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"The top 10 companies in the S&P 500 today are more overvalued than they were in the 1990s."...
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Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro...
Continue ReadingWill Tesla surprise investors or disappoint again on July 23?...
Continue ReadingUber Technologies (UBER) faces execution risk on its recently announced robotaxi program due to Luci...
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Shares of luxury vehicle maker Lucid soared early Thursday after the company announced a self-driving partnership with Uber Technologies and Nuro. Lucid stock gained more than 50% in premarket trading. Uber stock was down 0.4% at $90.37...
Continue ReadingFederal Reserve independence matters, pros say...
Continue ReadingSAN FRANCISCO, July 17, 2025--Confident Security, a new technology enabling provably private AI interactions, today announced its public launch with $4.2M in funding. The round was backed by Decibel, South Park Commons, Ex Ante, and Swyx. As AI systems increasingly handle sensitive data, from medical records to legal documents and trade secrets, privacy has become a critical concern. Confident Security addresses this challenge by making privacy a foundational part of AI infrastructure...
Continue ReadingA proposed national class action has been commenced against Amazon to recover compensation for Amazon's (alleged) misuse of data collected from Alexa users. Court File No. VLC-S-S-255295. If you live in Canada and had a user account with Amazon's Alexa between 2014 and July 19, 2023, you may be eligible for the class action...
Continue ReadingAmazon.com (AMZN) and Alphabet (GOOG, GOOGL)-backed Anthropic may face a nationwide class-action law...
Continue ReadingSAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. An Amazon spokesperson confirmed it had cut jobs but did not provide a number. Amazon, which employed 1.6 million full- and part-time workers globally as of the end of March, has joined a growing list of firms, including Microsoft, Meta, and CrowdStrike in announcing layoffs this year...
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