To The Moon

Trump says crypto needs regulatory certaintyWASHINGTON, April 22 (Reuters) - U.S. President Donald Trump said on Tuesday that the crypto industry needs regulatory certainty and clear rules of the road

Tesla Q1 Adj. EPS $0.27 Misses $0.41 Estimate, Sales $19.34B Miss $21.35B Estimate

US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate.Bessent added that negotiations haven’t started but that a deal is possible, according to people who attended his session at an event hosted by JPMorgan Chase & Co. in Washington, which wasn’t open to the public or media.The Treasury Department didn’t immediately respond to a request for comment.The US Treasury chief

-- Tesla Inc. investors reeling from one of the stock’s worst-ever quarters are once again looking for Elon Musk to inject excitement back into the firm when it reports results Tuesday, as profits slip and the much-awaited debut of a self-driving car remains months away.DOGE VisitsNational Gallery of Art to Discuss Museum’s Legal Status. Trump Gives New York ‘One Last Chance’ to End Congestion Fee. Trump Administration Takes Over New York Penn Station Revamp. Earnings for the first quarter are expected to fall from the prior-year level and revenue is estimated to stay flat when the company reports results after markets close on Tuesday, according to data compiled by Bloomberg. Analysts have been dialing back their estimates sharply over the past month, with profit expectations falling by about 12% and revenue forecasts down over 6%.Despite the steep selloff, the stock continues to command a high valuation. Tesla shares trade at 78 time

UPDATE 1-Apple's China smartphone shipments slide 9% in first quarter Recasts and writes through, changes media slugBy Che Pan and Brenda GohBEIJING, April 18 - Apple's AAPL.O shipments of smartphones in China slumped 9% in the first quarter from a year earlier and it was the only major manufacturer to see a decline, according to data from research firm IDC.Apple, which ranks fifth in China's smartphone market, saw shipments fall to 9.8 million phones, giving it a market share of 13.7%, down from 17.4% in the previous quarter.It was Apple's seventh straight quarter of decline.By contrast, market leader Xiaomi 1810.HK saws its shipments surge 40% to 13.3 million while industry-wide shipments grew 3.3%.IDC analyst Will Wong said Apple's premium pricing structure has prevented the U.S. company from capitalising on new government subsidies introduced in January which fuelled growth in the first quarter.The government subsidies for smartphones and some other consumer electronics refund co

INGER KEY POINTSTemu and Shein to raise prices starting April 25, shifting tariff burden onto consumers as U.S. tariffs on Chinese goods increase.Temu cuts U.S. ad spend and sees sharp decline in App

Tesla might delay releasing a lower-priced electric vehicle that investors hope will come out in 2025 and boost sales growth, according to a report. If true, the news would move the stock.Shareholders, however, might want to wait to hear any such announcement from Tesla itself before making any descions about their holdings.Reuters reported on Friday that plans for a stripped-down version of Tesla's Model Y crossover vehicle are being delayed, with significant production planned for 2026. If that is indeed what Tesla had planned to launch as its lower-priced model -- and production doesn't happen at all this year -- investors will be disappointed.Tesla didn't respond to Barron's request for comment.Tesla shipped about 1.8 million EVs in both 2023 and 2024. Estimates for 2025 sit at about 1.8 million, as well, according to FactSet.Consensus estimates at the start of the year called for Tesla to deliver 2.1 million vehicles in 2025; those were lowered after the company's relatively disap