Just last year Elon Musk was coming under fire from all directions as SpaceX, Tesla, and Solarcity were struggling to show profitability. Fast forward just a few months and Elon Musk seems on top of the world. In April, Tesla passed General Motors to become the most valuable U.S. based automaker. Tesla and Solarcity have merged and are expanding into new products and partnerships with Panasonic to build solar cells. And SpaceX seems to be on everyone’s lips with successful launch after successful launch. But SpaceX’s latest launch was a special one

Read The Capitalist’s Take Here

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SAMSUNG SELF-DRIVING CARS TAKE FIGHT TO APPLE, UBER, AND GOOGLE

Samsung is stepping up its plans for self-driving cars to rival former Google project Waymo, Uber and Apple, bringing the key players from the battle for smartphone dominance to the brave new world of autonomous vehicles.

The South Korean electronics manufacturer, which is the world’s largest smartphone maker and a chip giant in its own right, has been given permission to test its self-driving cars on public roads by the South Korean ministry of land, infrastructure and transport.

The decision puts Samsung in direct competition with US technology firms, including Uber, Waymo and Apple.

Read More at The Guardian Here

Read More at Ars Technica Here

Read More at BBC Here

HAMAS SOFTENS STANCE ON ISRAEL; ACCEPTS PALESTINIAN STATE WITH 1967 BORDERS

Hamas has presented a new political document that accepts the formation of a Palestinian state along the 1967 borders, without recognising the statehood of Israel, and says that the conflict in Palestine is not a religious one.

The positions were made official on Monday in Qatar's capital, Doha, by Khaled Meshaal, the leader-in-exile of the Palestinian group that runs the besieged Gaza Strip.

Read More at AlJazeera Here

Read More at NY Times Here

Read More at Reuters Here

Closing Bell

– Tuesday, May 2nd

Markets Tick UP as Investors Await Big Name Earnings

Big Insider Trades

– Netflix, Inc. (NFLX) Chief Product Officer Neil Hunt Sells $1.5m

– Synchrony Financial (SYF) Director Will Graylin Buys $500k