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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Meta’s stock plunges on ‘aggressive’ AI spending plans
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Lord of the Rings Trilogy Returning to Theaters in June - IGN: The Lord of the Rings trilogy is returning to theaters in June 2024, including the first ...
ign.com/articles/lord-of-the-rings-trilogy-returning-to-theaters-in-june
Lord of the Rings Trilogy Returning to Theaters in June - IGN
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Union threatens Habeck with consequences in debate about nuclear power documents: If he does not immediately disclose the circumstances of the decision to phase ...
welt.de/politik/deutschland/article251219442/Union-droht-Habeck-in-Debatte-um-Atomkraft-Dokumente-mit-Konsequenzen.html
Union threatens Habeck with consequences in debate about nuclear power ...
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
  • A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.

  • The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.

  • The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.

  • Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
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How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
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Biden says meeting with 4-year-old girl orphaned and held hostage by Hamas a reminder of work needed to free remaining hostages
abcnews.go.com/Politics/biden-meeting-4-year-girl-orphaned-held-hostage/story
Biden says meeting with 4-year-old girl orphaned and held hostage by Hamas ...
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Tattooed applicant claims she was denied TJ Maxx job over her ink, confronts store employees: 'It's so annoying'
nypost.com/2024/04/25/lifestyle/tattooed-tiktoker-claims-she-was-denied-tj-maxx-job-over-her-ink-confronts-store-employees/
Tattooed applicant claims she was denied TJ Maxx job over her ink ...
Quick Glance: Tattooed Applicant Denied TJ Maxx Job Over Body Art, Confronts Store Employees: 'It's So Annoying'
  • A woman with tattoos and piercings on her face claims she was denied a job at TJ Maxx due to her body art.

  • Ash Putnam expressed her frustration in a viral TikTok after applying for a job with the retailer but receiving an automated rejection without a clear explanation.

  • The 23-year-old Ash Putnam alleges she was denied a job at TJ Maxx because of her body art. She went to the store to address the issue of not being offered the position.

  • Putnam criticized that her tattoos were a defining factor for job rejection. Despite not urgently needing the job at TJ Maxx, she still felt sidelined by the store.
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Who could buy TikTok?: The clock has begun ticking for TikTok to find a new owner.
cnn.com/2024/04/25/tech/who-could-buy-tiktok/
Who could buy TikTok?
Quick Glance: Potential Buyers for TikTok Revealed
  • The clock is ticking for TikTok to find a new owner. President Joe Biden signed a law that could ban TikTok in the US unless ByteDance sells the app. Possible buyers range from tech companies to retailers and investment bankers.

  • Established tech giants like Meta or Google are unlikely buyers due to antitrust hurdles. Large companies with deep pockets face regulatory skepticism, although they could have the resources to purchase TikTok.

  • Microsoft, which has shown interest in TikTok in the past, may have another opportunity after successfully navigating antitrust scrutiny with the Activision Blizzard deal. Oracle and former US government officials like Steven Mnuchin are also potential buyers.

  • Mnuchin has announced assembling a team of investors to acquire TikTok. His offer, however, might exclude TikTok's algorithm, sparking controversial discussions. Other potential buyers like Kevin O'Leary are also considering acquiring TikTok, with O'Leary suggesting an initial bid between $20 and $30 billion.
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Moms welcome babies Johnny Cash and June Carter on same day, at same hospital: Two Alabama babies who were both born on April 10 at the same hospital were named ...
goodmorningamerica.com/family/story/moms-babies-johnny-cash-june-carter-same-day-109573736
Moms welcome babies Johnny Cash and June Carter on same day ...
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Open seating no more? Southwest CEO says airline is weighing cabin changes: Southwest Airlines is considering changes to its single-class, open-seating cabins to ...
cnbc.com/2024/04/25/southwest-weighing-cabin-changes-to-drive-revenue.html
Open seating no more? Southwest CEO says airline is weighing cabin changes
Quick Glance: Southwest and American Airlines Face Financial Challenges
  • Southwest Airlines, the largest carrier at San Antonio International Airport, will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing.

