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Two company insiders sold a combined $200 million in Tesla stock. Tesla's Robotaxi service faces increased competition, and the company recently reported a sharp decline in vehicle deliveries. Shares of Tesla are trading at a steep premium to their historical valuation...
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In the closing of the recent trading day, Microsoft (MSFT) stood at $463.87, denoting a +0.19% change from the preceding trading day...
Continue ReadingIBM (IBM) concluded the recent trading session at $265.52, signifying a +0.12% move from its prior day's close...
Continue ReadingThis is what could happen next to Apple shares...
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(Reuters) -Apple on Wednesday failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker to immediately open its lucrative App Store to more competition. The 9th U.S. Circuit Court of Appeals rejected Apple's request to put the provisions on hold as the tech company appeals the judge's order, which came in a long-running antitrust lawsuit brought by “Fortnite” maker Epic Games. U.S. District Judge Yvonne Gonzalez Rogers in April found Apple in contempt of an earlier injunction order she issued in the Epic Games case...
Continue ReadingReddit files suit against Anthropic, claiming its user data was used to train AI models without a licensing deal...
Continue ReadingInvestors continue betting on Nvidia's dominance in AI chip infrastructure...
Continue ReadingThe IVES ETF includes 30 AI-focused tech stocks. It puts analyst Dan Ives in the unusual position of covering tech companies while pitching a fund full of their stocks...
Continue ReadingSUNNYVALE, Calif. (Reuters) -Amazon wants customers to know that artificial intelligence is not just for writing college essays. In a series of announcements Wednesday, Amazon demonstrated how stockroom robots, delivery people and its sprawling warehouses will all benefit from a hefty dose of artificial intelligence, speeding packages to customer doorsteps. Using so-called agentic AI, these robots will be able to unload trailers and then retrieve parts for repairs, according to Amazon...
Continue ReadingTesla shares fell close to 4% Wednesday as reports indicated the electric vehicle maker's sales continued to slip in some key markets last month...
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