Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day. Here's what we're watching this hour. First up, how far can the tech trade run. We'll discuss with Dan Ies of Wed Bush. Plus, big banks gear up for earnings. We'll preview what to watch. and we sit down with the incoming CEO of Plug Power to discuss the state of the business, its stock rally, and more. First up, let's take a look at what's going on in stocks here today. Right now, we've got the Dow trading higher by abou ...

Group 1 - Rivian Automotive and Lucid Group are two start-up electric vehicle companies that emerged during a growing EV market, but their paths to sustainable success are uncertain [1][2] - Lucid focuses on the luxury segment with high-priced models, while Rivian targets the electric pickup truck and SUV market, indicating different consumer strategies [2][4] - Lucid's high starting price for its Air sedan, over $70,000, limits its market reach, and its production expectations for 2025 are only between 18,000 and 20,000 vehicles [4][5] Group 2 - Lucid's slow ramp-up in production and sales has contributed to its stock struggles, with significant operational losses of approximately $1.5 billion in the first half of 2025 [6] - Despite current losses, Lucid has financial backing from Saudi Arabia's sovereign wealth fund and a recent $300 million investment from Uber, which will support a luxury robotaxi program [7] - Rivian appears to be better positioned for long-term survival and growth compared to Lucid [8]

And it’s not just the Honda Prologue. While all cars lose value the moment they're driven off the lot, EVs lose their value faster than gas-powered cars. In fact, EVs depreciate 58.8% over five years, according to iSeeCars, compared to 45.6% for all vehicles (including gas and hybrid cars). (2)Michelle and her husband currently owe $65,000 on a Honda Prologue, an electric SUV, but the market value on Kelley Blue Book is only $30,000 for a trade-in, according to Michelle. On their other car — which still has ...

Prospective customers confer with sales associates as a Model S sits on display in a Tesla showroom. (David Zalubowski / Associated Press) Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company's EV sales rose 7% in the three months through September compared to a year earlier, mirroring a spike in overall EV sales across the country. The $7,500 credit for new electric vehicles was eliminated on Sept. 30 by the Trump administra ...

“The idea of combining the electronic one and the manual one together into one button makes a lot of sense,” von Holzhausen told Bloomberg News. “That’s something that we’re working on.”Tesla is not the only automaker rejigging its calculus about what technology to put into its cars. In recent weeks, executives from The walk-backs offer the rare insight that despite immense pressure to constantly introduce the most advanced systems, sometimes automakers’ latest inventions are trying to fix problems that do ...

Core Insights - The company is experiencing stable business performance without significant downturns or recoveries in the industry, indicating resilience in consumer demand for boats [1][3] - Cash buyers remain strong in the market, while payment buyers are showing some reduction in activity [2][3] - The introduction of 11 new boat models this year has contributed to maintaining consumer interest and sales [3] Pricing and Tariffs - Tariffs have resulted in a price increase of approximately 1.5% to 3% due to impacts on suppliers, but the overall effect is manageable [4] - The company is actively working to offset these price increases to maintain competitiveness [4] Market Segmentation - Sales are steady across various price points, with a noted decline in value boats being compensated by increased sales of higher-end models, including boats priced up to $2 million [6][7] - The company plans to expand its offerings to include larger and more feature-rich boats in response to consumer preferences [8] Technology and Responsible Boating - The company is focusing on integrating advanced technology into boats to enhance user experience while promoting responsible boating practices [10][11] - Collaboration with industry organizations is ongoing to address concerns related to boating impacts on lakes and shorelines [11] Consumer Sentiment and Economic Policy - The company emphasizes the need for improved consumer confidence and sentiment to drive sales, indicating that current economic policies may not be resonating with consumers [13]

RT SMX 🇺🇸 (@iam_smx)That amazing moment when Elon Musk took former Japanese Prime Minister Shinzo Abe for a test drive in a Tesla Model S, and he absolutely loved it. ⚡️ https://t.co/lRFyfWhWn3 ...