  • Southwest will also trim flights in Atlanta and at O’Hare International Airport to focus on more profitable locations, expecting to receive only 20 new 737 Max 8 jets from Boeing this year, down from the anticipated 46.

  • CEO Robert Jordan stated Southwest was reacting quickly to address financial underperformance by slowing down hiring and asking employees to take time off.

  • American Airlines, San Antonio’s second-largest carrier, reported a loss of $312 million as labor costs rose by 18%. The airline expects to return to profitability in the second quarter with earnings between $1.15 and $1.45 per share.
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Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
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Why the U.S. Is Forcing TikTok to Be Sold or Banned: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese company ...
nyti.ms/3vX3kVT
Why the U.S. Is Forcing TikTok to Be Sold or Banned
Quick Glance: What Lies Ahead for TikTok in the US?
  • The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.

  • President Joe Biden has confirmed his intention to sign the legislation on Wednesday.

  • ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
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For Kings (and Lakers, Clippers), home is where the playoff action is: As the Kings head back to L.A. after exhilarating Game 2 OT win, they'll find Crypto ...
latimes.com/sports/hockey/kings/story/2024-04-25/kings-edmonton-oilers-game-2-crypto-arena-nba-nhl-playoffs
For Kings (and Lakers, Clippers), home is where the playoff action is
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Passengers on a #Lufthansa flight to Los Angeles went through a scary 20 minutes when their plane tried to touch down at the city's airport on Tuesday.
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Runaway horses gallop through central London, blazing a path of mayhem and injuries
npr.org/2024/04/24/1246807622/runaway-horses-central-london
Runaway horses gallop through central London, blazing a path of mayhem and ...
Quick Glance: London Chaos: Military Horses Run Wild
  • Five military horses bolted during an exercise near Buckingham Palace, causing chaos in central London streets.

  • The horses were spooked by noise from a construction site, threw off their riders, and collided with vehicles.

  • Three injured soldiers were hospitalized, but none of the injuries were life-threatening.

  • The horses were captured shortly after and taken back to the barracks for medical tests.
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She completed her law degree while working as a domestic helper in Singapore: Jayanthi Gamage has called her former employer Manjit Kour, who supported her ...
straitstimes.com/singapore/she-completed-her-law-degree-while-working-as-a-domestic-helper-in-singapore
She completed her law degree while working as a domestic helper in ...
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HAPPENING NOW: Sergeant Rose Nyawira Wachira's burial ceremony at Kagio, Kirinyaga County. She died in the helicopter crash that killed CDF Francis Ogolla and ... Show more
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Climate change is bringing malaria to new areas. In Africa, it never left: When cases of locally transmitted malaria were found in the United States last year ...
abcnews.go.com/Health/wireStory/climate-change-bringing-malaria-new-areas-africa-left-109606978
Climate change is bringing malaria to new areas. In Africa, it never left
Quick Glance: Combatting Malaria: Challenges and Solutions
  • Progress in reducing malaria has stalled in recent years, especially in African regions. Pregnant women, young children, and other vulnerable groups continue to have limited access to malaria services.

  • Infants and young children are disproportionately affected by malaria, especially in poorer households in sub-Saharan Africa. Pregnant women are at increased risk of malaria due to immunity loss.

  • Refugees, migrants, and indigenous peoples are also at higher risk of malaria and often lack access to necessary services.

  • Climate change and humanitarian emergencies contribute to making vulnerable populations more susceptible to malaria. Measures like combating discrimination and integrating malaria control interventions into universal health coverage can help achieve a malaria-free world.
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Voyager 1 space probe sends usable data back to Earth: The 46-year-old research instrument only produced unreadable data garbage for months ...
spektrum.de/news/raumsonde-voyager-1-funkt-wieder-verwertbare-daten-zur-erde/2214714
Voyager 1 space probe sends usable data back to Earth
Quick Glance: Voyager 1 Sends Usable Data to Earth Again
  • Launched in 1977, Voyager 1's mission is to explore interstellar space.

