Happy Thursday Zingernation! When Chat GPT first came out and I found out that I could use it to write a Harry-Potter-themed rap song to the beat of ‘Ice Ice Baby’ I was certain that the world would never be the same. But one expert says OpenAI actually set back AI progress by 5-10 years.

—Aaron Bry & Nic Chahine

Plus, check out Elon Musk’s new AI device that could disrupt the entire industry.

MARKET SNAPSHOT

Yesterday: The market loved the cooler-than-expected CPI report, sending the major indices to new all-time highs.

On Our Radar: Another big day in terms of economic data with PPI and initial jobless claims due before the open. Trade on, Zingers!

TOP STORY

Why Tesla Stock Is Shooting Higher In Today's Premarket

Briefly: Tesla shares are poised to open sharply higher as they stacked up over 5% in premarket trading on Thursday.

Basically: The strength in the stock can be traced back to Musk confirming that Tesla shareholders were overwhelmingly passing the two crucial proposals: re-approving the billionaire’s 2018 compensation plan and relocating Tesla’s incorporation from Delaware to Texas.

Quoted: “Both Tesla shareholder resolutions are currently passing by wide margins!” Musk said on X, adding “Thanks for your support!!” Here’s how much Musk is set to make and what it means for Tesla’s stock.

PRESENTED BY INVESTOR PLACE

Must-See: Elon’s New Invention is Absolutely Insane

When you click here and see what Elon Musk’s new invention does…  

And how it works… 

You will NOT believe it. 

You’ll tell yourself this is just science fiction. 

But Elon just tested this in a real human… And the result was mind-blowing. 

Click here to see it.

FIVE ZINGERS

All Things Go: $AVGO traded up more than 15% this morning heading into the open after the semiconductor company announced a 10-1 stock split.

Happy Cat: No, not Roaring Kitty. Here’s how cat owners in Japan are using AI to keep their pets healthier and happier.

Game Over?: Jim Cramer said that GameStop won and that bears will retreat as Ryan Cohen transforms the company into ‘Chewy 2’.

If It Works, It Works: NVIDIA’s CEO Jensen Huang uses this unconventional management method… and Elon agrees.

Take A Guess: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you.

ONE FOR THE ROAD

Southwest CEO Has 'No Plans To Resign' As Activist Investor Turns Screw

Briefly: Southwest Airlines CEO Bob Jordan is determined to keep his top spot at the company, despite pressure from an activist investor that is looking to shake up the leadership and make other changes.

Basically: Jordan said on Wednesday that he will not resign as CEO as the airline endures pressure from Elliott Investment Management, which on Monday called for executive and board changes and is eyeing changes to Southwest’s open-seating policy and other possible revisions, Reuters reported.

Quoted: “Southwest is focused on building on its strong heritage of innovation and change, and we welcome feedback from all shareholders,” a Southwest spokesperson told Benzinga on Wednesday. Click here to read more about Elliott’s plans with the airline.

Nic Chahine Has Changed How Options Are Traded

While others lose 80% buying options, and the rest make pennies selling options, Nic has discovered the "MoneyLine" approach to winning with options. His strategy has produced gains of 27% every 20 days. That's more than 270% annualized per year. It's not complicated either. You buy the option at the bottom of a blue line and sell at the top. Easy.

Click here to see the strategy for free.

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