Stories That Matter

Why Can't Tesla Just Grant Elon Musk A New Pay Package? Critic And Legal Expert Says CEO 'Can't Replicate The Stock-Pumping Feats' From 2018
Elon Musk's Neuralink Seeks Second Participant For Brain Implant Trial, Says It 'Allows You To Control Your Phone And Computer Just By Thinking'
Chinese EV Maker XPeng To Hold AI Day Next Week As Tesla's Event Stands Canceled Over Copycat Concerns
Elon Musk's Neuralink Seeks Second Participant For Brain Implant Trial, Says It 'Allows You To Control Your Phone And Computer Just By Thinking'
Chinese EV Maker XPeng To Hold AI Day Next Week As Tesla's Event Stands Canceled Over Copycat Concerns
Will Boeing's Outgoing CEO Dave Calhoun Retain His Board Status? Shareholders To Vote Today
Tesla's New Model 3 Performance Gets Second $1000 Price Hike, Retains Tax Credit Perk

Stories That Matter Recent News

Major Indexes Close In The Red, Dow Falls Below 40,000 As Investors Make U-Turn On Economic Outlook
Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing.
Bitcoin, Ethereum, Dogecoin Dip 2%, But U.S. Senator Lummis Posts Bitcoin Laser Eyes, Writes: 'We Are So Back'
Cryptocurrency markets are dipping despite a Senate vote to overturn a controversial accounting rule and $303 million net inflows into spot Bitcoin ETFs.
ABAT Ramps Up Nevada Facility; US Gold Receives CK Gold Permit; Tredegar Terphane Sale Under Review And More: Thursday's Top Mining Stories
ABAT Ramps Up Nevada Facility; U.S. Gold Receives CK Gold Permit; Tredegar Terphane Sale Under Review And More: Thursday's Top Mining Stories
Weed Industry Celebrates Biden's Rescheduling Move: 'Most Monumental Cannabis Reform In Half A Century'
Cannabis companies and advocates applaud President Biden's announcement to reschedule and legalize cannabis, calling it a major leap forward and opportunity to correct long-standing wrongs and improve the industry's cashflow.
VinFast Auto Surges 30% In 5 Days: Charts Signal Strong Bullish Trend, More Than Just A Short Squeeze
VinFast Auto (NASDAQ: VFS) saw a 15% jump in share prices after receiving nearly 30,000 pre-orders for its new EV model in under 72 hours, part of a broader trend in heavily shorted stocks.
If You Made $70,000 When Trump Was Elected, You'd Need $90,000 Today To Keep Up
April inflation reading brings hope for soft landing scenario in US economy; S&P 500, ETFs pricing in Fed rate cuts; purchasing power down since 2017.
Top Housing Markets In Spring 2024: Find Out If Yours Made The Cut
San Francisco was the third-best market, good for a 2.41% price rise. This comes during Silicon Valley's AI boom.
CME Group Eyes Bitcoin Trading Amid Surging Wall Street Demand (UPDATED)
Editor’s note: This story has been updated with additional details.
David Tepper Bullish On China: Alibaba Now No. 1 Holding, Trimmed Stakes In Nvidia, Microsoft, Amazon, Meta, Google
David Tepper, billionaire hedge fund manager, bullish on China. Trimmed stakes in U.S. tech giants, added Alibaba, along with other China-based companies.
Attention Biotech Investors - Stocks To Watch From RBC Global Healthcare Conference
RBC's Chris McCarthy discusses biotech investor sentiment at the RBC Global Healthcare Conference. Focused on upcoming binary catalysts, McCarthy highlights Agios Pharmaceuticals, Caribou Biosciences, and Corbus Pharmaceuticals with key 2024 data readouts and trials.
Senate Votes To Overturn Controversial SEC Crypto Rule, But Will Biden Veto It?
U.S. Senate votes to overturn SEC policy hindering crypto adoption, but Biden threatens veto. Critics say policy was implemented without rulemaking.
Disinflation Hopes Reshape Treasury Yields' Major Trend: 5 Bond ETFs Poised To Rally On Fed Rate Cuts
Inflation data supports Fed rate cuts, yields test crucial 200-day average, creating favorable bond market trend. Powell downplays hike concerns.
Robinhood Crypto Trading Volume Slumped 57% In April
Robinhood Markets Inc. (NASDAQ:HOOD) reported a significant decline in crypto trading volumes for April, reflecting a broader cooling in retail
Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns
Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.
Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What's Driving Markets Thursday?
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.
SharkNinja Emerges As A Strong Buy: Analyst Forecasts Growth Amid Strategic Innovations
BofA Securities' Alexander Perry initiated coverage on SharkNinja with a Buy rating and a $90.00 price target. Perry highlighted the company's robust growth potential, driven by its data-driven innovation and market expansion. SharkNinja's plans to launch 25 new products annually, along with expanding shelf space at major retailers like Amazon, Walmart, and Costco, are expected to bolster its market share.
Bill Gates Sells Microsoft, Berkshire Hathaway Shares In Q1: Are These Still Top Positions?
In a recent 13F filing, the Bill and Melinda Gates Foundation reveals the trust sold Microsoft and Berkshire Hathaway shares in the first quarter.
Walmart's Q1 Beat Likely To Drive Positive Reaction In The Stock, Says Analyst
J.P. Morgan analyst Christopher Horvers maintains a Neutral rating on Walmart. The retailer reported Q1 2025 adjusted EPS of $0.60, surpassing the $0.52 consensus, and sales of $161.51 billion, up 6.0% YoY. With a 15% EPS beat driven by strong margins and good U.S. comps, Walmart posted solid results, although comps slightly missed buyside expectations.
EXCLUSIVE: Andrew Left Disagrees With 'Dumb Money' GameStop Storyline: 'The Story Still Goes Down As If The Short Sellers Were The Bad Guys'
A movie about the GameStop short squeeze of 2021 makes short sellers the bad guys. Citron Research founder Andrew Left disagrees with this notion.
Nvidia Set for Major Growth with Increased Data Center Spending and Expanding AI Demand, Analysts Say
Wedbush's Matt Bryson reiterated Outperform rating & $1,000 price target for Nvidia, citing robust demand for HBM & SSDs. Piper Sandler's Harsh Kumar maintained Overweight rating & $1,050 PT, expecting another strong quarter. Citi's Atif Malik predicts in-line Q1 sales & higher Q2 sales. All analysts bullish on Nvidia's growth potential.
Johnson & Johnson To Acquire Early-Stage Eczema Treatment Developer Proteologix For $850M
Johnson & Johnson acquires Proteologix for $850 million, expanding its bispecific antibody portfolio for immune-mediated diseases.
Roche To Ride Booming Obesity Treatment Market With Newly-Acquired Drug Candidate
Roche's Genentech reported results from the Phase 1b trial of CT-388 for obesity and type 2 diabetes. The 24-week study showed significant weight loss and improved glycemic status in participants, with mild to moderate adverse events.
United Airlines Set To Expand As FAA Lifts Safety Limits
United Airlines Holdings Inc. (NASDAQ: UAL) is set to expand its fleet and routes following the FAA's lift on restrictions. This marks a significant recovery after a series of safety incidents prompted stricter oversight. The FAA's approval allows United to resume certification activities, indicating confidence in the airline's enhanced safety measures. United continues to implement further safety enhancements while collaborating closely with the FAA.