NEW YORK — Tesla Inc. shares surged more than 4 percent in morning trading Wednesday, trading near $379 as investors bet on accelerating progress toward robotaxi deployment and artificial intelligence initiatives despite a modest miss on first-quarter vehicle deliveries.

At approximately 10:55 a.m. EDT on April 15, 2026, TSLA stock had risen $15.28, or 4.20 percent, from Tuesday’s close of $364.20. The electric vehicle maker’s market capitalization stood around $1.37 trillion, with shares fluctuating in a 52-week range of roughly $222.79 to $498.83. Year-to-date in 2026 the stock is up about 15 percent but trails the broader market’s gains amid persistent questions over near-term growth.

The rally followed fresh sightings of dozens of Cybercab robotaxis at Giga Texas and optimism around Full Self-Driving software updates, even as the company delivered 358,023 vehicles in the first quarter — below Wall Street expectations of about 365,000 to 370,000. Production reached 408,386 vehicles, creating an inventory buildup of more than 50,000 units.

Model 3 and Model Y accounted for the bulk of output and deliveries, with 341,893 units handed over to customers. Other models, including Cybertruck, delivered 16,130 vehicles. Energy storage deployments hit 8.8 gigawatt-hours, continuing strong growth in Tesla’s battery business, which some analysts now view as the company’s most reliable near-term growth engine.

Tesla is scheduled to report full first-quarter financial results after the market close on April 22. Analysts will scrutinize margins, which have faced pressure from price cuts and competition, along with any updates on capital spending projected to exceed $20 billion this year to fund AI infrastructure and new product ramps.

Wall Street’s view on Tesla remains divided. Across roughly 40 analysts, the consensus rating is Hold, with an average 12-month price target near $395 to $402, implying modest upside of about 5 to 8 percent from current levels. Bullish targets reach as high as $600 from firms like Wedbush, while bearish calls dip to $25 from GLJ Research, reflecting deep skepticism over valuation.

Bulls highlight Tesla’s pivot toward autonomy and robotics. Production of the steering-wheel-free Cybercab is ramping at Giga Texas, with initial low-volume output underway and expectations for higher volumes later in 2026. Elon Musk has signaled that unsupervised Full Self-Driving could enable widespread robotaxi service across U.S. cities by year-end, potentially transforming Tesla from an automaker into a high-margin technology platform.

Recent FSD version 14.3 updates have shown improved reaction times and behavior, while Tesla continues expanding supervised autonomy approvals internationally, including in Europe. Optimus humanoid robot development is also advancing, with low-volume production of Optimus Gen 3 slated for later this year and high-volume output targeted for 2027 or beyond.

Energy storage and solar ambitions add another growth layer. Tesla deployed record battery volumes in 2025, and Musk has outlined aggressive plans to scale U.S. solar manufacturing toward 100 gigawatts annually. The Megapack business has delivered consistent revenue growth even as automotive sales faced headwinds from softening EV demand and intense Chinese competition.

Yet challenges persist. Global vehicle deliveries fell in 2025 compared with the prior year, and first-quarter 2026 numbers showed only slight year-over-year improvement. Inventory accumulation raises questions about pricing strategy and demand, particularly for higher-priced models. Regulatory hurdles for unsupervised robotaxis remain significant, and capital expenditures are expected to pressure free cash flow into negative territory this year.

Competition is intensifying on multiple fronts. Traditional automakers and startups are accelerating autonomous vehicle programs, while lower-cost EVs from Chinese manufacturers continue eroding margins in key markets. Tesla’s premium positioning has helped in some regions, with record sales reported in Germany recently, but overall growth has slowed from the explosive rates of earlier years.

The stock’s valuation reflects these tensions. Trading at a trailing price-to-earnings multiple above 300, Tesla commands a premium that assumes successful execution on futuristic bets rather than current auto sales. Forward estimates for 2026 earnings per share hover around $2 to $3 in some models, with revenue projections varying widely depending on robotaxi adoption timelines.

