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Tesla posts strong third-quarter deliveries, while Equifax and TransUnion tumble after credit score provider Fair Isaac unveils new models that would bypass credit bureaus. Fair Isaac shares surge...
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Tesla smashed delivery expectations. Through September, Tesla has delivered 1,217,902 cars this year, down 5.9% over the same span of 2024. The surge likely was because the $7,500 federal purchase tax credit for qualifying electric vehicles expired at the end of the third quarter, as specified under President Donald Trump’s tax-and-spending bill, which became law in July...
Continue ReadingA number of stocks jumped in the afternoon session after a share sale catapulted OpenAI to a staggering $500 billion valuation, making it the world's most valuable startup and fueling broad optimism for artificial intelligence...
Continue ReadingTesla deliveries jumped to a record in Q3 as now-expired EV tax credits fueled U.S. demand. Tesla turned fractionally lower...
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A wave of upbeat AI news is giving markets more reason to shrug off shutdown risks...
Continue ReadingA number of stocks jumped in the afternoon session after the technology sector climbed as an OpenAI share sale catapulted the firm to the world's most valuable startup, bolstering optimism for artificial intelligence...
Continue ReadingA number of stocks jumped in the afternoon session after the technology sector climbed as an OpenAI share sale catapulted the firm to the world's most valuable startup, bolstering optimism for artificial intelligence...
Continue ReadingTech stocks rose late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0...
Continue ReadingOpenAI could now be the world's most valuable startup, ahead of Elon Musk's SpaceX and TikTok's parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. The investors buying the shares included Thrive Capital, Dragoneer Investment Group and T. Rowe Price, along with Japanese tech giant SoftBank and the United Arab Emirates' MGX, the source said Thursday. The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015...
Continue ReadingThe AI data-center spending spree continues...
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