⁠Wall St Engine
One in five CEOs at top 50 carmakers stepped down over the past year, as EV disruption, Chinese competition, and tariff risks shake up the industry, per FT. CEO turnover now outpaces other sectors, with Stellantis, Volvo, Nissan, and Lucid all making leadership changes. https://t.co/oNSpt5jvMD
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Apple's $AAPL iPhone shipments from India to the US jumped 76% in April to 3 million units, while shipments from China dropped 76% to just 900,000, per Omdia via CNBC.
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Opera $OPRA unveils AI-powered browser “Neon,” built to code websites, fill forms, and handle tasks like trip bookings. It runs cloud-based agents so tasks continue offline. Currently waitlisted, Neon will be subscription-based.
https://t.co/GzNj74Lxmk
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Reportedly Apple’s $AAPL testing 200MP camera sensors for future iPhones, aiming to close the gap with Samsung, which has used 200MP sensors since 2023. The upgrade could improve zoom and image quality, but rollout will likely begin with Pro models.
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Telegram’s raising at least $1.5B in a new bond deal, pricing at 9%, with backing from firms like Citadel and BlackRock. This comes as CEO Pavel Durov faces charges in France. Despite legal heat, Telegram hit $540M profit in 2024 on $1.4B revenue and now has over 1B monthly users https://t.co/gRA9pwX4R5
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VOLVO CARS TEMPORARILY HALTS PRODUCTION AT THEIR U.S. FACTORY DUE TO SUPPLY CHAIN ISSUES
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Brent crude is hovering near $65, far below the ~$96 Saudi Arabia needs to balance its budget—and $113 when factoring in PIF domestic spending, per Bloomberg Economics. Both marks are the highest since Vision 2030 launched in 2016. https://t.co/WDezM7YLl3
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Blue $OWL, Chirisa, and PowerHouse just closed a $750M round as part of their $5B JV to build high-performance data centers for AI players like CoreWeave. The Chesterfield, VA campus will deliver 120MW starting 2025, with advanced cooling tech nearly twice as efficient as air systems.
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BRAZIL AIRLINE AZUL FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION
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AMAZON $AMZN & STELLANTIS' $STLA SMARTCOCKPIT PROJECT IS 'WINDING DOWN,' COMPANIES SAY -RTRS https://t.co/zQphErpqsV
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Anthropic's CEO Amodei:

AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next one to five years.

AI companies & government need to stop "sugar-coating" what's coming

It sounds crazy, and people just don't believe it. https://t.co/PiDBCuEzL9
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$HON's bringing Elliott’s Marc Steinberg onto its board as part of a cooperation deal, per WSJ. The move comes ahead of Honeywell’s planned breakup into three companies. Elliott, which took a $5B+ stake last year, has been pushing for simplification to boost shareholder value
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PUTN'S AIDE USHAKOV ON TRUMP'S "PLAYING WITH FIRE COMMENTS":

WE BELIEVE TRUMP IS NOT FULLY INFORMED ABOUT RUSSIA - UKRAINE'S CONFLICT
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GAMESTOP $GME ANNOUNCES PURCHASE OF 4,710 BITCOIN
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Mobileye’s $MBLY Imaging Radar has been selected by a major global automaker for its Level 3 hands-free driving system, starting in 2028. The radar’s high-res, all-digital design can detect people, vehicles, and small road hazards up to 315m—even in fog or tunnels.
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NATO FLOATS CYBERSECURITY TO BE INCLUDED IN NEW SPENDING TARGET

$BBAI, $ATEN, $RPD, $QLYS, $VRNS, $CRWD, $PANW, $IBM
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$DKS delivered good Q1 results: EPS beat at $3.37 vs $3.20 est, rev came in at $3.17B vs $3.12B est. Comps up 4.5% for a 5th straight quarter of 4%+ growth. Reaffirmed FY25 EPS view of $13.80–$14.40 and comps up 1–3%. CEO says momentum and execution remain strong.
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