Retail investors and high-profile holders like Cathie Wood’s ARK Invest have continued buying dips, viewing any weakness as an entry point into what they see as the defining AI and robotics story of the decade. Institutional ownership remains elevated, though some funds have trimmed positions amid volatility.

Musk’s leadership continues to drive both enthusiasm and scrutiny. The CEO has repeatedly emphasized that 2026 will mark a pivotal year for Cybercab production, Optimus scaling and broader robotaxi rollout. He has also pushed for massive investments in AI training compute and energy infrastructure to support these ambitions.

For investors debating buy or sell decisions in 2026, the calculus depends on time horizon and conviction in Tesla’s non-auto businesses. Short-term traders may focus on the April 22 earnings reaction, FSD software milestones and any Cybercab production updates. Longer-term holders are betting that software licensing, robotaxi networks and humanoid robots could eventually dwarf today’s vehicle revenue.

Bears warn that delays in autonomy have been a recurring theme, and that current multiples leave little room for execution shortfalls. If robotaxi rollout disappoints or competition erodes EV market share further, the stock could face renewed pressure toward the lower end of its range.

Tesla pays no dividend, channeling resources into growth and share-based compensation. Its cash position and access to capital markets provide flexibility, but rising capex and potential negative free cash flow will test balance sheet strength.

As spring advances, attention will turn to summer production ramps, potential cheaper EV model details and international regulatory progress for FSD. Broader economic factors, including interest rates, consumer spending and geopolitical tensions affecting supply chains, could also influence sentiment.

At current levels near $379, Tesla embodies one of the market’s most polarizing names — a legacy EV leader transitioning into an AI and robotics powerhouse. Bulls see asymmetric upside if Musk’s vision materializes, while skeptics view it as richly valued with substantial downside risk.

The coming months will provide critical data points. Strong energy storage results, smoother Cybercab manufacturing and tangible FSD advancements could sustain momentum. Any signs of slowing demand or autonomy delays might trigger volatility reminiscent of past cycles.

Tesla has defied gravity before, rewarding patient believers through multiple growth chapters. Whether 2026 becomes the breakout year for robotaxis and Optimus — or another period of promise versus delivery — will shape shareholder returns for years to come.

AUSTIN, Texas — Elon Musk reignited excitement around Tesla Inc.’s long-awaited electric semi-truck Wednesday with a simple two-word post on X that quickly racked up millions of views, spotlighting the production-version Tesla Semi as the company prepares for customer deliveries later this year.

Musk’s post, which quoted a detailed video and spec sheet, read simply “Tesla Semi” and featured the distinctive low hum of the all-electric Class 8 truck accelerating under load. The clip and accompanying facts — 500 miles of range with a full payload, 1.7 kilowatt-hours per mile efficiency and a tri-motor powertrain delivering roughly 1,073 horsepower — spread rapidly, drawing more than 13.7 million views within hours.

The timing could hardly be better for Tesla. Less than 24 hours earlier the company’s shares had jumped more than 4 percent in morning trading amid broader optimism about autonomy and new product ramps. At around $379 midday Wednesday, TSLA stock reflected renewed investor interest in Tesla’s push beyond passenger vehicles into heavy-duty trucking, energy storage and robotics.

Tesla’s official website now prominently displays “Deliveries Start in 2026” for the Semi, confirming what Musk first signaled in February when he declared high-volume production would begin this year at Gigafactory Nevada. The refreshed design, which received a facelift in late 2025, comes in two variants: a Standard Range model with 325 miles of range and a Long Range version capable of 500 miles, both rated for an 82,000-pound gross combination weight.

