Rivian Automotive Inc (NASDAQ: RIVN) is pushing aggressively to the upside this morning after recording a blockbuster Q4 that signalled an “inflection point”, but UBS is keeping the champagne on ice. Following the company’s market-beating release, analyst Joseph Spak did blink, upgrading the EV stock to “neutral” – though it came with a heavy dose
Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock
Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS
January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and
The meteoric rise of artificial intelligence, which once propelled markets to record highs, has hit a wall of skepticism. In early February 2026, a sharp sell-off rippled through global exchanges as the narrative shifted from “AI as a savior” to “AI as a disruptor.” This volatility was primarily triggered by two factors: a massive spike
Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last
Europe started the week on a bruising note. From Whitehall belt-tightening to Paris finally muscling a budget through gridlock, policymakers are choosing survival over ambition. Markets are exhaling, but only briefly. Meanwhile, Tesla’s European brand damage looks structural, not cyclical, and Wall Street’s once-frothy obesity-drug trade is sobering up fast. This bulletin cuts through the
Elon Musk said on Monday that SpaceX has acquired his artificial intelligence group xAI, tying together two of his most ambitious ventures as he seeks to build increasingly powerful AI systems backed by vast computing infrastructure. Financial terms were not disclosed, but the combined entities are valued at just over $1 trillion based on recent
Asia-Pacific markets rallied on Tuesday as investors reacted to a reported breakthrough in US-India trade talks, while risk sentiment was also shaped by volatile crypto markets, fresh political headlines from Washington, and a major deal in the artificial intelligence sector. Below are the key developments shaping global markets. Asian markets surge on US-India trade deal
French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a long-running criminal investigation. What began as a probe into alleged algorithm abuse and data practices has now expanded to include complaints linked to the platform’s artificial intelligence chatbot, Grok, as well as