Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he...
Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Tesla’s Renewed Sales Elon Musk recently hit back at critics of the Tesla brand, who said that the EV giant’s sales would be damaged following Musk’s right-wing political activism and his association with President Donald Trump. The Model Y was also the best-selling car globally in 2023, 2024 and 2025. The vehicle also reached cumulative sales of over 4 million units. Tesla’s sales also grew in April in European markets like France and the Netherlands. Ferrari’s New EV According to Benzinga Edge Rankings, Tesla scores well on the Growth and Quality metric, while also providing a favorable price trend in the Short, Medium and Long term. Price Action: Tesla shares were up 0.41% at $435.35 during the aftermarket trading on Wednesday Check out more of Benzinga's Future Of Mobility coverage by following this link. Photo Courtesy: Mijansk786 on Shutterstock.com
Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he...
Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Read Also: Tesla Sales Rebound In Key European Markets, But Why Are Prediction Markets Still Bearish? Tesla’s Renewed Sales Elon Musk recently hit back at critics of the Tesla brand, who said that the EV giant’s sales would be damaged following Musk’s right-wing political activism and his association with President Donald Trump. Musk touted Tesla’s Model Y SUV as a best-seller across multiple markets worldwide, including the U.S. Notably, Tesla vehicles also emerged among the fastest-selling vehicles on the used market in the U.S. The Model Y was also the best-selling car globally in 2023, 2024 and 2025. The vehicle also reached cumulative sales of over 4 million units. Tesla’s sales also grew in April in European markets like France and the Netherlands. Ferrari’s New EV Meanwhile, Ferrari N.V. (NYSE:RACE) entered the EV space with its first-ever electric vehicle, the Luce, which is priced at $640,000 and is designed by former Apple Inc. (NASDAQ:AAPL) design head Jony Ive and his collective LoveFrom. The Luce features a 122 kWh battery pack and has a range of 330 miles with four motors at each wheel, providing 1,000 hp. According to Benzinga Edge Rankings, Tesla scores well on the Growth and Quality metric, while also providing a favorable price trend in the Short, Medium and Long term. Price Action: Tesla shares were up 0.41% at $435.35 during the aftermarket trading on Wednesday Read Also: Musk Toasts Tesla's US Lead—But BYD Is 3X Bigger Globally Check out more of Benzinga's Future Of Mobility cove...
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of May 26, 2026. The video was published on May 26, 2026. Continue reading
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of May 26, 2026. The video was published on May 26, 2026. Continue reading
Shares of Costco Wholesale (COST 2.50%) climbed to a record high near $1,096.50 last week, only to slide back to about $1,003 as of this writing -- a drop of more than 8% in just a handful of trading days. Even after the pullback, however, the membership-based wholesale retailer's stock is up sharply in 2026 and remains well ahead of the S&P 500's gain during this period. So, is this latest retrea...
Shares of Costco Wholesale (COST 2.50%) climbed to a record high near $1,096.50 last week, only to slide back to about $1,003 as of this writing -- a drop of more than 8% in just a handful of trading days. Even after the pullback, however, the membership-based wholesale retailer's stock is up sharply in 2026 and remains well ahead of the S&P 500's gain during this period. So, is this latest retreat a chance to buy one of retail's most dependable compounders? The business is speeding up Starting with the headline numbers from the company's fiscal second quarter of 2026 (the 12 weeks ended Feb. 15, 2026), Costco's net sales rose 9.1% to $68.24 billion, and net income climbed nearly 14% to $2.04 billion, or $4.58 per share. More telling, however, is the acceleration seen in Costco's business. Stripping out swings in gasoline prices and foreign exchange, Costco's adjusted comparable sales -- a measure of sales at warehouses open at least a year -- grew 6.7% in the quarter. That marks a step up from 6.4% in the prior quarter (the period ended Nov. 23, 2025). And the company's most recent monthly sales update shows similar momentum. Net sales jumped 13% in April (the four weeks ended May 3). With that said, a change in the timing of Easter benefited the month. But still, the acceleration is notable. Further, digitally enabled comparable sales (online and app-based orders) jumped more than 22% in the latest quarter -- far outpacing the warehouses and easing worries investors may have about Costco's ability to compete with Amazon's e-commerce business. Of course, one of the best parts of Costco's business is the reliability of its membership-based model. To this end, Costco's membership fee income rose 13.6% in the fiscal second quarter to $1.36 billion. And even after excluding the impact of a 2024 fee increase and currency effects on this growth rate, the underlying growth in membership fee income was about 7.5%. Further, renewal rates remain stellar, at 92.1% in the U.S....