Efficiency stands out as the headline advantage. Tesla claims 1.7 kWh per mile even at full load — roughly one-third the energy equivalent of conventional diesel semis, which typically consume 5 to 7 kWh per mile. The Long Range model’s battery, built with the same 4680 cells used in the Cybertruck, is engineered for 1 million miles of service life. Curb weight for the Long Range stays relatively light at about 23,000 pounds, preserving payload capacity that fleets demand.

Power comes from three independent motors on the rear axles producing up to 800 kilowatts. Acceleration is brisk for a loaded 80,000-pound rig, and the truck can recover up to 60 percent of its range in 30 minutes on Tesla’s upcoming Semi Chargers capable of 1.2 megawatts. Future wireless charging and electric power take-off for refrigerated trailers or other powered equipment borrow technology from the Cybertruck’s Powershare system.

The buzz on X reflected both enthusiasm and skepticism. Replies poured in praising the near-silent operation and questioning everything from charging infrastructure to safety under autopilot. One user asked about the low ground clearance on the sides; another wondered about battery weight penalties. Fleet operators highlighted the 95 percent uptime reported in early pilot programs, while independent truckers noted they will finally be able to purchase Semis rather than relying solely on corporate fleets.

Tesla has already placed limited production units with early customers including PepsiCo and DHL for real-world testing. Those pilots helped refine the design and proved the Semi’s reliability in daily operations. High-volume output, however, marks the true inflection point. Analysts forecast initial deliveries of 5,000 to 15,000 units in 2026, with capacity eventually scaling toward 50,000 annually at the Nevada facility.

For the $800 billion U.S. trucking industry, the stakes are enormous. Diesel fuel costs dominate operating expenses, and Tesla’s projected 17-cents-per-mile electricity equivalent undercuts diesel by 50 to 70 percent depending on route and rates. Lower maintenance — no oil changes, fewer brake jobs thanks to regenerative braking — and the ability to power ancillary equipment directly from the battery add further savings. Tesla projects total cost of ownership advantages that could accelerate adoption even among cost-conscious owner-operators.

Environmental impact could be significant. Each Semi displaces roughly 1,000 tons of carbon dioxide annually compared with a diesel counterpart. Scaled across thousands of units, the truck could help fleets meet tightening emissions regulations in California, the European Union and elsewhere. Tesla is also positioning the Semi for megawatt charging compatibility under the MCS 3.2 standard, easing integration with public and private infrastructure.

Challenges remain. Charging infrastructure for heavy-duty vehicles is still sparse outside major corridors. A full recharge at megawatt speeds requires robust grid connections that many truck stops lack today. Tesla plans to expand its Semi Charger network, but deployment will take time. Battery weight, while managed better than earlier prototypes, still affects payload on the longest routes. And regulatory approval for hands-off autonomy features on commercial trucks lags passenger-vehicle progress.

Wall Street analysts are cautiously optimistic. The Semi represents a new revenue stream that could diversify Tesla beyond the volatile passenger EV market. Some models project the truck contributing low-single-digit percentage points to overall revenue by 2027 if production hits targets. Yet execution risk is high; Tesla has delayed the Semi multiple times since its 2017 unveiling. Margin pressure from initial low-volume builds and competition from rivals such as Daimler, Volvo and emerging electric-truck startups could temper near-term profits.

Musk has repeatedly framed 2026 as a pivotal year for Tesla’s non-automotive bets. Alongside the Semi, the company is scaling energy storage deployments, advancing Full Self-Driving software and preparing Cybercab robotaxi production. The Semi’s success would validate the company’s battery and powertrain technology across weight classes and duty cycles.

Investors appear to be pricing in that optionality. Tesla’s market value hovers near $1.37 trillion, with forward-looking models assigning meaningful value to trucking, energy and autonomy. Short-term traders will watch for any Semi-specific updates in the April 22 first-quarter earnings call, while longer-term holders focus on production milestones and fleet orders.

The broader trucking community is watching closely. Independent drivers have expressed interest in the lower operating costs and modern cabin features, including improved visibility and comfort from the redesigned cab. Fleet managers cite the Semi’s integrated safety systems — automatic emergency braking, lane-keeping and collision avoidance — as potential reducers of insurance premiums and accident rates.