  • After sending unreadable data for months, a fix was found for the issue.

  • Experts repaired a faulty chip in the Flight Data Subsystem to resume sending readable data.

  • The mission remains iconic, but the battery's longevity is uncertain as the probe continues its journey through the Milky Way.
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Opel boss: Electric car market holds its own even without subsidies - AUTO BILD: The end of e-car funding has led to uncertainty. Opel is also noticing ...
autobild.de/artikel/opel-chef-e-autos-auch-ohne-staatliche-zuschuesse-meldung-25846671.html
Opel boss: Electric car market holds its own even without subsidies - AUTO ...
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Fallout 76 has now welcomed 1m players in a single day, six years after broken launch
eurogamer.net/fallout-76-has-now-welcomed-1m-players-in-a-single-day-six-years-after-broken-launch
Fallout 76 has now welcomed 1m players in a single day, six years after ...
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Emperor penguins perish as ice melts to new lows: Study: Colonies of emperor penguin chicks were wiped out last year as global warming eroded their icy homes ...
phys.org/news/2024-04-emperor-penguins-perish-ice-lows.html
Emperor penguins perish as ice melts to new lows: Study
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Climate Policy Is Working: Double Down on What’s Succeeding Instead of Despairing Over What’s Not
foreignaffairs.com/world/climate-change-policy-working-kelly-gallagher
Climate Policy Is Working: Double Down on What’s Succeeding Instead of ...
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Southwest Quits Four Airports in Cost-Cutting Drive: The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in ...
nyti.ms/3U9nB2m
Southwest Quits Four Airports in Cost-Cutting Drive
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
  • Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.

  • The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.

  • Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.

  • Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
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Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
Could Australia ban X (formerly Twitter) or is it untouchable? The ...
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Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10 ...
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Chicago-based Dutch Farms bids ‘north of $20M’ to buy bankrupt Oberweis Dairy: Brian Boomsma, the owner of Chicago-based Dutch Farms, made the stalking horse bid ...
chicagotribune.com/2024/04/23/chicago-based-dutch-farms-makes-bid-to-buy-bankrupt-oberweis-dairy/
Chicago-based Dutch Farms bids ‘north of $20M’ to buy bankrupt Oberweis ...
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Reggie Bush gets his Heisman Trophy back after it was stripped in 2010: Reggie Bush won the Heisman Trophy in 2005, but he forfeited the award after an NCAA ...
washingtonpost.com/sports/2024/04/24/reggie-bush-heisman-trophy/
Reggie Bush gets his Heisman Trophy back after it was stripped in 2010
Quick Glance: Reggie Bush to Regain 2005 Heisman Trophy
  • The Heisman Trust is set to announce Reggie Bush receiving back the 2005 Heisman Trophy, reinstating his status as a recipient after a NCAA investigation.

  • Following the restoration of his 2005 season records by the NCAA, the Heisman Trust confirmed the re-honoring of Bush's award.

  • In a statement, Bush expressed his excitement to be back in the Heisman family and collaborate with the organization to uphold its values and mission.

  • With the Heisman Trophy back in Bush's possession, USC now holds the top spot in college football's Heisman Trophy winners list with a total of eight recipients.
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Pilot proposes to flight attendant girlfriend in front of passengers: A Polish pilot has proposed to his flight attendant girlfriend on a flight from Warsaw to ...
cnn.com/2024/04/24/travel/pilot-proposes-to-flight-attendant-scli-intl/
Pilot proposes to flight attendant girlfriend in front of passengers
Quick Glance: Pilot Proposes to Flight Attendant on LOT Flight to Krakow
  • A flight attendant rushes down the aisle of an airplane after receiving a surprising marriage proposal from her partner.

  • The video was captured on a LOT Polish Airlines flight to Krakow and later shared on Facebook.

  • During the flight, the captain emerged from the cockpit to introduce himself to the passengers before making a heartfelt proposal to his partner.

