Uber is now offering Waymo autonomous rideshare services in a second market, adding Atlanta in June. The biggest story in June concerning autonomous driving was Tesla's long-awaited robotaxi launch, but the news surrounding Uber Technologies (NYSE: UBER) could have a bigger impact in the near term. Shares of Uber climbed 10.9% in June, according to data provided by S&P Global Market Intelligence, on investor excitement about the company offering autonomous rideshare services in a second major U.S. market...
Continue ReadingWhy Suncorp’s insurance-only pivot gives it room to grow revenues, why Thyssenkrupp Nucera can leverage its unique position for green hydrogen adoption, and why Tesla is reaching an AI and robotics inflection point...
Continue ReadingTesla's capital advantage is undeniable. There's one opportunity in particular that could create significant value. According to most demand projections, electric vehicle (EV) stocks have a bright future...
Continue ReadingTesla has been a polarizing stock over the last decade, delivering massive gains for investors. But is it still the heavy hitter?...
Continue ReadingTesla stock fell Tuesday in conjunction with multiple bearish catalysts. Elon Musk's feud with Trump was a factor in the sell-off, but concerns about vehicle shipments could have been a bigger factor. Tesla has plenty of long-term growth opportunities, but its near-term outlook seems challenging...
Continue ReadingAsking for a Trend host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, July 2. Tesla (TSLA) will be reporting its delivery numbers for the second quarter. Analysts are expecting 389,400 — an increase from Tesla's first quarter deliveries. ADP employment data for the month of June will be published, as economists expect an increase from the month prior in private payrolls. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here...
Continue ReadingMARKETS MAIN 2232 GMT – Australia’s S&P/ASX 200 looks set to rise at the open following a mixed lead from U.S. equities. ASX futures are up by 0.2% ahead of Wednesday’s session, suggesting that the benchmark index will follow the Dow Jones Industrial Average higher...
Continue ReadingETH fell to $2,418, down 3.3% in 24 hours, as traders failed to defend support near $2,460 during high-volume selling...
Continue ReadingBalaji warns of U.S. 'national bankruptcy' as Musk slams Trump bill, Bitcoin traders brace for impact...
Continue ReadingThe rose sharply after the Senate narrowly passed President Donald Trump’s tax-and-spending bill. CEO Elon Musk criticized Trump’s bill, calling it “utterly insane and destructive,” while the president suggested that the Department of Government Efficiency (DOGE)–the department Musk helped run until the end of May–should look into his companies’ government subsidies. Sunrun jumped 11%, SolarEdge Technologies rose 7.2%, and solar and wind stocks soared as Republican legislators stripped an excise tax on renewable energy projects from Trump’s bill...
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