Skeptics point to real-world variables: mountain grades, extreme weather and the need for reliable high-speed charging along the Interstate system. Tesla counters that pilot data already shows strong performance, and software updates can continuously improve efficiency and range.

As spring advances, Tesla is expected to ramp prototype testing and supplier qualifications in Nevada. First customer handovers could begin as early as summer, with volume increasing through the second half of the year. Musk’s tweet served as both reminder and rallying cry: after nearly a decade of promises, the electric semi is finally moving from prototype to production reality.

For Tesla, the Semi is more than a truck. It is proof that the company’s core technologies — 4680 cells, efficient power electronics and over-the-air updates — can conquer the most demanding commercial applications. Success here would bolster the narrative that Tesla is not just an automaker but a vertically integrated energy and transportation platform.

Whether the market rewards that vision depends on execution. Charging networks must expand, costs must come down and fleets must commit capital in an uncertain economic environment. Yet the viral reaction to Musk’s post Wednesday suggests the appetite is there. The sound of the Tesla Semi — quiet, powerful and unmistakably electric — may soon become a familiar rumble along American highways.

Industry watchers will track weekly production updates, early customer feedback and any announcements about pricing or reservation volumes. At current momentum, 2026 could mark the year the electric semi transitions from curiosity to commonplace. For Musk and Tesla, that shift would represent another milestone in the long road from startup to transportation giant.

NEW YORK — NVIDIA Corp. shares rose more than 1 percent in midday trading Wednesday as investors cheered ongoing production ramps of the company’s Blackwell AI platform and expectations for explosive demand in agentic AI systems throughout 2026.

At around $199.76 shortly after 11:25 a.m. EDT on April 15, 2026, NVDA stock had gained $3.30, or 1.68 percent, extending a recent recovery that has seen the chipmaker add roughly 19 percent in April alone. The shares have traded in a volatile range this year, reflecting both massive AI infrastructure spending and concerns over export restrictions and high valuations. NVIDIA’s market capitalization hovers near $4.9 trillion.

The latest uptick comes amid continued enthusiasm for NVIDIA’s data center dominance. Fiscal fourth-quarter results for the period ended January 2026 showed record revenue of $68.1 billion, up 73 percent from a year earlier, driven largely by data center sales that topped $62 billion. Full fiscal 2026 revenue reached approximately $215 billion, cementing NVIDIA’s position as the clear leader in accelerated computing for artificial intelligence.

CEO Jensen Huang has repeatedly described 2026 as the year of the “agentic AI inflection point,” where AI systems shift from simple chatbots to autonomous agents capable of complex reasoning and multi-step tasks. The Blackwell NVL72 AI supercomputer — essentially a liquid-cooled rack packed with 72 Blackwell GPUs and Grace CPUs connected by high-speed NVLink — is now in full-scale production and shipping to major cloud providers and system makers. Hyperscalers are deploying nearly 1,000 NVL72 racks per week on average, with output expected to accelerate further this quarter.

Blackwell Ultra variants and the upcoming Vera Rubin architecture promise even greater efficiency. NVIDIA claims the platform can deliver up to 30 times higher inference throughput in some benchmarks and an order-of-magnitude reduction in cost per token compared with previous generations. Cloud instances based on Blackwell are already live on AWS, Google Cloud, Microsoft Azure and Oracle, while Rubin-based systems are slated for deployment starting later in 2026.

Gaming and AI PC segments also contributed, with fiscal 2026 gaming revenue hitting a record $16 billion, up 41 percent annually. Professional visualization and automotive segments posted strong double-digit growth, though data center still accounts for roughly 90 percent of total sales.

