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Tesla Shares Jump After Earnings Beat on Margins, Profitability and Robotaxi Progress

by The Wealth Advisor Contributor
Tesla shares climbed in after-hours trading Wednesday after the electric vehicle and AI company reported first-quarter results that handily beat Wall Street's expectations on profitability and cash generation, even as revenue came in slightly below some analyst targets.

Featured

Citi Wealth Introduces AI-Powered Client Assistant Built on Google's Technology Stack

Citi Wealth this week unveiled Citi Sky, an AI-powered assistant designed to give wealth management clients real-time access to financial guidance through a conversational voice and avatar interface.

Alpha Vee’s Case for Direct Indexing Done Right: Research, Transparency, and Real Tax Alpha

Alpha Vee CEO Leigh Eichel on why owning indexes, rather than licensing, is the foundation of direct indexing that delivers for advisors and clients.

AI As An Investment Theme Operates Under A Unique Level of Scrutiny

Artificial intelligence as an investment theme continues to operate under a uniquely intense level of scrutiny.

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Crypto4Advisors

BlackRock’s $400 Million Bitcoin Move Sparks Liquidity Alarm | US Crypto News

Grab a coffee as markets enter an unusual phase where large players are repositioning and liquidity is tightening.

Companies

Robinhood CEO's Math-Focused AI Startup Harmonic Valued at $1.45 Billion in Latest Fundraising

Harmonic, an artificial intelligence startup co-founded by Robinhood CEO Vlad Tenev, has raised $120 million in new funding.

Family Wealth Watch

New Survey: 30% of Donors Say the Amount They Donated to Charity in the Past 12 Months has Increased Compared to Previous Year

An online survey conducted by The Harris Poll of more than 2,000 US adults reveals 75% of Americans donated to charity in the past 12 months.

Growth Strategies

Gold Advances With Hassett Emerging as Fed Chair Frontrunner

Gold advanced after report that White House National Economic Council Director Kevin Hassett seen as frontrunner to be the next Fed Reserve chair.

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Companies

Charles Schwab Accelerates AI Strategy

The Trust Advisor

A High-Profile Divorce Highlights Several Planning Considerations for Wealth Advisors

FundFocus

Goldman Sachs Believes The Market Will Continue To Rally

Washington Wire

Kevin Warsh Stated He Had Not Been Asked Nor Would He Agree To Predetermine Interest Rate Actions

ETF Innovators

Institutions Have Quietly Become ETF Converts. New Research Shows How Far That Shift Has Gone.

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