Maxeon Solar Technologies Stock (NASDAQ: MAXN)

Maxeon Solar Technologies Stock (NASDAQ:MAXN), Trade Ideas

Maxeon Solar Technologies

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.

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Why Tilray Brands Shares Are Trading Lower By Around 22%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

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U.S. stock futures were mixed this morning, with the Nasdaq futures gaining by around 0.2% on Tuesday.

Shares of  Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) fell sharply in today’s pre-market trading.

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Maxeon Solar Technologies Ltd

In an interview earlier this week, Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Sundar Pichai responded to Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) CEO Satya Nadella&#8216;s <a href="https://www.benzinga.com/news/large-cap/23/06/32881859/microsoft-ceo-satya-nadella-wants-real-competition-with-google-as-companys-stock-reaches-all-time-">comments about making</a> Google &#8220;dance&#8221; after the introduction of new Bing.
What Happened: On Wednesday, in an interview <a href="https://www.bloomberg.com/news/articles/2024-05-08/video-alphabet-ceo-sundar-pichai-lays-out-google-s-ai-roadmap">with</a> Bloomberg, Pichai dismissed Nadella&#8217;s remarks about the &#8220;new Bing&#8221; and the need for Google to &#8220;dance&#8221; to its tune. &#8220;One of the ways you can do the wrong thing is by listening to noise out there and playing to someone else&#8217;s dance music,&#8221; he said. 
Microsoft announced its &#8220;New Bing,&#8221; powered by OpenAI&#8217;s ChatGPT, in February 2023. That same month, Nadella said, &#8220;I want people to know that we made them dance.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/24/05/38635874/elon-musk-is-astonished-by-warren-buffetts-berkshire-hathaway-amassing-as-much-cash-as-tesla-ceo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Is Astonished By Warren Buffett&#8217;s Berkshire Hathaway Amassing As Much Cash As Tesla CEO&#8217;s Wealth: &#8216;Wow&#8217;</a>
Nadella also stated that he had been waiting for&nbsp;20 years to compete with&nbsp;Google and that&nbsp;it &#8220;should have been the&nbsp;default winner&#8221; of the Big&nbsp;Tech AI race.
Despite Google&#8217;s early investment in&nbsp;AI and&nbsp;its resources and talent, Microsoft&nbsp;took the lead in&nbsp;the AI race when it <a href="https://www.benzinga.com/markets/equities/24/01/36561409/microsofts-13b-investment-in-openai-comes-under-scrutiny-of-european-competition-regulator">partnered with OpenAI</a> and launched&nbsp;the new Bing and 365&nbsp;Copilot, an AI-powered productivity tool&nbsp;for Microsoft apps.
Google was reportedly caught off guard. When ChatGPT was launched in 2022, <a href="https://www.benzinga.com/news/22/12/30170477/chatgpt-popularity-reportedly-leads-to-google-declaring-code-red-as-sundar-pichai-increases-involvem-1">Google allegedly&nbsp;issued a &#8220;code red&#8221;</a> to employees about the potential threat&nbsp;to its search business. The&nbsp;company also refocused its AI&nbsp;strategy following the new competition.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
However, Google is now catching up, leveraging&nbsp;its massive user base to&nbsp;promote its AI products. The company recently announced that it is developing its own AI chips and is intensifying&nbsp;its AI efforts with a&nbsp;series of cloud advancements, the <a href="https://www.benzinga.com/news/24/04/38175771/googles-gemini-1-5-pro-ai-could-change-how-you-play-games-and-file-insurance-claims">general availability</a> of TPU v5p,&nbsp;the new release of Gemini&nbsp;1.5, and various AI additions&nbsp;to Google Workspace.
Why It Matters: Pichai&#8217;s response comes in the wake of a challenging period for Google. The company has been facing increased scrutiny over its ability to keep pace with competitors, with some analysts even calling for a <a href="https://www.benzinga.com/news/24/03/37440362/analysts-are-calling-for-google-ceo-sundar-pichai-to-step-down-despite-companys-massive-growth-under">leadership change at the tech giant</a>.
Earlier this year, <a href="https://www.benzinga.com/news/24/03/37579583/google-ceos-anxiety-exposed-leaked-email-reveals-how-sundar-pichai-was-spooked-about-losing-talent-e">Pichai&#8217;s anxiety about losing talent</a> to rivals, especially Apple Inc., was exposed in a leaked email. Amid an ongoing antitrust lawsuit brought by the U.S. Department of Justice, Pichai has reportedly kept a close watch on the loss of key talent to rivals, particularly Apple.
Following this, <a href="https://www.benzinga.com/news/24/04/38334324/sundar-pichai-announces-restructure-after-google-fires-protesting-employees-too-important-a-moment-a">Google announced a restructuring</a> after firing 28 employees for protesting against the company&#8217;s cloud deal with Israel. Pichai emphasized the need for focus, collaboration and respectful disagreements within the company, while announcing a restructuring of Google&#8217;s devices and mobile software divisions.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38754725/elon-musk-going-for-youtube-billionaire-now-wants-you-to-post-your-movies-tv-shows-and-podcasts-on-x?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Going For YouTube? Billionaire Now Wants You To Post Your Movies, TV Shows And Podcasts On X To Monetize</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

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Sundar Pichai Finally Responds To Microsoft CEO's Comments About Making Google Dance: 'One Of The Ways You Can Do The Wrong Thing Is By ... Playing To Someone Else's Dance Music'

Electric vehicle stocks retreated in the week that ended on May 10 amid profit taking, with<a href="https://www.benzinga.com/news/earnings/24/05/38653616/lucid-q1-earnings-highlights-revenue-beat-eps-miss-production-update-and-more"> some earnings reports from the space</a> weighing down on several stocks.
Here are the key events that happened in the EV space during the week:
Another Key Tesla Executive Departs, China Sales Woe And More: The week did not bring respite to the ongoing right-sizing efforts at Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). Rich Otto, who served as head of product at the company, announced this week that he was departing after a seven-year stint at the company. In a LinkedIn post that has since been deleted, Otto reportedly said, &#8220;The recent layoffs that are rocking the company and its morale have thrown this harmony out of balance and it&#8217;s hard to see the long-game.&#8221;
In another development, Tesla removed most job postings on its website, with the North American websites listing just three open manufacturing jobs. Gizmodo <a href="https://gizmodo.com/tesla-hiring-freeze-job-postings-elon-musk-layoffs-1851464758">reported,</a> citing an archived version of Tesla&#8217;s career page, that as of May 1, had listed 3,400 jobs openings in the U.S., Mexico and Canada.
Although Tesla nearly disbanded its Supercharger network team, it could expand the network, according to comments from CEO Elon Musk. 
&#8220;Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year,&#8221; he said in a post on X.
&#8220;That's just on new sites and expansions, not counting operations costs, which are much higher,&#8221; he added.
Tesla&#8217;s troubles in China appear to continue. Data released by the China Passenger Car Association showed that the company shipped 62,617 made-in-China EVs in April, down 18% year-over-year, with 30,746 units of those meant to be exports, CnEVPost <a href="https://cnevpost.com/2024/05/10/tesla-apr-2024-sales-in-china/">reported.</a> Domestic sales totaled 31,421 units, marking a decrease of approximately 50% from the previous month and a decline of over 21% compared to the same period last year.
Reports suggested that Tesla sent former China head Tom Zhu back to the country as the company struggles with sagging sales amid competitive pressure. Zhu was promoted to Tesla&#8217;s top leadership team last year and was stationed in Austin.
See Also: <a href="https://www.benzinga.com/money/best-electric-vehicle-stocks">Best Electric Vehicle Stocks</a>
Rivian Earnings, Apple Rumor: Startup Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) reported first-quarter revenue that exceeded estimates; however, loss per share widened compared to a year ago. On a positive note, the company maintained its 2024 production forecasts of 57,000 units. CFO Claire McDonough said on the earnings call that the 2024 capital expenditure guidance stands reduced by $550 million to $1.2 billion, attributing the cut to the savings stemming from a decision to move the first line of R2 production to the company&#8217;s Normal, Illinois plant.
The stock received a shot in the arm early this week after DigiTimes reported that Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is &#8220;assessing the possibility of teaming up with a certain U.S. EV startup, and Rivian is a very likely candidate.&#8221; Both companies, however, did not clarify on the rumor.
Fisker Files For Insolvency In Austria: Beleaguered EV maker Fisker, Inc.&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FSRN#OTC">FSRN</a>) Austrian unit Fisker GmbH voluntarily filed for bankruptcy protection on Tuesday. The subsidiary clarified that no other Fisker entities are included in the restructuring. The company faced more negative headlines this week, with the National Highway Traffic Safety Administration opening another investigation into potential issues with the Ocean electric SUV's automatic emergency braking.
Pushback For China EV Makers? The Biden administration is set to act to protect the domestic EV industry from Chinese competition. Wall Street Journal <a href="https://www.wsj.com/economy/trade/biden-to-quadruple-tariffs-on-chinese-evs-203127bf">reported</a> that the White House will announce on Tuesday tariffs on Chinese imports in strategic sectors such as EVs.
The report said the U.S. would maintain existing tariffs on many Chinese goods set by former President Donald Trump, while adding new tariffs to semiconductors and solar equipment. The government is also reportedly planning to hike EV tariffs, which are likely to quadruple.
Ford Slows European EV Plans: Legacy automaker Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has gone back on its <a href="https://www.benzinga.com/news/21/02/19702111/ford-to-go-all-electric-in-europe-by-2030-cnbc">plan to fully transition to battery EVs in Europe by 2030.</a> Martin Sander, head of Ford&#8217;s passenger cars business in Europe, <a href="https://europe.autonews.com/automakers/ford-revises-plan-be-all-electric-europe">said</a> at the Financial Times Future of the Car Summit on Tuesday that demand for pureplay EVs has been softer than the company expected.
The company will continue to sell internal combustion engine cars beyond 2030 if customers demand them and will focus on selling plug-in hybrids, he said.
The KraneShares Electric Vehicles and Future Mobility&nbsp;Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>) ended Friday&#8217;s session down 1.87% at $22.14, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data.</a> For the week, the ETF fell 2.55%.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:<a href="https://www.benzinga.com/markets/equities/24/05/38759751/tesla-vs-uber-if-you-invested-1-000-each-in-these-companies-in-2022-heres-how-much-you-would-hav"> Tesla Vs. Uber: If You Invested $1,000 Each In These Companies In 2022, Here&#8217;s How Much You Would Have Now</a>
EV Stock Performances For Week:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Performances (+/-)</td>
</tr>
<tr>
<td>Tesla</td>
<td>-7.02%</td>
</tr>
<tr>
<td>Nio, Inc.(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>)</td>
<td>-8.98%</td>
</tr>
<tr>
<td>XPeng, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)</td>
<td>-14.68%</td>
</tr>
<tr>
<td>Li Auto, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>-4.68%</td>
</tr>
<tr>
<td>Fisker</td>
<td>-32.69%</td>
</tr>
<tr>
<td>Workhorse Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>)</td>
<td>+12.50%</td>
</tr>
<tr>
<td>Hyzon Motors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>)</td>
<td>-12.50%</td>
</tr>
<tr>
<td>Canoo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>)</td>
<td>-7.58%</td>
</tr>
<tr>
<td>Rivian </td>
<td>-0.79%</td>
</tr>
<tr>
<td>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</td>
<td>-4.49%</td>
</tr>
<tr>
<td>Faraday Future Intelligent Electric, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>)</td>
<td>+12.71%</td>
</tr>
<tr>
<td>Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>)</td>
<td>-18.33%</td>
</tr>
<tr>
<td>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>)</td>
<td>+4.15%</td>
</tr>
</tbody>
</table>
</figure>
Photo: Shutterstock