For sharing news, please enter the email address of you and the receiver, then press SEND button. *Mandatory Fields Receiver * Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Your email address * Content Sharing UBS Lifts Micron Technology, Inc. (MU.US) TP to USD1,625, Raises Earnings Forecasts, Reiterates "Buy" UBS issued a report stating that as long-term supply agreement...
For sharing news, please enter the email address of you and the receiver, then press SEND button. *Mandatory Fields Receiver * Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Your email address * Content Sharing UBS Lifts Micron Technology, Inc. (MU.US) TP to USD1,625, Raises Earnings Forecasts, Reiterates "Buy" UBS issued a report stating that as long-term supply agreements (LTA) are now firmly established across most regions in the industry, the bank has again raised its forecasts for Mi...
Key Points Costco shares hit a record high last week before falling more than 8%. The wholesale retailer's adjusted comparable sales growth has been accelerating, not slowing. Even after the pullback, the stock trades at about 52 times earnings -- well above its long-term average. 10 stocks we like better than Costco Wholesale › Shares of Costco Wholesale (NASDAQ: COST) climbed to a record high ne...
Key Points Costco shares hit a record high last week before falling more than 8%. The wholesale retailer's adjusted comparable sales growth has been accelerating, not slowing. Even after the pullback, the stock trades at about 52 times earnings -- well above its long-term average. 10 stocks we like better than Costco Wholesale › Shares of Costco Wholesale (NASDAQ: COST) climbed to a record high near $1,096.50 last week, only to slide back to about $1,003 as of this writing -- a drop of more than 8% in just a handful of trading days. Even after the pullback, however, the membership-based wholesale retailer's stock is up sharply in 2026 and remains well ahead of the S&P 500's gain during this period. So, is this latest retreat a chance to buy one of retail's most dependable compounders? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The business is speeding up Starting with the headline numbers from the company's fiscal second quarter of 2026 (the 12 weeks ended Feb. 15, 2026), Costco's net sales rose 9.1% to $68.24 billion, and net income climbed nearly 14% to $2.04 billion, or $4.58 per share. More telling, however, is the acceleration seen in Costco's business. Stripping out swings in gasoline prices and foreign exchange, Costco's adjusted comparable sales -- a measure of sales at warehouses open at least a year -- grew 6.7% in the quarter. That marks a step up from 6.4% in the prior quarter (the period ended Nov. 23, 2025). And the company's most recent monthly sales update shows similar momentum. Net sales jumped 13% in April (the four weeks ended May 3). With that said, a change in the timing of Easter benefited the month. But still, the acceleration is notable. Further, digitally enabled comparable sales (online and app-based orders) jumped more than 22% in the latest quarter -- far outpacin...
Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he...
Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Read Also: Tesla Sales Rebound In Key European Markets, But Why Are Prediction Markets Still Bearish? Tesla’s Renewed Sales Elon Musk recently hit back at critics of the Tesla brand, who said that the EV giant’s sales would be damaged following Musk’s right-wing political activism and his association with President Donald Trump. Musk touted Tesla’s Model Y SUV as a best-seller across multiple markets worldwide, including the U.S. Notably, Tesla vehicles also emerged among the fastest-selling vehicles on the used market in the U.S. The Model Y was also the best-selling car globally in 2023, 2024 and 2025. The vehicle also reached cumulative sales of over 4 million units. Tesla’s sales also grew in April in European markets like France and the Netherlands. Ferrari’s New EV Meanwhile, Ferrari N.V. (NYSE:RACE) entered the EV space with its first-ever electric vehicle, the Luce, which is priced at $640,000 and is designed by former Apple Inc. (NASDAQ:AAPL) design head Jony Ive and his collective LoveFrom. The Luce features a 122 kWh battery pack and has a range of 330 miles with four motors at each wheel, providing 1,000 hp. According to Benzinga Edge Rankings, Tesla scores well on the Growth and Quality metric, while also providing a favorable price trend in the Short, Medium and Long term. Price Action: Tesla shares were up 0.41% at $435.35 during the aftermarket trading on Wednesday Read Also: Musk Toasts Tesla's US Lead—But BYD Is 3X Bigger Globally Check out more of Benzinga's Future Of Mobility cove...
Masahiro Kihara, President & Group CEO at Mizuho Financial Group, expects the BOJ to raise rates in June or July. He also discusses the outlook for business as the bank forecasts another year of profit growth. He speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Masahiro Kihara, President & Group CEO at Mizuho Financial Group, expects the BOJ to raise rates in June or July. He also discusses the outlook for business as the bank forecasts another year of profit growth. He speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)
India is undertaking tests of some of its most sensitive public-facing financial and government application software to better understand their vulnerabilities to Anthropic PBC’s next-generation Mythos AI model, according to Indian officials familiar with the matter. Indian technology giants Infosys Ltd. and Tata Consultancy Services Ltd. are among companies carrying out the tests of their softwar...
