Tesla (NASDAQ:TSLA) sits below $400 after a sharp slide from December’s $489.88 peak, making the question of what to do here both immediate and contested. Tesla makes electric vehicles, sells energy storage, and is pivoting its valuation entirely onto autonomy and humanoid robotics. The stock now trades on Robotaxi miles, FSD subscriber growth, and Optimus ... Buy, Hold or Sell Tesla Stock Below $...
Tesla (NASDAQ:TSLA) sits below $400 after a sharp slide from December’s $489.88 peak, making the question of what to do here both immediate and contested. Tesla makes electric vehicles, sells energy storage, and is pivoting its valuation entirely onto autonomy and humanoid robotics. The stock now trades on Robotaxi miles, FSD subscriber growth, and Optimus ... Buy, Hold or Sell Tesla Stock Below $400 in May 2026?
cmart7327 Astera Labs' ( ALAB ) stock soared about 7% premarket on Wednesday after first-quarter results and outlook saw bullish reactions from analysts. J.P. Morgan kept its Overweight rating and increased the price target on the stock to $280 from $205. "Astera Labs drove strong results in the Mar-Qtr (better revenue/GM/OPM/EPS) driven by the continued ramp of its Scorpio “P” Series, PCIe [Perip...
cmart7327 Astera Labs' ( ALAB ) stock soared about 7% premarket on Wednesday after first-quarter results and outlook saw bullish reactions from analysts. J.P. Morgan kept its Overweight rating and increased the price target on the stock to $280 from $205. "Astera Labs drove strong results in the Mar-Qtr (better revenue/GM/OPM/EPS) driven by the continued ramp of its Scorpio “P” Series, PCIe [Peripheral Component Interconnect Express] Gen 6 retimers, initial production ramp of Scorpio X series, and the networking connectivity (AEC) Taurus product line as their cloud and hyperscaler customers continue to aggressively build out AI infrastructure. Building off a higher March quarter revenue base, the team guided for 17% Q/Q revenue growth in the June quarter (to $360M versus consensus at $310M), above ours and consensus expectations," said analysts led by Harlan Sur. The analysts noted that the company continues to drive strong shipments of Aries retimers, Scorpio "P" Series switches, and Taurus Active Electrical Cable, or AEC, products. A more significant volume ramp for Scorpio X is expected in the second half of 2026 (the analysts believe Amazon Trainium 3 XPU ramp). On the negatives, the analysts said that gross margins are still expected to come down another 200-300 basis points, or bps, in the second half of the year due to unfavorable stock-keeping units, or SKUs, mix within the Scorpio X product line and higher mix of hardware sales. The analysts added that as inference workload volume surpassed training workloads in the second half of last year, this has created more silicon opportunities as these workloads continue to evolve. Astera is already taking advantage of it (announced a custom CXL controller for KV cache applications), the analysts noted. AI inference is the process of running a trained AI model to produce predictions or conclusions on new, unseen data. "Overall, we believe Astera’s robust and expanding new product pipeline will continue to set a high...
cmart7327 Astera Labs' ( ALAB ) stock soared about 7% premarket on Wednesday after first-quarter results and outlook saw bullish reactions from analysts. J.P. Morgan kept its Overweight rating and increased the price target on the stock to $280 from $205. "Astera Labs drove strong results in the Mar-Qtr (better revenue/GM/OPM/EPS) driven by the continued ramp of its Scorpio “P” Series, PCIe [Perip...
cmart7327 Astera Labs' ( ALAB ) stock soared about 7% premarket on Wednesday after first-quarter results and outlook saw bullish reactions from analysts. J.P. Morgan kept its Overweight rating and increased the price target on the stock to $280 from $205. "Astera Labs drove strong results in the Mar-Qtr (better revenue/GM/OPM/EPS) driven by the continued ramp of its Scorpio “P” Series, PCIe [Peripheral Component Interconnect Express] Gen 6 retimers, initial production ramp of Scorpio X series, and the networking connectivity (AEC) Taurus product line as their cloud and hyperscaler customers continue to aggressively build out AI infrastructure. Building off a higher March quarter revenue base, the team guided for 17% Q/Q revenue growth in the June quarter (to $360M versus consensus at $310M), above ours and consensus expectations," said analysts led by Harlan Sur. The analysts noted that the company continues to drive strong shipments of Aries retimers, Scorpio "P" Series switches, and Taurus Active Electrical Cable, or AEC, products. A more significant volume ramp for Scorpio X is expected in the second half of 2026 (the analysts believe Amazon Trainium 3 XPU ramp). On the negatives, the analysts said that gross margins are still expected to come down another 200-300 basis points, or bps, in the second half of the year due to unfavorable stock-keeping units, or SKUs, mix within the Scorpio X product line and higher mix of hardware sales. The analysts added that as inference workload volume surpassed training workloads in the second half of last year, this has created more silicon opportunities as these workloads continue to evolve. Astera is already taking advantage of it (announced a custom CXL controller for KV cache applications), the analysts noted. AI inference is the process of running a trained AI model to produce predictions or conclusions on new, unseen data. "Overall, we believe Astera’s robust and expanding new product pipeline will continue to set a high...