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Tesla's Ongoing Austerity Measures, Rivian-Apple Partnership Buzz, Biden Administration's Clampdown: Biggest EV Stories Of The Week

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The major stock indexes finished <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/05/38770095/stocks-surge-on-healthy-earnings-season-rising-jobless-claims-this-week-in-the-marke">the week in the green</a>. The Dow climbed 2.16%, its best showing since December and its fourth consecutive week of gains. The S&amp;P 500 and the Nasdaq Composite also continued their positive runs, increasing by 1.85% and 1.14%, respectively, marking three weeks of successive gains.
In other news, the preliminary May consumer sentiment index from the University of Michigan scored 67.4, significantly under the expected 76 and the lowest it has been in roughly six months.
Looking ahead, attention is shifting to the April Consumer Price Index inflation report due on Wednesday and Federal Reserve Chair Jerome Powell's upcoming speech in Amsterdam on Tuesday.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38668003/wedbushs-dan-ives-smells-golden-buying-opportunity-in-palantirs-pullback-after-q1-e">&#8220;Wedbush&#8217;s Dan Ives Smells &#8216;Golden Buying Opportunity&#8217; In Palantir&#8217;s Pullback After Q1 Earnings As He Lauds &#8216;Jalen-Brunson-Like&#8217; Performance &#8211; Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)&#8221;</a> by <a href="https://www.benzinga.com/author/shanthi-rexaline">Shanthi Rexaline</a>, discusses how Daniel Ives of Wedbush sees a significant buying opportunity in Palantir Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) after a stock dip, despite strong Q1 revenue performance and promising growth in its AI platform.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38671699/trader-who-made-giga-wealth-on-memes-reveals-mememillions-playbook-still-holds-most-of-his">&#8220;Trader Who Made &#8216;Giga Wealth&#8217; On Memes Reveals &#8216;Mememillions Playbook,&#8217; Still Holds Most Of His DOGE&#8221;</a> by <a href="https://www.benzinga.com/author/khyathi-dalal">Khyathi Dalal</a>, details how pseudonymous investor Apatheticwhale earned millions from meme coins like Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), stressing a strategy of patience and diversified holdings.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38675021/disney-direct-to-consumer-segment-profits-in-q2-operating-income-modestly-ahead-of-">&#8220;Disney DTC Unit Profits, Operating Income Exceeds Expectations &#8211; Walt Disney (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>)&#8221;</a> by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, details how The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) reported a profitable direct-to-consumer segment in Q2, surpassing expectations though facing mixed guidance for upcoming quarters.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/24/05/38663810/lucid-ceo-throws-down-the-gauntlet-with-48k-ev-plan-to-take-on-teslas-dominance-wait-until-our-midsi">Lucid CEO Throws Down The Gauntlet With $48K EV Plan To Take On Tesla&#8217;s Dominance: &#8216;Wait Until Our Midsize Comes Out In Late 2026&#8217;</a>
<a href="https://www.benzinga.com/markets/asia/24/05/38706682/chinese-stocks-surge-as-investors-bet-on-economic-turnaround-7-etfs-to-watch">Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch</a>
<a href="https://www.benzinga.com/news/24/05/38673436/apple-launches-ipad-pro-with-m4-chip-oled-display-at-999-ipad-air-6-now-comes-in-two-sizes-for-the-f">Apple Launches iPad Pro With M4 Chip, OLED Display At $999: iPad Air Now Comes In Two Sizes For The First Time</a>
The Bears
<a href="https://www.benzinga.com/news/24/05/38729359/hertz-customer-fumes-after-car-rental-company-charges-him-277-for-refueling-tesla-and-refuses-to-rei">&#8220;Hertz Customer Fumes After Being Billed $277 For &#8216;Refueling&#8217; Tesla, Car-Rental Company Says It Will Refund &#8216;Erroneous&#8217; Charge&#8221;</a> by <a href="https://www.benzinga.com/author/anan-ashraf">Anan Ashraf</a>, highlights how Hertz Global Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NYSE">HTZ</a>) wrongfully charged a customer $277.39 for &#8220;refueling&#8221; an electric Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model 3, which was returned with the same battery level.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38647910/starbucks-analyst-gives-likeliest-reason-for-steep-sales-collapse-rarely-seen-outsi">&#8220;Starbucks Analyst Gives ‘Likeliest' Reason For Sales Collapse&#8221;</a> by <a href="https://www.benzinga.com/author/priya-nigam">Priya Nigam</a>, explains why Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) faces a rare sales slump, speculated by a BofA analyst to be influenced more by a backlash over Starbucks' Middle Eastern policies rather than typical consumer fatigue.
<a href="https://www.benzinga.com/top-stories/24/05/38679782/george-soros-ex-employee-just-sold-a-large-nvidia-stake-druckenmiller-says-it-was-a-hell-of-a-run">&#8220;George Soros&#8217; Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A &#8216;Hell Of A Run&#8217; &#8211; NVIDIA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&#8221;</a> by <a href="https://www.benzinga.com/author/adam-eckert">Adam Eckert</a>, reports that Stanley Druckenmiller, a former Soros fund manager, decided to sell a large part of his Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) stake after a rapid price surge, influenced by AI advancements, despite remaining optimistic about AI&#8217;s future impact.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38650333/bitcoin-could-still-have-a-correction-down-cautions-lark-davis-lets-not-get-ahead-of-ourse">Bitcoin &#8216;Could Still Have A Correction Down,&#8217; Cautions Lark Davis: &#8216;Let&#8217;s Not Get Ahead Of Ourselves&#8217;</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38743773/trumps-china-tariff-hikes-could-smother-us-economic-growth-fitch-ratings-sounds-ala">Trump&#8217;s China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm</a>
<a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38672190/crypto-an-outsized-piece-of-the-scams-and-problems-in-markets-gary-gensler">Crypto &#8216;An Outsized Piece Of The Scams And Problems&#8217; In Markets: Gary Gensler</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image generated using artificial intelligence via Midjourney.

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Benzinga Bulls And Bears: Nvidia, Starbucks, Palantir And Crypto Investor's Playbook For Making 'MemeMillions' From Shiba Inu, Dogecoin