Wall Street analysts remain overwhelmingly bullish. Across more than 50 firms, the consensus rating is Strong Buy, with an average 12-month price target around $270 to $275 — implying roughly 35 to 38 percent upside from current levels. Optimistic calls reach as high as $380 or $400, while the lowest targets sit near $205. Firms such as Rosenblatt Securities and Raymond James have nudged targets higher following NVIDIA’s GTC 2026 conference, citing sustained AI buildout momentum.

Some forecasts are even more ambitious. Certain models project NVIDIA reaching $250 to $276 by the end of 2026 under base-case scenarios, assuming continued leadership in AI infrastructure. Longer-term bulls point to Huang’s projection of at least $1 trillion in confirmed AI computing demand through 2027, backed by purchase orders from the world’s largest technology companies.

Yet risks loom. U.S. export controls have forced NVIDIA to halt production of certain advanced chips such as the H200 for the Chinese market, shifting capacity elsewhere and prompting a pivot toward compliant products like the H20. While China-related sales still contributed meaningfully in prior quarters, new licensing requirements have created uncertainty and limited upside in that region.

Supply chain constraints on advanced packaging and high-bandwidth memory have occasionally slowed Blackwell ramps, though NVIDIA and partners are expanding manufacturing beyond Asia, including new facilities involving TSMC in Arizona and Foxconn in Mexico, to build resiliency.

Valuation remains a frequent topic of debate. At current levels, NVIDIA trades at a forward price-to-earnings multiple that some view as rich, though growth-oriented investors argue the multiple is justified by 40 percent-plus expected long-term earnings growth and expanding AI software moats around the CUDA platform. The company pays a modest quarterly dividend of $0.01 per share and continues aggressive share buybacks.

Next earnings for the first quarter of fiscal 2027 (calendar Q1 2026) are expected in late May. Analysts will watch for updates on Blackwell production volumes, early Rubin design wins, energy storage and networking contributions, and any commentary on pricing or margin trends amid intense competition from AMD, Intel and custom silicon efforts by hyperscalers.

For investors debating buy or sell decisions in 2026, NVIDIA embodies the purest play on the AI infrastructure supercycle. Bulls see a multi-year runway as enterprises and governments invest in on-premises AI factories, sovereign AI initiatives and next-generation reasoning models. Bears caution that any slowdown in hyperscaler capex, geopolitical escalation or successful competition could pressure the premium valuation.

Retail enthusiasm remains high, with social media chatter focusing on technical breakouts near $185–$200 resistance levels and long-term targets well above $300. Institutional ownership stays elevated, though some funds have taken profits after the stock’s extraordinary run since 2023.

NVIDIA’s competitive edge stems from its full-stack approach: GPUs, CPUs, networking, software and systems all optimized together. The NVL72 rack, for example, functions like a self-contained “thinking machine” delivering massive performance gains in a power-efficient, liquid-cooled form factor that data centers can deploy at scale.

Broader market context also matters. Softer consumer spending or delays in AI return-on-investment timelines could temper near-term enthusiasm, while breakthroughs in agentic AI applications — from automated software engineering to scientific discovery — could accelerate adoption and justify even loftier multiples.

As spring progresses, attention will turn to production milestones, new customer announcements and potential sovereign AI deals. NVIDIA has already signaled plans to build large-scale AI supercomputers in the United States in partnership with domestic manufacturers.

The chipmaker’s story has evolved rapidly from gaming graphics leader to the indispensable engine of the global AI revolution. With Blackwell in full production, Vera Rubin on the horizon and insatiable demand for compute, 2026 shapes up as another pivotal year.

At current prices near $200, NVIDIA offers investors exposure to what many view as the defining technology platform of the decade. Those with high conviction in sustained AI spending see meaningful upside, while more cautious participants may await pullbacks or clearer signals on export dynamics and capex cycles.

Whether the stock delivers another breakout toward $250–$300 by year-end depends on execution and the pace at which AI moves from hype to widespread enterprise value creation. For now, the market continues to bet heavily on NVIDIA maintaining its crown as the king of AI accelerators.

