The autonomous car

Apple's WWDC, oil production cuts, Ford upgrade: Trending tickers

Apple's big headset announcement, Saudi Arabia's production cut, and Ford shares get an upgrade. Yahoo Finance live breaks down the trending tickers of the day.

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  Buy Alphabet & Jefferies, avoid American Airlines & Lucid: Strategist

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  The Apple Watch gets new features at WWDC 2023

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Tesla inventory, order backlog data improving as price cuts, tax credits take effect

Tesla’s price cuts and incentives like the federal EV tax credits seem to be having the desired effect on Tesla’s sales inventory and demand.

Office CMBS Delinquency Rates Jump by Most in Almost 5 Years

Delinquency rates on commercial mortgage-backed securities backed by office properties jumped in May by the most since June 2018.

Sales of Tesla EVs Made in China Soar

Sales of Tesla EVs made in China soared in May and were up 142% from the same period in 2022, when COVID-19 restrictions limited production.

Can Elon Musk Dodge Dogecoin Investors' Insider-Trading Allegations?

Dogecoin investors updated their $258 billion lawsuit against Elon Musk, accusing the Tesla CEO of market manipulation, insider trading.

Snap hires new head of engineering from Google

Snap Inc said on Monday it hired a new senior vice president of engineering from Google, the latest in a string of new recruits to advance its advertising business. Eric Young, who was previously vice president of engineering for Alphabet Inc's Google Cloud, will oversee the core infrastructure for Snap, which owns the popular photo messaging app Snapchat. He will also lead efforts to improve Snap's ability to target and measure ads on Snapchat, which was made more difficult by privacy updates on Apple's iOS devices.

Elon Musk Dismisses GM's Autonomous Vehicles

Cruise, the autonomous-vehicle division of General Motors, has a fleet of robotaxis operating 24/7 in San Francisco.

Tesla Stock, Uber Race Ahead While 3 Stocks Get Spicy

As the market continues its ascent, Nvidia holds its massive gains while Tesla stock, Uber and Wingstop accelerate their recent breakouts.

Tesla China Sales Eke Higher In May. TSLA Stock Doubles Since January Lows

Tesla May sales in China increased as TSLA has gained more than 100% since it hit lows of 101.81 in early January.

John Lawler to Discuss Great Potential, Progress Against Ford+ Plan During ‘Chat’ at Deutsche Bank 2023 Global Automotive Conference

DEARBORN, Mich., June 05, 2023--Ford CFO John Lawler will reiterate high expectations for and provide an update on execution against the company’s Ford+ plan for growth and value creation, during a fireside chat with auto analyst Emmanuel Rosner at the Deutsche Bank 2023 Global Automotive Conference. The conference will take place on Thursday, June 15, at 9:40 a.m. ET.

Nvidia Is Starting to Look a Lot Like Tesla (And Not In a Good Way)

Nvidia has had an historic run over the past week as strong guidance fueled by the excitement about the company's artificial intelligence prospects has the stock knocking on the trillion dollar door. The company's rapid rise over the past week and a half has raised its price to earnings ratio and price to revenue ratio into levels financial advisers would normally say are to high to be sustainable. Peter Mallouk, a financial adviser who heads CPI Wealth, points out that Nvidia currently has $26 billion in sales and is now trading at over 38 times sales and over 200 times earnings.

Billionaire CEO Of OpenAI Uses UberX To Get Around Town And Maximize His Time

OpenAI CEO Sam Altman boasts an expansive car collection but often hops in an Uber to get across town. The billionaire investor and former president of startup accelerator Y Combinator leans toward UberX, the cheapest option offered by Uber Technologies Inc. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Altman has catapulted to the forefront of mainstream media as his startup, OpenAI, has become one of the fas

'Commercial Real Estate Is Melting Down Fast': Elon Musk Warns Home Prices Will Be The Next To Crash — Yet One Property Type Could Prove Resilient

As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the billionaire has been sounding the alarm for the sector. “Commercial real estate is melting down fast,” Musk said in a recent tweet. “Home values next.” He elaborated on the dire forecast during an interview with former Fox News personality Tucker Carlson in April. “We really haven’t seen the commercial

Rebel's Edge - June 5: $TSLA, $AAPL, $PANW, and Heat VS Nuggets

Jon and Pete Najarian join forces to discuss and debate their favorite topics, including the hottest stock-specific news and sports!

Texas wins round against Google as antitrust lawsuit returned to Lone Star state

WASHINGTON (Reuters) -Texas won the latest round in its antitrust lawsuit against Alphabet's Google on Monday as a U.S. judicial panel ordered the case returned to federal court in Texas. At Google's request the lawsuit had been moved in August 2021 to a federal court in New York, where other advertising technology cases were being heard. Texas had asked for the lawsuit to be moved back after the U.S. Congress passed the Venue Act in 2022 that grants state attorneys general the right to choose where an antitrust lawsuit will be litigated.

Elon Musk's Latest Tesla Announcement Could Shake Up the Entire EV Industry

It's easy to forget that Elon Musk, beyond Tweeting out storms of chaotic messages at all hours of the day, is the CEO of Tesla, one of the most prominent EV makers in the industry. In the wake of the May 25 announcement that Ford customers would gain access to Tesla's supercharging network, the tech billionaire seems keen to offer more assistance to his peers in the auto industry. "Tesla aspires to be as helpful as possible to other car companies," Musk Tweeted June 5.

Jaguar Issues Serious Warning About Its Electric Vehicles

Tesla CEO Elon Musk despises the term "recall" when it comes to an over-the-air software update or vehicle remote upgrade, but that's the term Chinese regulators used for a recall of 1.1 million Teslas sold from Jan. 12, 2019 to April 24, 2023. Tesla had some other over-the-air software updates in the US that were referred to as recalls by the National Highway Traffic Administration, including 30,000 Model X vehicles for an airbag issue in January. Ford's popular F-150 Lightning needed a recall in March because of a defect in the battery cell that could cause vehicle fires.

10 Technology Dividend Stocks Billionaires Are Loading Up On

In this article, we discuss 10 technology dividend stocks billionaires are loading up on. You can skip our detailed analysis of the tech sector and dividend stocks, and go directly to read 5 Technology Dividend Stocks Billionaires Are Loading Up On. The tech sector is on a winning spree this year after recording one of […]

The Saga Of Bringing Electric Pickups To Roads Has Collaboration Written All Over It

2023 has been deemed as the year of the electric pickup. This particular vehicle is considered as the backbone of the automotive industry, especially in the U.S. But, as electrification transforms the entire industry, electrifying pickups can seem even more daunting for automakers compared to producing EVs. Besides the scary costs that come with EVs and make it harder for automakers to keep their finances in check, pickup makers are also in for other manufacturing and production challenges. For

Markets Mixed at Midday as Apple Shares Trade at an All-Time High

U.S. equities were mixed at midday on Monday, June 5, 2023, with Apple helping to boost the tech sector.