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Tech stocks looked set to rise on Wednesday as investors bought the dip ahead of President Donald Trump’s summit with China's premier Xi Jinping in Beijing. The three major indexes all slid on Tuesday after the April consumer price index report showed inflation picked up faster than expected last month. The market will be keeping a close eye on Trump’s trip to China, with the two leaders expected to discuss trade and the Iran war.

A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI President Greg Brockman "looted" OpenAI's nonprofit structure through their partnership with Microsoft Inc. (NASDAQ:MSFT) for personal benefit. Here are the top 5 moments from Altman’s Tuesday testimony. Runn

Tesla (TSLA) is back in the spotlight after a mix of upbeat Q1 results, expanding battery projects, and solid international sales, alongside fresh concerns around Full Self-Driving approvals, robotaxi delays, and execution risk. See our latest analysis for Tesla. Recent headlines around Q1 earnings, robotaxi rollout updates, and efforts to secure Full Self-Driving approvals in China and Europe have gone hand in hand with a 22.99% 30 day share price return. The 1 year total shareholder return...

Gov. Gavin Newsom (D-CA) on Tuesday decried the slowdown in America’s EV push, slamming President Donald Trump and the Republican Party for allowing China to take the lead in the global EV sector. ‘China Stronger Than Ever,’ Says Gavin Newsom In a post on the social media platform X, Newsom’s official Press Office handle lamented the current EV scenario. “Before Donald Trump, America was on a path to beat China,” the post said, outlining strong EV manufacturing and supply chains, as well as “goo

Florida Gov. Ron DeSantis (R) on Tuesday drew attention to a reported Tesla Inc. (NASDAQ:TSLA) Cybercab sighting in Miami, saying he was curious how the autonomous vehicle would perform on city streets and how residents would respond. DeSantis Reacts To Miami Cybercab Sighting DeSantis reposted a clip on X that appeared to show a Cybercab stopped at a traffic signal in Miami. "Cybercab in Miami. Be interesting to see how it performs and how locals react," the Republican governor wrote. Cybercab

Nvidia CEO Jensen Huang has joined over a dozen U.S. CEOs on ‌President Donald Trump's visit to China this week. Trump called Huang last-minute ‌on Tuesday after seeing media coverage that he was not invited, according to one source ​familiar with the matter. Huang was seen by White House reporters boarding Air Force One in Alaska, joining Trump on his flight to China.

Major U.S. indices closed Tuesday on a mixed note, with the Dow Jones Industrial Average gaining 0.11% to 49,760.55. Meanwhile, the S&P 500 slipped 0.16% to 7,400.96 and the Nasdaq dropped 0.71% to 26,088.20. These are the top stocks that gained the attention of retail traders and investors through the day: Oklo Inc. (NYSE:OKLO) Oklo shares fell 5.76% to close at $73.63, with an intraday high of $76.68 and a low of $70.30. In the after-hours trading, the stock fell 2.89% to $71.50. Oklo reported

Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.

Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.

Focus is on the April wholesale inflation report in the wait for pdates on US-Iran talks and Trump's trip to China.

US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.

US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.

President Trump is visiting Beijing this week to meet with Chinese President Xi Jinping, bringing along several Big Tech CEOs like Tesla's (TSLA) Elon Musk and Apple (AAPL) chief executive Tim Cook as part of the US delegation. KraneShares CIO Brendan Ahern comes on Market Domination Overtime to talk about China's progress and position in the current tech landscape, especially as foreign companies invest more into AI ventures, clean energy, and robotics.

The Nasdaq fell as AI and chip stocks retreated, but they came off lows. Investors need sell rules for big AI winners such as Sandisk, Micron and Intel.

Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.

OpenAI CEO Sam Altman faced questions related to accusations of lying and deciving the company's board as part of Elon Musk's suit againt the him.

Exploring the Strategic Moves of ARK's Founder in Q1 2026

OpenAI CEO Sam Altman took the stand in Elon Musk's lawsuit against the company on Tuesday.

