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The S&P 500 and Nasdaq hit highs as Apple soared. Oracle soared late on AI deals. The Federal Reserve rate outlook and CPI inflation loom...
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The deal strengthens OpenAI’s position, raises questions about the startup’s relationship with Microsoft—and is a setback for Google...
Continue ReadingTesla stock could fall a lot if shareholders repudiate the CEO’s 2018 pay package at its annual meeting on Thursday...
Continue ReadingGeneral Motors announced $6 billion in buybacks and lowered EV output target. GM stock extended a breakout...
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Tesla stock angled lower Tuesday, breaking below a key level of support ahead of Thursday's annual shareholder meeting and the vote results on Chief Executive Elon Musk's 2018 $56 billion pay package. TSLA shares dropped below its 50-day moving average for the first time since May 13 on Tuesday as investors appear to be hedging in the run-up to the EV giant's annual shareholder meeting later this week. Late Monday, CNBC reported that California State Teachers' Retirement System (CalSTERS) opposes Musk's compensation deal...
Continue ReadingSector Update: Tech Stocks Advance Late Afternoon...
Continue ReadingTaiwanese chip design giant MediaTek is developing an Arm-based personal computer chip that will run Microsoft's Windows operating system, according to three people familiar with the matter. Last month, Microsoft unveiled a new generation of laptops that feature chips designed with Arm Holdings tech which provide enough horsepower to run the artificial intelligence applications executives said were the future of consumer computing. The MediaTek chip is geared toward this effort...
Continue ReadingInvesting.com-- U.S. stock index futures steadied in evening deals on Tuesday after an artificial intelligence-fueled rally put Wall Street at new highs, with focus turning to the Federal Reserve and upcoming inflation data...
Continue ReadingAriel Investments' 13F portfolio value increased to $10.17B this quarter, with around 150 positions. Check out the holdings and trades in Q1 2024...
Continue ReadingA California police department is testing out the use of Tesla Model Ys as patrol vehicles, while the outfitter is looking to supply Cybertrucks...
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