A visit by Vietnam’s leader to India is set to enhance New Delhi’s growing influence with Hanoi while allowing the Southeast Asian country to hedge against China in the event of any escalation in maritime disputes. Vietnamese President To Lam’s trip underscores concerns from both countries of being “overly dependent” on any superpower, according to political analysts. Lam arrived in Delhi on Tuesd...
A visit by Vietnam’s leader to India is set to enhance New Delhi’s growing influence with Hanoi while allowing the Southeast Asian country to hedge against China in the event of any escalation in maritime disputes. Vietnamese President To Lam’s trip underscores concerns from both countries of being “overly dependent” on any superpower, according to political analysts. Lam arrived in Delhi on Tuesday for a three-day visit, marking his first trip to India since assuming office. The visit coincides...
anyaberkut/iStock via Getty Images Criteo ( CRTO ) shares fell 7.8% in premarket trading Wednesday, extending a difficult stretch that has seen the stock decline 29% through Tuesday’s close, even after the advertising technology company reported first-quarter results that topped Wall Street expectations. The operator of a global commerce media platform that helps brands, retailers and agencies del...
anyaberkut/iStock via Getty Images Criteo ( CRTO ) shares fell 7.8% in premarket trading Wednesday, extending a difficult stretch that has seen the stock decline 29% through Tuesday’s close, even after the advertising technology company reported first-quarter results that topped Wall Street expectations. The operator of a global commerce media platform that helps brands, retailers and agencies deliver targeted digital advertising across channels, beat analysts’ estimates for both revenue and earnings. Revenue came in at $425 million, above the consensus estimate of $248.1 million, while adjusted earnings were $0.73 a share, exceeding expectations of $0.56. Still, investors appeared focused on a sharp deterioration in profitability and a weakening outlook. Net income fell to $9 million, or $0.15 a share, from $40 million, or $0.66 a share, a year earlier. The company’s earnings before interest, taxes, depreciation and amortization declined significantly, with that metric dropping to $65 million from $92 million a year earlier. The 30% decline underscored margin pressure tied to lower contribution excluding traffic acquisition costs and increased investment spending. Retail media decline, client pullbacks raise red flags A key source of investor concern may be weakness in Criteo’s ( CRTO ) retail media segment, where revenue and contribution ex-TAC both fell roughly 31% year over year. The company attributed the drop largely to previously disclosed changes with two major clients that switched from managed services to self- service platforms, which created a $27 million headwind in the quarter. Performance media, the company’s larger segment, also showed signs of softness, with revenue declining 2% year over year. The outlook added to the cautious tone. Criteo ( CRTO ) said it expects contribution ex-TAC to decline at a low-single-digit rate for the full year on a constant currency basis, and forecast second-quarter contribution ex-TAC down as much as 11% year over yea...
The US Treasury anticipates keeping nominal note and bond sale sizes unchanged “for at least the next several quarters,” the department said in a quarterly statement on debt policy Wednesday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
The US Treasury anticipates keeping nominal note and bond sale sizes unchanged “for at least the next several quarters,” the department said in a quarterly statement on debt policy Wednesday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at why the continent’s main ports aren’t benefiting from rerouted shipping lines. And: Ugandan lawmakers clamp down on the opposition South Africa’s biggest city is in a financial crisis Egypt gets a new multi-billion-dol...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at why the continent’s main ports aren’t benefiting from rerouted shipping lines. And: Ugandan lawmakers clamp down on the opposition South Africa’s biggest city is in a financial crisis Egypt gets a new multi-billion-dollar monorail Passing By Africa is back on the map of global shipping — just not in the way it might have hoped. When the Strait of Hormuz shut in late February as the US-Israel war with Iran escalated, it triggered another dramatic rerouting of trade — echoing the disruption when Houthi attacks in the Red Sea’s Bab al-Mandeb Strait forced ships off the route in late 2023. This time, the shift was even more pronounced. Vessels carrying everything from oil and gas to fertilizers and containerized goods began sailing thousands of miles around the Cape of Good Hope, pushing traffic along the southern tip of Africa up by as much as 90%. Many would have expected at least some to stop off for refueling or crew changes, offering a windfall for the biggest ports. Instead, most are those destinations are watching the ships sail by . The reason is simple: capacity and incentives. Major hubs like Durban and Cape Town are struggling with congestion and operational bottlenecks . With longer routes already stretching schedules and raising costs, liners have little reason to linger. On the east coast, it’s even starker. Ports that rely on Suez traffic — such as Djibouti and Port Sudan — are losing out altogether, outcompeted by more efficient harbors in the Gulf and South Asia. The vessels that do stop are choosing smaller, more nimble operations. In Mauritius, bunker calls jumped 42% in March, with volumes rising even faster. Namibia’s Walvis Bay and Lüderitz are also scoring, along with offshore fueling hubs dotted across West Africa. It’s a reminder of where the continent sits in the gl...