In 2018, TikTok user&nbsp;Kayleigh Donahue packed her bags in Rhode Island and jetted off to Dublin, Ireland, for what she thought would be a year-long adventure. Fast forward, and that year stretched into four rich, eye-opening years. Though she&#8217;s now moved back to the US, she still misses many things about European life. 
Let&#8217;s dive into five areas where Donahue believes Europe outshines the U.S.
<h3 class="wp-block-heading">Traveling Is Easier and Cheaper</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102458/europe-better-than-america-1-1024x576.jpeg" alt="Europeans' frequent country-hopping is enviable and, as discovered, highly affordable due to budget airlines. Image: Dall-E 3" class="wp-image-332698" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102458/europe-better-than-america-1-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102458/europe-better-than-america-1-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102458/europe-better-than-america-1-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102458/europe-better-than-america-1.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Europeans&#8217; frequent country-hopping is enviable and, as discovered, highly affordable due to budget airlines. Image: Dall-E 3</figcaption></figure>
In Europe, zipping across to multiple countries without emptying your wallet is the norm, thanks to an array of budget airlines like Ryanair and EasyJet. Living in Ireland, Donahue managed to explore over 10 countries, from Italy to Greece, often snagging flight deals for as little as 20 euros. The convenience and affordability of travel in Europe allowed her to immerse herself in diverse cultures and landscapes, something that would have been much pricier back home.
<h3 class="wp-block-heading">Generous Paid Time Off</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102726/europe-better-than-america-2-1024x576.jpeg" alt="European labor laws ensure substantial paid vacation, a stark contrast to the US. Image: Dall-E 3" class="wp-image-332712" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102726/europe-better-than-america-2-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102726/europe-better-than-america-2-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102726/europe-better-than-america-2-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102726/europe-better-than-america-2.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">European labor laws ensure substantial paid vacation, a stark contrast to the US. Image: Dall-E 3</figcaption></figure>
Europe takes work-life balance seriously. In her stint there, she enjoyed 29 paid vacation days, plus public holidays, adding up to roughly 40 days off per year. That&#8217;s a stark contrast to the US, where many don&#8217;t even get paid time off. European companies don&#8217;t just offer vacation; they encourage you to take it to recharge fully.
<h3 class="wp-block-heading">Multilingual Culture</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102817/europe-better-than-america-3-1024x576.jpeg" alt="Unlike the US, where bilingualism isn't emphasized, Europe fosters multilingual education from a young age. Image: Dall-E 3" class="wp-image-332715" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102817/europe-better-than-america-3-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102817/europe-better-than-america-3-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102817/europe-better-than-america-3-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102817/europe-better-than-america-3.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Unlike the US, where bilingualism isn&#8217;t emphasized, Europe fosters multilingual education from a young age. Image: Dall-E 3</figcaption></figure>
Unlike the US, where bilingualism isn&#8217;t as emphasized, Europe thrives on multilingualism. From Dutch to Portuguese, the people she met in Dublin could easily switch between languages, something that both impressed and inspired Donahue.
<h3 class="wp-block-heading">Quality And Prices Of Food</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102853/europe-better-than-america-4-1024x576.jpeg" alt="The availability and affordability of fresh, high-quality food were starkly different in Europe. Image: Dall-E 3" class="wp-image-332720" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102853/europe-better-than-america-4-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102853/europe-better-than-america-4-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102853/europe-better-than-america-4-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10102853/europe-better-than-america-4.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The availability and affordability of fresh, high-quality food were starkly different in Europe. Image: Dall-E 3</figcaption></figure>
The quality and affordability of fresh produce in Europe were a revelation. Markets brimming with fresh fruits, vegetables, and artisanal products like bread and cheese were regular sights. In Ireland, Donahue spent about $50 weekly on groceries, a figure that has at least tripled since returning to Boston.
<h3 class="wp-block-heading">Affordable College Tuition</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103004/europe-better-than-america-5-1024x576.jpeg" alt="Pursuing higher education in Europe also proved more economical. Image: Dall-E 3" class="wp-image-332737" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103004/europe-better-than-america-5-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103004/europe-better-than-america-5-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103004/europe-better-than-america-5-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103004/europe-better-than-america-5.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Pursuing higher education in Europe also proved more economical. Image: Dall-E 3</figcaption></figure>
Tuition fees in Europe can be a fraction of those in the US. Donahue earned her master&#8217;s degree from Trinity College Dublin for about $20,000 per year — half of what she would have paid stateside. This affordability makes higher education more accessible and less financially daunting in Europe.
Image Created Using Dall-E 3

Education

Global

General

From Affordable Tuition To Paid Time Off: 5 Ways Europe Outshines US, According To American Expat In Ireland

Mother's Day is right around the corner and if you are away from home, a mere phone call may not be enough to express your love and gratitude to your mother. If you are away from your home for work or education or live in a different city or country, you can still use these ideas below to make this day special for your mother.
<h3 class="wp-block-heading">Create A Video Collage</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1-1024x585.jpg" alt="" class="wp-image-333573" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035139/Mothers-Day-1.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representative image of a collage &#x7C; Image generated using Dall-E</figcaption></figure>
One of the most thoughtful ways to surprise your mother is to create a video collage of some of your best memories with your mother, using old family photos and videos. You can also include the other ladies in her life, such as her mother and sisters to make it more special.
<h3 class="wp-block-heading">Order Her Favorite Food</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2-1024x585.jpg" alt="" class="wp-image-333574" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035210/Mothers-Day-2.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representative image of food &#x7C; Image generated using Dall-E</figcaption></figure>
One of the simplest and most thoughtful ways of making your mother feel special on the day is by ordering her favorite food and getting it delivered through any food delivery application.
<h3 class="wp-block-heading">Write Her A Letter</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3-1024x585.jpg" alt="" class="wp-image-333575" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035227/Mothers-Day-3.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Handwritten letters add a personal touch &#x7C; Image generated using Dall-E</figcaption></figure>
If you want to do something thoughtful, you can send a handwritten letter to your mother, writing everything you want to say to her. This can include some of the fond memories that you share with your mother and some special moments.
<h3 class="wp-block-heading">Send Her A Gift</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4-1024x585.jpg" alt="" class="wp-image-333576" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035253/Mothers-Day-4.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Everyone loves gifts &#x7C; Image generated using Dall-E</figcaption></figure>
Another way to make your mother feel special is by sending her a gift, be it something that she wants or something simple like flowers and chocolates. You need to pick something that she likes and put some thought into it.
<h3 class="wp-block-heading">Invite Her For A Vacation</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5-1024x585.jpg" alt="" class="wp-image-333577" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/11035310/Mothers-Day-5.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Vacations are always welcome &#x7C; Image generated using Dall-E</figcaption></figure>
Another thoughtful thing you can do is invite her for a vacation to where you live for a few days. You can surprise her with flight tickets to your city and spend some time with her.
Image Via Pexels

Mother's Day 2024: Heartfelt Ways To Make Mom's Day Special, No Matter The Distance

Former President Donald Trump criticized the gag order imposed on his ex-lawyer Michael Cohen by Judge Juan Merchan in the ongoing <a href="https://www.benzinga.com/news/24/05/38751527/stormy-daniels-says-nobody-would-ever-want-to-publicly-say-they-had-sex-with-trump-as-ex-presidents">hush money trial</a>, branding it a &#8220;joke&#8221; and a &#8220;disgrace.&#8221;
What Happened: Trump expressed his disapproval of the gag order during his hush money trial on Friday, <a href="https://thehill.com/regulation/court-battles/4656568-trump-disgrace-judge-merchan-michael-cohen">reported</a> The Hill. The order restricts Cohen from discussing the case publicly as his testimony nears.
Trump&#8217;s legal team has repeatedly criticized Cohen&#8217;s public criticisms, arguing that the ex-president&#8217;s ability to respond is limited under the terms of the gag order.
Trump&#8217;s attorney, Todd Blanche, requested that Cohen be prohibited from speaking publicly in the same way that Trump is restricted. Judge Merchan directed prosecutors to inform Cohen to refrain from making any further statements about the case.
Cohen is expected to testify on Monday and has been identified as a key witness for the district attorney&#8217;s office. He made a $130,000 hush money payment to adult film actress Stormy Daniels, who alleged she had an affair with Trump in 2006, a claim he denies.
See Also: <a href="https://www.benzinga.com/news/24/05/38719664/trump-disapproves-marjorie-taylor-greenes-bid-to-oust-house-speaker-mike-johnson-shes-got-fight-but?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Disapproves Marjorie Taylor Greene&#8217;s Bid To Oust House Speaker Mike Johnson: &#8216;She&#8217;s Got Fight&#8230;But This Is Not The Time'</a>
Trump&#8217;s gag order prevents him from attacking witnesses, jurors, prosecutors, court staff, and the judge&#8217;s family. However, it does not prevent him from criticizing the judge or Manhattan District Attorney Alvin Bragg.
Why It Matters: The <a href="https://www.benzinga.com/general/politics/24/05/38687167/stormy-daniels-wants-trump-to-be-held-accountable-go-to-jail-former-presidents-lawyers-call-for-">criminal trial</a> against Trump alleges that he falsified business records for a hush money payment made to Daniels. The trial has seen several key witnesses, including Daniels herself, take the stand.
Daniels testified that she never asked for the money, which Trump <a href="https://www.benzinga.com/general/politics/24/05/38749159/stormy-daniels-says-she-never-asked-for-money-in-trump-hush-money-case-former-president-declares">allegedly paid</a> to keep their affair a secret. Trump has consistently criticized the trial, calling it &#8220;fake&#8221; and asserting his innocence.
Earlier this week, Judge Merchan found Trump in violation of the gag order for the 10th time and ordered him to pay a $1,000 fine for attacking jurors. Trump stated he would be <a href="https://www.benzinga.com/general/politics/24/05/38771094/trump-lashes-out-at-fake-hush-money-criminal-trial-ahead-of-michael-cohens-monday-testimony-id-b">&#8220;very proud&#8221; to go to jail</a> for violating the gag order.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38753994/cardano-founder-charles-hoskinson-says-voting-for-biden-is-a-vote-against-american-crypto-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cardano Founder Charles Hoskinson Says Voting For Biden Is A &#8216;Vote Against American Crypto Industry&#8217;</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

Trump Slams Judge's Gag Order On His Former Lawyer As 'A Disgrace:' 'What He Just Did Now Is A Joke'

Wedbush analyst&nbsp;Dan Ives&nbsp;is of the opinion that China would retaliate if the U.S. were to increase tariffs on electric vehicle imports from China. 
What Happened: &#8220;Retaliatory definitely could happen. This Game of Thrones continues to play out,&#8221; Ives said in an<a href="https://www.youtube.com/watch?v=O3F328rYMaM"> interview</a> with Bloomberg. As per an exclusive report from The Wall Street Journal, the Biden administration is planning to raise the tariffs on China&#8217;s EVs from 25% to around 100%, with an additional 2.5% duty on all imported cars into the U.S.
Low-cost EVs from China entering the U.S. market would pose a significant challenge to EV giant Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) as well as other traditional U.S. automakers who have made substantial investments in EVs, Ives said. However, retaliatory action is a concern, he added.
Why It Matters: The Biden administration&#8217;s decision to impose new tariffs on China&#8217;s EVs is part of a broader strategy to target strategic sectors. The new tariffs, which are expected to be announced as soon as next week, will<a href="https://www.benzinga.com/news/24/05/38758049/biden-plans-new-tariffs-on-china-targets-electric-vehicles-and-other-strategic-sectors-report"> reportedly also cover batteries and solar cells</a>. This move is likely to have significant implications for the global EV market and could potentially escalate trade tensions between the U.S. and China.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:&nbsp;<a href="https://www.benzinga.com/news/24/05/38722034/teslas-head-of-product-launches-departs-after-feeling-ev-giant-took-pound-of-flesh-amid-mass-firings" target="_blank" rel="noreferrer noopener">Tesla's Head Of Product Launches Departs After Feeling EV Giant Took ‘Pound Of Flesh' Amid Mass Firings: ‘It's Hard To See The Long Game'</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo by Khanthachai C on Shutterstock

