Gary Black Says Tesla Bulls Are Ignoring Valuation: 'Loving the Product Doesn't Mean You Should Love the Stock'

Tesla Inc. (NASDAQ:TSLA) investor Gary Black has once again raised a red flag regarding the valuation of the Elon Musk-led EV giant, urging investors to pay attention to stock valuation metrics.

BenzingaAug 16 22:26

CoreWeave Jumped After Earnings, But Key Risks Could Derail Rally

CoreWeave (NASDAQ:CRWV) stock popped after the company published strong financial results, which demonstrated that its revenue growth was accelerating. It jumped to a multi-month high of $117.30, up

BenzingaAug 16 22:11

NVIDIA's $500 Billion AI Financing Plan Raises Concerns; Trump Advisor Warns of 'Shadow GPU' Overcapacity Risk

David Sacks, a technology advisor to Trump, warned in a podcast that the greatest risk facing NVIDIA’s $500 billion AI financing plan is an oversupply of computing power. He likened this scenario to the “dark fiber” crisis following the dot-com bubble, noting that if GPUs remain largely idle and prices collapse, it would severely damage the entire AI infrastructure investment chain. He also pointed out that political resistance to data center construction could ironically help prevent such oversupply.

wallstreetcnAug 16 19:40

Ray Dalio Champions 'Radical Transparency' in the Workplace, Says 'Important Issues Are Apparent Instead of Hidden'

Billionaire investor Ray Dalio said embracing radical truthfulness and transparency among colleagues can improve decision-making, expose problems and foster accountability.Dalio Explains Radical

BenzingaAug 16 16:17

AI "Chip Inflation" Sweeps Through the UK Economy

The UK's July CPI is projected to rise by 2.9% year-on-year, marking the first acceleration in four months. Beyond the surge in energy bills driven by the reset of Ofgem's price cap, an AI-induced shortage of memory chips is emerging as a new inflationary driver, with Apple laptops, tablets, and Xbox gaming consoles sequentially announcing price hikes.

wallstreetcnAug 16 15:30

NVIDIA has quietly reduced the scale of its guarantee for OpenAI’s data centers, lowering it from $250 billion to under $120 billion.

NVIDIA and OpenAI are nearing the signing of a financing agreement for a data center in Ohio, but NVIDIA’s financial guarantee has been reduced from $250 billion to less than $120 billion, covering only approximately 5 gigawatts of computing capacity for the project’s first phase. The adjustment stems directly from investor concerns regarding NVIDIA’s risk exposure, following a 5% single-day drop in its stock price after the initial $250 billion guarantee plan was disclosed. The agreement could be signed as early as this weekend.

wallstreetcnAug 16 12:08