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Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transform the social media platform.

In 2023, investors have been hit with a barrage of news regarding recent advancements in artificial intelligence (AI) and potential breakthroughs on the horizon. The launch of ChatGPT provided evidence that next-level generative AI could be a game-changer and was the spark that i

Investors had another choppy week that highlights what could be a new normal for equity markets. Even reports that showed the pace of inflation is slowing weren’t enough to feed the bulls. That’s because investors are coming to grips with the idea of a hawkish pause by the Fed th

If you were asked how much money Ford Motor Company (NYSE: F) makes on each electric vehicle (EV) it manufactures, what would you guess?

Tesla ( NASDAQ:TSLA ) shares have shed 7% of their value over the past one month but are still up 36.4% year-to-date. The decline in the leading electric vehicle (EV) maker’s first-quarter earnings confirmed investors’ concerns about its aggressive price cuts impacting margins. Investors are also worried about the growing competition in the EV space from emerging players like BYD ( BYDDY ), Nio ( NIO ), Rivian ( RIVN ) as well as from legacy automakers like Ford ( F ) and General Motors ( GM ). Tesla bulls laud its scale and cost advantage, cutting-edge technology, and the financial muscle to support its expansion plans. However, some analysts remain wary about CEO Elon Musk’s claims about the company’s full-self driving (FSD) feature, the stock’s steep valuation despite intense rivalry in the EV market, and Musk’s distraction due to his other ventures. Meanwhile, Tesla recently hiked the prices of some of its models, addressing some concerns about aggressive price cuts.   Wall Street has a Moderate Buy consensus rating on Tesla based on 15 Buys, 11 Holds, and four Sells. The average price target of $202.84 implies 21% upside. Let’s now take a look at three emerging EV players and their growth potential. Nio (NYSE:NIO) Nio has been under pressure over recent quarters due to the disruption caused by the COVID-19 resurgence in China, rivalry in China’s EV market, and the price war triggered by Tesla. Nio’s deliveries in the first quarter increased on a year-over basis but declined sequentially. Additionally, deliveries grew over 31% year-over-year to 6,658 units in April but fell about 36% from March. Deliveries were impacted by the upgrade of Nio’s vehicles from its Nio Technology 1.0 platform to Nio Technology 2.0. Looking ahead, deliveries are expected to benefit from the launch of the new ES6 SUV and the ramp-up of EC7 SUV production on Nio’s new technology platform. Moreover, Nio’s battery-swapping network gives it an edge over its rivals.     Wall Street’s Moderate Buy consensus rating on Nio is based on six Buys and three Holds. The average price target of $14.92 implies nearly 87.7% upside. Rivian (NASDAQ:RIVN) Rivian has often been criticized for its production problems and massive cash burn. The American EV maker pleased investors this week by reporting lower-than-anticipated Q1 losses and reaffirming its full-year production guidance of 50,000 vehicles, which is double of last year. Revenue surged to $661 million from $95 million in the prior-year quarter.   However, Rivian cautioned investors about supply chain issues being “the main limiting factor” for its Normal facility output. It intends to address these issues by launching new engineering design changes and key technologies.  With 11 Buys, six Holds, and one Sell, Wall Street has a Moderate Buy consensus rating on Rivian. The average price target of $23.67 suggests 83.4% upside. Mullen Automotive (NASDAQ:MULN) Shares of EV start-up Mullen have plunged over 82% so far in 2023 due to the high uncertainty surrounding the pre-revenue company. Earlier this month, Mullen executed a reverse 1-for-25 stock split to bring the company into compliance with Nasdaq’s ( NDX ) $1.00 minimum bid price requirement for maintaining listing. Ahead of the announcement of the reverse split, Mullen also provided a business update, stating that as of April 30, the cash available for operations was $116.1 million. The company also gave details about its manufacturing activities and certain contracts, including purchase orders worth $263 million for Mullen Class 1 and Class 3 EV vans and trucks from Randy Marion Automotive Group. It expects the production line for its Class 3 commercial vehicles to become operational in July, with Class 3 truck deliveries expected to generate revenue in August and September 2023.  While the company has been announcing several orders to revive investor interest, the penny stock remains an extremely speculative bet. On Friday, Mullen announced a vehicle purchase agreement with MGT Lease Company for 250 EV trucks, with the contract valued at about $15.8 million.  Conclusion Wall Street is cautiously optimistic about Tesla, Nio, and Rivian due to macro challenges and certain company-specific risks. Mullen has a long way to go to compete with these EV players. As per TipRanks’ Smart Score System, Tesla has a better smart score than the other three EV players. In particular, Tesla’s smart score of eight out of 10 implies the stock could outperform the broader market over the long run. Tesla is comparatively a well-established player with solid margins and the stock has outperformed these EV rivals year-to-date. That said, Wall Street sees higher upside in Nio, with the pullback in the stock offering a good entry point. Nevertheless, investors should be aware of the high volatility and risks associated with EV stocks.  Disclosure

