Gary Black

Gary Black, managing director of The Future Fund LLC, said Wednesday that SpaceX's (NASDAQ:SPCX) early trading surge may be losing its "meme stock" character now that options trading has given investors a new way to bet against the stock. Black Says Meme Stock Dynamic May Be Ending "I have resisted...

Tesla Inc. (NASDAQ:TSLA) reportedly presented misleading safety data to European regulators to seek approval for its Full Self-Driving (FSD) system in Europe. Independent traffic-safety researchers have taken issue with Tesla’s self-published safety statistics, which the company has been...

The upcoming SpaceX IPO, which is scheduled to kick off on Friday, June 12, could result in Tesla Inc. (NASDAQ:TSLA) investors exiting their positions in the EV giant, according to investor Gary Black of The Future Fund LLC. Investors To ‘Lighten’ TSLA Positions? In a post on X on...

Lululemon Athletica Inc. (NASDAQ:LULU) shares plummeted over 11% in after-hours trading, crashing to their lowest price since 2018 after slashing full-year guidance due to softening traffic and product missteps. Guidance Cut Triggers Technical Meltdown The athletic apparel giant reported first-...

Wall Street's AI trade may be expanding beyond graphics processors, with investor Gary Black arguing that custom chipmakers Broadcom, Inc. (NASDAQ:AVGO) and Marvell Technology (NASDAQ:MRVL) are emerging as some of the biggest beneficiaries of rising demand for specialized AI infrastructure. Gary...

Investor Gary Black of The Future Fund LLC thinks that the upcoming SpaceX IPO could be behind the recent decline in Tesla Inc.‘s (NASDAQ:TSLA) stock price. SpaceX IPO Causing TSLA Decline? Sharing a screenshot of a post by influencer Sawyer Merritt on Monday, the investor weighed in on...

A proposed tie-up between Tesla Inc. (NASDAQ:TSLA) and SpaceX drew pushback from investor Gary Black, who argued the deal could destroy shareholder value through a conglomerate discount and lacks a compelling strategic rationale. Black said in a post on X that investors are relying on vague "AI...

Talk of a possible Tesla-SpaceX combination is picking up as Elon Musk moves closer to bringing SpaceX to Wall Street. TSLA stock is moving. See the price action here.  The idea has reportedly been discussed by Musk with people around him, while some Tesla Inc. (NASDAQ:TSLA) employees have long...

Investor Gary Black of The Future Fund LLC has said that SpaceX investors could initially benefit following the IPO, as expedited inclusion in the Nasdaq-100 and S&P 500 indices could provide a boost. Gary Black On SpaceX IPO In a post on X on Saturday, the investor said he considered SpaceX...

Investor Gary Black said on Thursday that he is not eager to buy into SpaceX's expected initial public offering, arguing that the Elon Musk-led rocket and satellite company appears too expensive at a valuation that may approach $1.75 trillion. Black Questions SpaceX's IPO Valuation "Not that...

Tesla Inc. (NASDAQ:TSLA) shares face increased pressure as higher long-term interest rates and elevated oil prices make the electric vehicle maker especially vulnerable, institutional investor Gary Black said on Tuesday, warning that broader market forces are working against the stock even without...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) is emerging as the largest player in the AI market, with a significant presence in nearly every aspect of the technology. The trend has intensified Alphabet's competition with Nvidia Corp. (NASDAQ:NVDA) for the title of the world's most valuable company....

Investor Gary Black, managing director of The Future Fund LLC, thinks that Uber Technologies Inc. (NYSE:UBER) could be poised to lead the Robotaxi sector ahead of Elon Musk-led Tesla Inc. (NASDAQ:TSLA) and Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo. Operational Leverage In a post on X...

Blockbuster sales of its flagship GLP-1 treatments have propelled Eli Lilly And Co.‘s (NYSE:LLY) first-quarter earnings, prompting a prominent Wall Street analyst to defend the stock’s valuation and highlight the disruptive potential of its new oral weight-loss drug. Fueling The ‘...

Investor Gary Black, who is the managing director of the Future Fund LLC, on Tuesday stressed the need for a better marketing strategy for Elon Musk-led Tesla Inc. (NASDAQ:TSLA). World Class Marketing “Far too many $TSLA bulls think FSD is so good it will magically sell itself, the investor...