Page 2118 of 9001
Tesla (NASDAQ: TSLA) stock raced ahead by 7% through 10 a.m. ET Monday after Bloomberg reported that the incoming Trump administration wants to enact "a federal framework for fully self-driving vehicles." CEO Elon Musk has repeatedly said that he considers artificial intelligence (AI) and autonomous driving technology the keys to Tesla's future growth. Problem is, profit margins on electric cars have fallen as early adopters have made their purchases and demand elsewhere in the market has dwindled...
Continue Reading
Investing.com - Globalstar Inc (NYSE:GSAT). plans to shift its stock listing to the Nasdaq Global Select Market in early 2025 and execute a reverse stock split to boost visibility and attract more institutional investors, the satellite communications provider said on Monday...
Continue ReadingWarner Bros. and the NBA have reached an agreement that will extend their media partnership an additional 11 years...
Continue ReadingInvestors flocked to Tesla as President-elect Trump promised to ease regulations on autonomous vehicles...
Continue Reading
US Equity Indexes Mixed In Midday Trading...
Continue ReadingNvidia's stock has surged, but high valuation and Blackwell GPU risks raise concerns. Learn why NVDA stock faces downside potential despite Q3 revisions...
Continue ReadingPresident-elect Donald Trump is considering eliminating the EV tax credit from Biden's Inflation Reduction Act (IRA), which currently allows purchasers of electric vehicles in 2023 and later to qualify for a tax write-off up to $7,500. Simultaneously, the incoming Trump administration is reportedly looking to push through a regulatory framework on full self-driving autonomous vehicles. Zero Emission Transportation Policy executive director Albert Gore III joins Catalysts to discuss the potential implications. "Ultimately, these policies are working to lower costs for consumers and bring jobs to the United States," Gore tells Yahoo Finance and eliminating these policies could threaten that balance. Despite the potential changes, Gore is confident that the Trump administration wants to prioritize domestic job creation: "I think we need to have a strong demand signal that sends the message all the way up through the supply chains that they need to invest in the United States." 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 ReadingThe Tesla Cybercab, a fully autonomous electric ride-hailing vehicle, will be manufactured before 2027...
Continue ReadingTesla shares soar as Trump's administration eyes regulatory support for self-driving vehicle technology...
Continue ReadingElon Musk's ongoing legal battle with OpenAI and the artificial intelligence (AI) company's CEO, Sam Altman, escalates with Musk adding Microsoft (MSFT) and LinkedIn co-founder Reid Hoffman to the suit. Musk alleges OpenAI and early leaders conspired to defraud him by putting commercial interests before the public good. Cornell Tech Policy Institute Director Sarah Kreps joins Brad Smith and Madison Mills on Catalysts to provide an overview of the lawsuit and how Musk's new role in Trump's White House affects the case. "The lawsuit is interesting in itself, and I think is emblematic of a lot of the complications and complexities of these issues," Kreps says, adding, "In this case with Microsoft and Elon Musk's concern about antitrust, I found [it] very interesting that he was adding Microsoft to this lawsuit in the sense that Microsoft is good at a lot of things. but one of the things that's probably best at is defending against antitrust [allegations]. It has a lot of experience from the 1990s and early 2000s. But it certainly seems peculiar now, or not surprising given that OpenAI is worth about $157 billion, that Musk wants to get in on that action. But his role in the White House and his influence, I think, will complicate things considerably." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan...
Continue Reading