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The Latest Breaking News from Dan Ives

Future of Elon Musk and Tesla are on the line this week as shareholders vote on massive pay package

If Tesla shareholders vote against restoring Elon Musk’s $44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies

The Independent UK

Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders

Apple’s annual World Wide Developers Conference on Monday is expected to herald the company’s move into generative artificial intelligence, marking its late arrival to a technological frontier that’s expected to be as revolutionary as the invention of the iPhone

The Independent UK

Tesla leads charge to defend Elon Musk’s $56bn pay package

After the deal was struck down in court in January, investors will be asked to endorse it again this week

The Guardian - US

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Elon Musk may ‘step back’ if shareholders reject $56bn pay package, Tesla chair warns

Robyn Denholm says electric carmaker’s CEO could spend his time elsewhere if biggest pay deal in US corporate history isn’t approved

The Guardian - UK

Alphabet’s next CFO Anat Ashkenazi ‘fills a void’ for the company at key time during AI Revolution, says top analyst

Ashkenazi is a 23-year veteran of Eli Lilly and Company.

Fortune

Microsoft Unveils 'Copilot Plus' PC Amped With AI

Microsoft CEO Satya Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company's world leading operating system.

International Business Times

Down 20% from Highs, Should You Buy the Dip in Palantir Stock?

Amid a nearly 21% pullback from its early March highs, investors might be contemplating whether to seize the opportunity to buy Palantir stock, especially as it now aligns more closely with analysts' mean price target following post-earnings declines. Let’s have a closer look.

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Microsoft Expands Its AI Empire Abroad

Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market.

International Business Times

Three Reasons Why Tesla Stock Is Rallying After Q1 Earnings. Elon Musk Issues Criteria For Investors.

Tesla stock surged more than 12% Wednesday after Chief Executive Elon Musk gave investors an overview of the company's outlook.

Investors Business Daily

Tesla Asks Shareholders To Reapprove Huge Musk Pay Deal

Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by a US court earlier this year.

International Business Times

Tesla Stock Heads For 2024 Lows As Investors Await Q1 Earnings For Clarity On Elon Musk's Big Bet On Autonomy

Tesla stock angled lower Tuesday, on pace to hit new lows for the year following news of layoffs and confirmation Tesla has delayed next-gen vehicle plans.

Investors Business Daily

Dow Jones Futures Rise On UnitedHealth After Market Reversal; Tesla Breaks Lower

Futures rose on UnitedHealth earnings after Monday's ugly market reversal. Tesla is set to undercut lows after its "dark day."

Investors Business Daily

Apple faces a robot 'horror show,' analyst warns, as rumors of a new AI companion emerge

Apple is said to be looking into creating a mobile robot that could follow people around their homes, but one analyst isn't impressed.

iMore

Elon Musk Blames 'Tough Quarter For Everyone'; Analysts Chop Tesla Estimates After Deliveries Dive

Wall Street has taken an ax to Tesla's 2024 earnings following Q1 deliveries.

Investors Business Daily

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Up 168% in 1 Year, Is It Too Late to Buy Palantir Stock?

Palantir shares have surged on the back of its robust financial performance, positive sentiment regarding a significant contract win, and excitement around AI. However, is PLTR stock still a smart investment choice? Let's explore.

Investors Business Daily

Tesla's First Quarter Deliveries Just Came In Below Wall Street's Rock Bottom Expectations

Analysts had chopped delivery predictions in recent days.

Investors Business Daily

Tesla Bulls Turn Bearish As 'Nightmare' First Quarter Comes To An End

Tesla stock is angling toward a second consecutive weekly gain ahead of announcing global Q1 deliveries.

Barchart

Down 34% YTD, What's Next for Tesla Stock?

Tesla is the worst-performing S&P 500 stock of the year so far, yet optimism lingers among some die-hard TSLA bulls. Here's a look at what Wall Street is predicting for the struggling Magnificent 7 stock.

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International Business Times

Tesla Faces Uphill Battle As Analysts Downgrade Outlook Amid Growth Concerns

Tesla faces significant challenges as analysts downgrade outlook amid concerns over stagnant growth and increasing competition in the electric vehicle market.

Barchart

Here's How High Wall Street Thinks Palantir Stock Can Rise

Palantir stock has more than tripled in the last 12 months, making it quite expensive at the current valuation. Can the AI tech stock continue to surge in 2024?

Investors Business Daily

Tesla Stock Downgraded With Vehicle Deliveries To Disappoint. This Bull Is Still Optimistic.

Tesla was downgraded Wednesday on expectations of lackluster Q1 deliveries and pessimism around the Model 2.

Barchart

Up 182% YTD, Wedbush Predicts This AI Stock Will Surge Another 50%

Despite a sharp pullback post-earnings, analysts remain optimistic about SoundHound AI's growth prospects - and at least one Wall Street pro thinks the AI penny stock can rally more than 50% from current levels.

Barchart

Buyer Beware: Morgan Stanley is Bearish on This Popular AI Stock

The high-profile investment bank isn't too excited about the prospects for this up-and-coming AI company. Is the skepticism warranted? Here's what the rest of Wall Street is saying.

Top News

Apple Abandons Electric Vehicle Project For AI Development

Apple abandons electric vehicle project to focus on AI, signaling a strategic shift in response to industry challenges.

The Guardian - US

US chipmaker Nvidia hits $2tn value amid artificial intelligence boom

Company blows past Wall Street’s expectations with 265% jump in sales after hailing ‘tipping point’ for AI

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