|Day's Range||112.32 - 112.32|
After Nvidia joined the $1 trillion market club on Tuesday, Yahoo Finance spoke with experts, analysts, and strategists, who weighed in on the outlook for the company amid recent AI trends. Yahoo Finance's Brad Smith spoke on the fanfare around Nvidia (NVDA) and AI. Smith said, "I'm going to break this down in three quick letters, it's A M C. At the top, you've got the applications that are going to sit on top of the M, the language-learning models, and at the bottom of it you've got the chips and the data centers." KeyBanc Capital Markets Equity Research Analyst John Vinh discussed Nvidia's advanced software. Vinh said, "They've got millions of AI developers that are focused on the Nvidia ecosystem and it's really this software ecosystem that's going to give them a sustainable advantage for quite some time." Yahoo Finance's Dan Howley explained what he thinks gives Nvidia an edge. Howley said, "People are really talking about how to get their chips at this moment. We're not talking about small firms either. We're talking about the likes of Microsoft (MSFT), Google (GOOG, GOOGL), Meta (META) ... Nvidia really is riding this hype train, and they're the conductor." Annandale Capital Founder and Chairman George Seay discussed his thoughts on Nvidia and why investors should remain cautious on AI. Seay said, "Nvidia is going to be a big winner. And I think you've got to look at some of the others like Google and Amazon, some of the other beneficiaries of this movement, and basically spread your bets." Video highlights: 00:00:03 - Yahoo Finance's Brad Smith 00:00:28 - KeyBanc Capital Markets Equity Research Analyst John Vinh 00:00:53 - Yahoo Finance's Dan Howley 00:01:24 - Annandale Capital Founder and Chairman George Seay
Artificial intelligence (AI) is all the rage on Wall Street these days -- and much of the excitement has rightfully centered around leading semiconductor companies. Nvidia's blockbuster first-quarter results and forward guidance have spurred huge gains for its share price and helped trigger an upswing in bullish momentum across the broader market, but Ark Invest CEO Cathie Wood believes that the biggest AI investing opportunity actually lies in software right now. In a May 31 interview with Bloomberg TV, Wood said that here company was looking beyond semiconductor stocks when it comes to capitalizing on revolutionary AI trends.
A plethora of catalysts, a bargain basement valuation, financial efficiency, growth and liquidity, and strong technical action are key reasons why Tesla's stock should be higher 6-12 months from now.
Tesla (NASDAQ: TSLA) is one of the leading players in the electric vehicle (EV) market, and it's making big bets on artificial intelligence (AI) technologies. The company has already introduced some autonomous driving services, and it's aiming to make improvements that could open up powerful new growth opportunities. If the company can perfect its AI-powered autonomous driving technologies, it will have the chance to launch massive new businesses including robotaxis and self-driving trucks for commercial goods transport.
Elon Musk visited Tesla’s Gigafactory in Shanghai, the electric vehicle company’s biggest manufacturing plant, on Wednesday. The billionaire also met with senior Chinese officials during his first trip to China in three years. Photo: Tesla
(Bloomberg) -- Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn’t send any tweets while he was in China for his first visit since the pandemic.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsInside the Making of Redfall, Xbox’s Latest MisfireS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapBillionaire Perot Warns of Real Estate Recession as Loans Dry UpUp ti
Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on Wednesday afternoon in Beijing, a source familiar with the matter said. Tesla and the State Council Information Office, which handles media queries on behalf of the Chinese government, did not immediately respond to Reuters requests for comment.
Entrepreneur Elon Musk told staff of a Tesla factory in China's commercial hub of Shanghai that the cars it turned out were not only the most efficient but also of the highest quality, images on the Weibo messaging app showed. "The cars we produce here are not just the most efficient but also the highest quality," he added in comments made during a two-day whirlwind visit to the country.
Tesla billionaire topples luxury tycoon Bernard Arnault by getting a wealth gain of about $5bn
Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials including the highest-ranking vice premier. Photos and a video of Musk's visit late Wednesday to Tesla's Shanghai factory - the automaker's biggest production hub - showed him holding up a "Giga Shanghai" sign, flanked by hundreds of staff including Tom Zhu, head of global manufacturing. The video released by Tesla showed Musk praising employees for "overcoming so many difficulties and challenges" and making a heart sign with his hands.
Tesla Inc has doubled discounts on some already made new Model 3 electric cars and offered discounts on the Model Y and others in its U.S. inventory to entice buyers amid economic uncertainty, rising competition and the upcoming redesign of its mainstay model. In California, a Model 3 variant in inventory was priced at $42,060, a discount of $2,680 to the price of newly ordered cars, according to its website. Tesla offered steeper discounts of $6,330 and $5,000 on some higher-priced Model X and Model S vehicles, respectively.
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SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials including the highest-ranking vice premier. Photos and a video of Musk's visit late Wednesday to Tesla's Shanghai factory - the automaker's biggest production hub - showed him holding up a "Giga Shanghai" sign, flanked by hundreds of staff including Tom Zhu, head of global manufacturing. The video released by Tesla showed Musk praising employees for "overcoming so many difficulties and challenges" and making a heart sign with his hands.
The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats
Tesla (TSLA) closed at $203.93 in the latest trading session, marking a +1.38% move from the prior day.
Last year was a big year for stock splits. The move to split a stock doesn't change a company's market value -- but by offering more shares to current holders, it lowers the price of each individual stock. Two of last year's stock split companies have climbed in the double digits this year.
Scotiabank has warned that high borrowing costs and stubborn inflation could limit EV sales in the country.
One of the reasons Tesla (NASDAQ: TSLA) has been a trendy stock pick is its tendency to break all of the rules established by traditional automakers. Whether by solely offering electric vehicles (EVs), forsaking the dealer network model, using a non-union workforce, or not advertising, Tesla has disrupted the auto industry. CEO Elon Musk said at Tesla's annual shareholder meeting: "We'll try a little advertising and see how it goes."
Tesla, TotalEnergies, Intuitive Surgical, Charles Schwab and Monster Beverage are included in this Analyst Blog.
Billionaire Elon Musk was showered with praise during a trip to China this week, with people on social media calling him "a pioneer", "Brother Ma" and "a global idol" while the CEO of Tesla, Twitter, SpaceX and other companies also met in person with three government ministers. Since landing in Beijing on Tuesday, Musk has met with China's foreign, commerce and industry ministers and has dined with Zeng Yuqun, chairman of top battery supplier CATL .
Investing.com -- Software providers will be the next businesses to benefit from a spike in interest in artificial technology that has spurred on rapid growth in Nvidia (NASDAQ:NVDA) shares, according to ARK Investment Management chief executive and founder Cathie Wood.
Billionaire Elon Musk has been showered with praise by the Chinese public during his trip to the country while also securing audiences with three government ministers. Since landing in Beijing on Tuesday, the Tesla Inc chief executive has met with China's foreign, commerce and industry ministers and has dined with Zeng Yuqun, chairman of top battery supplier CATL. While little is known of those conversations - the industry ministry only said Musk and its head exchanged views about the development of electric vehicles and connected cars while the commerce ministry announced he discussed Tesla's development in China with its head - that hasn't stopped an outpouring of enthusiasm for Musk on Chinese social media.