  • Choosing Krakow as the proposal location due to its significance in their relationship, the video of the proposal has garnered over 433,000 views on Facebook and Instagram, receiving widespread acclaim.
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In-N-Out Burger plans second WA location: The California fast-food chain has proposed a second restaurant in Clark County, with 84 indoor seats ...
columbian.com/news/2024/apr/23/in-n-out-proposes-second-clark-county-location-in-east-vancouver/
In-N-Out Burger plans second WA location
Quick Glance: In-N-Out Proposes Second Location in Clark County's East Vancouver
  • In-N-Out has proposed a new location in Clark County to meet the growing demand in East Vancouver, as indicated by the pre-planning documents submitted.

  • The proposed property currently hosts a vacant Rite Aid building and is set to make room for a modern development with a new restaurant if the planning application is approved.

  • The plans include a spacious building accommodating 84 guests, along with a well-designed drive-thru lane for 30 cars and ample parking spaces for 74 vehicles.

  • In addition to the stucco building, the restaurant will feature a patio with seating and will operate from 10:30 a.m. until midnight on weekdays and until 1:30 a.m. on weekends.
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Cisco says hackers subverted its security devices to spy on governments: Technology firm Cisco Systems said that hackers have subverted some of its digital ...
reuters.com/technology/cybersecurity/cisco-says-hackers-subverted-its-security-devices-spy-governments-2024-04-24/
Cisco says hackers subverted its security devices to spy on governments
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Arizona House lawmakers vote to repeal 1864 abortion ban: Lawmakers in Arizona's House of Representatives on Wednesday voted to repeal an 1864 ban on abortion ...
reuters.com/world/us/arizona-democrats-say-they-will-try-again-repeal-1864-abortion-ban-2024-04-24/
Arizona House lawmakers vote to repeal 1864 abortion ban
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How social media is showing us what we like, rather than letting us find out for ourselves
abc.net.au/news/2024-04-25/how-social-media-algorithms-are-flattening-culture/103735868
How social media is showing us what we like, rather than letting us find ...
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Ryanair CEO Says He’d ‘Happily’ Offer Rwanda Deportation Flights: Ryanair Holdings Plc Chief Executive Officer Michael O’Leary weighed into the UK’s ...
trib.al/SNOUVw7
Ryanair CEO Says He’d ‘Happily’ Offer Rwanda Deportation Flights
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Quick Glance: Spread of Anti-War Protests at U.S. Universities
  • University of Minnesota student sets up protest camp following arrests of pro-Palestinian demonstrators.

  • Pro-Palestinian protests sweep campuses nationwide, demanding universities cut ties with Israel.

  • Arrest of over 100 student protesters at Columbia University sparks solidarity protests at other colleges.

