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Tesla’s Q2 deliveries were not as bad as some feared. That, however, does not make the stock a buy, at least for the short term...
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Michael Karanicolas: The U.S. has the power to turn off our digital lights. Why we put up with it is puzzling...
Continue ReadingShares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple's record closing value of $3.915 trillion on December 26, 2024. Nvidia's newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, company. Microsoft is currently the second-most valuable company on Wall Street, with a market capitalization of $3.7 trillion as its shares rose 1.5% to $498.5...
Continue Reading(Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, briefly putting it on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.4% to $160.98 in morning trading, giving the company a higher market capitalization than Apple's record closing value of $3.915 trillion on December 26, 2024. The shares were last up 1.5% at $159.60, leaving Nvidia's stock market value at $3.89 trillion, just short of Apple's record...
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Shares of the leading designer of high-end AI chips were up 2.2% at $160.6 in morning trading, giving the company a higher market capitalization than Apple's record closing value of $3.915 trillion on December 26, 2024. Nvidia's newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, company. Microsoft is currently the second-most valuable company on Wall Street, with a market capitalization of $3.7 trillion as its shares rose 1.5% to $498.5...
Continue ReadingA surprise payroll beat just flipped the Fed's script. Yields spiked, and July cuts may be off the table...
Continue ReadingA jury just handed Google a $314M blow over secret Android data use. Another trial is coming...
Continue ReadingTesla stock was rising early Thursday, one day after gaining 5% following the company’s dismal second-quarter delivery report. Shares of Tesla were up 0.1% at $315.89 in early trading, while the and were up 0.6%. Tesla delivered 384,122 cars in the second quarter, very close to the company’s compiled consensus of about 386,000 vehicles...
Continue ReadingThe 4D imaging radar market is expected to grow from USD 392.8 million in 2025 to USD 1,206.9 million by 2030, at a CAGR of 25.2% according to a new report by MarketsandMarkets™. The 4D imaging radar market is driven by the rising demand for autonomous vehicles and advanced driver-assistance systems (ADAS), which require precise environmental perception for safe navigation. 4D radar captures range, azimuth, elevation, and velocity, enabling accurate object detection even in poor visibility. Auto...
Continue ReadingSTORY: Tesla's challenges in Germany showed no signs of slowing down on Thursday (June 3).Industry data saw the electric vehicle giant's sales volume down 60% in the country in June.That was despite sales of battery EVs rising overall.The data was provided by German road traffic agency KBA.It said Tesla sold 1,860 cars in Germany last month - down 60% from a year earlier.It comes after the number of Teslas sold in the first half of the year dropped 58% compared with a year earlier.The KBA said the total number of newly registered EVs went up by close to 9% in June.Tesla's sales also dropped for a sixth straight month in France, Sweden, Denmark and Italy.It shows the challenges the company faces as competitors with newer models gain market share.CEO Elon Musk's popularity has also declined, with protests against him seen in Germany earlier this year.By contrast, the data showed Chinese giant BYD saw sales jumped threefold to 1,675 units in June...
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