Analyst Color

China Likely To Retaliate Against US Tariffs On Electric Vehicles, Says Top Analyst Dan Ives: 'Game Of Thrones Continues To Play Out'

The ongoing solar storm hitting Earth and expected to disrupt communication over the weekend have not spared <a href="https://www.benzinga.com/news/24/04/38475303/elon-musk-says-spacex-to-solve-in-space-refueling-for-starship-by-next-year-necessary-to-make-life-m">SpaceX satellites</a>.
What Happened: &#8220;SpaceX satellites are feeling this solar storm,&#8221; company CEO Elon Musk wrote on X. &#8220;It&#8217;s big.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">SpaceX satellites are feeling this solar storm. It's big.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1789119054319657295?ref_src=twsrc%5Etfw">May 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
SpaceX has nearly 6000 <a href="https://www.benzinga.com/news/24/04/38490438/challenge-accepted-spacex-ceo-elon-musk-agrees-to-make-falcon-boosters-support-42-missions-after-ret">Starlink satellites in orbit</a>, according to Astronomer Jonathan McDowell who tracks them. While the satellites are under a lot of pressure, they are holding up so far, Musk said, while adding that the storm is the &#8220;biggest in a long time.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Major geomagnetic solar storm happening right now. Biggest in a long time. Starlink satellites are under a lot of pressure, but holding up so far. <a href="https://t.co/TrEv5Acli2">pic.twitter.com/TrEv5Acli2</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1789173902289338518?ref_src=twsrc%5Etfw">May 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The sun has produced moderate to strong solar flares since Wednesday. Solar material eruptions that accompany these flares, called coronal mass ejections (CMEs), cause geomagnetic storms when they reach Earth&#8217;s surface. The National Oceanic and Atmospheric Administration (NOAA) issued a warning of a geomagnetic storm for Friday evening and said that storm conditions may last through the weekend. 
The solar storm hitting Earth could produce displays of aurora in the U.S. as far south as Northern California and also pose the risk of disrupting power and communications due to their impact on infrastructure in near-Earth orbit and Earth&#8217;s surface, the NOAA said, while adding that it has already warned these system operators to take protective actions.
&#8220;This is an unusual and potentially historic event,&#8221; NOAA&#8217;s Space Weather Prediction Center Director Clinton Wallace said about the storm. &nbsp;
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38774504/tesla-analyst-sees-annual-shareholder-meeting-as-key-to-determining-elon-musk-led-c">Tesla Analyst Sees Annual Shareholder Meeting As Key To Determining Elon Musk-Led Company&#8217;s Future Strategy</a>
Photo by Evgeniyqw on Shutterstock<a href="https://twitter.com/elonmusk"></a>

SPACE

Elon Musk Says SpaceX Satellites Impacted By Ongoing Solar Storm: '…But Holding Up So Far'

OpenAI COO Brad Lightcap on Thursday said that it is still premature to assess the complete economic impact of artificial intelligence.
What Happened: Speaking at Bloomberg&#8217;s Tech <a href="https://www.bloomberg.com/news/newsletters/2024-05-10/openai-coo-says-it-s-too-soon-to-see-ai-s-full-impact-on-economy?srnd=technology-vp">Summit</a>, Lightcap said that the rise of generative AI has not yet significantly transformed the economy. However, he and other AI leaders anticipate more substantial changes in the future.
Despite the initial excitement surrounding AI&#8217;s potential to revolutionize&nbsp;productivity and create new jobs, the actual impact has been&nbsp;more subtle. While there have&nbsp;been some AI-driven layoffs, entire professions have not been replaced or created. It remains unclear how much additional work AI has facilitated.
Earlier this year, Jerome Powell, the chair of the Federal Reserve, stated that while generative AI can enhance productivity growth, it is unlikely to do so in the immediate future.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38689467/elon-musk-isnt-sure-apples-showed-its-entire-30b-r-d-prowess-with-new-ipads-maybe-they-have-some-sec?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Isn&#8217;t Sure If Apple Showed Its Entire $30B R&amp;D Prowess With New iPads: &#8216;Maybe They Have Some Secret Products…&#8217;</a>
Lightcap suggested that it is still too early to determine whether the potential of AI has been overhyped. He humorously remarked that reshaping the economy within a year would be a tall order. &#8220;We have a year to reshape the economy? That's a tall order!&#8221;
If OpenAI were to cease all future AI development, which is not the case, Nightcap suggested that it would still require considerable time for the complete ramifications of its existing models to materialize. However, he is &#8220;fairly confident at this point that there would be this 10- to 20-year diffusion period through the economy of just GPT-4 level technology.&#8221;
Other AI leaders at the event echoed Lightcap&#8217;s sentiments, emphasizing the technology&#8217;s long-term disruptive potential despite its relatively muted early effects.
&#8220;We are probably going to overestimate this technology in the short-term,&#8221; said Clement Delangue, chief executive officer of Hugging Face. &#8220;Maybe we're going to be disappointed in a year, or two years, but we've also probably underestimated the long-term impact of AI in 10 years. The world is going to be very different.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.&nbsp;
Why It Matters: OpenAI and other AI companies are actively preparing for this future. OpenAI, for instance,&nbsp;has been expanding its enterprise&nbsp;business,&nbsp;selling a customized version of&nbsp;ChatGPT to numerous corporate clients. Moreover, on Friday, it was also reported that&nbsp;Apple Inc. is on the verge of&nbsp;<a href="https://www.benzinga.com/news/24/05/38774065/apple-chooses-sam-altman-led-openai-to-integrate-chatgpt-into-iphone-deal-almost-done-report">integrating ChatGPT into its iPhones</a>. 
Meanwhile, OpenAI&#8217;s CEO,&nbsp;Sam Altman, has&nbsp;<a href="https://www.benzinga.com/news/24/05/38774244/openais-sam-altman-shoots-down-search-engine-and-gpt-5-rumors-teases-may-13-event-some-new-stuff-peo">denied rumors of developing</a> a search engine or launching GPT-5, instead teasing &#8220;some new stuff&#8221; the company is working on. Previously, it was reported that OpenAI is set to announce its <a href="https://www.benzinga.com/news/24/05/38751052/googles-new-rival-may-finally-be-here-sam-altmans-openai-could-launch-it-just-ahead-of-search-giants">AI-powered search product</a>, potentially intensifying its rivalry with&nbsp;Alphabet Inc.&#8216;s&nbsp;Google. 
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/government/24/05/38698335/joe-biden-set-to-unveil-microsofts-3b-ai-data-center-plan-on-same-wisconsin-land-where-trump-tried-t?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Joe Biden Set To Unveil Microsoft&#8217;s $3B AI Data Center Plan On Same Wisconsin Land Where Trump Tried To Execute His Mega Foxconn Fantasy</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo via Shutterstock

OpenAI Top Exec Says It's Too Early To Gauge AI's Full Economic Impact: 'We've A Year To Reshape The Economy? That's A Tall Order'

Whitney Wolfe Herd, the founder of Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>), has suggested that artificial intelligence (AI) could revolutionize the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38733540/bumble-could-close-value-gap-to-tinders-parent-company-expert-predicts-45-upside-on">online dating industry</a>.
What Happened: Herd discussed the potential of AI in modern dating at the <a href="https://www.bloomberg.com/news/videos/2024-05-09/how-bumble-will-use-ai-to-create-healthier-relationships">Bloomberg</a> Technology Summit.
She proposed the idea of an &#8220;AI dating concierge&#8221; that could help users navigate their insecurities and even go on dates on their behalf. Herd believes that AI could alleviate the pressure on human users and foster healthy relationships.
She also suggested that AI could teach users how to flirt, potentially addressing the issue of the average U.S. single not dating due to a lack of confidence or fear.
See Also: <a href="https://www.benzinga.com/news/24/05/38774244/openais-sam-altman-shoots-down-search-engine-and-gpt-5-rumors-teases-may-13-event-some-new-stuff-peo">OpenAI's Sam Altman Shoots Down Search Engine And GPT-5 Rumors, Teases May 13 Event: &#8216;Some New Stuff…People Will Love&#8217;</a>
&#8220;If you want to get really out there, there is a world where your dating concierge could go and date for you with [an]other dating concierge,&#8221; she said. "No. No. Truly," she reiterated her stance when the audience gasped and chuckled.
Why It Matters: These comments come after <a href="https://www.benzinga.com/news/23/11/35641406/heres-why-bumbles-founder-and-ceo-whitney-wolfe-herd-is-stepping-down-after-nearly-10-years">Herd&#8217;s resignation</a> as Bumble&#8217;s CEO in January 2024 after a decade-long tenure at the top, with Lidiane Jones taking over.
Under Jones&#8217; leadership, Bumble has made significant changes, such as removing the requirement for women to send the first message, a feature that was previously a signature of the app.
Besides, Herd&#8217;s vision for AI in online dating is not entirely new. In a previous interview, she spoke about the <a href="https://www.benzinga.com/news/23/08/34147942/combating-loneliness-with-artificial-intelligence-bumbles-new-approach-to-relationship-building">potential of AI</a> to transform relationships, acknowledging the concerns around AI&#8217;s impact on human companionship.
Price Action: Bumble's shares closed at $11.45 on Friday, unchanged from the previous close, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38696261/prominent-apple-bull-reveals-surprise-takeaway-from-apples-ipad-launch-tim-cooks-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Prominent Apple Bull Reveals Surprise Takeaway From Apple&#8217;s iPad Launch: Tim Cook&#8217;s AI Ambitions</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Social Media

BMBL

Tired Of Swiping Left And Right? Bumble Founder Says AI Could Do It For You: 'No. No. Truly'

