Dow Jones rose after inflation cooled in October. Tesla rose after raising China electric-vehicle prices even as sales fell in October...
Continue ReadingThe Technology Select Sector SPDR Fund ETF has made a new all-time high and that factoid has been repeated on the cable financial programs many times this Tuesday. In this weekly Japanese candlestick chart of XLK, below, I see a mixed picture. The trading volume has not materially increased in the past year and that is not a positive for the uptrend...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google gives Apple Inc. a 36% share of the revenue earned via advertising from searches in the Safari browser to be the default search engine on Macs, iPhones and iPads, chief executive officer Sundar Pichai confirmed.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USWall Street Rallies on View Fed ‘Endgame’ Is Nigh: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Sub...
Continue ReadingWhile Wall Street was upbeat about the improving economic landscape, a collaboration in the AI space provided additional momentum...
Continue ReadingWhen the Tesla Cybertruck comes up in conversation, the fiercely modern-looking vehicle is guaranteed to elicit a range of intense reactions: everything from fierce devotion from Elon Musk fans who got their preorders in on day one to those who are less than enchanted with the CEO's notorious flair for big promises that don't always follow through. Tesla released a motor vehicle agreement in late November with some highly unusual small print indicating that customers cannot resell their Cybertrucks within the first year of ownership, and if they did, Tesla would sue them to the tune of $50,000. The change was noticed by the Tesla investor Sawyer Merritt, who shared a side-by-side comparison on X of the old and new guidelines...
Continue ReadingThe Hollister Hills State Vehicular Recreation Area in Northern California is a hotbed of EV off-roading activity...
Continue ReadingDow Jones leader Microsoft, along with tech titan Nvidia and MercadoLibre, are in buy zones in today's stock market rally...
Continue ReadingApple has provided developers with the sixth beta build of visionOS to try out, as the release of the Apple Vision Pro slowly approaches...
Continue ReadingApple has moved on to the third round of developer betas, with new builds of iOS 17.2 and iPadOS 17.2 now available for testing...
Continue ReadingAmazon.com Inc. Founder Jeff Bezos, known globally as one of the wealthiest and most influential entrepreneurs, is often seen as a cool and confident figure. Yet, those who knew him before Amazon’s ascent offer a contrasting view. In a CNN interview, early acquaintances describe a young Bezos as a geeky, prematurely balding man, slightly out of shape and distinguished by his hyenalike laugh. The CNN video, titled “Nerdy, Geek: Friends Describe Jeff Bezos in his 20s," features several friends and...
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