Rivian's Q1 earnings reveal widening net loss & negative operating income, raising concerns about its cash reserves & valuation compared to rivals like.....
Continue ReadingAppleâs 2Q24 earnings report slightly beat expectations, prompting re-evaluation. Revised fair price estimate is $221.04. Find out why AAPL stock is a Strong Buy...
Continue ReadingThe rising effectiveness of artificial intelligence is opening new possibilities for Alphabet...
Continue ReadingGoogle on Wednesday launched its digital wallet in India with local integrations, nearly two years after the app was relaunched as a digital wallet platform in the U.S. As TechCrunch exclusively reported last month, Google Wallet will operate in India alongside the existing Google Pay app, which will remain the company’s payments app in the country. Google had replaced its Pay app with Wallet in the U.S. in February. “Google Pay is not going anywhere. Google Pay is our primary payments use case,...
Continue Reading(Bloomberg) -- Holistic AI, a new startup in Paris working to leapfrog other generative AI models, has closed the first tranche of a $200 million initial financing round, according to people familiar with the deal. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyInvestors agreed to...
Continue ReadingStock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook...
Continue Reading(Bloomberg) -- Tesla Inc. is sending executive Tom Zhu back to China, where he led the carmaker’s entry into the country, according to a person familiar with the matter.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyZhu, one of the company’s three named executive officer...
Continue ReadingAnother strong quarterly report is supporting bullish sentiment for this business...
Continue ReadingQ1 2024 EVgo Inc Earnings Call...
Continue ReadingReshoring, or bringing manufacturing back to the West, is becoming a trend as companies face challenges in China. Read more to see my thoughts on reshoring...
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