Elon Musk Says 'Grok 3 Should Be The Most Powerful AI' Upon Its Release, Gives Timeline For XAI Models Aiming To Beat Gemini, ChatGPT
Tesla and SpaceX CEO Elon Musk has announced the timeline for the chatbot models of his AI company xAI scheduled to be released later this year.What Happened: On Monday, while speaking with Dr.
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Notable Earnings After Tuesday's Close
The boom of rechargeable batteries in the US is accelerating the inflow of funds for investors.
[Rechargeable Battery] Rechargeable batteries play a role in improving the stability of old power grids and supplementing unstable power sources such as wind and solar energy. It has been reported that Kimber, the CEO of the US Intersect Power, which is involved in the competition to profit in this field, is also joining the competition. It is said that the same field is growing rapidly due to the expansion of the solar energy market and an inflow of billions of dollars in funds from the US government and Wall Street.
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
What's Going On With Rivian (RIVN) Stock?
Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher by 2.75% to $17.21 Monday morning, despite a lack of company-specific news for the session. The market is rising due to expectations of
Tesla Q2 Earnings Preview: Analyst Estimates, Key Items To Watch, Can 'Major Turning Point' In Bull Case Continue?
All eyes could be on Tesla Inc's (NASDAQ:TSLA) non-vehicle segments and political catalysts when the company reports second-quarter financial results after market close Tuesday.Here are the earnings
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
The
The S&P 500 Typically Outperforms in July, Underperforms August-October - RBC Capital Markets
Cantor Fitzgerald Reiterates Overweight on Tesla, Maintains $230 Price Target
Cantor Fitzgerald analyst Andres Sheppard reiterates Tesla (NASDAQ:TSLA) with a Overweight and maintains $230 price target.
Tesla Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 -8.65% Cantor Fitzgerald $230 → $230 Reiterates Overweight → Overweight 07/18/2024 23.13%
Cantor Fitzgerald Reiterates Overweight on Rivian Automotive, Maintains $19 Price Target
Cantor Fitzgerald analyst Andres Sheppard reiterates Rivian Automotive (NASDAQ:RIVN) with a Overweight and maintains $19 price target.
Rivian Automotive Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 10.11% Cantor Fitzgerald $19 → $19 Reiterates Overweight → Overweight 07/18/2024 4.32% Wells
What's Going On With Tesla Stock Monday?
Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Monday. The vehicle company is anticipated to release quarterly financial earnings on Tuesday after the market closes.The Details: For the 2024
Play The Political Angle In The EV Sector With Direxion's 2X Bull And 1X Bear Funds
Tesla Inc (NASDAQ:TSLA) stakeholders are digesting the latest political move, which has President Joe Biden stepping down from the contentious electoral race. The shocking measure will likely have
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
Tesla Rival BYD Strengthens Smart Driving Tech With Former Baidu Executive: Report
BYD Company (OTC:BYDDY) has reportedly recruited former Baidu Inc (NASDAQ:BIDU) executive to advance its development of driver assistance technology.Zhou Peng will now lead BYD's efforts in creating
Tesla Options Signal Positioning for Stock's Upward Potential Ahead of EV Maker's Earnings
Tesla's options market are seeing heavy positioning in call options that give the holders the right to buy the stock at as high as $300 by the end of this week.