U.S. April inflation below expectations, may prompt Fed rate cuts. Retail sales up, but inflation rates down. Market reactions: bond yields, dollar down, stocks up.
TSMC expressed concerns about ASML's high-priced advanced chip machines, despite its appreciation for their capabilities. TSMC will stick to older technology for now, citing economic considerations. The company is also building a chip plant in Germany with EU and German support. TSMC reported strong revenue growth in the first quarter.
Trading expert Anne-Marie Baiynd shared option trade ideas for Tesla on Benzinga's YouTube, discussing potential positive catalysts and bullish strategies.
Google slipped in a pair prototype version of augmented reality (AR) glasses at the Google I/O 2024 conference, sparking speculation about a potential revival of the once-abandoned Google Glass project.
The billionaire CEO was responding to a Tesla enthusiast who mocked the irony of the U.S. relying on China for manufacturing but also increasing tariffs on China-made EVs.
The Shark is currently only available in Mexico and BYD is not eyeing entry into the U.S. market, Reuters reported, citing the company's regional chief Stella Li.