Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new $25,000 EV that investors had expected to drive explosive vehicle sales growth, according to people familiar with the matter.
“Reuters is lying,” Musk had posted on X,
Both of these AI-fueled tech sector leaders are producing great financial results, but the market has drastically different price outlooks for them.
Artificial intelligence (AI) has been the driving force behind the stock market’s gains since the bottom of the recent bear market in October 2022. Breakthroughs in generative AI’s capabilities created a lot of excitement about the potential of new uses for AI within businesses.
» Read more about: Palantir vs. Alphabet Stock: Wall Street Says Buy One and Sell the Other »
Asian stocks fell on Monday, weighed down by escalating geopolitical tensions and fresh trade friction between the US and China.
Hong Kong’s Hang Seng Index (^HSI) led regional losses, sinking 2.2% as renewed sparring between Beijing and Washington spooked investors.
Markets in mainland China were closed for a public holiday,
Photo-Illustration: Intelligencer; Photo: Getty Images
On April 2nd, which he dubbed “Liberation Day,” President Trump announced that he would impose punishing, so-called reciprocal tariffs on about 90 countries. Soon after, I spoke with Wedbush Capital analyst Dan Ives, who warned that the U.S.
» Read more about: Why Wall Street Is Unfazed by Trump’s Tariff Chaos »
If you’ve been tracking hot tech trends lately, you’ve probably noticed quantum computing popping up more and more. And no surprise, it’s one of the buzziest corners of the tech world, right alongside artificial intelligence.
In fact, a report two years ago from McKinsey predicted that quantum tech could unlock $1.3 trillion in value across industries like automotive,
Limited (IBUK) has been serving UK investors for over 25 years and has enjoyed explosive growth over the past year.
» Read more about: Maximize Your Savings: Comparing Today's Bank, Broker, and Treasury Rates »
I’ve read several articles recently suggesting that United Parcel Service (UPS -0.55%) should cut its dividend. The reasoning is that the world’s largest package delivery company could create more value for shareholders if it did.
While the idea of a dividend cut might be appealing to some,
Chinese authorities on Monday accused the U.S. of violating a recent trade pact that both agreed to in Geneva last month, as they dismissed President Donald Trump’s allegation about Beijing breaching the agreement, a move that could signal a further escalation in trade tensions between the two countries, which could potentially jeopardize last month’s tariff truce.
» Read more about: China Rejects Trump’s Allegations And Accuses US Of Violating Trade Pact »
Human cybersecurity managers are struggling to handle the high frequency of incidents in an increasingly digital world, but artificial intelligence (AI) can reduce alert fatigue to ensure fewer threats slip through the cracks in even the most complex organizations. SentinelOne (S 1.52%) developed a holistic cybersecurity platform called Singularity,
