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Shares Have Gained 30% This Week...
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The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. All major U.S. indices posted modest gains in midday trading, with the Dow Jones Industrial Average leading slightly, soaring beyond the 44,000-point mark. The blue-chip index is set for its best...
Continue ReadingWASHINGTON (Reuters) -The National Highway Traffic Safety Administration raised concerns about Tesla social media posts that suggested its Full Self-Driving software can be used as a robotaxi and does not need driver attention. NHTSA in October opened an investigation into 2.4 million Tesla vehicles with FSD software after four reported collisions, including a 2023 fatal crash, during conditions including sun glare, fog, and airborne dust. In a May 14 email made public on Friday, NHTSA told Tesla its social media postings could encourage people to see FSD as a robotaxi "rather than a partial automation/driver assist system that requires persistent attention and intermittent intervention by the driver."...
Continue ReadingThe National Highway Traffic Safety Administration raised concerns about Tesla social media posts that suggested its Full Self-Driving software can be used as a robotaxi and do not need driver attention. NHTSA in October opened an investigation into 2.4 million Tesla vehicles with FSD software after four reported collisions, including a 2023 fatal crash. In a May 14 email made public Friday, NHTSA told Tesla its social media postings could encourage people to see FSD as a robotaxi "rather than a partial automation/driver assist system that requires persistent attention and intermittent intervention by the driver."...
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Pinterest Might Need Stronger Growth as Soon as First Quarter to Meet Street Views, RBC Says...
Continue ReadingFinancial writer examines Tesla, Inc.'s Cybertruck challenges & overvaluation, questioning long-term viability & market cap justification. Click for our TSLA update...
Continue ReadingAI chipmaker Nvidia has officially joined the Dow Jones Industrial Average, replacing its struggling counterpart Intel...
Continue ReadingTesla is making its Cybertruck more financially attractive to buyers — but the offer may be only fleeting...
Continue ReadingPinterest stock sank after its sales guidance underwhelmed. Analysts remain bullish on Amazon and Google partnerships...
Continue ReadingAmazon is considering a further multi-billion-dollar investment, following its initial $4 billion stake...
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