Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.

Dow, S&P 500, and Nasdaq futures are falling in premarket trading. An Nvidia-led rally fades as the stock market react to President Donald Trump threating a 50% tariff on goods from Brazil.

Jefferies analysts admitted they “got it wrong” and reportedly stated that the investment tax credit runway through 2027 for solar and beyond 2030 for storage is favorable for the stock. It also said that Trump’s executive orders on ending green energy subsidies were “better than our worst cases feared."

The Dow Jones average remained higher Wednesday after the Fed's June minutes were released. Nvidia set a new high, and hit the $4 trillion mark in valuation.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

Tesla (TSLA) shares lost about 7% on Monday after billionaire Elon Musk announced plans to launch a new political party – the “America Party.” Musk’s announcement arrives on the heels of his very public feud with President Donald Trump.

The company unveiled a slate of new private markets funds from asset management firms including Cashmere, Fundrise and Liberty Street Advisors. These funds will offer investors exposure to private companies including OpenAI and SpaceX, SoFi said.