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Prominent short seller Jim Chanos criticized Tesla Inc.'s robotaxi economic projections on Monday, calling the figures "ridiculous" and pointing to several overlooked cost factors.
Tesla is drawing renewed investor interest despite recent setbacks, as Thomas "Tom" Lee, Co-founder of Fundstrat Global Advisors and regular CNBC contributor, identifies potential recovery signals amid extremely negative sentiment.
President Donald Trump's AI and Crypto Czar, David Sacks, on The All-In Podcast, shared his perspective on Elon Musk's recent decision to reduce his time commitment to the Department of Government Efficiency (DOGE).
U.S. stock futures are down Wednesday morning, despite major averages ending up on Tuesday, and the S&P 500 and Dow Jones notching their sixth-straight day in the green, the longest streak for the indexes in months.
Microsoft Corp. CEO Satya Nadella disclosed that artificial intelligence is now writing up to 30% of the tech giant's code, signaling a fundamental shift in software development as AI tools reshape how tech companies build their products.
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, is a widely known Bitcoin (CRYPTO: BTC) advocate who routinely uses his social reach and public platforms to promote the leading cryptocurrency.
Trump boasts superior knowledge on interest rates and criticizes Fed chair Powell without naming him, as consumer confidence drops and tensions persist.
Accounts on sensitive US government networks were given to individuals without proper clearance, raising concerns about DOGE's access to classified material.
Nebraska Representative Don Bacon (R-Neb.) has expressed his support for $500 billion in Medicaid cuts. This comes as congressional Republicans are striving to preserve the 2017 Tax Cuts and Jobs Act.
United Parcel Service Inc. (NYSE: UPS) has disclosed its intentions to lay off 20,000 employees and cease operations in 73 facilities. This decision is attributed to a considerable decline in deliveries for Amazon.com Inc. (NASDAQ: AMZN), its primary client, and the ongoing repercussions of President Donald Trump's tariffs.
Brian Klo, Morningstar's equity strategist, expressed a bearish outlook on Nvidia's China business, while maintaining a positive view on its prospects in developed markets.
As market volatility rises amid tariff concerns and retirement account withdrawals hit record highs, CNBC's Jim Cramer advocates for greater political consideration of investor interests, challenging the notion that stock market participants are exclusively wealthy elites.
Snapchat's AI chatbot My AI—once met with user backlash—has seen U.S. daily active users grow 55% year-over-year, as Snap doubles down on integrating AI with augmented reality.
House Republicans unveiled legislation on Monday aimed at overhauling the federal student loan system, promising over $330 billion in savings while supporting President Donald Trump's tax cut extension agenda.
Fintech giant PayPal Holdings Inc. (NASDAQ:PYPL) said Tuesday it was committed to boosting cryptocurrency adoption, with a particular emphasis on its PayPal USD (CRYPTO: PYUSD) stablecoin.
The Future Fund Managing Partner, Gary Black, cautioned investors on Tuesday against Tesla Inc.'s robotaxi valuations that project share prices of $2,000 or higher, arguing that such forecasts ignore market realities and competition.
Economist Justin Wolfers pushed back against President Donald Trump's inconsistent recent remarks on trade deals, taxes, and tariff revenue, calling his position "fundamentally incoherent."
Zuckerberg warns US must match China's AI investments in data centers and hardware to stay competitive. The Meta Platforms CEO believes the US' chip export controls are significantly reshaping the wider AI race.
The Trump administration is reportedly considering replacing Biden-era AI chip export tiers with a stricter global licensing system, potentially tightening access to Nvidia's H100 chips and reshaping U.S. tech trade policy.
Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices.
Cryptocurrency bettors saw high chances of a military conflict between Asian neighbors India and Pakistan as tensions rose sharply following a deadly attack on civilians on the Indian side of Kashmir.
Coffeehouse chain, Starbucks Corp. (NASDAQ: SBUX), is making a case for its resilience amid the slowdown, rising recession risks, and global trade uncertainty.
Google-backed Waymo and Toyota Motor Corp (NYSE: TM) have announced a preliminary agreement on Tuesday to explore collaboration on autonomous driving technologies, with a focus on personally owned vehicles, the companies said in a joint release.
Spotify defended its $11.99 subscription price on its Q1 earnings call and signaled that price hikes are now a strategic option, as the company eyes long-term revenue growth despite rising inflation and stiff competition from Apple and YouTube Music.
A widely followed cryptocurrency analyst forecasted a breakout for Dogecoin (CRYPTO: DOGE) toward $1 on Tuesday, based on their analysis of the meme coin’s weekly chart.
Tesla Inc. CEO Elon Musk drew attention on Tuesday to economic data showing China's economy has significantly outgrown both the United States and European Union when measured by purchasing power parity.
Trump Media and Technology Group Corp. (NASDAQ:DJT) said Tuesday it was contemplating the launch of a utility token for users accessing its Truth Social ecosystem.
PayPal Holdings Inc. (NASDAQ: PYPL) is seeing strong momentum with its "Buy Now, Pay Later" services, with significantly higher user engagement and larger transaction sizes, as it expands the offering globally.
Leading cryptocurrencies were muffled on Tuesday, but stocks rallied on indications that the United States was nearing a deal with a key trading partner.
Cathie Wood's Ark Invest shuffled its portfolio on Tuesday, April 29, 2025, selling Meta shares ahead of earnings while buying into AMD, Shopify, and several biotech names.
On his 100th day in office, President Trump claimed to have "already ended inflation" during a Michigan rally, as Democrats launched a Senate protest criticizing his mixed record on economic, social, and foreign policy promises.
Mike Pence praised Trump's early second-term achievements but warned that abandoning conservative principles—especially on Ukraine and tariffs—could threaten both America's future and Trump's legacy.
Stride shares are rising in extended trading Tuesday after the company reported better-than-expected financial results for the third quarter and raised its full-year outlook.