Advances in artificial intelligence (AI) have captured the attention of both investors and the broader public this year. While investors are excited about the possibilities that AI can unlock, we’re still in the early innings of the AI revolution, and the long-term winners in this field are yet to be determined.  That’s why it makes a lot of sense to approach investing in the space by using a well-diversified ETF like the iShares Robotics and Artificial Intelligence ETF ( NYSEARCA:IRBO) . IRBO invests across a wide swath of stocks that have different types of involvement in AI today, giving investors plenty of shots on goal when it comes to capitalizing on the long-term growth of AI.     Broad Diversification This $304 million ETF from BlackRock’s ( NYSE:BLK ) iShares “seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in robotics technologies and artificial intelligence,” according to iShares. IRBO offers broad diversification in this pursuit. Not only does it hold 118 different positions, but its top 10 positions make up just 13.4% of the fund, so this isn’t an ETF that is dominated by just a handful of positions. Top holding Meta Platforms ( NASDAQ:META ) comes in at a small 1.6% weighting. This stands in contrast to other popular AI ETFs like the Global X Robotics and Artificial Intelligence ETF ( NASDAQ:BOTZ) , where the top holding Intuitive Surgical ( NASDAQ:ISRG ) has a nearly 10% weighting, or the ARK Autonomous Technology & Robotics ETF ( BATS:ARKQ) , where Tesla ( NASDAQ:TSLA ) makes up 13% of the fund. These aren’t bad ETFs, and they have performed strongly year-to-date, but IRBO’s differentiated and more diversified approach is appealing.  Below, you’ll find an overview of IRBO’s top holdings using TipRanks’ holdings tool. This strong diversification allows IRBO to invest across many different types of companies that are involved in different aspects of AI. For example, Meta Platforms isn’t getting quite the same level of buzz as its fellow FAANG stocks like Microsoft ( NASDAQ:MSFT ) and Alphabet ( NASDAQ:GOOGL ) when it comes to AI, but the company is working on plenty of exciting AI advances of its own. On May 11, Meta unveiled its "AI Sandbox," where advertisers can test out a suite of generative AI tools to create ads. Meta previously released tools like "Make-A-Scene" and "Make-A-Video," generative AI tools that can create images from audio and video from text. Additionally, its ImageBind AI learning model is capable of learning from text, audio, visual, and more in a manner that is getting closer to how humans learn.  IRBO’s top holdings also include semiconductor names like Nvidia ( NASDAQ:NVDA ) and Taiwan-based Alchip Technologies, which are crucial to powering AI applications. Additionally, one surprising thing about IRBO is that while it isn't an international or emerging markets ETF, it's relatively diversified geographically -- just 52.5% of its holdings (as of March 31) are from the United States. China, Japan, and Taiwan all account for double-digit weightings. Beyond the Usual Suspects Beyond the usual suspects of mega-cap tech names and semiconductor stocks, you’ll also find enterprise and consumer-facing software names that utilize AI in a variety of ways.  For example, top 10 holding Hubspot ( NYSE:HUBS ) is mostly thought of as a CRM platform, but it's adding to this platform with new AI-enhanced tools like Content Assistant, which “utilizes Open AI’s Chat GPT model” to help companies to create content by generating blog ideas, blog outlines, prospecting and marketing emails, and more. This is a good example of a company using AI to complement its existing offerings, as this type of content can create leads, and managing leads and customers is HubSpot’s bread and butter.  Meanwhile, ChatSpot is a chatbot that sales reps using HubSpot can ask to enter client and lead data, send follow-up emails, and generate reports. HubSpot currently has waitlists for both products.  The second-largest holding, Spotify ( NYSE:SPOT ), likely isn’t a name that immediately comes to mind, but its new AI DJ uses AI to make even more personalized playlists and recommendations for users based on their tastes and listening habits.    Stay Smart As you can see from the table above, while not every IRBO holding has a Smart Score, its overall collection of Smart Scores is strong. The Smart Score is TipRanks’ proprietary quantitative stock scoring system that evaluates stocks on eight different market factors. The result is data-driven and does not require any human intervention. A Smart Score of 8 or above is the equivalent of an Outperform rating. Six of the eight holdings that have a Smart Score rank at an 8 or better. Hubspot, Nivida, and Spotify all have 'Perfect 10' ratings.  A Modest Valuation Not only does IRBO offer investors access to over 100 AI-associated stocks, but it also does so at a reasonable valuation. The ETF has a moderate price-to-earnings ratio of 20.4. While this isn’t dirt cheap, it’s slightly cheaper than the average multiple for the S&P 500 ( SPX ), which currently has a P/E ratio of 23.9, meaning that investors are gaining exposure to many of the world’s most important and most innovative AI players at a discount to the broader market, and it’s hard to argue with that.  Investor Takeaway IRBO is great for investors that are looking for diversified exposure to AI. It also provides this diversification for a reasonable price. Additionally, its expense ratio of 0.47% isn’t the lowest you’ll see, but it's actually cheaper than the expense ratio of other major AI ETFs like BOTZ and ARKQ, which charge 0.69% and 0.75%, respectively, as you can see below. Overall, this is a well-diversified, reasonably-priced ETF that gives investors broad exposure to the rise of AI, making it a solid choice for long-term investors to consider. With an annualized total return of 13.3% over the past three years, IRBO has made money for its investors, but it should be acknowledged that it has slightly lagged broad-market ETFs like the SPDR S&P 500 ETF Trust ( NYSEARCA:SPY) and the tech-focused Technology Select Sector SPDR Fund ( NYSEARCA:XLK) , which have returned 14.4% and 19.2%, respectively, over the same timeframe. That being said, it could begin to outperform the broader market as interest in AI continues to pick up. Disclosure

Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first quarter, and added Netflix Inc shares, filings released Friday showed.

U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low.

U.S. stocks ended lower on Friday, led by weaker big technology-related shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low.

Tech stocks were lower late Friday with the Technology Select Sector SPDR Fund (XLK) slipping 0.3% and the Philadelphia Semiconductor index falling 0.4%.

U.S. stocks fell Friday afternoon, led by weaker technology-related shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low.

A group of U.S. Tesla Model S and Model X owners filed a proposed class-action lawsuit against the electric vehicle maker in California Friday over automatic software updates that reportedly decreased driving range or cause battery failures.

Wall Street's main indexes fell on Friday as U.S. consumer sentiment slumped to a six-month low, indicating that rapid interest rate hikes were starting to hurt economic growth, while Tesla shares shed their initial gains.

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Buffett believes that Apple is the best company in Berkshire’s portfolio.

What happened For the second day in a row, shares of Rivian Automotive (NASDAQ: RIVN) tumbled on Friday -- falling 6.5% through 11:15 a.m. ET in its second day after wowing investors with its first-quarter earnings report.

Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

Wall Street's main indexes struggled to gain on Friday as U.S. consumer sentiment slumped to a six-month low, indicating the rapid interest rate hikes were starting to hurt economic growth, while Tesla shares shed their initial gains.

Fintel reports that on May 12, 2023, Wedbush reiterated coverage of Tesla (NASDAQ:TSLA) with a Outperform recommendation. Analyst Price Forecast Suggests 7.41% Upside

In early trading on Friday, shares of Enphase Energy topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.6%. Year to date, Enphase Energy has lost about 35.3% of its value.