Morgan Stanley&nbsp;analyst&nbsp;Adam Jonas sees Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) upcoming shareholder vote driving material volatility in the stock and determining the company&#8217;s long-term strategic direction as company CEO Elon Musk&#8216;s pay package hangs in limbo. 
Analyst Recommendation: For the upcoming shareholder meeting scheduled for June, Tesla shareholders will vote again on Musk&#8217;s 2018 pay package which was rescinded by a Delaware court earlier this year after deeming it an &#8220;unfathomable sum.&#8221; The package was worth $56 billion at the time of award. 
The outcome of the vote on the package will be key to determining if the CEO gets a 25% voting block within the company, Jonas said in a note on Friday. Musk has previously expressed discomfort with advancing Tesla in the field of AI without having 25% voting. While the approval of the pay package by itself does not assure the CEO of his desired voting block, it would make it &#8220;increasingly difficult&#8221; for Musk to achieve <a href="https://www.benzinga.com/news/24/01/36652560/elon-musk-wants-to-own-25-of-tesla-heres-how-much-of-the-ev-stock-the-ceo-owns">25% ownership </a>if the package is rejected, the analyst noted.
Tesla&#8217;s AI potential will remain limited and its share price dominated by larger EV market developments until Musk&#8217;s voting control issue is resolved, Jonas said. &#8220;This is extremely problematic for Tesla investors for a number of reasons, including the inability to quantify the impact,&#8221; he said. 
The attention being paid to the performance of the stock since the start of the year, however, is &#8216;surprisingly little,&#8217; the analyst noted. 
Why It Matters: Tesla&#8217;s annual meeting will be held on June 13, 2024, at 3:30 p.m. Central Time (CT).&nbsp;Shareholders will vote both on moving Tesla&#8217;s state of incorporation from Delaware to Texas and <a href="https://www.benzinga.com/news/24/04/38288360/breaking-tesla-shareholders-to-vote-again-on-ceo-elon-musks-voided-47b-pay-package">Musk&#8217;s rescinded pay package</a>. 
Price Action:&nbsp;Tesla shares closed down 2% on Friday at $168.47. The stock is down 32.2% year-to-date, as per data from&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More: <a href="https://www.benzinga.com/markets/equities/24/05/38774344/chinese-tesla-rival-zeekr-soars-35-on-nyse-debut-valuation-hits-6-8b">Chinese Tesla Rival Zeekr Soars 35% On NYSE Debut, Valuation Hits $6.8B</a>
Photo via Shutterstock

Tesla Analyst Sees Annual Shareholder Meeting As Key To Determining Elon Musk-Led Company's Future Strategy

New York-listed shares of ZEEKR Intelligent Technology Holding Limited&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) closed nearly 35% higher than <a href="https://www.benzinga.com/markets/equities/24/05/38756035/chinas-zeekr-prices-us-ipo-at-top-end-of-estimated-range-whats-on-the-cards">its initial public offering price</a> on its first day of trading on Friday. 
What Happened: ZEEKR, the global electric mobility technology brand of Chinese automaker&nbsp;Geely Automobile&nbsp;Holding&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYY#OTC">GELYY</a>), had priced its U.S. initial public offering (IPO) of&nbsp;21 million American Depositary Shares (ADS) at&nbsp;$21&nbsp;per share. 
The shares of Tesla Inc&#8217;s Chinese rival closed at $28.26 on Friday after opening at $26, giving the company a fully diluted valuation of $6.8 billion.
"There are huge demands and opportunities in the global new energy vehicle market. Zeekr is positioned as a premium electric mobility brand and is an important pillar supporting Geely's electric transformation. I believe that Zeekr will be able to seize this historic opportunity and become a sustainable business that unlocks long-term value for users, investors and society,&#8221; Geely Holding Chief Executive Daniel Li said. Geely also owns Volvo Cars and Lotus Cars.
Why It Matters: Zeekr started delivering its vehicles in October 2021, and the brand has delivered over 240,000 vehicles to date. The company has announced plans to sell vehicles in European, Middle Eastern, and other Asian markets. 
Zeekr disclosed a surge in total revenue to 51.67 billion yuan&nbsp;($7.15 billion)&nbsp;in 2023, but its net loss widened to 8.26 billion yuan.&nbsp;
Zeekr&#8217;s debut on the New York Stock Exchange comes as other U.S. EV makers have been<a href="https://www.benzinga.com/news/24/05/38699990/tesla-stock-is-sliding-wednesday-whats-going-on"> facing a stock slump</a>. Tesla stock has slumped 32.2% year-to-date while Rivian stock has slumped nearly 52.7%. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:&nbsp;<a href="https://www.benzinga.com/news/24/05/38729359/hertz-customer-fumes-after-car-rental-company-charges-him-277-for-refueling-tesla-and-refuses-to-rei" target="_blank" rel="noreferrer noopener">Hertz Customer Fumes After Being Billed $277 For ‘Refueling&#8217; Tesla, Car-Rental Company Says It Will Refund ‘Erroneous&#8217; Charge</a>
Image Credits &#8211; Shutterstock

GELYY

Chinese Tesla Rival Zeekr Soars 35% On NYSE Debut, Valuation Hits $6.8B

Elon Musk hit back at the Australian Prime Minister Anthony Albanese after he talked about the need for a "social license" as <a href="https://www.benzinga.com/government/24/05/38751844/australia-calls-for-inquiry-into-metas-facebook-elon-musks-x-tiktok-to-make-these-platforms-accounta">his government intensified scrutiny</a> of social media platforms.
What Happened: Musk, the single largest shareholder of X, formerly Twitter, slammed the Australian government, implying that a "social license" would amount to "suppressing" the rights of Australians.
His response was in reaction to the Australian government&#8217;s criticism of social media platforms for not promptly removing violent posts. The government is seeking more oversight over content posted on Meta&#8217;s Facebook, TikTok, and Musk&#8217;s X.
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"With social media comes the need for a social license and a social responsibility," Albanese said in a press conference.
Reacting to it, Musk posted, "I doubt that the people of Australia agree with suppressing their rights."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I doubt that the people of Australia agree with suppressing their rights <a href="https://t.co/FXh0crGGYH">https://t.co/FXh0crGGYH</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1789039218607747137?ref_src=twsrc%5Etfw">May 10, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/05/38759440/elon-musk-gets-another-vote-of-confidence-from-twitter-co-founder-jack-dorsey-elon-made-the-right-ch">Elon Musk Gets Another Vote Of Confidence From Twitter Co-Founder Jack Dorsey: &#8216;Elon Made…The Right Choice&#8217;</a>
Why It Matters: The Australian government has <a href="https://www.benzinga.com/news/24/04/38368734/elon-musk-hits-back-at-australias-leader-amid-row-over-removal-of-violent-video-from-x-does-the-pm-t">been at odds with Musk&#8217;s X</a> over a regulatory order to remove videos of a stabbing attack on an Assyrian church bishop in Sydney last month.
Earlier, the Australian government had announced a parliamentary inquiry into the operations of major social media platforms, including Meta Platforms Inc.'s Facebook, TikTok, and X, to address the influence of these platforms.
Albanese&#8216;s Labor government is already in a legal battle with Musk&#8217;s X over the regulatory order.
Musk, who has been vocal about free speech, has also been <a href="https://www.benzinga.com/news/24/04/38460718/elon-musk-weighs-in-after-x-user-says-banning-tiktok-sets-a-precedent-that-government-can-ban-any-ap">critical of the Biden administration's</a> TikTok ban bill, fearing that it sets a "precedent" for banning any other app the government does not like.
Check out more of&nbsp;Benzinga&#8217;s&nbsp;Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38727604/chuck-schumer-offers-to-provide-ai-regulation-framework-for-healthcare-labor-rights-and-doomsday-sce" target="_blank" rel="noreferrer noopener">Chuck Schumer Offers To Provide AI Regulation Framework For Healthcare, Labor Rights, And ‘Doomsday Scenarios' As US Looks To Catch Up With EU</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Elon Musk Slams Australian Government For Saying 'Social License' Is Required Amid Tussle With X: 'Doubt...People Of Australia Agree With Suppressing Their Rights'

Sam Altman, the CEO of OpenAI, shot down rumors that the AI startup is <a href="https://www.benzinga.com/news/24/05/38751052/googles-new-rival-may-finally-be-here-sam-altmans-openai-could-launch-it-just-ahead-of-search-giants">developing a search engine</a> or launching GPT-5. Instead, he confirmed that a May 13 event is scheduled to talk about "some new stuff" the company is working on.
What Happened: Altman took to X, formerly Twitter, on Friday to downplay rumors of OpenAI launching a search engine to take on Alphabet Inc.'s Google.
"Not GPT-5, not a search engine, but we've been hard at work on some new stuff we think people will love! Feels like magic to me.&#8221;
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He did not provide any further details about the new projects.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">not gpt-5, not a search engine, but we've been hard at work on some new stuff we think people will love! feels like magic to me. monday 10am PT. <a href="https://t.co/nqftf6lRL1">https://t.co/nqftf6lRL1</a>
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1788989777452408943?ref_src=twsrc%5Etfw">May 10, 2024</a></blockquote>
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Curiously, Microsoft Corp.-backed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) OpenAI's post points out that this "new stuff" includes demos of "some ChatGPT and GPT-4 updates" instead of something bigger.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38696261/prominent-apple-bull-reveals-surprise-takeaway-from-apples-ipad-launch-tim-cooks-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Prominent Apple Bull Reveals Surprise Takeaway From Apple&#8217;s iPad Launch</a>
Why It Matters: Altman&#8217;s post comes at a time when <a href="https://www.benzinga.com/news/24/05/38751052/googles-new-rival-may-finally-be-here-sam-altmans-openai-could-launch-it-just-ahead-of-search-giants">OpenAI was reportedly set to announce its AI-powered search product</a>, potentially intensifying its rivalry with Google.
Altman&#8217;s post also follows OpenAI&#8217;s recent announcement of <a href="https://www.benzinga.com/news/24/05/38733370/openai-is-working-on-new-ai-image-detection-tools-in-busy-election-year-worldwide-to-tell-if-photos">new AI tools for image detection</a> and content authentication.
Moreover, this post comes after Altman&#8217;s recent <a href="https://www.benzinga.com/news/24/05/38611412/sam-altman-teases-gpt-5-openais-gpt-4-the-dumbest-model-people-will-have-to-ever-use-again-says-ceo">teasing of GPT-5</a> and calling GPT-4 the "dumbest model" people will ever have to use again. He also pointed out his commitment to developing artificial general intelligence (AGI) regardless of how much it costs.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/05/38723527/elon-musk-agrees-meta-cant-be-trusted-after-zuckerberg-led-social-media-giant-hit-with-37m-fine-over?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Agrees &#8216;Meta Can&#8217;t Be Trusted&#8217; After Zuckerberg-Led Social Media Giant Hit With $37M Fine Over Data Sharing Practices</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

