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The Nasdaq surged on Thursday, with Alphabet and Advanced Micro Devices sparking a megacap rally on fresh optimism about artificial intelligence. Shares of Alphabet jumped over 5% as analysts cheered the launch of the Google-parent's newest AI model, while AMD soared more than 9% after the company estimated the potential market for its data center AI chips could reach $45 billion this year...
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Billionaire businessman Elon Musk on Thursday asked the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a "muzzle" on his constitutional free speech rights. Musk asked the justices to hear his appeal of a lower court's decision in May that upheld the decree, which arose from his August 2018 post on the social media platform then called Twitter, now called X, that he had "funding secured" to take his electric car company Tesla private...
Continue ReadingAfter an initially limited time offering, Apple has announced that its Apple Developer Program memberships now include 25 hours of compute time in Xcode cloud at no additional cost...
Continue ReadingTesla has lost a legal battle with Sweden’s postal service as its fight with Scandinavian trade unions escalates...
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New rules in battery materials in electric cars are shaking up the American automotive industry as intended. Legacy automaker Ford said on Wednesday that it is "unlikely" that its Mustang Mach-E electric crossover SUVs currently available at its dealerships and showrooms will fall under this category in January 2024. The Dearborn-based company told its dealers about the news via a bulletin and added that the restrictions by the U.S. Treasury department should be taken as "an excellent motivator to purchase [a Mustang Mach-E] before the end of the year," and that "This is a great time to reach out to customers in your pipeline to close the sale and ensure they are able to receive the credit."...
Continue ReadingThe Dow's lack of exposure to the Magnificent 7 tech stocks has put it behind the S&P 500 in 2023...
Continue Reading(Bloomberg) -- Tesla Inc.’s Dojo supercomputer project lead Ganesh Venkataramanan has left the company, according to people familiar with the matter, a setback to the automaker’s self-driving technology efforts.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferAI Powers Nasdaq 100 Rebound as Tech Storms Back: Markets WrapApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpHarvard, Penn Heads Walk Back Genocide Answers After BacklashBiden Moves t...
Continue ReadingIn this article, we will take a look at the 15 best selling laptops in 2023. If you want to skip our detailed analysis, you can go directly to the 5 Best Selling Laptops in 2023. The Laptop Industry: At a Glance According to a report by Grand View Research, the global laptop market was valued […]...
Continue ReadingIn this article, we discuss Chase Coleman and his top 10 stock picks. If you want to read about some more stocks in the Coleman portfolio, go directly to Chase Coleman Stock Portfolio: 5 Top Stock Picks. Many hedge fund managers on Wall Street owe their success to Julian Robertson, the billionaire chief of Tiger […]...
Continue ReadingWarren Buffett certainly didn't become the fifth richest person in the world by taking on battles he knew he couldn't win. Buffett and his recently deceased right-hand man at Berkshire Hathaway,.....
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