Want real human feedback related to your search results? Google’s AI now fetches it for you. | Image by Google / The Verge Google is updating its AI Search features to make it easier for users to find information from sources they know and trust. One of the more notable changes introduces "a preview of perspectives" from firsthand sources like social media, Reddit, and other web forums, effectivel...
Want real human feedback related to your search results? Google’s AI now fetches it for you. | Image by Google / The Verge Google is updating its AI Search features to make it easier for users to find information from sources they know and trust. One of the more notable changes introduces "a preview of perspectives" from firsthand sources like social media, Reddit, and other web forums, effectively linking your search queries with online conversations around similar topics. Google says this update aims to address that "people are increasingly seeking out advice from others" when searching for information online. This will be relatable for anyone who's added "Reddit" to the end of Google Search terms to find experiences from real humans instead of SEO-optimized … Read the full story at The Verge.
Hi, it’s Fareed Sahloul in London, with a closer look at European dealmakers’ busy 2026. Also today, Saudi Arabia is deepening investment ties with the world’s second-largest economy. Today’s top stories Blue Owl’s Stack considers $30 billion Asia sale. Bayer buys US drugmaker Perfuse for up to $2.45 billion. Saudi PIF opens Shanghai office to facilitate China dealmaking. Atlas Arteria rejects IFM...
Hi, it’s Fareed Sahloul in London, with a closer look at European dealmakers’ busy 2026. Also today, Saudi Arabia is deepening investment ties with the world’s second-largest economy. Today’s top stories Blue Owl’s Stack considers $30 billion Asia sale. Bayer buys US drugmaker Perfuse for up to $2.45 billion. Saudi PIF opens Shanghai office to facilitate China dealmaking. Atlas Arteria rejects IFM’s $5.3 billion bid as too low. European march A confession to start—and hopefully my bosses aren’t reading this: it’s been a little hard to concentrate on mergers and acquisitions today. I’m still on a high from watching my football club Arsenal reach their first Champions League final in 20 years last night . It means the team will have a chance to win European football’s biggest prize in Budapest on May 30; it would be a historic achievement for the club founded around 140 years ago by munitions factory workers. But amid the lingering euphoria, and trying to figure out the cheapest way to travel to the Hungarian capital at the end of the month, the M&A headlines have kept rolling in as Europe’s dealmakers plot their own path to the history books. Fittingly, you also have go go back around two decades for the last time deal volumes in the region were running this hot. Let’s take a look at those numbers: the value of M&A involving European companies has risen 39% to more than $455 billion this year, data compiled by Bloomberg show. That really stands out when compared to other major regions. In the Americas, things are running at a far more modest (but still respectable when considering historical averages) 9% higher, and it’s a similar story in Asia Pacific. Europe is benefiting from strong deal-flow across a range of sectors, as evidenced by some of the transactions announced in recent days. On Wednesday, Germany’s Bayer agreed to acquire US eye-medicines maker Perfuse Therapeutics for as much as $2.45 billion, as it looks to strengthen its pipeline amid greater competit...
Gwengoat/iStock via Getty Images Executive Summary I'm sitting here at my desk doing my normal daily market research. A Bloomberg alert pops up. Gold rises over 3% first. Silver goes up 5%. At the same time, I am looking at the other screens and seeing oil down by approximately 6%. I also see that European stock futures have gone up sharply. On average they went up around 2%. Agar Capital, Bloombe...
Gwengoat/iStock via Getty Images Executive Summary I'm sitting here at my desk doing my normal daily market research. A Bloomberg alert pops up. Gold rises over 3% first. Silver goes up 5%. At the same time, I am looking at the other screens and seeing oil down by approximately 6%. I also see that European stock futures have gone up sharply. On average they went up around 2%. Agar Capital, Bloomberg The obvious question now is: what's happening? I start searching for some information in order to understand. While doing so I run into the most important piece of information: based on reports from two U.S. officials and other people familiar with the matter, there appears to be credible evidence to believe that the White House is getting ready to agree to a one-page memorandum of understanding (MOU) with Iran. The document would aim to end the war and create the foundation for further talks to establish long-term agreements on their nuclear program. The U.S. wants Tehran to respond to several critical issues within the next 48 hours within the next 48 hours. Axios reported this could represent the closest the parties have been to establishing an agreement since the fighting began. As many people who follow this situation know, the first big hurdle was met when on Tuesday President Trump halted his planned new U.S. military operation in the Strait of Hormuz to allow for negotiations with Iran . Immediately after this announcement, oil prices declined and both U.S. and European futures increased sharply. Investors seem to be buying risk assets because they believe that the probability of immediate escalation has decreased and therefore the Strait of Hormuz may open again soon. But the real question is different. Is the war really over? Can we trust this rally? Or is the market running too far ahead of politics? The Diplomatic Breakthrough A memorandum outlining the agreement would be a major step forward in eliminating all restrictions on shipping via the Strait of Hormu...