Songkran Festival 2026 exceeded expectations, generating over 30.35 billion Baht, a 6% increase. TAT attributes success to international appeal, cultural charm, and strong partnerships, boosting tourism sustainably and globally.

Songkran Festival 2026 Success

Bangkok, 14 April 2026 – The Tourism Authority of Thailand (TAT) reports exceptional performance for the Songkran Festival 2026, with tourism exceeding expectations nationwide during 11–15 April. Generating over 30.35 billion Baht in revenue, a 6% increase from last year, the festival reflects strong confidence among Thai and international travelers, elevating its status as a world-class cultural event.

Cultural Highlights and Visitor Engagement

TAT Governor, Ms. Thapanee Kiatphaibool, emphasized the festival’s global appeal and successful collaboration between government, private sector, and communities. Key celebrations in Bangkok, like the Maha Songkran World Water Festival at Benjakitti Park, welcomed over 108,000 visitors. Saneh Art by Songkran at Lumphini Park captivated young audiences, reinforcing the festival’s cultural resonance through engaging programs.

Regional Celebrations and Economic Impact

Phra Nakhon Si Ayutthaya’s “Songkran with Elephants” and traditional northern ceremonies highlight regional cultural depth. In the South, Songkhla saw significant tourism growth, with over 36,000 Sadao border crossings and events like SUNGAIKOLOK Midnight Songkran. Overall, international arrivals reached 500,000, while domestic tourism hit 5.96 million trips, driving both revenue and Thailand’s reputation for high-quality cultural experiences.

Source : Thailand’s Songkran 2026 drives nationwide momentum with 30.35 billion Baht projected revenue

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India’s equity indices jumped 1.6% on Wednesday, tracking gains elsewhere, after reports of a second round of talks between the US and Iran boosted market expectations of the war in West Asia ending soon. The optimism remains tentative as investors weighed Donald Trump’s rhetoric on the resumption of peace talks between Washington and Tehran against the US blockade of Iranian ports, keeping oil prices elevated.

Some Recovery Since Ceasefire

The NSE Nifty ended at 24,231.30, up 1.6% or 388.65 points over Monday’s close. The BSE Sensex finished at 78,111.24, up 1.6% or 1,263.67 points. Indian markets were shut on Tuesday for Ambedkar Jayanti.

“Trump’s remark that there will be no need to extend a ceasefire has led investors to believe that the US and Iran may be on the verge of a peace deal,” said Dharmesh Kant, head of research, Cholamandalam Securities. “At the same time, until the Strait of Hormuz opens completely, markets will be walking on thin ice.”

Trump, according to news reports, said that the US-Iran peace talks could resume in Islamabad over the next two days following the breakdown of negotiations over the weekend. Earlier, the US said its navy had blockaded traffic to and from Iranian ports in response to Iran’s disruption of shipping through the Strait of Hormuz.
Brent crude futures rose 1.6% to $96.2 a barrel on Wednesday after dropping 4.6% on Tuesday. Elsewhere in Asia, South Korea gained 2.1%, and Taiwan climbed 1.2%. Japan, China and Hong Kong rose between 0.1% and 0.4%.
The halt in the offensive has been reassuring for equity investors with the Sensex and Nifty gaining nearly 5% from oversold levels since the two-week ceasefire between the US and Iran began on April 8.
The Volatility Index (VIX) — the street’s fear gauge — fell 8.9% to 18.7, as the market rebound eased near-term risk perception. Foreign portfolio investors (FPIs) bought shares worth a net ₹666.15 crore on Wednesday. Their domestic counterparts sold shares worth ₹568.98 crore. So far in April, global investors dumped shares worth ₹48,198.7 crore .