  • Student anti-war protests spread across the country, from Yale to University of California, demanding divestment from Israel.
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What a tribute! 👏 This two-metre-high Anzac Day statue was made entirely out of Lego by Perth's Ben McCullock. He said it took five months to complete and an ... Show more   ab.co/abcnewsapp
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The Delusion of Peak China: America Can't Wish Away Its Toughest Challenger: America can't wish away its toughest challenger.
foreignaffairs.com/china/delusion-peak-china-united-states-evan-medeiros
The Delusion of Peak China: America Can't Wish Away Its Toughest ...
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Biden notches another union endorsement as building trades back reelection: President Joe Biden secured another union's backing on Wednesday as the organization ...
reuters.com/world/us/biden-notches-another-union-endorsement-building-trades-back-reelection-2024-04-24/
Biden notches another union endorsement as building trades back reelection
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Niners Chemnitz win the European Cup: These are the heroes of Istanbul: Niners Chemnitz win the European Cup: These are the heroes of Istanbul
freiepresse.de/sport/basketball/niners-chemnitz/niners-chemnitz-gewinnen-den-europapokal-das-sind-die-helden-von-istanbul-artikel13344708
Niners Chemnitz win the European Cup: These are the heroes of Istanbul
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Princess Aiko makes debut at imperial garden party: The princess joined the party hosted by the emperor and empress at the Akasaka Imperial Gardens after ...
japantimes.co.jp/news/2024/04/24/japan/princess-aiko-garden-party-debut/
Princess Aiko makes debut at imperial garden party
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Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
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Next bankruptcy: grocer and Rewe supplier is insolvent: The insolvency wave rolls on: dried fruit marketer Lemberona is facing financial challenges and has ...
fr.de/wirtschaft/naechste-pleite-bio-lebensmittelhaendler-und-rewe-lieferant-ist-insolvent-zr-93030949.html
Next bankruptcy: grocer and Rewe supplier is insolvent
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Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Tesla could start selling Optimus robots by the end of next year ...
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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Oman-UAE rail gets new identity - Hafeet Rail: Oman-Etihad Rail Company unveiled ‘Hafeet Rail’ as the new identity of Oman-UAE Rail Network on Tuesday.
muscatdaily.com/2024/04/23/oman-uae-rail-gets-new-identity-hafeet-rail/
Oman-UAE rail gets new identity - Hafeet Rail
Quick Glance: UAE-Oman railway project in implementation phase: CEO of Hafeet Rail
  • Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, confirmed that the railway project between the Sultanate of Oman and the United Arab Emirates has entered into the implementation phase today.

  • He stated that several tangible steps have been taken, starting with the signing of the partnership agreement between stakeholders and the awarding of major contracts for the project to a UAE-Omani alliance comprising companies from both countries operating as one team.

  • Al Hashemi emphasized that the project will bring numerous economic and social benefits. He highlighted that the railways are operated with high efficiency in terms of safety and environmental sustainability, being among the most sustainable means of transportation.

  • He expressed his expectations that the UAE-Oman railway project will act as a catalyst for further cooperation in various economic and industrial sectors, with a direct impact on passenger movement between the two countries, further enhancing tourism and relationships between their peoples.
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Tens of thousands protest as Milei’s austerity measures hit Argentina’s public universities
cnn.com/2024/04/24/americas/universities-protest-milei-argentina-intl-latam/
Tens of thousands protest as Milei’s austerity measures hit Argentina’s ...
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WATCH: Parents of Hersh Goldberg-Polin plead for hostage deal, urge him to ‘stay strong, survive’
timesofisrael.com/liveblog_entry/be-brave-lean-in-parents-of-hostage-seen-in-propaganda-video-plead-for-hostage-deal/
WATCH: Parents of Hersh Goldberg-Polin plead for hostage deal ...
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Tesla profits drop 55% as Elon Musk dodges cheap car questions
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Actress, crew see off big marine visitor: Big Jeff, Oamaru’s elephant seal visitor, had a special guest yesterday. English-Australian actress Miriam Margolyes ...
odt.co.nz/regions/north-otago/actress-crew-see-big-marine-visitor
Actress, crew see off big marine visitor
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Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
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Congress passes bill that could ban TikTok after years of false starts: Lawmakers sped a possible TikTok ban through Congress by tying it to a sprawling funding ...
washingtonpost.com/technology/2024/04/23/tiktok-ban-senate-vote-sale-biden/
Congress passes bill that could ban TikTok after years of false starts
Quick Glance: San Francisco's Real Estate Market in Turmoil
  • The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.

  • In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.

  • Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'

  • San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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Czechs buy weapons manufacturer Steyr Arms: The weapons manufacturer from Upper Austria, known for the StG 77, has been taken over by a Czech investor.
diepresse.com/18400341/tschechen-kaufen-waffenhersteller-steyr-arms
Czechs buy weapons manufacturer Steyr Arms
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Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
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Drones sent by Ukraine's SBU security service struck two Rosneft-owned oil depots in Russia's Smolensk region in an overnight attack ... Show more   www.reuters.com/world/europe/ukrainian-drones-struck-two-rosneft-oil-depots-attack-kyiv-source-says-2024-04-24/