Tesla’s first-quarter delivery report arrives on Thursday, amid renewed fears over the Iran war.
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The AI server maker has been hit by uncertainty on a number of fronts.
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Investors aren’t ready to buy the president’s key message to financial markets.
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NASA’s Artemis II heads to the Moon, Nasdaq’s new index rules could help lure splashy IPOs, and more news to start your day.
Long Read
Investors were hoping Trump would use his speech to lay out a plan to end the conflict in the Middle East. That didn’t happen.
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Tesla slides ahead of delivery numbers, while Globalstar rallies after a report says Amazon is in discussions to buy the satellite operator.
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Bitcoin and other cryptocurrencies fell Thursday as digital assets traded in step with stock markets and at the whim of developments in the Iran war.
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Globalstar stock rose following a report Amazon is in talks to buy the satellite operator. Apple will have something to say about the deal.
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Hopes for a Middle East de-escalation sparked a rally ahead of President Donald Trump’s speech tonight. Plus, SpaceX filed for a confidential IPO.
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The burger chain joins a list of restaurant chains leaning into loyalty programs to drive growth.
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Microsoft stock has shed more than $1 trillion in value but it is doubling down on AI investment plans. Benchmark Research thinks that's the right approach.
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Two assets that could jump with a resolution to the war in the Middle East are the euro and global sovereign debt.
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Intel plans to fund the transaction through cash on hand and the proceeds of a new debt issuance.
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Eli Lilly’s Foundayo will be available to patients through the drugmaker’s online pharmacy.
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Nasdaq’s new rules could fast track the entry of a newly public large company 15 days after its IPO.
Long Read
BYD, NIO, XPeng, and Li Auto delivered about 400,000 electrified cars in March, including plug-in hybrids, down 12% year over year.
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The retreat follows a a 51% surge in crude oil prices in March for their largest monthly gain in nearly six years.
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Analysts view a reported FDA delay as a negative for the tobacco giant.
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Intel stock jumps after the company agrees to repurchase Apollo Global Management’s 49% stake in a joint venture related to its Ireland chip factory.
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GE Aerospace, Rolls-Royce, Boeing, Woodward , and Northrop Grumman all get the nod from Wells Fargo.
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Wall Street projects Tesla first-quarter deliveries of about 366,000 cars.
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Walmart founder’s sons Jim and Rob Walton are among the top 10, according to the Bloomberg Billionaire Index.
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Stocks tend to bottom early and recover quickly in a crisis. Can history repeat itself?
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Elevated oil prices tied to the Iran war are weighing on growth, but 22V Research says the slowdown in demand could help lower inflation and extend the economic cycle.
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