A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY.
Here's a full recap:
1. Tesla $TSLA launche...
Twitter
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
- Tesla ($TSLA) launched steering-wheel-free Cybercab rides in Austin with a fleet of 420 vehicles, and saw 2.7M option contracts traded.
- Nvidia ($NVDA) agreed to acquire Hugging Face for $12.93B, led active options with 3.5M contracts traded, and is considering participating in a $1B+ funding round for Thinking Machines at a $40B valuation.
- Broadcom ($AVGO) reported quarterly results and an outlook slightly better than prior guidance, with Morgan Stanley noting 2027 AI revenue estimates at $115B and expectations to double again in 2028.
- Lululemon ($LULU) reported Q2 revenue of $2.4B, cutting its full-year revenue guidance to $10.35B–$10.5B, while Michael Burry noted it is his largest position.
- Robinhood ($HOOD) rose 15% following a Morgan Stanley upgrade and growth in its onchain ecosystem, hitting record DEX volumes.
Ask about this postAnswers are grounded in this post's content.
Tweet
About amit