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Microsoft briefly overtook Apple as the world's most valuable company on Thursday...
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Tesla stock is working on its ninth loss in 10 trading days. Hertz is dumping many Tesla EVs, citing weak demand and high collision costs...
Continue ReadingTV software platforms have become increasingly important as companies look to gain advertising and e-commerce revenue from viewers amid the shift to streaming video. Amazon and Roku also produce their own branded TV sets...
Continue ReadingThe last time Microsoft was ahead of Apple in terms of market valuation was November 2021, according to Dow Jones Market Data...
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Tesla is raising wages for assembly-line workers in the U.S. The United Auto Workers union should take a victory lap. The news does show that worker wages don’t make or break car companies. Bloomberg, on Thursday, reported that Tesla was raising wages for assembly-line workers after seeing a poster announcing changes posted at the Fremont, Calif. plant...
Continue ReadingAmazon's (AMZN) $1.4 billion deal to buy iRobot (IRBT) may be in jeopardy. The tech giant missed a deadline to offer concessions to European regulators, who have concerns the deal could stifle competition in the robot vacuum market. Yahoo Finance Live reports on the latest trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich...
Continue ReadingThe car-rental company said it would use some proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles...
Continue ReadingMicrosoft earlier Thursday [moved above Apple](https://www.wsj.com/finance/stocks/microsoft-dethrones-apple-as-the-largest-u-s-company-c64d5075) as the U.S. company with the largest market cap. Those two have since handed that honor back and forth, but if the software giant closes the day in the top spot it will be the first time the iPhone maker hasn't been there since 2021...
Continue Reading(Bloomberg) -- Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, Voice Assistant TeamsSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughThese Are the World’s Most Powerful Passports in 2024Amazon’s Twitch to Cut 500 Employees, About 35% of StaffWhite House Throws Support Behind Seizing Frozen...
Continue ReadingMicrosoft’s AI-powered stock rally has made the software giant the largest U.S. company by market value, surpassing Apple for the first time since November 2021...
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