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TSLA

Earnings, DOJ’s Tesla probe, Reddit’s guidance: 3 Things

Uber (UBER), Lyft (LYFT), Twilio (TWLO), and Shopify (SHOP) are the latest companies to report earnings after the bell on Tuesday and before Wednesday's market open. The US Department of Justice (DOJ) is looking into supposed securities and wire fraud as part of its probe into Tesla's (TSLA) Autopilot capabilities and full-self driving functions, according to a Reuters report. Reddit (RDDT) shares continue to surge in Wednesday's pre-market session after topping first-quarter earnings estimates and reporting a spike in daily active users. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...

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TSLA

Toyota Guidance Is Terrible. Competition Is Heating Up.

Toyota Motor reported fiscal fourth-quarter results on Wednesday which also means it gave investors a look into its 2025 fiscal year. Operating profit is set to fall 20% in the coming year as the company invests more in battery electric vehicles and artificial intelligence to keep up with its automotive peers. For the fiscal fourth quarter ended in March, Toyota earned about ¥1.1 trillion, or $7.1 billion, up from the $4 billion earned in the same quarter of fiscal year 2023...

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TSLA

Nvidia, Tesla, Microsoft Losses Didn’t Stop the S&P 500’s Winning Streak. Why That’s a Big Deal and 5 Other Things to Know Today.

TikTok lawsuit to pit free speech against national security, Rivian keeps production outlook despite disappointing quarter, and other news to start your day...

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TSLA

Tesla Stock’s March Higher Takes a Pause. Here’s Why.

Tesla stock fell 3.8% on Tuesday and is extending losses Wednesday. It’s being pressured by a number of things...

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Tesla Beware. Toyota Goes Big on AI and EVs.

Tesla may be feeling more heat from an old rival in the coming years. Toyota the Japanese car company that pioneered hybrid electric vehicles with its Prius model, said Wednesday that it will invest heavily in battery-electric vehicles, artificial intelligence, and hydrogen-fuel technology. Tesla which made all-electric cars famous, has been going through a rough patch as it faces down Chinese firms such as BYD that offer cheaper all-battery cars...

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AMZN TSLA

Rivian: Sell On Weak Q1 Earnings

Rivian's Q1 earnings reveal widening net loss & negative operating income, raising concerns about its cash reserves & valuation compared to rivals like.....

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Tesla Sends Top Executive Back to China Amid Weak Sales

(Bloomberg) -- Tesla Inc. is sending executive Tom Zhu back to China, where he led the carmaker’s entry into the country, according to a person familiar with the matter.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyZhu, one of the company’s three named executive officer...

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Q1 2024 EVgo Inc Earnings Call

Q1 2024 EVgo Inc Earnings Call...

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Tesla’s Optimus To The Rescue

Reshoring, or bringing manufacturing back to the West, is becoming a trend as companies face challenges in China. Read more to see my thoughts on reshoring...

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Here’s How Much $1,000 Invested In Dogecoin Would be Worth If You Invested When Elon Musk First Tweeted About DOGE

Over five years ago, Elon Musk first posted about Dogecoin (DOGE) on social media. Since then, the token has exploded in popularity, reaching all corners of the internet and generating tens of billions in investment. The first posts about DOGE seemingly came out of nowhere but had a huge impact on the price. Let's take a look at what would have happened if you had the foresight to invest when Musk first tweeted about DOGE. Don't Miss: How much Bitcoin did Michael Saylor says you need to become a...

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