OpenAI's Sam Altman Shoots Down Search Engine And GPT-5 Rumors, Teases May 13 Event: 'Some New Stuff…People Will Love'

Protestors against Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) expansion efforts at its gigafactory in Berlin on Friday attempted to <a href="https://www.benzinga.com/markets/equities/24/05/38764576/tesla-german-gigafactory-faces-climate-protestors-friday-why-are-they-not-jailed-musk-asks">storm the company&#8217;s factory</a>, damaged several of the company&#8217;s EVs, and even injured several police officers.
What Happened: According to the protest organizing group Disrupt Tesla, about 800 people took part in the protests on Friday. The protestors are against the expansion of the company&#8217;s facilities, which they deem to be harmful to the environment. The EV giant is aiming to double the plant's capacity for battery production to 100-gigawatt hours and car production to 1 million units annually.
&#8220;Tesla stands for labor accidents, water scarcity, deforestation, environmental pollution and exploitation here and worldwide,&#8221; Disrupt Tesla alleged. 
As per the Police in Brandenburg, 16 people were taken into custody as of 7 p.m. on Friday. The protestors temporarily blocked roads and rail traffic and some even climbed over the fence at Neuhardenberg airfield and damaged 24 Tesla vehicles with paint. Though several tried to enter Tesla&#8217;s factory premises, they were prevented by police personnel, the police department said. 
Police measures and investigations are ongoing, they added.
Tesla CEO Reacts: Tesla CEO Elon Musk on Friday criticized the actions against the company. &#8220;Something super weird is going on, as Tesla was the only car company attacked!,&#8221; Musk said on X while also alleging that there is more to the attacks than what &#8220;meets the eye.&#8221;
&#8220;Any idea who is orchestrating and funding this?,&#8221; Musk asked in another post, hinting at a larger campaign against the company. However, he also claimed that there are a lot of protests around Germany over the week as it is &#8220;National Protest Week&#8221; in the European country.
Tesla had a <a href="https://www.benzinga.com/news/24/05/38691492/teslas-giga-berlin-shuts-down-but-not-for-as-long-as-you-thought-senior-exec-clarifies">one-day planned production shutdown at the factory</a> on Friday in anticipation of the protests. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is fake news. Protesters did not manage to break through the fenceline. There are still 2 intact fence lines all around. Note, this is "National Protest Week" in Germany, so there are a lot of protests for many different reasons.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1788935167374946335?ref_src=twsrc%5Etfw">May 10, 2024</a></blockquote>
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Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More: <a href="https://www.benzinga.com/news/24/05/38729359/hertz-customer-fumes-after-car-rental-company-charges-him-277-for-refueling-tesla-and-refuses-to-rei" target="_blank" rel="noreferrer noopener">Hertz Customer Fumes After Being Billed $277 For ‘Refueling&#8217; Tesla, Car-Rental Company Says It Will Refund ‘Erroneous&#8217; Charge</a>
Image Courtesy: Tesla Inc

Elon Musk Says 'Tesla Was The Only Car Company Attacked' After 16 Protesters Were Taken Into Custody In Berlin: 'There Is More To This Than Meets The Eye'

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reportedly closed in on a deal with ChatGPT-parent OpenAI to incorporate the <a href="https://www.benzinga.com/news/24/04/38474688/goodbye-google-gemini-apple-in-talks-with-microsoft-backed-openai-for-iphone-ai-features-report">startup&#8217;s technology into</a> iPhones, as part of a broader strategy to introduce artificial intelligence features to its devices.
What Happened: Apple is finalizing an agreement with Microsoft Corp.-backed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) OpenAI to use ChatGPT features in iOS 18, the <a href="https://www.benzinga.com/news/24/03/37932418/apple-reportedly-readying-ios-18-with-home-screen-redesign-and-ai-upgrades">upcoming iPhone operating system</a>, <a href="https://www.bloomberg.com/news/articles/2024-05-11/apple-closes-in-on-deal-with-openai-to-put-chatgpt-on-iphone">reported</a> Bloomberg, citing people familiar with the matter.
Apple is <a href="https://www.benzinga.com/news/24/03/37771653/apple-in-talks-with-google-to-license-gemini-ai-models-for-future-iphones-report">also engaged in discussions</a> with Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google to potentially license Gemini.
While no agreement has been reached yet, the negotiations are still ongoing.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38698828/elon-musk-gets-community-noted-on-x-after-claiming-there-are-known-vulnerabilities-in-signal-messagi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Gets Community Noted On X After Claiming There Are &#8216;Known Vulnerabilities&#8217; In Signal Messaging App That He Once Backed</a>
The potential deal with Sam Altman-led company would allow Apple to&nbsp;offer a popular chatbot as&nbsp;part of a series of new AI features, which the company plans to unveil at its annual Worldwide Developers Conference in June.
Last year, Apple CEO Tim Cook admitted to <a href="https://www.benzinga.com/news/23/06/32752316/tim-cook-admits-chatgpt-excites-him-but-says-ai-capable-of-worse-things-than-bias-misinformation">personally using OpenAI&#8217;s ChatGPT</a>. However, he also noted that there were &#8220;a number of issues that need to be sorted.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Cook has been vocal about the company&#8217;s AI efforts, expressing confidence in its AI prospects despite concerns from investors. He also revealed that Apple has invested $100 billion in research and development over the past five years, as part of its plan to unveil new <a href="https://www.benzinga.com/markets/equities/24/05/38610325/tim-cook-very-bullish-on-apples-generative-ai-efforts-despite-lower-capital-expenditure-than-riv">AI features at WWDC next month</a>.
Apple&#8217;s push into the AI space also includes the <a href="https://www.benzinga.com/news/24/05/38660564/apple-reportedly-working-to-join-the-ranks-of-microsoft-amazon-meta-by-developing-its-own-ai-chips-f">development of its own AI chips for data centers</a>, a move that could potentially disrupt the market. The project, codenamed ACDC, is an extension of Apple&#8217;s existing in-house chip efforts for its devices.
Check out more of&nbsp;Benzinga&#8217;s&nbsp;Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38689467/elon-musk-isnt-sure-apples-showed-its-entire-30b-r-d-prowess-with-new-ipads-maybe-they-have-some-sec?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Isn&#8217;t Sure If Apple Showed Its Entire $30B R&amp;D Prowess With New iPads: &#8216;Maybe They Have Some Secret Products…&#8217;</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Apple Inches Closer To Choosing Sam Altman-Led OpenAI To Integrate ChatGPT On iPhones: Report

The&nbsp;youngest son of former President&nbsp;Donald Trump has turned down the <a href="https://www.benzinga.com/news/24/05/38720621/barron-trump-steps-into-political-spotlight-as-floridas-at-large-gop-convention-delegate">opportunity&nbsp;to serve as a delegate</a>&nbsp;for Florida at the upcoming Republican National Convention or RNC.
What Happened: Barron Trump declined the offer citing &#8220;prior commitments,&#8221; as per a statement from the office of former First Lady Melania Trump, reported <a href="https://thehill.com/homenews/campaign/4657094-barron-trump-declines-rnc-delegate/">The Hill</a> on Friday.
&#8220;While Barron is honored to have been chosen as a delegate by the Florida Republican Party, he regretfully declines to participate due to prior commitments,&#8221; read the statement. 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38750997/trumps-son-in-law-back-in-political-arena-jared-kushner-reportedly-making-calls-to-potential-donors?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Son-In-Law Back In Political Arena? Jared Kushner Reportedly Making Calls To Potential Donors To Attend Ex-President&#8217;s New York Fundraiser For 2024 Run</a>
The Florida GOP had earlier announced that Barron Trump would join his siblings, Eric, Tiffany, and Donald Trump Jr., as delegates, with Eric Trump serving as the state&#8217;s delegation chair. The RNC is scheduled to take place in Milwaukee, Wisconsin, in mid-July.
Earlier, Donald Trump, said in a radio interview, &#8220;He [Barron] does like politics. It's sort of funny. He'll tell me sometimes, &#8216;Dad, this is what you have to do.&#8217; So anyway, he's a good guy. He's a senior now in high school, and he'll be going to college.&#8221;
Why It Matters: This news comes as a surprise, given Barron Trump&#8217;s recent steps into the political spotlight. Just two days ago, it was reported that Barron Trump was selected as one of Florida&#8217;s at-large delegates for the RNC. This would have been his first official role in politics, alongside his siblings.
Earlier in March, it was reported that Melania Trump had&nbsp;<a href="https://www.benzinga.com/news/24/03/37681395/melania-trump-chooses-barron-over-husbands-2024-presidential-campaign-she-dislikes-a-petting-zoo">shifted her focus toward her family</a>, particularly her son Barron, rather than her husband&#8217;s 2024 presidential campaign. At the time, it was reported that she has been dedicated to exploring potential colleges for Barron, and is resolved to accompany him wherever he chooses to pursue his studies.
Despite his family&#8217;s political ties, Barron Trump has been a subject of privacy concerns. In March 2024,&nbsp;Chelsea Clinton spoke out in <a href="https://www.benzinga.com/news/24/03/37903485/bill-clintons-daughter-speaks-out-in-defense-of-donald-trumps-youngest-sons-privacy-rights-leave-him">defense&nbsp;of Barron Trump&#8217;s privacy rights</a>, urging the media to respect his status as a private citizen.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38752266/nikki-haley-said-to-be-wooing-more-top-donors-but-leaves-trump-support-up-in-the-air-for-now?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nikki Haley Said To Be Wooing More Top Donors But Leaves Trump Support Up In The Air For Now</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Donald Trump's Youngest Son Declines To Be RNC Florida Delegate 'Due To Prior Commitments'