India is undertaking tests of some of its most sensitive public-facing financial and government application software to better understand their vulnerabilities to Anthropic PBC’s next-generation Mythos AI model, according to Indian officials familiar with the matter. Indian technology giants Infosys Ltd. and Tata Consultancy Services Ltd. are among companies carrying out the tests of their software for vulnerabilities in a secure environment to Mythos, the officials said, asking not to be identified because the discussions are private. Infosys in particular is looking to devise patches to its widely used Finacle banking software, they said. Separately, India’s state-run cybersecurity agency CERT-In is undergoing tests of key digital infrastructure including the Aadhaar national ID program and government login systems, said the officials. The companies, which don’t currently have access to Mythos, are using Anthropic’s Claude Opus 4.7 AI software to patch vulnerabilities, they said. Infosys and TCS didn’t respond to requests for comment. India’s Ministry of Electronics and Information Technology didn’t respond to a request for comment. Global Worries India’s risk assessments are the latest sign of unease among governments and corporate boardrooms around the world over Mythos, the powerful AI software developed by Anthropic to root out cybersecurity vulnerabilities, but which has raised global alarm over its own extraordinary ability to power potential cyberattacks. So far, Anthropic has limited access to Mythos to a select few companies including Apple Inc. and JPMorgan Chase & Co. , allowing them to use the technology to test their own cyberdefenses under an initiative called Project Glasswing. Governments and other companies around the world have petitioned the US for access to Mythos to help sniff out their own vulnerabilities. Read More: Inside Anthropic’s Race to Assess the Dangers of Mythos India is home to some of the world’s biggest software companies that pr...
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Micron Technology kicked off the trading week soaring to a new all-time high, as investors gobbled up shares following news that it officially started the full operations of its new $2-billion facility in Manassas, Virginia. In a statement late last week, Micron Technology Inc. (NASDAQ:MU) said that the faci...
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Micron Technology kicked off the trading week soaring to a new all-time high, as investors gobbled up shares following news that it officially started the full operations of its new $2-billion facility in Manassas, Virginia. In a statement late last week, Micron Technology Inc. (NASDAQ:MU) said that the facility, 1-alpha, is designed to produce DRAM to support the needs of critical industries, including automotive, defense and aerospace, industrial, networking, and medical devices. micron Photo from Micron Technology website The facility forms part of the company’s ambitious $200-billion expansion program and effectively generated 3,100 direct manufacturing and community jobs. “[This] achievement is an important step in Micron's $200 billion investment plan to expand memory manufacturing and [research and development] in the US,” said Micron Technology Inc. (NASDAQ:MU) Chairman and CEO Sanjay Mehrotra. "It reflects Micron’s enduring commitment to the customers and industries that depend on long-lifecycle memory for critical applications. We are proud to bring advanced 1α DRAM manufacturing to American soil, strengthening domestic supply for US customers and the global markets we serve,” he noted. Following the news, Micron Technology Inc. (NASDAQ:MU) saw its share prices climb to its highest price of $916.76 before trimming gains to end the session just up by 19.29 percent at $895.88 apiece. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey ...
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Micron Technology kicked off the trading week soaring to a new all-time high, as investors gobbled up shares following news that it officially started the full operations of its new $2-billion facility in Manassas, Virginia. In a statement late last week, Micron Technology Inc. (NASDAQ:MU) said that the faci...
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. Micron Technology kicked off the trading week soaring to a new all-time high, as investors gobbled up shares following news that it officially started the full operations of its new $2-billion facility in Manassas, Virginia. In a statement late last week, Micron Technology Inc. (NASDAQ:MU) said that the facility, 1-alpha, is designed to produce DRAM to support the needs of critical industries, including automotive, defense and aerospace, industrial, networking, and medical devices. micron Photo from Micron Technology website The facility forms part of the company’s ambitious $200-billion expansion program and effectively generated 3,100 direct manufacturing and community jobs. “[This] achievement is an important step in Micron's $200 billion investment plan to expand memory manufacturing and [research and development] in the US,” said Micron Technology Inc. (NASDAQ:MU) Chairman and CEO Sanjay Mehrotra. "It reflects Micron’s enduring commitment to the customers and industries that depend on long-lifecycle memory for critical applications. We are proud to bring advanced 1α DRAM manufacturing to American soil, strengthening domestic supply for US customers and the global markets we serve,” he noted. Following the news, Micron Technology Inc. (NASDAQ:MU) saw its share prices climb to its highest price of $916.76 before trimming gains to end the session just up by 19.29 percent at $895.88 apiece. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey ...