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The Latest Breaking News from Elon Musk

Six new unicorns were minted in May and, yep, two of them were AI companies, Crunchbase data released earlier this week showed. While newly-minted AI unicorns is a predictable enough phenomenon these days, I was caught more off guard by this: Two of May’s new unicorns are in Web3.

Fortune

Morningstar report suggests 10 stocks to buy, including Tesla

Mutual fund activity offers insight into stocks to consider owning.

The Street

S&P 500 and Nasdaq 100 Fall from Record Highs as Chip Stocks Retreat

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. Stock indexes settled mixed on Thursday, with the Dow Jones Industrials posting a 4-week...

Barchart

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Dow Jones Futures: S&P 500, Nasdaq Retreat As AI Stocks Skid; Time To Sell Nvidia?

The S&P 500 and Nasdaq fell Thursday after briefly setting new highs. AI stocks are lower. Is it time to sell Nvidia?

Investors Business Daily

Elon Musk’s latest plan to add Venmo-like payments to X excludes crypto

New details have emerged of Musk’s plans to launch X Payments, part of a bid to create “an everything app.”

Fortune

In defence of the Environment Agency’s dedicated but overstretched staff

Letters: Loyal but underpaid | Extinction Rebellion | Ukraine and Elon Musk | Boris Johnson’s book | Rishi Sunak gets on a small boat

The Guardian - UK

SpaceX’s Portable Starlink Kit Gives You High-Speed Internet From a Backpack

SpaceX revealed the Starlink Mini kit, which gives you access to high-speed internet wherever you are and can fit inside a backpack.

Inverse

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Stocks are Mixed in Midday Trade

The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.71%. Stock indexes today are mixed, after the S&P 500 and Nasdaq 100 climbed to...

Barchart

Strength in Chip Stocks Underpins the Broader Market

The S&P 500 Index ($SPX ) (SPY ) today is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. Stock indexes today are mildly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Dow Ends Higher As Big Tech Stocks Retreat; Nvidia Has Bad Day, But Not As Bad As A Trump Stock (Live Coverage)

The Dow Jones led as the S&P 500 reversed lower and the Nasdaq sank on the stock market today. Nvidia waved the white flag after a new high.

Investors Business Daily

Should You Buy Tesla Stock for 1,329% Upside?

Tesla has created massive wealth for shareholders since its IPO, and might have game-changing upside potential, according to this Wall Street investor.

Barchart

Chip Stocks Rally to Push the S&P 500 and Nasdaq 100 to New Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. Stock indexes today are mildly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Elon Musk Is King In Billionaires Bitcoin Holdings List – Saylor Isn't In Top 20

In a surprising twist within the Bitcoiner circle, prominent BTC maximalist Michael Saylor isn't part of a new list that ranks at least 40 billionaires who own Bitcoin.

International Business Times

The Atomic Human by Neil Lawrence review – return of the Terminator

Tales of great men dominate this otherwise sensible study of intelligence versus AI

The Guardian - UK

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International Business Times

Elon Musk Defends Free Speech Stance Amid Advertiser Tensions

Last November, Musk had lashed out, telling advertisers to "go f— yourself" after several paused their spending on his platform X, citing concerns over ad placement next to controversial content.

The Independent UK

Elon Musk tries to walk back ‘go f*** yourself’ comments to woo advertisers who fled X

Musk insisted his message was only to advertisers who wanted to limit users’ freedom of speech

Kiplinger

How Does Your Pay Compare to Elon Musk’s?

Elon Musk's multibillion-dollar pay package puts inequality back in the spotlight.

The Guardian - UK

The disturbing online misogyny of Gamergate has returned – if it ever went away

While some of their language has changed the sentiment of this aggressive online movement is just as distressing. As one of their targets, I should know

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news in one place.

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Fortune

Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

International Business Times UK

Tesla Owners Fight Back: Lawsuit Alleges Elon's Company Forced High Pay And Long Wait Times For EV Repairs

The court revived a lawsuit against Tesla for allegedly monopolizing repairs and parts as Musk teased new models.

The Independent UK

Elon Musk’s Neuralink sued by staffer who claims she was exposed to herpes by infected lab monkeys

Ex-employee also claims she was fired after she told her superiors that she was pregnant

Fortune

Elon Musk selects Memphis for xAI's supercomputer site

It’s the largest single private-sector investment in the city’s history.

Fortune

Linda Yaccarino shares her biggest moment of imposter syndrome from her last year running Elon Musk’s X

Linda Yaccarino said the "best message I ever got of all time" was Elon Musk posting he had appointed a female CEO of X.

The Guardian - UK

Will Elon Musk’s incessant innuendo ever catch up with him?

The companies led by the boob-obsessed billionaire have faced a number of sexual harassment lawsuits. Why do his cult-like followers still consider him a genius?

Investors Business Daily

Tesla China Registrations Are Down 9% With Two Weeks Remaining In Q2; But Analysts Project Strong Global Tally

Tesla vehicle registrations in China are trailing last year's total with just two week's left in the second quarter.

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