Kicking back this weekend but unsure what to binge-watch? No worries, Netflix has got your back with some brand-new goodies to spice up your screen time. As we roll into the second week of May, the streaming giant has a fresh lineup that&#8217;s as varied as it is enticing — from a gripping true-crime docu to a heartwarming rom-com and edge-of-your-seat thrillers. Whether you&#8217;re in the mood for laughter, tears, or some serious popcorn-spilling action, Netflix will likely have you covered.
Here are five fresh Netflix releases you&#8217;ll want to add to your weekend watchlist right away:
<h3 class="wp-block-heading">Cooking Up Murder: Uncovering the Story of César Román</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10110121/AAAABbgcGGCMzDsyKI7fkvmdecIIaAWLz_-GuRut8_sZQSMJ-A644kn8jrThjb7BG8hqn2TQZlmUZNy9xzy9s2lKwMOiGQij1G1CQ5I_-1024x576.jpeg" alt="Fans of gripping true crime documentaries are in for a treat with Cooking Up Murder: Uncovering the Story of César Román. Image: Tudum/ Netflix" class="wp-image-332835" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10110121/AAAABbgcGGCMzDsyKI7fkvmdecIIaAWLz_-GuRut8_sZQSMJ-A644kn8jrThjb7BG8hqn2TQZlmUZNy9xzy9s2lKwMOiGQij1G1CQ5I_-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10110121/AAAABbgcGGCMzDsyKI7fkvmdecIIaAWLz_-GuRut8_sZQSMJ-A644kn8jrThjb7BG8hqn2TQZlmUZNy9xzy9s2lKwMOiGQij1G1CQ5I_-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10110121/AAAABbgcGGCMzDsyKI7fkvmdecIIaAWLz_-GuRut8_sZQSMJ-A644kn8jrThjb7BG8hqn2TQZlmUZNy9xzy9s2lKwMOiGQij1G1CQ5I_-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10110121/AAAABbgcGGCMzDsyKI7fkvmdecIIaAWLz_-GuRut8_sZQSMJ-A644kn8jrThjb7BG8hqn2TQZlmUZNy9xzy9s2lKwMOiGQij1G1CQ5I_.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Fans of gripping true crime documentaries are in for a treat with Cooking Up Murder: Uncovering the Story of César Román. Image: Tudum/ Netflix</figcaption></figure>
Diving into the dark world of culinary celebrity, &#8220;Cooking Up Murder: Uncovering the Story of César Román&#8221; explores the life of a high-profile Spanish chef known as the &#8220;king of cachopo.&#8221; Román, who enjoyed celebrity status in the culinary world, hid a disturbing secret behind his fame. In November 2018, authorities arrested him for the murder of his girlfriend, Heidi Paz. Fans of true-crime documentaries like &#8220;Bad Surgeon&#8221; and &#8220;The Tinder Swindler&#8221; will find this gripping tale irresistible.
<h3 class="wp-block-heading">Mother of the Bride</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10104829/Netflix-Mother-of-the-bride-1024x576.jpg" alt="Just in time for Mother's Day, "Mother of the Bride" brings a delightful romantic comedy to the screen. Image: Tudum/ Netflix" class="wp-image-332802" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10104829/Netflix-Mother-of-the-bride-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10104829/Netflix-Mother-of-the-bride-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10104829/Netflix-Mother-of-the-bride-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10104829/Netflix-Mother-of-the-bride.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Just in time for Mother's Day, "Mother of the Bride" brings a delightful romantic comedy to the screen. Image: Tudum/ Netflix</figcaption></figure>
Switching gears to a lighter, more heartwarming note, &#8220;Mother of the Bride&#8221; lands just in time for Mother's Day. This romantic comedy stars Brooke Shields, Benjamin Bratt, and Miranda Cosgrove. The film follows Lana (Shields), a single mom whose trip to her daughter&#8217;s wedding in Thailand takes a twist when she discovers the groom&#8217;s father is her ex (Bratt), reigniting old flames in a lush, romantic setting.
<h3 class="wp-block-heading">Bodkin</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105112/AAAABTKeTsbQm4H_SCaEXb66OAYj09zL8_E6rZk5oN8mUpAAL0-Y-lyFLZCarSkADRRGU_FO0WfxvpVV-4MWiINmIViVYWCgSlwImfcd-1024x576.jpg" alt="The comedy thriller featuring Will Forte, Siobhán Cullen, and Robyn Cara. Image: Tudum/ Netflix" class="wp-image-332812" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105112/AAAABTKeTsbQm4H_SCaEXb66OAYj09zL8_E6rZk5oN8mUpAAL0-Y-lyFLZCarSkADRRGU_FO0WfxvpVV-4MWiINmIViVYWCgSlwImfcd-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105112/AAAABTKeTsbQm4H_SCaEXb66OAYj09zL8_E6rZk5oN8mUpAAL0-Y-lyFLZCarSkADRRGU_FO0WfxvpVV-4MWiINmIViVYWCgSlwImfcd-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105112/AAAABTKeTsbQm4H_SCaEXb66OAYj09zL8_E6rZk5oN8mUpAAL0-Y-lyFLZCarSkADRRGU_FO0WfxvpVV-4MWiINmIViVYWCgSlwImfcd-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105112/AAAABTKeTsbQm4H_SCaEXb66OAYj09zL8_E6rZk5oN8mUpAAL0-Y-lyFLZCarSkADRRGU_FO0WfxvpVV-4MWiINmIViVYWCgSlwImfcd.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The comedy thriller featuring Will Forte, Siobhán Cullen, and Robyn Cara. Image: Tudum/ Netflix</figcaption></figure>
For those who love a mix of comedy and mystery, &#8220;Bodkin&#8221; delivers just that. This Netflix Original comedy thriller features Will Forte, Siobhán Cullen, and Robyn Cara as American podcasters investigating decades-old disappearances in a quaint Irish town. What starts as a simple inquiry soon spirals into a bizarre adventure full of unexpected twists.
<h3 class="wp-block-heading">Thank You, Next</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105536/thank-you-next-1024x576.jpg" alt="The Turkish Netflix series enjoys mixing the hopeless romantic with the murky waters of modern-day relationships. Image: Tudum/ Netflix" class="wp-image-332825" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105536/thank-you-next-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105536/thank-you-next-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105536/thank-you-next-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105536/thank-you-next.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The Turkish Netflix series enjoys mixing the hopeless romantic with the murky waters of modern-day relationships. Image: Tudum/ Netflix</figcaption></figure>
Although the title might remind you of a certain Ariana Grande album, &#8220;Thank You, Next,&#8220; is a Turkish drama series that ventures into the world of romance and legal drama. The story centers on Leyla, a lawyer reentering the dating scene after a tough breakup while tackling the &#8220;divorce case of the year&#8221; against a notorious serial divorcer. This drama intertwines personal and professional challenges in a compelling narrative.
<h3 class="wp-block-heading">Blood of Zeus</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105702/AAAABT-wLl9aRndV0tvQbJwfA5fxT_7EZ_c0rAfJt4vy_f_l9kAkR4plyNrgZ9ooqhseuNSSj_ph0Jm28hD6FVznu2aYhJXXxJf4gBYA-1024x576.jpeg" alt="For those hooked on mythological dramas, "Blood of Zeus" returns with its second season. Image: Tudum/ Netflix" class="wp-image-332827" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105702/AAAABT-wLl9aRndV0tvQbJwfA5fxT_7EZ_c0rAfJt4vy_f_l9kAkR4plyNrgZ9ooqhseuNSSj_ph0Jm28hD6FVznu2aYhJXXxJf4gBYA-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105702/AAAABT-wLl9aRndV0tvQbJwfA5fxT_7EZ_c0rAfJt4vy_f_l9kAkR4plyNrgZ9ooqhseuNSSj_ph0Jm28hD6FVznu2aYhJXXxJf4gBYA-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105702/AAAABT-wLl9aRndV0tvQbJwfA5fxT_7EZ_c0rAfJt4vy_f_l9kAkR4plyNrgZ9ooqhseuNSSj_ph0Jm28hD6FVznu2aYhJXXxJf4gBYA-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10105702/AAAABT-wLl9aRndV0tvQbJwfA5fxT_7EZ_c0rAfJt4vy_f_l9kAkR4plyNrgZ9ooqhseuNSSj_ph0Jm28hD6FVznu2aYhJXXxJf4gBYA.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">For those hooked on mythological dramas, "Blood of Zeus" returns with its second season. Image: Tudum/ Netflix</figcaption></figure>
Lastly, animation and mythology enthusiasts will revel in the return of &#8220;Blood of Zeus.&#8221; This animated series, a sequel to &#8220;Gods &amp; Heroes,&#8221; continues the adventures of Zeus&#8217; demigod son who battles to save Olympus and Earth from ancient threats. Packed with gods, giants, and mythical battles, this series promises to be a visually stunning and thrilling journey through lost Greek tales.
Photo via Shutterstock

