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Inflation dodged the tariff bullet again. The May Consumer Price Index rose +0.1% M/, less than the +0.2% consensus and the 0.2% increase in April...
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Piper Sandler analyst Alexander Potter sees more gains ahead for Tesla stock if the robotaxi launch goes smoothly...
Continue ReadingIn trading before U.S. markets opened Tesla shares rose as much as 2.9%, after jumping 5.7% on Tuesday...
Continue ReadingGoogle has offered buyouts to staff in several divisions in a fresh round of cost cutting, according to a company statement and reports from several news outlets. It’s not clear how many employees are affected, but the offers were made to staff in Google's search, advertising, research and engineering units, according to The Wall Street Journal. “Earlier this year, some of our teams introduced a voluntary exit program with severance for U.S.-based Googlers, and several more are now offering the program to support our important work ahead," a Google spokesperson, Courtenay Mencini, said in a statement...
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Robotaxi Debut: Tesla Picks Austin for Self-Driving Pilot Launch...
Continue ReadingTesla shares are rising in premarket trading Wednesday after three straight sessions of gains thanks to new social media posts from CEO Elon Musk...
Continue ReadingGitLab tumbles after the software company issues a disappointing outlook, while Elon Musk says Tesla expects to launch its robotaxi service tentatively on June 22...
Continue Reading(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNY Long Island Rail Service Resumes After Grand Central FireNYC Mayoral Candidates All Agree on Building More Housing. But Where?Senator Calls for Closing Troubled...
Continue ReadingThe latest investor updates on stocks that are trending on Wednesday...
Continue ReadingNews of the day for June 11, 2025...
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