Laura Bratton

3 weeks ago | aol.com | Laura Bratton

Tesla (TSLA) stock on Friday gained as much as 4.5% in early trade as investors looked for any signs of deescalation in the public spat between CEO Elon Musk and President Trump that resulted in Thursday's washout in Tesla that wiped more than $150 billion in value from the EV maker. White House aides told Politico and Reuters that a call was scheduled between President Trump and Musk for Friday, sparking optimism over a potential truce.

3 weeks ago | aol.com | Laura Bratton

Trump Media and Technology (DJT) took a key step toward launching a publicly traded crypto investment product Thursday morning. The newly formed Truth Social Bitcoin ETF business trust filed its S-1 with the US Securities and Exchange Commission to register the new exchange traded fund licensing Trump Media’s social media brand. The ETF will trade on the NYSE Arca. Thursday's filing is a significant step for Trump Media’s move into the cryptocurrency space.

3 weeks ago | aol.com | Laura Bratton

Apple (AAPL) stock was downgraded to Hold from Buy by Needham analysts who said the stock is overvalued amid growing AI competition. Analyst Laura Martin explained in a note to clients Wednesday that Apple is currently trading at a more expensive multiple than it has historically, just as the rise of generative AI threatens to disrupt the iPhone maker's businesses. Apple is currently the worst-performing stock of its "Magnificent Seven" Big Tech peers, down roughly 18% for the year.

3 weeks ago | aol.com | Laura Bratton

Nvidia (NVDA) was on pace to overtake Microsoft (MSFT) as the world’s most valuable company Tuesday, with the AI chipmaker’s market capitalization of $3.449 trillion eclipsing the software giant’s $3.4443 trillion during late afternoon trading. Nvidia stock has gained roughly 50% since hitting a 12-month low of just over $94 in early April, adding more than $1 trillion to the company’s market capitalization as investors pile back in to the so-called “Magnificent Seven” Big Tech stocks.

3 weeks ago | yahoo.com | Laura Bratton

Constellation Energy (CEG) stock soared 7% in early trading Tuesday after the nuclear power company announced that it had signed a 20-year agreement with Meta (META) as the social media giant's energy demands soar due to its AI data center expansion. Shares of Constellation Energy were already up 27% for the month after the company said in its first quarter earnings report in early May that it was making “tremendous progress” on new power agreements.