Canaccord Genuity's Gianarikas: We may have seen the bottom for Tesla, positive acceleration to come
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Tesla, Samsung, energy stocks, & European semiconductors climb
Yahoo Finance's John Hyland outlines some of the top stories on Wall Street as part of Yahoo Finance's Market Minute. Energy stocks, like Cheniere Energy (LNG) and Venture Global (VG), are moving higher on the back of the US–EU trade deal. Tesla (TSLA) stock is climbing after CEO Elon Musk announced that the company signed a $16.5 billion chip deal with Samsung ( European semiconductor companies, like ASML Holding (ASML) and STMicroelectronics (STM), are moving to the upside from both the US–EU trade deal and the Tesla–Samsung chip deal. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's market minute. US stocks are trading at record highs today after the US and the EU struck a trade deal over the weekend that will see a 15% tariff imposed on goods from the European Union. US energy stocks moving higher on the back of the deal. As Trump said that the EU agreed to purchase $750 billion in American energy products and invest $600 billion in the US on top of existing commitments. EU president Ursula von der Leyen said the purchases would help reduce the bloc's dependence on Russia for natural gas. Plus, Tesla striking a $16.5 billion deal with Samsung to produce AI chips for the EV maker. CEO Elon Musk confirmed the news on X, saying Samsung's giant new Texas fab will be dedicated to making Tesla's next generation AI6 chip. And shares of European semiconductor companies getting a boost off the back of the Samsung deal and the EU US trade deal. The agreement exempts tariffs on semiconductor equipment, giving an additional boost to the sector after its two-week long slide. And that's your Yahoo! Finance market minute.
CNBC
13 minutes ago
- CNBC
Trade Tracker: Steve Weiss buys Uber, says it has 'pole position' in autonomous and robotaxis
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's 'Halftime Report' to explain why he's buying Uber at these levels.
Bloomberg
13 minutes ago
- Bloomberg
Bet on or Against the Unicorns
We have talked a few times around here about two related problems: The natural solution to both of these problems is: side bets. I think SpaceX stock will go up, so I would like to buy some, but I can't. You think SpaceX stock will go down, so you would like to short it, but you can't. We could just do a swap. We each put up $100, and in a year you pay me $1 for each percentage point that SpaceX has gone up, or I pay you $1 for each percentage point it has gone down. Nobody needs to own stock, or borrow stock, or deal with SpaceX; it's just a bet between us. All we need is some way to measure SpaceX's stock price. That's easy if SpaceX goes public in the next year (just look at its trading price), but if it doesn't, we'll need some agreed-upon measure of its stock price to settle the bet.
