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Amazon opens freight service to all businesses, challenging FedEx and UPS
Amazon launched its less-than-truckload (LTL) freight service for all businesses, expanding its Supply Chain Services division. The service previously limited...
Tesla Surges Past $400, Driven by JPMorgan Upgrade and AI Pivot
Tesla (TSLA) shares climbed above $400 as Wall Street sentiment shifted toward the company’s long-term growth strategy. Strengthening performance in China and...
China mandates stricter EREV standards, pressuring Li Auto and Seres
China released a revised national industry standard for range extenders used in electric vehicles (EREVs). The new regulations take effect on November 1, 2026....
JPMorgan upgrades Tesla to $475, citing robotics and autonomous driving potential
JPMorgan upgraded Tesla to Neutral from Underweight. Analysts led by Rajat Gupta raised the price target 227% from $145 to $475. The bank now values Tesla...
Tesla Resolves Syrah Graphite Standoff, Sending Shares Up 41%
Tesla has withdrawn its threat to terminate a graphite supply agreement with Australian producer Syrah Resources. This resolution ends a year-long standoff...
Tesla Resolves Graphite Supply Dispute, Sending Syrah Shares Up 41%
Tesla withdrew its threat to terminate a graphite supply agreement with Australian producer Syrah Resources. The resolution ends a year-long standoff...
Amazon launches AWS AI shopping tool, selling internal tech to rivals
Amazon Web Services (AWS) launched the AWS Agentic Shopping Assistant (ASA) to help retailers build custom AI tools. This service utilizes the same technology...
US Consumer Savings Plunge to 2.6%, Strained by Energy Price Shocks
US household financial health is deteriorating as the personal saving rate dropped to 2.6% in April. This figure represents the lowest level since before the...
Tesla registers 42 Texas robotaxis, trailing Waymo under new state law
Tesla registered 42 vehicles for its Texas robotaxi service, according to state DMV filings. Competitor Waymo received authorization for 577 vehicles in the...
Dollar Tree and Retailers Surge, Signalling Resilient US Consumer Spending
Dollar Tree (DLTR), Best Buy (BBY), and Kohl's (KSS) shares rallied after reporting quarterly results that exceeded analyst expectations. The consumer...
Dick's Sporting Goods Lowers Profit Outlook Despite Revenue Beat, Citing Foot Locker Integration
Dick's Sporting Goods (DKS) reported first-quarter results that beat revenue expectations but missed on earnings per share. The company lowered its full-year...
Tesla EU Registrations Surge 67%, Ending Year-Long Slump
Tesla (TSLA) new vehicle registrations in the European Union surged 67% year-over-year in April 2026. The European Automobile Manufacturers Association (ACEA)...
Tesla Confirms Grok Integration for FSD and Cybercab, Advancing AI Strategy
Tesla AI Senior Staff Engineer Yun-Ta Tsai confirmed the company uses xAI’s Grok to develop Full Self-Driving (FSD) and the upcoming Cybercab. This marks the...
Tesla Launches FSD in China, Unlocking New $9,400 Revenue Stream
Tesla officially launched its Full Self-Driving (Supervised) system in China. The rollout follows CEO Elon Musk’s recent visit to Beijing. The software costs...
Consumer Sentiment Hits Record Low 44.8, Driven by Gas Price Surge
The University of Michigan’s Consumer Sentiment Index fell to an all-time record low of 44.8 in May 2026. This final reading dropped from 49.8 in April and...
U.S. Consumer Sentiment Hits Record Low on Surging Gasoline Prices
The University of Michigan’s final May Consumer Sentiment Index fell to 44.8. This figure represents a downward revision from the preliminary 48.2 reading and...
Tesla Launches FSD Subscriptions in Germany and Sweden, Targeting Recurring Revenue
Tesla launched its Full Self-Driving (FSD) subscription service in Germany and Sweden on May 22, 2026. Owners can now activate the Supervised FSD feature for a...
Tesla launches FSD subscriptions in Germany and Sweden, targeting recurring revenue
Tesla launched Full Self-Driving (FSD) Supervised subscriptions in Germany and Sweden. The service became available on May 22, 2026. Owners in both nations...
Ross Stores Surges 7%, Raising Outlook After Crushing Q1 Earnings Estimates
Ross Stores (NASDAQ: ROST) shares jumped approximately 7% in extended trading on May 22, 2026. The off-price retailer reported first-quarter GAAP earnings of...
SpaceX S-1 reveals 19 million Tesla-owned shares, pressuring Tesla stock
SpaceX released its S-1 filing on May 22, 2026, detailing extensive cross-holdings with Tesla. The prospectus confirms Tesla owns nearly 19 million Class A...