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Ark Invest's price targets on Tesla shouldn't be taken too literally and may prove overly optimistic (again), but they are based on sound arguments. Tesla has a history of overpromising and underdelivering on full self-driving. Tesla could still be a highly lucrative investment if its robotaxi business succeeds...
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Billionaire and Tesla (NASDAQ:TSLA) CEO Elon Musk argued in March that if a commercial company operated like the U.S. federal government, it “would go immediately bankrupt.” But economist and former U.S. Labor Secretary Robert Reich says that’s exactly the point—the government isn’t a business and shouldn’t be run like one. Government Is About People, Not Profits Musk: If a commercial company operated the way the federal government does, then it would be — immediately go bankrupt. It would be de...
Continue ReadingBefore he became the richest man in the world, Elon Musk set out to prove something to himself—that if all his bold ideas failed, he could still survive in America. Literally. In a 2015 interview with astrophysicist Neil deGrasse Tyson on StarTalk Radio, Musk reflected on his early mindset, revealing just how far he went to test his personal threshold for survival. At the time, he had already founded Tesla and SpaceX, but the conversation turned to a much earlier phase in his life—just after col...
Continue ReadingThe limited Austin ride-hailing service is officially underway., as Elon Musk had signaled. It includes safety monitors...
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The company's dual approach captures both the hardware development upside and the cloud infrastructure opportunity that will power the quantum revolution. Artificial intelligence could compress decades of quantum research into years, creating a massive opportunity for the platform that hosts it all. While investors chase quantum moonshots like Rigetti Computing -- up over 1,100% over the prior 12 months -- and IonQ -- up nearly 500% over the same period -- Amazon (NASDAQ: AMZN) is quietly building the infrastructure to profit no matter who wins the quantum computing race...
Continue ReadingHere’s a look at Nvidia’s path to where it is today, from creating hardware for the gaming industry to designing the chips that power AI...
Continue ReadingMicron Technology is playing an important role in the rise of AI technologies. MercadoLibre operates in an underpenetrated region that's growing rapidly. If you had invested $1,000 in Amazon stock 10 years ago, that investment position would now be worth nearly $10,000...
Continue ReadingHere's how markets may behave after the United States bombed Iran nuclear facilities Saturday...
Continue ReadingRoku is a long-term growth play with recent volatility and a promising ad partnership with Amazon. Costco continues to deliver market-beating returns, justifying its premium price tag. Target is a risky turnaround story, priced for pessimism but showing signs of a strategic comeback...
Continue ReadingAmazon has a clear path toward a $3 trillion market cap through its cloud computing growth and AI investments. While it faces some obstacles, Alphabet has the right collection of businesses to hit $3 trillion in the next few years. The combination of AI and serving ads on WhatsApp and Threads should help drive Meta Platforms to a $3 trillion market cap in the coming years...
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