(Bloomberg) -- Samsung Electronics Co. is considering adding an affordable option to its portfolio of foldable phones, in a move to hasten adoption of the novel form factor.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell Freezes at Start of News Conference,...
Continue ReadingThe future of Waymo Via had been whispered about for months after parent Alphabet Inc. cut thousands of jobs across the company earlier this year. The post Waymo Via backs away from autonomous trucking appeared first on FreightWaves...
Continue ReadingThe picture emerging from the Q2 earnings season is one of continued resilience and strength, with an above-average proportion of companies beating estimates and providing reassuring guidance...
Continue ReadingAutonomous driving software has come under strong regulatory scrutiny at a time when investors are concerned about heavy investments in the technology amid protracted development timelines. The company said it is seeing significant growth and demand for ride-hailing services in San Francisco, Phoenix and Los Angeles, and is focusing on achieving commercial success in the business. Waymo said it will continue its collaboration with strategic partner Daimler Truck North America to take its autonomous trucking platform forward...
Continue ReadingBoth Microsoft and Alphabet reported better-than-expected earnings and highlight their investments in artificial intelligence, Boeing posted a narrower-than-forecast loss, XPeng said it is getting a $700 million investment from Volkswagen, and Snap stock tumbled on a disappointing revenue forecast...
Continue ReadingThe S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation...
Continue ReadingMeta's improved financial picture is allowing the company to invest in the money-losing metaverse, while rival Snap is under increased pressure...
Continue ReadingThe rapid adoption of generative AI points to a productivity boom in the near future. What does that mean for your job, the economy and the stock market?...
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