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Key facts: FCC Move May Hit Tesla Optimus; SK 56.8%, Norway -97%
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South Korea Online Shopping Sales Rise 10% In June On Mobile Devices, Autos
According to Yonhap, online shopping sales in South Korea rose about 10% from a year earlier in June, driven by stronger demand for mobile devices and automobiles. The value of online shopping transactions reached 24.6 trillion won ($17 billion), up 2.3 trillion won from a year earlier, according t…
This Week in Tesla: Elon Musk Dismisses China 'Fake News,' Concerns Over Tesla Valuation and More
Tesla Inc. (NASDAQ:TSLA) and CEO Elon Musk were in the headlines once again as rumors about a possible sale of its Chinese business, as well as questions about the company’s valuation, captured the news cycle. Here’s a quick recap of this week’s major events.Elon Musk Dismisses Rumors of Tesla’s Ch…
Consumer Tech (July 27-31): AI Boom Drives Tech Earnings As Apple, Amazon Lead Markets & More
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for…
Insurance ETFs Top Defensive Sector Chart In July As Investors Look To Pivot Slightly From Chips And AI
Wall Street saw a distinct tactical shift in July as institutional capital pivoted away from high-momentum AI and mega-cap technology stocks into defensive sectors.Broader equity market volatility, fueled by mounting geopolitical friction and disappointing earnings reactions to massive technology i…
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Tesla Stock Falls 1.8% as Musk Denies China Separation Report
Tesla NASDAQ:TSLA, an electric-vehicle manufacturer operating a major factory in Shanghai, fell approximately 1.8% in Friday's regular-session trading as of 10:20 a.m. ET as investors assessed a report concerning the future of its Chinese operation. The report said options under consideration could…
Michael Burry Sends Fresh Warning on Nvidia and Micron Stocks
Michael Burry (Trades, Portfolio) expanded several positions and increased his bearish exposure to artificial intelligence and semiconductor stocks in his latest portfolio update.Burry added to his Nvidia NASDAQ:NVDA put options and increased his short position in Micron Technology (MU). He also ex…
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TSLA Stock Jumps Overnight: Musk Calls Tesla China-SpaceX Merger Report ‘Absurdly Fake News’ — Says Its ‘Never Even Come Up In A Discussion’
Shares of Tesla, Inc. (TSLA) jumped 2% overnight late Thursday after CEO Elon Musk denied a report that the company was preparing to separate its China business ahead of a possible SpaceX merger, calling the claim “absurdly fake news.”TSLA stock surged 10% on Thursday, but shares remain down 37% fo…
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Key facts: Tesla, Inc. down ~18%; FSD $1.8B vs $350B; AI5/AI6 rollout
TSLA dropped ~18% after mixed Q2 results. Traders shifted focus from delivery growth to profit risks tied to Tesla’s planned heavy spending on AI, Robotaxi, Optimus and factory exp
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Tesla Stock Falls Again as $1 Trillion Status Comes Under Pressure
Tesla NASDAQ:TSLA, an electric-vehicle manufacturer developing autonomous-driving and energy products, fell approximately 1.5% to $302.94 in Wednesday's regular-session trading, extending its decline to five consecutive sessions. Four of those losses followed Tesla's weaker-than-expected second-qua…
A Potential Tesla-SpaceX Merger Could Create ‘Orbit-To-Ground’ AI Powerhouse With Over $1 Trillion In Chip Savings, Says Analyst
Shares of Tesla, Inc. (TSLA) and SpaceX (SPCX) slipped in overnight trading heading into Wednesday, but RBC Capital sees a potential combination of Elon Musk’s two companies creating an “orbit-to-ground” platform with more than $1 trillion in long-term chip savings.SPCX stock is down about 2% in ov…
Tesla-SpaceX Merger Math Gets RBC View
Tesla NASDAQ:TSLA shareholders could own 54% of a combined Tesla-SpaceX company under a hypothetical merger valued at roughly $3.31 trillion, according to RBC Capital Markets.Analyst Tom Narayan argued that a deal at $480 per Tesla share, representing a 53% premium, could create a powerful orbit-to…
Cathie Wood Buys the Tesla Dip Again With $23 Million Bet on AI Future
Cathie Wood's ARK Invest exchange-traded funds increased their holdings in Space Exploration Technologies NASDAQ:SPCX and Tesla NASDAQ:TSLA, purchasing about $23 million worth of shares during Monday's trading session.ARK Invest bought 124,543 shares of Space Exploration Technologies valued at abou…
SpaceX Faces Earnings and Lock-Up Pressure After Rout
SpaceX NASDAQ:SPCX has erased more than $1.2 trillion in market value since peaking at $225.64 in June, a decline roughly equal to Tesla's NASDAQ:TSLA entire market capitalisation.Shares fell more than 1% on Monday to $113.50, marking the stock's 13th decline in 16 sessions. The prolonged slump com…
Cathie Wood’s ARK Buys The Dip As SpaceX Wipes Out Tesla-Sized Market Value Since Its Peak: Retail Bears Smell Blood
SpaceX’s (SPCX) post-IPO slide deepened on Monday, erasing more than $1 trillion in market value from its June peak. Still, Cathie Wood’s ARK Investment Management bought the dip while long-term bulls doubled down on the company’s Starship-driven upside.SPCX stock fell another 1.4% on Monday to $11…
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Tesla Stock Slips Despite Major UK Supreme Court Victory in 5G Patent Fight
Tesla NASDAQ:TSLA shares fell about 2% on Monday even after the company won a UK Supreme Court ruling that revives its lawsuit against InterDigital (IDCC) and patent licensing platform Avanci over the licensing terms for 5G technology.Tesla filed the case in London's High Court in 2023, seeking a j…
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Tesla Wins UK Appeal in 5G Patent Licensing Case
Tesla (TSLA, Financials), the electric vehicle and energy business, won an appeal to revive a London case against InterDigital and intellectual licensing platform Avanci.Tesla brought the lawsuit in 2023 to try and have the High Court rule on fair, reasonable and non-discriminatory licensing terms…
Virtuix Sells First Enterprise System to Tesla for Optimus Humanoid Robot Division
Purchase Expands Enterprise Adoption of Virtuix’s AI-Driven Simulation Platform Beyond Consumer, Defense, and Healthcare MarketsAUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- Virtuix Holdings Inc. NASDAQ:VTIX, a leading developer of AI-driven, full-body simulation systems, today announced that Te…
Michael Burry Expands Bets Against Major Chip Stocks
Michael Burry (Trades, Portfolio) has increased his bearish bets against several major chip stocks while keeping his existing short positions in Tesla NASDAQ:TSLA and Palantir NASDAQ:PLTR.The Big Short investor said he sold short additional shares of Micron NASDAQ:MU at $933.86 and added to his Nvi…
Michael Burry Goes Bigger on Nvidia, Micron, Palantir, and Tesla Shorts
"The Big Short" investor Michael Burry (Trades, Portfolio) has reshaped parts of his portfolio by increasing several bearish positions in semiconductor-related assets while leaving his existing short positions in Tesla NASDAQ:TSLA and Palantir Technologies NASDAQ:PLTR intact, according to comments…