Articles written by Kaustubh Bagalkote - Benzinga

Short Seller Jim Chanos Slams Tesla Robotaxi Economics As 'Ridiculous,' Citing Dead Miles, Insurance Costs And Cleaning Expenses

Prominent short seller Jim Chanos criticized Tesla Inc.'s robotaxi economic projections on Monday, calling the figures "ridiculous" and pointing to several overlooked cost factors.

Tesla's 'Marketing Skills Remain Its Achilles Heel,' Says Gary Black As Robotaxi Valuations Ignore Market Limits—Full Uber, Lyft Profits Still Fall Short Of $2,000 Target

The Future Fund Managing Partner, Gary Black, cautioned investors on Tuesday against Tesla Inc.'s robotaxi valuations that project share prices of $2,000 or higher, arguing that such forecasts ignore market realities and competition.

Trump's Call To Jeff Bezos Over Amazon's Tariff Display Earns Peter Schiff's Ire: 'Type Of Stuff You Might Expect To See In China'

Economist Peter Schiff criticized President Donald Trump on Tuesday for reportedly pressuring Amazon.com Inc. founder Jeff Bezos to abandon plans that would show consumers the cost of tariffs on product prices.

Google's Waymo Wants To Be The 'World's Most Trusted Driver' And Toyota 'Zero Traffic Accidents' — Both Join Forces To Bring Autonomous Driving Tech To Personal Vehicles

Google-backed Waymo and Toyota Motor Corp (NYSE: TM) have announced a preliminary agreement on Tuesday to explore collaboration on autonomous driving technologies, with a focus on personally owned vehicles, the companies said in a joint release.

Elon Musk Says Will Come As A 'Surprise To Most' As China's Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears

Tesla Inc. CEO Elon Musk drew attention on Tuesday to economic data showing China's economy has significantly outgrown both the United States and European Union when measured by purchasing power parity.

Trump Says 'Bond Market Was Getting The Yips, But I Wasn't' Amid Tariff Pause As 10-Year Yield Jumps From 3.59% To 4.81%

President Donald Trump denied that bond market volatility influenced his decision to implement a 90-day tariff pause on U.S. trading partners, despite significant yield fluctuations that saw the 10-year Treasury yield swing from 3.59% to 4.81% over the past year.

Trump Says 'Bond Market Was Getting The Yips, But I Wasn't' Amid Tariff Pause As 10-Year Yield Jumps From 3.59% To 4.81%

President Donald Trump denied that bond market volatility influenced his decision to implement a 90-day tariff pause on U.S. trading partners, despite significant yield fluctuations that saw the 10-year Treasury yield swing from 3.59% to 4.81% over the past year.

As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.

As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.

Tom Lee Backs Scott Bessent 'White House Put' Theory As Nasdaq Flips From Worst April Start Since Great Depression To Major Comeback

The Nasdaq has staged a remarkable turnaround in April, transforming from what was initially dubbed the "worst April for the stock market since the Great Depression" to posting gains for the month, a recovery that's drawing attention from prominent market analysts.

Bitcoin, Ethereum, Dogecoin Drop As Stock Futures Slide: Willy Woo Says 'All Dips Are For Buying' With BTC Eyeing 'All-Time Highs

The global cryptocurrency market capitalization stands at $2.93 trillion, showing a 1.04% decrease over the last day. Bitcoin‘s (CRYPTO: BTC) market dominance currently sits at 63.39%, reflecting a slight 0.01% daily decline.

Bill Miller's Q4 Additions Struggle Amid Market Uncertainty, What Else Is Dragging Them Down?

Bill Miller IV‘s investment firm has seen significant losses in its fourth-quarter portfolio additions as market uncertainties persist.

Intel CEO Lip Bu Tan Takes Bold Steps To Revive Chipmaker, Says Bureaucracy Is 'Suffocating The Innovation'

Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes just five weeks into his tenure.

Cathie Wood Warns Trump's Tariffs Are 'Tax Increases' That Hurt Growth — But Says Innovation Will Thrive In The 'Turmoil'

Prominent investor Cathie Wood is sounding the alarm on President Donald Trump's tariff policies, warning they could hamper economic growth while simultaneously creating opportunities for innovative companies.

Scott Bessent Backs Fossil Fuels For Developing Nations, Treasury Secretary Slams Renewables-Only Push As 'Luxury Belief' Amid Trump's 'Drill, Baby, Drill' Agenda

Treasury Secretary Scott Bessent voiced support for fossil fuel development in emerging economies, criticizing the push for renewables-only energy solutions as unrealistic for countries facing basic economic challenges.

Boeing Adjusts Strategy Amid Trump Tariff Fallout, CEO Kelly Ortberg Says Won't 'Build Aircraft For Customers Who Will Not Take Them' As China Halts Deliveries

Boeing Co. is implementing a strategic pivot in response to China's halt of aircraft deliveries amid escalating tariff tensions, according to statements made during the company's first quarter of 2025 earnings call.

Amazon CEO Jassy Reveals What's Kept Him At The Tech Giant For Nearly 3 Decade: Here's How AMZN Stock Has Done Since He Replaced Bezos

Amazon.com Inc. CEO Andy Jassy once thought it "unfathomable" that his father worked at the same company for 45 years.

Bill Ackman Praises Treasury Secretary Scott Bessent As 'Steady Hand' Ahead Of World Bank-IMF Spring Meetings

Billionaire investor Bill Ackman, CEO of Pershing Square Capital Management, commended Treasury Secretary Scott Bessent on Tuesday as markets struggle with trade policy uncertainty.

Palantir Teases TITAN AI Combat Vehicle With Northrop Grumman, Anduril, L3Harris

Palantir Technologies has revealed a collaboration with major defense contractors on an artificial intelligence-powered combat vehicle.

Dan Ives Calls Elon Musk's Tesla Recommitment 'Most Important Call He's Ever Had' As CEO Scales Back DOGE Role

Tesla Inc. CEO Elon Musk's renewed focus on leading the company, along with his plan to reduce involvement in DOGE.