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.
Tesla Stake Cut Defended By Gary Black, Says Strategy Shift 'Additive To Our Performance' — Mega Bull Highlights Positives, Negatives Of Elon Musk's Auto Company
Future Fund Managing Partner Gary Black has defended the decision to reduce the fund's stake in Tesla Inc. (NASDAQ:TSLA), citing a shift in investment strategy and the electric vehicle maker's perform
Nissan And Honda Play Tesla Catchup — Considering EV Charging Tie-Up To Boost Competitiveness
Nissan Motor Co., Ltd. (OTC:NSANY) and Honda Motor Co., Ltd. (NYSE:HMC) are contemplating a collaboration in the development of automotive software and EV charging infrastructure to enhance their comp
As the stock price hits a new high, executives are busy reducing their shareholdings: Huang Renxun has reduced his by 160 million, and Bezos wants to sell 5 billion!
After Nvidia's skyrocketing share price in June, surpassing Microsoft to become the "most valuable company in the world," CEO Jensen Huang reduced his shareholding. Now, Amazon's stock price has hit a new high, and founder Jeff Bezos is also planning to reduce his shareholding by 25 million shares.
Nvidia, Koss Corp, Broadcom, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Wednesday, major U.S. indices showed mixed performance: the Dow Jones Industrial Average dipped slightly by 0.06% to 39,308, while the S&P 500 climbed 0.5% to 5,537.02, and the Nasdaq increased by
Bezos to sell US$5 bil of Amazon as shares hit record high
Bezos would still hold nearly 912 million shares, or about 8.8% of Amazon, following the latest sale.
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.
Huang Renxun sets a monthly record for cashing out with nearly $170 million in NVIDIA shares sold in June.
In the just past June, Nvidia CEO Huang Renxun sold his Nvidia shares to cash in nearly $170 million. According to the data disclosed in the documents submitted to the regulatory authorities, Huang Renxun sold 1.3 million shares of Nvidia in June, and the media estimated that the batch of stocks was worth nearly $169 million. This set a new record for his personal monthly sale of stocks. Huang Renxun's plan to sell shares has been published as early as March of this year. At that time, Nvidia mentioned in its quarterly financial report that Huang Renxun would sell up to 600,000 shares of stock through a 10b5-1 sales plan by the end of March 2025. Market analysts pointed out that Huang Renxun's sale
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
Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim
Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger discussed the decoupling of cryptocurrency markets from tech stocks in recent weeks.What Happened: While the Nasdaq continues to rall
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 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
10 Information Technology 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
A Closer Look at Trade Desk's Options Market Dynamics
Deep-pocketed investors have adopted a bearish approach towards Trade Desk (NASDAQ:TTD), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled
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
Nvidiea CEO Takes Advantage of YTD Price Surge, Sells 1.3M Shares