China tentatively approves Tesla’s plan to launch ‘Full Self-Driving’ software in the country, and SoFi reports its second straight quarter of profitability but the stock falls as second-quarter guidance disappoints...
Continue ReadingWe're still well over a month out from WWDC, but Apple went ahead and snuck in another event. On Tuesday, May 7 at 7 a.m. PT/10 a.m. ET, the company is set to unveil the latest additions to the iPad line. According to the rumor mill, that list includes: a new iPad Pro, iPad Air, Apple Pencil and a keyboard case. More surprisingly, the event may also see the launch of the new M4 chip, a little over six months after the company unveiled three new M3 chips in one fell swoop. Why the quick silicon r...
Continue ReadingU.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week. Traders expected the Fed to keep rates unchanged while striking a hawkish tone. Tesla shares surged 15.3%, after the electric vehicle maker made progress in securing regulatory approval to launch its advanced driver-assistance program in China, its second-largest market after the U.S...
Continue ReadingApple stock is down about 10% year to date amid a host of headwinds, but investors hope for some good news with its fiscal Q2 report...
Continue ReadingAmazon earnings are due Tuesday. Amazon stock analysts are watching the company's AI growth and spending...
Continue ReadingS&P 500 Companies' Latest Quarterly Results Mixed so Far, Oppenheimer Says...
Continue ReadingInvestor favorite Apple is slated to unveil quarterly results this week, representing another one of the 'Mag 7' reports. Underperforming year-to-date, can solid quarterly results give shares their mojo back?...
Continue ReadingAMD will report its Q1 earnings after the bell on Tuesday, as Wall Street looks for signs of AI and PC sales growth...
Continue ReadingThe sell-side consensus around Amazon looking out 3-5 years is that revenue growth is expected to slow, i.e. to never return to the +20% pace the ecommerce giant generated from 2002 to 2021...
Continue ReadingThe Dow Jones rose. Elon Musk made an AI boast while Tesla soared on the stock market today. Cathie Wood snapped up a diving AI stock...
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