Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
Elon Musk could occupy space in the Eisenhower Executive Office Building next to the West Wing to head up the newly created Department of Government Efficiency, known as DOGE.
Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.
President Joe Biden’s warnings Wednesday night about social media misinformation, the tech-industrial complex and the concentration of wealth and power struck many as a not-so-subtle shot across the bow at Elon Musk,
Days after fawning over what tech magnate Elon Musk’s deep pockets could do for the MAGA movement, Steve Bannon went berserk on the world’s richest man and vowed to limit his White House influence.
"Magnificent Seven" stocks — the market darlings responsible for more than half of the S&P 500’s ( ^GSPC) 25% return in 2024 — may be poised for further gains as President-elect Donald Trump returns to the White House.
While thanking a crowd following President Trump's inauguration, Musk put his hand to his heart and raised it up at an angle that had many googling "nazi salute."
Over the course of the first trading day of his presidency, major indices rose, several—but not all—megacap tech stocks saw their share prices increase. Nvidia, whose market cap surpassed Apple’s last year,
Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term.
At noon today, Donald Trump took the presidential oath for a second time, capping a historic political comeback to the White House. As he did on the campaign trail, Trump painted a dark picture of America and took aim at President Joe Biden's leadership as his predecessor sat just steps away.
From the stock market impact to tariffs and inflation, what will Trump's second term mean for your money? The team at MoneyWeek is reporting live.