(Bloomberg) -- Ron Baron, an early backer of Tesla Inc., is deepening his embrace of Chief Executive Officer Elon Musk by setting up partnerships that would permit clients to invest in two of the billionaire’s private ventures.Most Read from BloombergUS Floats Stricter Trade Rules to Rein In China’s Chip IndustryBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessHSB...
Continue ReadingAlphabet's (GOOGL) second-quarter 2024 results are likely to reflect strength in generative AI, search and cloud amid litigation concerns...
Continue ReadingIBM (IBM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations...
Continue ReadingAmazon is going after a different type of customer, one that it may have been overlooking...
Continue ReadingTesla shares have been on a strong run, fueled by vehicle deliveries that weren’t as bad as expected. A new deal highlights another aspect of Tesla’s business: its fast-rowing energy storage unit. More about the deal by Intersect Power here: Wall Street Wants In on America’s Battery Storage BoomA surge in solar power lets battery companies charge up during the day when power prices are low and sell in the evening at higher prices...
Continue ReadingReports name DataDog as a possible buyer...
Continue ReadingWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores...
Continue ReadingMajor retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with the Amazon sales event. Amazon has been able to take away market share from other retailers during the month as customers get access to sizable discounts during Prime Day, which began a decade ago, and can place orders for items available for same- or one-day delivery...
Continue ReadingAmazon stock has started strong in 2024, with good Q1 results. Analysts are expecting strong Prime Day sales...
Continue ReadingThe Biden administration has taken measures to prevent firms in China from using U.S. technology for artificial intelligence, including advanced semiconductors, as the burgeoning sector raises security concerns. Microsoft, Alphabet, Nvidia and the Department of Commerce did not immediately respond to Reuters requests for comment. The Biden administration has proposed requiring cloud companies to determine whether foreign entities are accessing data centers in the United States to train AI models, U.S. Commerce Secretary Gina Raimondo told Reuters in January...
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