Who’s on the Gonzales probe

The House Ethics Committee named members to the investigative subcommittee that will probe allegations against embattled Rep. Tony Gonzales (R-Texas), who allegedly had an affair with a staffer who later died by suicide. The panel will be chaired by Rep. Michael Guest (R-Miss.) and include Reps. Deborah Ross (D-N.C.), Ashley Hinson (R-Iowa) and Greg Stanton […]

Lucid stock offers three big reasons to warrant a long-term investment

Investors are bailing on Lucid Group (NASDAQ: LCID) this morning as the “ambitious” plans it laid out in its Investor Day presentation failed to alleviate concerns of widening losses and future dilution. However, for high-risk long-term investors, the firm’s announcement of mid-size electric SUV and robotaxi initiatives warrants looking beyond its near-term cash burn and […]

Analysts see these US chemical stocks gaining as Middle East conflict deepens

Shares of US chemical producers moved higher as investors assessed the impact of escalating tensions in the Middle East on global supply chains. Companies with significant production along the US Gulf Coast, including Dow and LyondellBasell Industries, have emerged as potential beneficiaries of disruptions to petrochemical exports from the region. Analysts at Citi upgraded both […]

Palantir still uses Anthropic’s Claude despite Pentagon blacklist

Palantir Technologies Inc (PLTR) is in focus today after CEO Alex Karp confirmed the company still uses Anthropic’s Claude AI, despite the Pentagon’s recent branding of the startup as “supply chain risk.” While the Department of Defense (DOD) plans on moving away from Anthropic, the integration remains active for now, he revealed at the “AIPcon […]

Why Tesla stock is down around 3% today

Shares of Tesla declined Thursday as broader US equity markets came under pressure amid rising oil prices and escalating tensions involving Iran. Tesla stock fell roughly 3% during the session. The weakness came alongside a broader market downturn. The Dow Jones Industrial Average dropped 611 points, or 1.3%, while the S&P 500 lost 1.2%. The […]