This article first appeared on GuruFocus. Oct 9 - Nvidia (NASDAQ:NVDA) CEO Jensen Huang has confirmed the company's investment in Elon Musk's artificial intelligence startup, xAI, and says he wishes he had gone in even bigger. Speaking with CNBC, Huang described the financing opportunity as exciting and added that he wants to be involved in everything Musk does...
Continue ReadingFerrari's (RACE, RACE.MI) stocks are deep in the red after the luxury car maker announces details of the Elettrica EV. What do Las Vegas Sands (LVS) and Alibaba (BABA, 9988.HK) have in common? They are both part of the NBA's plans to relaunch in China. Jefferies (JEF) takes a hit from its exposure to bankrupt car parts company First Brands. And Uniqlo's parent company Fast Retailing (9983.T) rallies on strong full-year results. For more live coverage of markets watch the full episode of Market Sunrise and head to Yahoo Finance...
Continue ReadingTaiwan Semiconductor sales were strong after Nvidia CEO Huang lifted the S&P 500 to highs. Delta Air rose on earnings...
Continue ReadingThe National Highway Traffic Safety Administration said it’s aware of 58 examples, including instances in which vehicles drove in the wrong direction on a road. Tesla didn’t immediately respond to a request for comment. The probe broadens the scrutiny of Tesla’s driver-assistance technology and adds to other investigations over the automaker’s doors and Autopilot system...
Continue ReadingJackery has announced significant discounts on its solar-powered energy solutions during Amazon's Prime Big Deal Days, highlighting advancements in clean energy products for home and outdoor use. Among the offerings are the new Jackery HomePower 3600 Plus and Explorer 240D, which feature robust capabilities for home backup and portable power needs, underscoring a commitment to sustainability and energy accessibility. The HomePower 3600 Plus, with its substantial capacity and modular.....
Continue ReadingNHTSA is looking into Tesla’s FSD driver assistance product to see how often it violates traffic rules...
Continue ReadingThe movie has been a huge hit, becoming Netflix’s most-watched original film. The first-half gains would be reason enough for investors to think twice about buying Netflix shares. Then President Donald Trump threatened to impose a 100% tariff “on any and all movies that are made outside of the United States,” and Elon Musk urged his social-media followers to cancel their subscriptions after taking issue with comments made by the creator of a now canceled Netflix show...
Continue ReadingNetflix has seen and overcome far bigger threats...
Continue ReadingArcher Aviation Inc. surged on rumors of a Tesla partnership but dropped sharply after no deal materialized. Read why ACHR stock is a Buy...
Continue ReadingLOS ANGELES (Reuters) -When Tesla directors offered Elon Musk the biggest executive pay package in corporate history in September, it reassured investors that he would have to achieve the equivalent of “Mars-shot milestones” to earn $878 billion in Tesla stock over 10 years. The board’s proposal said Musk would have to “completely transform Tesla and society as we know it” in robotics and autonomous driving as well as stock value and profits. Conversely, Musk would get “zero” unless he meets those “incredibly ambitious” goals...
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