Entertainment

Top 5 Netflix Gems You Can't Afford To Miss To Spice Up Your Weekend Watchlist

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The weekend is almost here and so are we to give you the entertainment fix you need. From romance to crime and animated movies for kids, we have the best scoop of entertainment for you so you can binge-watch this weekend.
In this list, we've curated this list of the best movies on Disney+ and Hulu. Some of these movies are all set to leave these services, so make sure you catch up on them while they're here.
<h3 class="wp-block-heading">Let It Be</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103118/Let-It-Be-1024x576.jpg" alt="" class="wp-image-332742" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103118/Let-It-Be-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103118/Let-It-Be-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103118/Let-It-Be-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103118/Let-It-Be.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Let It Be &#x7C; Image credit: Disney+</figcaption></figure>
Love The Beatles? You'll like this documentary behind the scenes of the iconic rock band on its final concert. Let It Be is a restored version of Michael Lindsay-Hogg's documentary from the 1970s.
Perfect watch if you're one for a nostalgia hit.
Where To Watch: Disney+
<h3 class="wp-block-heading">Fantastic Mr. Fox</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103141/Fantastic-Mr.-Fox-1024x576.jpeg" alt="" class="wp-image-332744" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103141/Fantastic-Mr.-Fox-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103141/Fantastic-Mr.-Fox-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103141/Fantastic-Mr.-Fox-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103141/Fantastic-Mr.-Fox.jpeg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Fantastic Mr. Fox &#x7C; Image credit: Disney+</figcaption></figure>
Fantastic Mr. Fox is a great stop-motion animated movie involving a series of farm thefts. Based on Roald Dahl's book of the same name, Fantastic Mr. Fox packs a lot of fun that people of all ages will enjoy.
Where To Watch: Disney+
<h3 class="wp-block-heading">Daredevil</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103206/Daredevil-1024x576.jpg" alt="" class="wp-image-332746" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103206/Daredevil-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103206/Daredevil-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103206/Daredevil-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103206/Daredevil.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Daredevil &#x7C; Image credit: Disney+</figcaption></figure>
Starring Ben Affleck, this is the original Daredevil before the series came along. Affleck is a blind lawyer by the day and a vigilante by night, fighting injustice and taking down villains.
Where To Watch: Disney+
<h3 class="wp-block-heading">The Big Lebowski</h3>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="952" height="536" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103228/The-Big-Lebowski.jpg" alt="" class="wp-image-332747" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103228/The-Big-Lebowski.jpg 952w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103228/The-Big-Lebowski-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103228/The-Big-Lebowski-768x432.jpg 768w" sizes="(max-width: 952px) 100vw, 952px" /><figcaption class="wp-element-caption">The Big Lebowski &#x7C; Image credit: Hulu</figcaption></figure>
The Big Lebowski is a great mix of crime and comedy, perfectly suited for a weekend watch. The movie involves a bowler with the same name as a millionaire, beaten by thugs and forced to pay a debt he has no idea about.
Where To Watch: Hulu
<h3 class="wp-block-heading">L.A. Confidential</h3>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="952" height="536" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103248/L.A.-Confidential.jpg" alt="" class="wp-image-332751" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103248/L.A.-Confidential.jpg 952w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103248/L.A.-Confidential-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103248/L.A.-Confidential-768x432.jpg 768w" sizes="(max-width: 952px) 100vw, 952px" /><figcaption class="wp-element-caption">L.A. Confidential &#x7C; Image credit: Hulu</figcaption></figure>
L.A. Confidential is an iconic, Oscar-winning crime movie. Set in the 1950s, this movie stars Russel Crowe, Danny DeVito, and Guy Pearce who set out to solve a murder mystery.
Where To Watch: Hulu
<h3 class="wp-block-heading">Ocean's Eleven</h3>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="952" height="536" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103259/Oceans-Eleven.jpg" alt="" class="wp-image-332754" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103259/Oceans-Eleven.jpg 952w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103259/Oceans-Eleven-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/10103259/Oceans-Eleven-768x432.jpg 768w" sizes="(max-width: 952px) 100vw, 952px" /><figcaption class="wp-element-caption">Ocean's Eleven &#x7C; Image credit: Hulu</figcaption></figure>
Ocean's Eleven, starring Brad Pitt, George Clooney, and Julia Roberts, is another comedy movie that involves a team of 11 who come together to pull off a heist at a casino.
Where To Watch: Hulu
Photo courtesy: Shutterstock

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Biggest stock movers today: MAXN, NTES, and more

Biggest stock movers today: BB, MAXN, NTES, and more

Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) plunged in pre-market trading after the company announced preliminary Fiscal Q4 results that were below exp...

Maxeon Solar (NASDAQ:MAXN) Plunges After Bleak Preliminary Q4 Results

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are worth checking out as we get into all of the hottest news happening on Tuesday morning!



Moving stocks this morning are earnings reports, clinical trial data and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Biophytis (NASDAQ:<a href="https://investorplace.com/stock-quotes/bpts-stock-quote/">BPTS</a>) stock is rocketing close to 50% after <a href="https://www.nasdaq.com/press-release/biophytis-announces-its-2023-financial-results-and-provides-an-update-on-its-business">announcing its 2023 results</a>.</li>



<li>MyMD Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/mymd-stock-quote/">MYMD</a>) shares are rising over 26% after revealing a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224188&amp;type=PDF&amp;symbol=MYMD&amp;cdn=8720a94b32a7a67a8aeafa7ccea08ffe&amp;companyName=MyMD+Pharmaceuticals+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-04-08">securities purchase agreement</a>.</li>



<li>Acorda Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/acor-stock-quote/">ACOR</a>) stock is soaring more than 26% <a href="https://www.nasdaq.com/press-release/acorda-therapeutics-announces-nasdaq-delisting-notification-2024-04-03">ahead of its delisting</a>.</li>



<li>Addex Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/adxn-stock-quote/">ADXN</a>) shares are surging over 26% without any clear news this morning.</li>



<li>TuanChe (NASDAQ:<a href="https://investorplace.com/stock-quotes/tc-stock-quote/">TC</a>) stock is gaining nearly 17% despite a lack of news today.</li>



<li>Anghami (NASDAQ:<a href="https://investorplace.com/stock-quotes/angh-stock-quote/">ANGH</a>) shares are increasing more than 16% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224555&amp;type=PDF&amp;symbol=ANGH&amp;cdn=55a7014ffb2fa2fae4e6fc7d8965ee6d&amp;companyName=Anghami+Inc.&amp;formType=SC+13D&amp;formDescription=General+statement+of+acquisition+of+beneficial+ownership&amp;dateFiled=2024-04-08">following an investor update</a>.</li>



<li>MediaCo (NASDAQ:<a href="https://investorplace.com/stock-quotes/mdia-stock-quote/">MDIA</a>) stock is climbing over 14% on Tuesday morning.</li>



<li>Brainstorm Cell (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcli-stock-quote/">BCLI</a>) shares are getting a more than 13% boost with an update on its <a href="https://www.nasdaq.com/press-release/brainstorm-cell-therapeutics-announces-agreement-with-fda-on-a-special-protocol">Phase 3 clinical trial</a>.</li>



<li>Destiny Tech100 (NYSE:<a href="https://investorplace.com/stock-quotes/dxyz-stock-quote/">DXYZ</a>) stock is jumping over 13% as it <a href="https://seekingalpha.com/article/4682523-destiny-tech100-inc-dxyz-rose-800-percent-in-just-days-a-closer-look">continues a recent rally</a>.</li>



<li>RenovoRx (NASDAQ:<a href="https://investorplace.com/stock-quotes/rnxt-stock-quote/">RNXT</a>) shares are up more than 12% on <a href="https://www.nasdaq.com/press-release/renovorx-announces-%2411.1-million-at-market-private-placement-2024-04-08">an offer to take it private</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Vincerx Pharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/vinc-stock-quote/">VINC</a>) stock is crashing over 53% on <a href="https://www.nasdaq.com/press-release/vincerx-pharma-presents-positive-preliminary-phase-1-data-for-vip236-and-updates-on">preliminary Phase 1 clinical trial data</a>.</li>



<li>Focus Universal (NASDAQ:<a href="https://investorplace.com/stock-quotes/fcuv-stock-quote/">FCUV</a>) shares are plummeting more than 30% on Tuesday morning.</li>



<li>UTime (NASDAQ:<a href="https://investorplace.com/stock-quotes/wto-stock-quote/">WTO</a>) stock is diving over 23% after a major rally yesterday.</li>



<li>Vivos Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/vvos-stock-quote/">VVOS</a>) shares are tumbling more than 22% on a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318224743&amp;type=PDF&amp;symbol=VVOS&amp;cdn=01c96e38759646a4b342ce7c55cb1bd1&amp;companyName=Vivos+Therapeutics+Inc.&amp;formType=S-1&amp;formDescription=Registration+statement+under+Securities+Act+of+1933&amp;dateFiled=2024-04-09">proposed public offering</a>.</li>



<li>BioSig Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/bsgm-stock-quote/">BSGM</a>) stock is taking an over 21% beating on Tuesday.</li>



<li>Maxeon Solar Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/maxn-stock-quote/">MAXN</a>) shares are decreasing more than 15% on <a href="https://seekingalpha.com/article/4682824-maxeon-solar-technologies-preliminary-q4-earnings-dont-buy-this-dip?source=content_type%3Areact%7Csection_asset%3Arelated-analysis%7Csection%3Aright_rail%7Cfirst_level_url%3Aarticle%7Cline%3A1%7Cpos%3Aundefined">preliminary earnings results</a>.</li>



<li>Eco Wave Power Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/wave-stock-quote/">WAVE</a>) stock is dropping over 14% after a <a href="https://investorplace.com/2024/04/why-is-eco-wave-power-wave-stock-up-115-today/">massive rally yesterday</a>.</li>



<li>Guardion Health Sciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/ghsi-stock-quote/">GHSI</a>) shares are sliding more than 12% on plans for a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318223987&amp;type=PDF&amp;symbol=GHSI&amp;cdn=81af5524a2ccf8e9d81bd1343671bec4&amp;companyName=Guardion+Health+Sciences+Inc.&amp;formType=DEFM14A&amp;formDescription=Definitive+proxy+statement+relating+to+merger+or+acquisition&amp;dateFiled=2024-04-08">special shareholder meeting</a>.</li>



<li>DigiAsia (NASDAQ:<a href="https://investorplace.com/stock-quotes/faas-stock-quote/">FAAS</a>) stock is declining almost 12% after a rally yesterday.</li>



<li>Erayak Power Solution (NASDAQ:<a href="https://investorplace.com/stock-quotes/raya-stock-quote/">RAYA</a>) shares close out our pre-market stock movers down over 11%.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/04/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-april-9th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

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