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More bad news for Musk as Tesla deliveries miss mark again
Sky News· 2025-07-02 19:01
Group 1 - Tesla's deliveries from April to June totaled 384,122, marking a 13.5% decline compared to the same period last year, indicating a continued slump in production [1] - Wall Street analysts had anticipated approximately 1,000 more deliveries than reported, highlighting a significant shortfall in expectations [1] - Tesla's profits for the first quarter fell by 71% to $409 million from $1.39 billion, with revenues dropping 9% to $19.3 billion, which were also below forecasts [9] Group 2 - Despite the negative delivery figures, analysts at Wedbush expressed optimism about Tesla's future, citing advancements in autonomous driving, robotics, and other technologies as key growth drivers [6] - The stock price of Tesla experienced a 5% decline earlier in the week but rebounded with a 4.5% increase on Wednesday, suggesting some recovery in investor sentiment [6] - The upcoming financial details for Tesla are expected to be published later this month, which may provide further insights into the company's performance [7]
网络状况监测网站DownDetector:截至美国东部时间上午11:34,超过15,815名用户报告Instagram出现问题。
news flash· 2025-07-02 16:02
网络状况监测网站DownDetector:截至美国东部时间上午11:34,超过15,815名用户报告Instagram出现问 题。 ...
How AI-Generated Influencers Are Earning Millions
CNBC· 2025-07-02 16:00
Hi, Bloo. Nice to meet you, Zach. This is Bloo, an AI generated YouTuber with millions of fans and a growing media empire.I'm a virtual influencer with a big and fun personality. I'm all about good vibes and engaging content. And I'm built by humans, but boosted by AI.And here to keep my millions of viewers worldwide entertained and keeping. And keeping on coming back for more. Since launching, Bloo has pulled in over 700 million views, and Blue's creator says he's earned more than $1 million through YouTub ...
据网络状况监测网站DownDetector:用户报告显示,社交媒体平台“X”在美国出现问题,报告数量超过5,500条。
news flash· 2025-07-02 14:05
据网络状况监测网站DownDetector:用户报告显示,社交媒体平台"X"在美国出现问题,报告数量超过 5,500条。 ...
RDDT CLASS ACTION: A Class Action was filed against Reddit, Inc. for Securities Fraud -- Contact BFA Law by August 18 Legal Deadline (NYSE:RDDT)
GlobeNewswire News Room· 2025-07-02 12:46
Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., et al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit downplayed the negative impact of Google's AI on its user growth, which has been significant as users can find answers directly through Google without visiting Reddit [3][4]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. Group 3: Stock Performance - Following the announcement of a slowdown in daily active user growth on May 1, 2025, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, after an analyst cut the stock price target due to concerns over Google's AI, Reddit's stock dropped by $9.79, or over 9%, from $105.64 to $95.85 per share [6].
Mike Lindell Media Corporation (OTC: MLMC) VOCL Launches Game-Changing Creator Features: Streaming, Go Live, Live Chat, Premieres, Dedicated Shows Feed & Monetization
Globenewswire· 2025-07-02 10:00
VOCL is not just another social platform—it's a mission-driven movement by the Mike Lindell Media Corporation empowering creators, elevating truth, and building real community.Chaska, MN, July 02, 2025 (GLOBE NEWSWIRE) -- Mike Lindell Media Corporation (OTC: MLMC) VOCL Launches Game-Changing Creator Features: Streaming, GoLive, Live Chat, Premieres, Dedicated Shows Feed & Monetization. VOCL is not just another social platform—it's a mission-driven movement by the MikeLindell Media Corporation empowering cre ...
Billionaire David Tepper of Appaloosa Is Selling Nvidia, Amazon, and Meta Platforms, and Absolutely Piling Into a Stock Where the Addressable Market Can 10X by 2033
The Motley Fool· 2025-07-02 07:06
Core Insights - Appaloosa's billionaire chief, David Tepper, is reducing exposure to major tech stocks in favor of a high-growth stock with double-digit growth potential [6][7] - Tepper's recent selling activity includes significant reductions in positions in Nvidia, Meta Platforms, and Amazon, which may indicate profit-taking or concerns about potential downside risks in the AI sector [8][9][11] - Tepper has made a substantial investment in Lyft, increasing his stake by 1,825% over the past year, indicating confidence in the ride-sharing market's growth potential [15][18] Investment Strategy - Tepper's fund has been actively selling positions in the "Magnificent Seven" tech stocks, including a 3% reduction in Alphabet's Class C shares and purchasing put options on Apple [7][8] - The decision to sell may be influenced by valuation concerns, particularly with Nvidia's high price-to-sales ratio of over 26, which is more than double its peers [11][12] - Lyft's improved key performance indicators, including a 16% increase in total rides and 11% growth in active riders, have made it an attractive investment compared to competitors like Uber [18][20] Market Trends - The global ride-sharing market is projected to grow significantly, with estimates suggesting a rise from $87.7 billion in sales in 2025 to over $918 billion by 2033, reflecting a compound annual growth rate of 21% [17] - Lyft is diversifying its revenue streams through digital advertising, which could enhance its margins and overall profitability [21][22] - Despite Lyft's recent success, concerns remain about its ability to navigate potential economic downturns [22]
Jim Cramer explains how Microsoft, Meta and Nvidia led the Mag 7 pack in the first half of 2025
CNBC· 2025-07-01 23:04
Core Viewpoint - Three megacap tech companies, Microsoft, Nvidia, and Meta, have achieved all-time highs in the first half of the year, outperforming their peers in the "Magnificent Seven" group [1] Group 1: Microsoft - Microsoft initially disappointed Wall Street in January with lower-than-expected growth in its Azure cloud business [2] - By the end of April, Microsoft reported a 33% growth in its cloud segment, exceeding expectations and contributing to its stock reaching new highs [2] Group 2: Nvidia - Nvidia faced challenges at the beginning of the year due to concerns over competition from Chinese startup DeepSeek and a decline in stock price following U.S. government restrictions on sales to China [3] - The stock rebounded significantly in the following months, driven by semiconductor superiority and strong demand from hyperscalers, indicating that the company's fundamentals remained strong [3] Group 3: Meta - Meta's stock performance was initially affected by the broader decline in growth stocks at the start of the year [3] - In April, Meta reported quarterly earnings that significantly exceeded estimates, showcasing the strength of its advertising capabilities [3]
Jeff Bezos sells $737 million worth of Amazon shares
CNBC· 2025-07-01 22:15
Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025.Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday.The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Amazon over a peri ...
RDDT Stockholders with Large Losses Should Contact Robbins LLP for Information About the Reddit, Inc. Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-07-01 20:35
SAN DIEGO, July 01, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or acquired Reddit, Inc (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025. Reddit is a social media platform and forum-style website where users share and discuss content through posts and comments. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investiga ...