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The Standard & Poor's 500 index edged down 0.2% this week as gains in the energy, technology and fin...
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Tesla's (TSLA) robotaxis are expected to hit the street this weekend in Austin, Texas. Stifel NextGen Transport analyst Stephen Gengaro says that investors shouldn't expect to see a slew of robotaxis hitting the roads across America just yet. Find out why in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination here...
Continue ReadingApple Inc. (NASDAQ:AAPL) is reportedly looking to harness the power of generative artificial intelligence to accelerate the development of the custom chips that power its devices, according to senior executive Johny Srouji. What Happened: During a speech in Belgium last month, Apple's senior vice president of hardware technologies, Srouji, said the company is exploring generative AI to streamline chip design, calling it a major productivity opportunity, reported Reuters on Wednesday. "Generative...
Continue ReadingTesla stock slips. CEO Elon Musk previously said the company’s launch of its robo-taxi service in Austin, Texas, was tentatively scheduled for Sunday, June 22...
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This is what could happen next with shares of Micron Technology...
Continue ReadingThe launch, however, appears to be on track, despite Texas Democrats’ efforts to persuade CEO Elon Musk to delay the start of its service. Coming into Friday’s trading, Tesla stock had risen 35% since the April 22 first-quarter earnings conference call, when management reiterated its plan for a June launch of its robo-taxi service. Earlier this month, Musk said Sunday was the target date for the launch of the service...
Continue ReadingMicrosoft Corporation (NASDAQ:MSFT) is one of the 10 software stocks analysts are upgrading. On June 13, Wells Fargo upped the price objective on the company’s stock to $565 from $515, while keeping an “Overweight” rating, as reported by The Fly. As per the firm, the investors need to be selective during the summer in software. Overall, H2 […]...
Continue ReadingTrading near 52-week highs of over $200 a share, Jabil (JBL) stock may be poised for more upside after posting strong results for its fiscal third quarter this week...
Continue ReadingThe partnership is between Disney’s Real-Time Ad Exchange and Amazon’s Demand Side platforms...
Continue ReadingTesla (NASDAQ:TSLA) has filed a federal lawsuit against former engineer Zhongjie "Jay" Li, alleging that he stole trade secrets tied to the company's ambitious Optimus humanoid robot program, and used them to launch a competing Silicon Valley startup, Bloomberg reports. The lawsuit, filed June 11 in the U.S. District Court for the Northern District of California, claims Li downloaded proprietary data related to Optimus’s robotic hand systems just before leaving Tesla in September. According to t...
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