Financial News

Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will ‌give one board seat to the activist investor's managing partner Jesse Cohn, ‌the company said on Wednesday. The board is being expanded to 11 members with the appointment of Cohn, ​who will also join the board's corporate governance and nominating committee, it added. Synopsys, which has a market valuation of about $100 billion and counts Tesla and Google parent Alphabet among its customers, has held discussions with Elliott, one of the industry's most powerful activists, ‌for roughly two months.

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select

Shares of Nio (NYSE:NIO) are up 10% in midday trading Wednesday, lifting the stock to $5.75 from a prior close of $5.26. The pop snaps a rough stretch after a recent slide of 15% over the past month. The catalyst is product-driven. Nio’s flagship ES9 executive SUV began customer deliveries today, alongside a high-profile brand ... NIO Is Up 9% Today: Is It Outperforming Other EV Stocks Like Tesla and Rivian?

Shares of Nio (NYSE:NIO) are up 10% in midday trading Wednesday, lifting the stock to $5.75 from a prior close of $5.26. The pop snaps a rough stretch after a recent slide of 15% over the past month. The catalyst is product-driven. Nio’s flagship ES9 executive SUV began customer deliveries today, alongside a high-profile brand ... NIO Is Up 9% Today: Is It Outperforming Other EV Stocks Like Tesla and Rivian?

Micron Technologies and SK Hynix joined the trillion-dollar club, which includes Apple, Meta and Tesla.

Investing.com -- A merger between Elon Musk's space exploration company SpaceX and his EV giant Tesla Inc. is inevitable and only a question of timing, according to early SpaceX investor Peter Diamandis.

Investing.com -- A merger between Elon Musk's space exploration company SpaceX and his EV giant Tesla Inc. is inevitable and only a question of timing, according to early SpaceX investor Peter Diamandis.

Looking for the most active stocks in the S&P500 index on Wednesday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.

European auto sales rose 7% in April as EV demand accelerated and Tesla, BYD, Geely and Chery expanded market share.

European auto sales rose 7% in April as EV demand accelerated and Tesla, BYD, Geely and Chery expanded market share.

The Chinese EV maker still has plenty of irons in the fire.

The Chinese EV maker still has plenty of irons in the fire.

(Bloomberg) -- A post-IPO merger between SpaceX and Tesla Inc. is inevitable and only a question of timing, because Elon Musk will want to consolidate control across his companies, according to early SpaceX investor Peter Diamandis.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadEx-President Biden Sues to Stop DOJ Sharing Interview TapesRuss

(Bloomberg) -- A post-IPO merger between SpaceX and Tesla Inc. is inevitable and only a question of timing, because Elon Musk will want to consolidate control across his companies, according to early SpaceX investor Peter Diamandis.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From Kyi

Public opposition is soaring even before AI is a net job killer. Elon Musk and other tech leaders are proposing safety net changes and AI token taxes to head off more-radical ideas.

Public opposition is soaring even before AI is a net job killer. Elon Musk and other tech leaders are proposing safety net changes and AI token taxes to head off more-radical ideas.

Scott Melker discusses a massive $1.29 billion dark pool trade of BlackRock's bitcoin ETF, Donald Trump's endorsement of the CFTC regulating crypto prediction markets, Tom Lee's BitMine executing its largest ethereum purchase of the year, and other big crypto headlines of the day. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Scott Melker discusses a massive $1.29 billion dark pool trade of BlackRock's bitcoin ETF, Donald Trump's endorsement of the CFTC regulating crypto prediction markets, Tom Lee's BitMine executing its largest ethereum purchase of the year, and other big crypto headlines of the day. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Scott Melker discusses the $1.29 billion dark pool trade on BlackRock's iShares Bitcoin Trust ETF (IBIT) amid outflows. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

After two big down years, Tesla has easy comparisons in Europe. But up is up. Tesla stock is nearing a buy point.

Laffont's fund, Coatue Management, eliminated or reduced several of its notable tech and artificial intelligence positions in the first quarter of the year.

Laffont's fund, Coatue Management, eliminated or reduced several of its notable tech and artificial intelligence positions in the first quarter of the year.

Stock Market Today: The Dow Jones index rose Wednesday as oil prices continued to tumble. Micron stock surged in morning trading.

Electric and hybrid demand helped lift April car registrations across the EU.

Electric and hybrid demand helped lift April car registrations across the EU.

Tesla Sees Explosive Europe Growth as EV Registrations Jump 38%

Tesla Sees Explosive Europe Growth as EV Registrations Jump 38%

Helping were sales data from Europe that showed Tesla sold 10,654 cars in April, up 46.5% year over year. It’s been a strong year for European EV sales, amid higher oil prices. In 2025, Tesla sold 238,656 vehicles in Europe, down 26.9% year over year.

Here’s a prediction worth marking on the calendar: Tesla (NASDAQ:TSLA) CEO Elon Musk will become the world’s first trillionaire on June 12, the reported IPO date for SpaceX. The catalyst is easy to figure out: SpaceX’s public debut will, for the first time, place a continuously quoted market value on the largest single component of ... Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th