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Tesla shares soared after Elon Musk's China trip and endorsement by Chinese leaders for driver-assistance technology. Read why I'm bullish on TSLA stock...
Continue ReadingParamount Global names 3 to CEO role, regulators investigate Ford’s hands-free driving system, and other news to start your day...
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Lucid's deliveries grew slower than the overall US EV market, indicating deteriorating market share. Read why I rate LCID stock a Strong Sell...
Continue ReadingE-commerce titan Amazon.com may be under increasing pressure to offer investors a dividend, as it now finds itself one of the few massive U.S. technology and growth companies not making regular payouts to shareholders. Google parent Alphabet last week became the latest of the so-called Magnificent Seven group of market heavyweights to start paying a dividend, after Meta Platforms declared one in February. That has left Amazon and Tesla as the only companies in the group that do not pay a dividend...
Continue ReadingBig Tech companies have ramped up spending to compete on AI. They're compensating shareholders for the effort, too...
Continue ReadingTesla produced more vehicles than it delivered last quarter, leading to more cash usage than desired...
Continue ReadingIBM (NYSE: IBM) today announced the expansion of IBM Technology Expert Labs in Markham, Ontario, Canada to support Canadian and global organizations as they continue to adopt and integrate generative AI, such as watsonx, IBM's AI and data platform, Hybrid Cloud, and Cybersecurity solutions...
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