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Tesla, Inc. (TSLA.SW)

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Yahoo Finance
Rivian reports mixed Q1 results but trims capex forecast and sees Q4 'gross profit'
Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
Yahoo Finance
Biden makes a Wisconsin stop to tout AI — and troll Trump's Foxconn flop
President Biden made a trip to the swing state of Wisconsin on Wednesday with two goals: tout an AI investment from Microsoft and highlight a past failure from Donald Trump.
Yahoo Finance Video
Tesla probe, Reddit earnings, market outlook: Morning Brief
Tesla stock (TSLA) is being dragged down lower after US Department of Justice (DOJ) officials are focusing their attention on alleged securities and wire fraud in their ongoing investigation of the EV maker's full self-driving features. In its first-ever quarterly report since going public in March, Reddit (RDDT) beat earnings estimates, noting daily active user growth as the site continues to optimize its AI model across the platform. Uber (UBER), Shopify (SHOP), and Affirm (AFRM) are also taking a hit in Wednesday's session after reporting earnings. Morgan Stanley Global Head of Corporate Credit Research Andrew Sheets joins The Morning Brief to discuss whether market trends are the result of micro or macro drivers. This post was written by Luke Carberry Mogan.