Group 1 - The concept of "conscious capitalism" emphasizes serving all stakeholders, including employees, customers, communities, and shareholders, and is becoming a default expectation in business practices [2][7][8] - The S&P 500 has reached 27 record closing highs this year, with expectations initially low at the beginning of the year [2][36] - David Gardner, co-founder of The Motley Fool, has historically outperformed the S&P 500 by focusing on long-term investments in great companies rather than trying to time the market [3][4][28] Group 2 - Gardner advocates for a "buy high and try not to sell" strategy, suggesting that buying great companies at high valuations is preferable to waiting for dips [54][56] - The retail investor revolution has increased market participation, with individual investors playing a significant role in market dynamics through coordinated buying activities [22][24] - Companies like Amazon, Nvidia, and Tesla are highlighted as examples of "rule-breaking" companies that have consistently performed well despite being labeled as overvalued at times [42][47][63] Group 3 - Gardner emphasizes the importance of investing in companies with strong brands, innovative capabilities, and positive workplace cultures, which are often not reflected in traditional financial metrics [50][51][64] - The discussion includes the potential for market corrections, with Gardner noting that historical annualized returns of the stock market account for various market downturns [26][28][39] - The focus on long-term investment strategies is reinforced, with the idea that investors should remain committed to their holdings through market fluctuations [31][34][39]

Group 1 - The Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 4% to 4.25% and signaled the possibility of two more rate cuts this year [6][10][42] - The decision was not unanimous, with Steven Myron dissenting in favor of a 50 basis point cut, indicating differing views within the Federal Open Market Committee [6][36][72] - The Fed's economic projections show an upgraded GDP growth outlook of 1.6% for this year, with inflation expected to remain at 3.1% before decreasing to 2.6% next year [7][8][46] Group 2 - The Fed acknowledged a cooling labor market, stating that job gains have slowed and the unemployment rate has edged up, which influenced their decision to cut rates [9][105][106] - The Fed's approach is characterized as risk management, aiming to address potential downside risks to the labor market while still monitoring inflation [20][76][106] - The market reacted positively to the rate cut, with the Dow Jones Industrial Average rising by approximately 1% following the announcement [15][97][100] Group 3 - The dispersion in the Fed's dot plot indicates a wide range of expectations among officials regarding future rate cuts, reflecting uncertainty in the economic outlook [21][76][81] - Fed Chair Jerome Powell emphasized the importance of maintaining independence and making decisions based solely on incoming data, despite political pressures [108][109] - The Fed's focus on the labor market and inflation suggests a cautious approach moving forward, with future rate decisions being data-dependent [11][78][82]

Core Viewpoint - Tesla has reached a conditional settlement in a lawsuit related to a fatal crash involving its Autopilot system, avoiding a jury trial just weeks before it was set to begin [1][2]. Group 1: Settlement Details - The settlement documents were filed in Alameda County Superior Court, and the specifics of the settlement remain confidential as per the family's attorneys [2]. - The lawsuit involved a 15-year-old boy who was killed in a 2019 collision when a Tesla Model 3 rear-ended his father's pickup truck while Autopilot was engaged [8][9]. Group 2: Previous Legal Context - This settlement follows a recent Florida federal jury verdict that found Tesla partly responsible for a separate Autopilot-related crash, resulting in $329 million in total damages, with Tesla liable for $242.5 million [3]. - Tesla's legal team has criticized the Florida verdict, arguing that the driver, not the Autopilot system, was responsible for the crash [4]. Group 3: Autopilot Technology - Tesla's Autopilot system allows vehicles to steer, switch lanes, brake, and accelerate independently, but the company emphasizes that it is intended for use with an attentive driver ready to take control [5]. - The California lawsuit accused Tesla of negligence and design defects in its Autopilot technology, while Tesla contended that the driver was responsible for the vehicle's operation [9][10]. Group 4: Legal History - Tesla has faced multiple lawsuits regarding its Autopilot system and has settled several cases, including a wrongful-death lawsuit from the family of an Apple engineer who died in a 2018 crash while using Autopilot [11].