The Securities and Exchange Commission's (SEC) reopening of a probe into Neuralink sparked co-founder Elon Musk to post the letter the agency sent him on his X account, with SEC officials now taking into account the timing of Musk's purchase of the social media platform. US stock futures (ES=F, NQ=F, YM=F) climb Friday morning as tech leader's rally to historic highs amid market breadth deterioration. AI chipmaker Broadcom (AVGO) continues to climb in pre-market trading following its fiscal fourth quarter earnings results with the company's own forecasts expecting a significant surge in demand for its semiconductors. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan...
Continue ReadingFormer Commerce Secretary Wilbur Ross on how the Department of Government Efficiency might shape up under the Trump 2.0 administration...
Continue ReadingWe recently compiled a list of the 10 AI News Investors Shouldn’t Miss. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other AI stocks. Angie Newman from UBS Private Wealth Management discussed how to take advantage of the ongoing artificial intelligence boom on CNBC’s Squawk […]...
Continue ReadingThe Tesla CEO shared a letter from his lawyer responding to the agency's “settlement demand” late Thursday...
Continue ReadingDA Davidson analyst Rudy Kessinger lowered the firm’s price target on Varonis (VRNS) to $47 from $50 and keeps a Neutral rating on the shares after holding talks with its Investor Relations team earlier this week. The company is generally executing well, and it seems that its new logo bookings are trending better than previously thought, but it remains difficult to make the bull case on the stock at its current valuation, the analyst tells investors in a research note. The firm adds that the bro...
Continue ReadingFIVN's new bi-directional presence feature for Microsoft Teams boosts collaboration, streamlines customer support and transforms contact center efficiency...
Continue ReadingTesla CEO Elon Musk, will be closely watching who President-elect Donald Trump picks for the latest role that has come up for grabs. The Federal Aviation Administration needs a new leader after Mike Whitaker said he would step down next month ahead of Trump’s inauguration. Musk, who himself will co-head a new government department for efficiency, was unsuccessful in pushing for Howard Lutnick to be appointed Treasury Secretary...
Continue ReadingTurkey's competition authority has fined Alphabet Inc's Google 2.61 billion lira ($75 million), for taking advantage of its dominant position in ad server services market, the regulator said in a statement on Friday. The antitrust body said Google has favored its own supply-side platform (SSP) service over rivals and that move made its competitors' operations difficult. Google must ensure within six months that competitors are not disadvantaged and provide third-party SSPs similar conditions that are applied to its own services, the regulator added...
Continue ReadingElon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler...
Continue ReadingTesla's $1.33 trillion market cap and 130x FY25 P/E ratio are unsustainable, especially compared to Rivian. See why I'm downgrading TSLA stock to a sell rating...
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