Today in 5 minutes or less:

1. Driving Growth and Innovation: Intel's Q1 2024 Financial Report ($INTC)

2. Robinhood's Q1 2024 marks record-breaking financial achievements and significant growth milestones. ($HOOD)

3. Discover Pixel 8a, Google's AI-driven smartphone offering unparalleled value at $499. ($GOOG)

4. Driving Towards Sustainability: General Motors' 2023 Report ($GM)

5. Video of the day: Exploring Aerodynamics: Inside the Lilium Jet's Wind Tunnel Trials ($LILM)

1. Driving Growth and Innovation: Intel's Q1 2024 Financial Report ($INTC)

• First-quarter revenue reaches $12.7 billion, up 9% YoY, indicating strong performance.

• Forecasting second-quarter revenue of $12.5 billion to $13.5 billion, demonstrating sustained growth.

• Operating model modifications enhance transparency and efficiency, driving better decision-making.

• Intel Foundry's strong pipeline and partnerships signal continued growth and innovation in semiconductor industry.

Source: INTEL

2. Robinhood's Q1 2024 marks record-breaking financial achievements and significant growth milestones. ($HOOD)

Robinhood's Q1 performance underscores its strong position in the financial services industry:

• Record revenues of $618 million, a notable 40% YoY increase.

• Net deposits surge to $11.2 billion, including transfers from major brokerage firms.

• Transaction-based revenues surge by 59%, driven by cryptocurrencies, options, and equities.

• Net income rises to $157 million, with a diluted EPS of $0.18.

Source: Robinhood

3. Discover Pixel 8a, Google's AI-driven smartphone offering unparalleled value at $499. ($GOOG)

Pixel 8a offers exceptional value, marrying innovation with affordability for consumers:

• Cutting-edge AI features powered by Google Tensor G3 chip.

• Stunning design with vibrant colors and enhanced durability.

• Superior photography experience with advanced AI-powered tools.

• Enhanced productivity and convenience with Google AI assistance and family-friendly controls.

Source: Google

4. Driving Towards Sustainability: General Motors' 2023 Report ($GM)

General Motors showcases its journey to sustainability in the 2023 Sustainability Report:

• Joining the ZEROgrid Initiative to drive progress towards a less carbon-intensive grid.

• Planning to integrate the North American Charging Standard into future GM EVs, with access to over 15,000 superchargers by 2024.

• Expanding commitment to the First Movers Coalition to include steel, aluminum, concrete, and cement.

• Providing $64 million in grants to nearly 400 U.S.-based nonprofits for inclusive social solutions.

Source: GM

5. Video of the day: Exploring Aerodynamics: Inside the Lilium Jet's Wind Tunnel Trials ($LILM)

Discover the Lilium Jet, the world's pioneering eVTOL jet, renowned for its groundbreaking design and superior aerodynamics. Senior Test Engineer Julien Rasse unveils the essence of its jet classification, attributing it to the sleek architecture and innovative ducted electric engines. Within Europe's premier wind tunnel facility, meticulous testing refines its performance and efficiency, ensuring optimal safety and functionality. Seamlessly transitioning from vertical takeoff to horizontal flight, powered by advanced electric propulsion, the Lilium Jet embodies a new era in aviation.

Short updates on your favorite stocks/markets

• Tesla’s China rival Nio launches a new brand, car cheaper than the Model Y CNBC ($NIO)

• Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt. CNN

• Japan’s economy contracts in first quarter. CNN

• Lufthansa offers short-haul compromise for ITA deal, sources say. YF ($LHA)

• Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying. CNBC ($BRK)

• Copper Short Squeeze in New York Is Rocking Metals Markets. YF

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