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Advantage Renewables has acquired three early-stage battery energy storage system (BESS) projects in Michigan from 5 Rivers Energy, emphasizing the critical role of energy storage in the ongoing energy transition. This strategic acquisition highlights Advantage Renewables' commitment to enhancing grid resilience and integrating renewable resources in the Midwest. As Michigan aims for 100% carbon neutrality by 2050, the development of these BESS projects is expected to significantly contribute...

It needs to achieve growth on multiple fronts, but most of the steep valuation is rooted in one particular business's potential.

(Bloomberg) -- Wall Street’s appetite for weight-loss drug stocks over the past four years has powered Eli Lilly & Co. to consistently trade above $1,000 per share. Now, some see the pharma giant’s stock as primed for a split.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 5

Tesla Inc. investor Gary Black criticized what he called a "polarized" debate around the stock, arguing that bulls attack anyone who questions the company’s valuation or performance. Black Rebukes Tesla Bulls Over Online Attacks "Many $TSLA bulls resort to attacking...

Elon Musk’s SpaceX today reports its first quarterly earnings as a public company. In the wake of its post-IPO stock drop and Tesla’s negative quarterly cashflow, what can investors expect? 🎧 The latest episode of the Tech News Briefing podcast gets into all of that.

Tesla and SpaceX have a lot of overlap. Both companies are all about AI and, of course, both are run by Elon Musk.

Chinese robot maker Unitree Technology is expected to be valued ‌at more than 50 billion yuan ($7.4 billion) after its planned ‌Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial ​public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by ‌Reuters, is largely seen ⁠as guidance ahead of Wednesday's IPO price enquiry.

Tesla (TSLA) is back in focus after a rocky second quarter, as investors weigh softer earnings against record vehicle deliveries, fast growing revenue, and increasingly visible bets on autonomy and robotics. See our latest analysis for Tesla. Tesla’s share price has been volatile this year, with a 1 day share price return of 3.49% and a 7 day share price return of 4.76% following weaker Q2 earnings, a sharp 30 day share price decline of 18.14%, and a year to date share price decline of...

Early trading in SpaceX stock has been wild. Coming into earnings, SpaceX stock was down 15% from its $135 IPO price and 43% from its record closing high of $201.80, reached on June 16. Recent short selling will only add to the SpaceX post-earnings volatility.

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

Amazon posted its biggest rally since 2012 after AWS revenue surged to $42.2 billion, while Microsoft's Copilot adoption doubled to 30 million users.

SpaceX is due to release its first earnings report as a public company after the close today. Here’s what to look for in its second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.

Elon Musk’s net worth continued to plunge this week as shares of his two flagship companies, Tesla and SpaceX, retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX’s upcoming earnings report. Elon Musk Net Worth is Down...

Aswath Damodaran warns smaller AI stocks face a shakeout as Big Tech's cash flow protects Magnificent Seven giants.

Tesla shares experienced a resurgence on Monday, Aug. 3, as investors accelerated last week's post-earnings rally. But analysts at Stifel Nicolaus, one of the biggest Tesla bulls on Wall Street, are going the opposite way. Since they dipped slightly below the stock's support level at $300, shares ...

As Tesla's automotive momentum slows, General Motors and Ford are emerging as serious EV contenders. But one is clearly ahead.

Wall Street's Magnificent Seven -- Apple, Nvidia, Alphabet, Microsoft, Amazon, Meta Platforms, and Tesla -- are quickly losing their luster.

Elon Musk became the world’s first trillionaire earlier this year with the SpaceX IPO adding to his net wealth. While Musk’s net worth has dropped with a declining stock price for both SpaceX and Tesla Inc, he remains head and...

Investors in Elon Musk's space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects. Part visionary engineer, part stock salesman, Musk is likely to be asked about when he expects to finish testing SpaceX's giant Starship rockets that NASA hopes to use to put men on the moon again, his plans for its satellite network and the prospects of putting football-field sized datacenters in orbit.

Earnings season is in full swing, and one common theme that spooked investors: cash burn.

Rivian surprised the market by slashing capital expenditure guidance.

<p>MAGS, MGK and QQQ are the three ETFs that hold all seven Magnificent 7 stocks. Compare their weights, fees and 2026 returns to find the right fit.</p>

Tesla extended its recovery as investors looked beyond a federal investigation involving Model 3 and Model Y suspension failures.

SpaceX is due to release its first earnings report as a public company Tuesday. Here’s what to look for in the company’s second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.

Here's a look at the Magnificent Seven tech stocks, which are on quite a roll. The megacap stocks have added about $800 billion in market cap today alone, adding to about $1.1 trillion over the past two trading sessions, according to Dow Jones Market Data.

A reset in expectations around the robotaxi rollout might be good for the stock in the medium term.

Ark's latest trades reveal a sharper bet on frontier technology

Tesla's biggest growth promises now need financial proof

Every hyperscaler pays NVIDIA a massive toll to compete at the AI frontier, but one Mag 7 giant has quietly built an escape route that the others lack. The answer comes down to who actually owns the silicon running their biggest bets.

Cathie Wood Bets Big on SpaceX as She Adds Millions to Tesla and CoreWeave