amid positive market sentiment. This follows multiple companies in the sector announcing thei
Wake up and Smell the Independence... and All Time Highs | Wall Street Today
The U.S. independence day began with fresh highs from both the
S&P 500, Nasdaq 100 Climb To Record Highs As Data Fosters Rate Cut Optimism Ahead Of Fed Minutes; Gold, Bonds Rally: What's Driving Markets Wednesday?
The S&P 500 and Nasdaq 100 indices surged to new all-time highs on Thursday, as investors heightened their expectations for rate cuts following June's sharply lower-than-expected services sector activ
XPeng +10%, Debuts All Electric Sedan, Follows Nio Higher on Tesla News
$XPeng(XPEV.US)$ unveiled the M03 Wednesday, the inaugural model in its Mona series, an all-electric sedan aimed at boosting sales in the latter half of the year. CnEV Post reported that He Xiaopeng,
Meta's Threads Set to Challenge X With New Ad Strategy: Report
Meta Platforms Inc (NASDAQ:META) launched Threads a year ago as Mark Zuckerberg's strategic move to capitalize on Elon Musk's struggles with X, formerly Twitter. The long-standing feud between these t
Like the S&P 500, Japan's Topix Equity Index Is Highly Concentrated and Flying High
Luminar Technologies Stock Is Rallying Wednesday: What's Going On?
Luminar Technologies Inc (NASDAQ:LAZR) shares are trading higher Wednesday after the company launched its Sentinel software for automakers.What Happened: Following five years of breakthrough developme
Zuckerberg Says Threads Now Has Over 175M Users, Might Sell Ads on the Platform
Tesla surges again! It rose by 7.4% at one point! The second-generation humanoid robot, Optimus, makes its debut in Shanghai.
Tesla announced on Weibo on Wednesday night that its second-generation humanoid robot, Optimus, will debut at the 2024 World Artificial Intelligence Conference in Shanghai from July 4th to 7th, 'witnessing the further evolution of humanoid robots.' Although Cybertruck is not new to China and has been touring around the country since earlier this year, Tesla will showcase its second-generation Optimus humanoid robot at its booth, which is expected to attract more visitors. It is reported that the second-generation Optimus, which was released in December last year, has made significant progress in mobility and functionality.
U.S. Indicated Dividend Payments Rose in Q2 Led by Alphabet's Initiation
Cathie Wood's ETFs Sell Tesla's Stock for the First Time in 9 Months
By Tomi Kilgore The Ark Innovation ETF had been loading up on Tesla shares as they dipped - and it's now selling on the rally As Tesla Inc.'s stock is back on the upswing, high-profile investor Cath