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It is one of the biggest bugbears of any holidaymaker – you arrive at the chosen destination only to find your luggage is nowhere to be seen, seemingly lost in a conveyor belt-shaped vortex...
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Driverless Tesla EVs are hitting the road...with a major caveat...
Continue ReadingCFRA analyst Garrett Nelson joins Catalysts host Seana Smith to discuss his Tesla (TSLA) outlook for 2025, reaffirming his Buy rating on the stock. "I think the stock is pricing in a much easier regulatory environment for autonomous driving, and we think Tesla has the best technology out there," he tells Yahoo Finance, noting that the stock has surged tremendously since the 2024 election results. "They're really going to be the biggest winner." Nelson explains that President-elect Donald Trump's transition team has identified autonomous driving regulation as "the number one priority" for the Department of Transportation to make autonomous vehicles a "reality." He describes this as "the future of Tesla," which will "unleash" an enormous market opportunity for the company. However, Nelson forecasts that the electric vehicle maker will fall short of its 2025 sales targets. He tells Yahoo Finance: "If they continue to make progress towards getting approval for fully autonomous vehicles, that's really what's going to matter more, and we think investors will be forgiving if they fall short of that guidance." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...
Continue ReadingWith cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire. By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI boom, and Meta is planning a new $10 billion subsea cable that will span the entire globe. Google, for its part, recently announced Umoja, the first subsea fiber-opt...
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Google has changed its terms to clarify that customers can deploy its generative AI tools to make "automated decisions" in "high-risk" domains, like healthcare, so long as there's a human in the loop. According to the company's updated Generative AI Prohibited Use Policy, published on Tuesday, customers may use Google's generative AI to make "automated decisions" that could have a "material detrimental impact on individual rights." Provided that a human supervises in some capacity, customers can...
Continue ReadingRealty Income Corporation faces challenges but remains attractive for returns. See why O stockâs covered calls provide a strong yield versus simple buy-and-hold...
Continue ReadingTesla accused Germany's IG Metall union of trying to sow unrest at the EV maker's gigafactory near Berlin by seeking to oust the head of the works council, in the latest sign of the sour relationship between the two sides. IG Metall, Germany's most powerful union, said earlier it had filed a motion with a local court to remove the plant's works council head - who is not a member of the union - from the committee. The union cited violations to German labour law restricting IG Metall's influence and preventing it from properly representing workers' interests...
Continue ReadingTesla stock’s end-of-year rampage rolled on, with shares hitting another high based on optimism for Tesla's "autonomous opportunity" and a Trump-controlled executive branch...
Continue ReadingWhen explaining their return-to-office (RTO) mandates, companies tend to point to factors like increased productivity, improved company cultures, and facilitated teamwork. But according to a new survey, another big reason companies are choosing to make workers return to the office is because they’re tired of paying for empty office space...
Continue ReadingWaymo, the robotaxi company owned by Alphabet (GOOG, GOOGL), is set to partner with Japan's largest taxi operator Nihon Kotsu and a taxi-hailing app GO in Tokyo in early 2025. Waymo is also looking to expand domestically in Miami sometime in 2026. Catalysts Co-hosts Seana Smith and Madison Mills discuss the announcement and what it means for Waymo and Alphabet. General Motors (GM) is also set to scrap Cruise, its autonomous driving business, and integrate it into its other units. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan...
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