The momentum of the rebound could carry the main indices even higher. “The prudent rally since April 2 has recovered 50% of the previous fall at 24,278 levels,” said Vipin Kumar, AVP, equity research and PMS, derivatives and technical analyst, Globe Capital Market. “Any close above 24,350 levels can propel Nifty towards 24,650-24,800 levels if there is no escalation.”
All sectoral indices closed higher on Wednesday.

Walmart is giving one of its most recognizable brands a fresh look for the first time in more than a decade.

The retail giant announced Wednesday that it is rolling out a sweeping redesign of its flagship Great Value label, spanning nearly 10,000 food and household products. The effort marks the brand’s first full refresh in over 10 years and the largest private-label update in Walmart’s history.

“Great Value has earned customers’ trust over decades, and while the brand is getting a fresh, modern look, what’s inside isn’t changing,” Scott Morris, senior vice president of private brands at Walmart U.S., said in a statement. “Customers will continue to find the same trusted products at the same every day low prices they rely on.”

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The redesign introduces more modern packaging, clearer labeling and a more consistent visual system across products.

Walmart says the updates are intended to make items easier to identify on shelves, with standardized nutrition placement and clearer visual cues for shoppers.

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Great Value products are already found in roughly 90% of U.S. households, and the company says they help families save an average of 35% annually.

The new look will roll out gradually over the next two years, beginning with salty snacks and expanding across store aisles.

The move underscores Walmart’s continued investment in its private-label brands as consumer preferences evolve, according to the retailer.

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The company has also said it plans to remove synthetic dyes from its private-brand foods by January 2027.

“We believe great design should be accessible to everyone,” David Hartman, vice president of creative at Walmart, said in a statement. “At our scale, that means creating something that works clearly and intuitively across thousands of individual items, so customers can find what matters, faster. We’ve built a system that does exactly that, bringing consistency, clarity, and a sense of discovery to every shelf.”

A federal jury in New York delivered a major blow to Live Nation Entertainment on Wednesday, finding the concert giant and its Ticketmaster subsidiary liable for monopolistic practices in the ticketing industry.

The verdict stems from a sweeping multistate lawsuit that accused the company of using its dominance in concert promotion and ticketing to stifle competition, inflate prices and limit consumer choice, according to the complaint.

Live Nation shares dropped about 6% in afternoon trading after the verdict, while competitors surged. Vivid Seats jumped more than 9%, and StubHub climbed roughly 3.5%.

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Pennsylvania Attorney General Dave Sunday called the ruling a “huge win for consumers,” arguing the company maintained a “stranglehold” on the multibillion-dollar live entertainment sector.

“I am proud that our office has been part of a bipartisan coalition that continued this case under extraordinary circumstances and took it to a jury,” Sunday said in a statement.

New York Attorney General Letitia James also hailed the outcome as a “landmark victory.”

“We just won our trial against Live Nation Concerts and Ticketmaster,” James wrote on X. “A jury ruled in our favor and is holding the companies responsible for their illegal monopoly that cost consumers millions of dollars.”

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The lawsuit, joined by dozens of states, alleged Live Nation engaged in anti-competitive tactics, including locking venues into long-term exclusive agreements and leveraging control over major tours and artists to pressure venues.

Jurors concluded the company’s conduct led fans to overpay by about $1.72 per ticket, according to Bloomberg News.

Ticker	Security	Last	Change	Change %
LYV	LIVE NATION ENTERTAINMENT INC.	155.82	-10.46	-6.29%
SEAT	VIVID SEATS INC	7.42	+0.63	+9.28%
STUB	STUBHUB HOLDINGS INC	7.14	+0.24	+3.48%

A judge will determine penalties and potential remedies in future proceedings.

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Live Nation, which recently reached a settlement with the Department of Justice, is expected to appeal the verdict, Bloomberg News reported.

“We’re obviously disappointed,” Dan Wall, a lawyer for Live Nation, said in a statement. “The game is not over by any means.”

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Live Nation did not immediately respond to FOX Business’ request for comment.

Reuters contributed to this report.