Nio launched the Onvo L90 SUV, starting at RMB 279,900. Morgan Stanley reiterated a Buy rating, expecting the launch to be a catalyst. Nio shares rallied. Second-quarter sales expectations are $2.69B-$2.77B.
Chamath Palihapitiya suggests merging Tesla, SpaceX, and xAI into a unified entity focused on AI. This could create a transformative force spanning physical, digital, and extraterrestrial domains, leveraging 'industrial reasoning'.
Cobb reveals internal dynamics of Trump's management concerning Bondi, Patel, and Bongino. Potential resignations of Patel & Bongino could reshape the hierarchy after the Epstein case debate.
Tesla sets Nov 6, 2025, for its shareholder meeting amidst investor pressure over Elon Musk's pay package and political ventures. Scrutiny on CEO pay and company direction intensifies.
xAI's valuation jumps to $113B after acquiring X. Grok 4 surpasses GPT-4, Claude 4, and Gemini 2.5 Pro. Meta poaches AI talent. Musk's AI success stuns industry.
The annual Sun Valley retreat, hosted by Allen & Company, gathers top tech, media, and economic figures for deal talks, political discussions, and recreation. VIPs like Tim Cook, Jeff Bezos, and Mark Zuckerberg are expected.
Analysis of stock performance based on RSI and recent reports from Gaotu Techedu, Bright Horizons, and KinderCare. Includes expert ratings and price target adjustments.
Trump slams Musk's third party concept as a 'train wreck,' citing system flaws. Musk criticizes U.S. spending, escalating tension between MAGA and Silicon Valley. Political + Technological progression.
Attorney Abbe Lowell, who represented Kushner and Ivanka, warns Trump's actions could break the constitutional wall dividing courts and executive power, fearing for the system's resilience under pressure.
Key stock market movers include Northrop Grumman (defense), Johnson Controls (HVAC), Franco-Nevada (gold royalties), and Gilead Sciences (biotech). Investors eye earnings and new opportunities.
The Libertarian Party courts Elon Musk, suggesting he join them instead of forming a new party. His backing could significantly advance their cause, offering an established alternative to a new third-party venture.
Macron criticizes nations using tariffs as 'blackmail' amid EU-US trade tensions. White House defends tariffs as vital for rebuilding US production before a July 9 deadline. EU warns 'all options' remain open.