Perhaps Elon Musk's greatest and most valuable attribute as Tesla's CEO is getting investors to stick with him as his company works through the details of his grand declarations. The $40,000 Cybertruck, Tesla Cybercab, and Roadster all represent promises made, and broken, by Musk in recent years, ...

US stocks (^DJI, ^IXIC, ^GSPC) are mixed ahead of Tuesday's market close as the Nasdaq Composite drops by over 1%, pushed lower by declines in chip stocks. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the market reaction to the April Consumer Price Index (CPI) report released this morning.

Blink narrows Q1 loss to 6 cents and beats estimates as costs fall and service revenues surge, but $20.8M sales miss signals mixed execution.

By Nichola Groom LOS ANGELES, May 12 (Reuters) - U.S. prosecutors cast prominent short seller Andrew Left as an opportunist who profited by scaring retail investors, while his defense said Left

Tesla (NasdaqGS:TSLA) has outlined a Terafab semiconductor facility in Texas focused on AI and autonomy chips. The company is working with SpaceX and Intel on advanced chip production to support self-driving and AI workloads. Tesla is raising capital expenditure on AI compute and humanoid robotics while planning to double battery cell capacity at its Berlin factory. Regulators closed a U.S. Model Y steering probe without recall, while China and Europe move through key steps on Full...

<body><p>STORY: It’s a who’s who of the business world heading to China with U.S. President Donald Trump this week as he meets with Chinese President Xi Jinping.&nbsp;</p><p>Elon Musk, Apple’s Tim Cook and others will make the trip, according to a White House official.</p><p>Sources say the companies hope the summit will generate enough political goodwill to unlock regulatory approvals, market access and investment opportunities.</p><p>One of the sources said a critical precondition for companies to join the trip was having a (QUOTE) "tangible ask" that promised a concrete outcome or handshake deal during or after the summit.</p><p>None of the companies responded to requests for comment on their goals for outcomes from the summit.</p><p>In Musk’s case, China is weighing curbs on exports of solar manufacturing equipment to the United States, which could threaten plans by Tesla to build new factories or expand existing ones to boost local production.</p><p>In March, Reuters reported that Tesla was looking to buy $2.9 billion of equipment for making solar panels from Chinese suppliers.</p><p>Tesla is also seeking Chinese regulatory clearance to expand the adoption of its Full Self-Driving assistance system in the world's largest auto market.</p><p>Boeing’s CEO Kelly Ortberg told Reuters last month that the U.S. plane maker was counting on the Trump administration to help unlock a long-awaited major order from China.</p><p>China and Boeing have been in prolonged talks for a deal that industry sources say could include 500 737 MAX jets, plus dozens of widebody jets powered by GE engines.</p><p>One CEO not making the trip is Nvidia’s Jensen Huang, a person familiar with the matter said on Monday.</p><p>Huang was not invited, the source said, with the White House focusing more on agriculture and commercial aviation matters on the current trip.&nbsp;</p><p>Nvidia has been pushing the administration to allow it to sell some of its AI chips to Beijing.</p><p>The White House did not immediately respond to a request for comment.</p></body>

Tesla rally alert: analyst sees massive upside from Optimus and AI beyond core EV value

Baron Capital's Ron Baron thinks Elon Musk's SpaceX could eventually be "the largest company on the planet" with a market capitalization of $30 trillion.

Jensen Huang will not join Trump's China trip as Nvidia's AI chip sales remain tied to export controls.

Panasonic forecasts 46 gigawatt hours of US battery demand

Shares of Tesla (NASDAQ:TSLA) are down roughly 5% intraday on Tuesday, trading near $423 and change after closing at $445 on Monday. The pullback arrives just as Tesla CEO Elon Musk prepares to join a business delegation to China, where Tesla’s pending Full Self-Driving (FSD) approval remains a multi-quarter overhang. The move snaps a powerful ... Tesla Sinks 5% as Musk Heads to China: Robotaxi Glitches, Battery Delays Test Investor Patience