Tesla decommissioned its Model S and X production in less than seven weeks. The plan is to replace the S and X with humanoid robots.
Barrons.com
AI News
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Musk and Altman Clash Again
1 days agoThe rivalry now spans lawsuits, AI models and competing business plans.
GuruFocus.com
The electric vehicle company will post its second-quarter results next week.
Motley Fool
Tech stocks fell on Monday amid an ongoing debate over artificial intelligence spending and profitability.
Yahoo Finance
Analysts had no idea how big this would be.
Motley Fool
SpaceX’s ambitions span many industries, which is creating a problem for Wall Street brokers covering the stock.
Barrons.com
NuScale Power is now valued below $4 billion.
Motley Fool
Apple Heads Into Earnings This Month With This Analyst Seeing Margin Expansion, 16% Upside Ahead
1 days agoCiti expects Apple to report higher margins for the third quarter due to recent price hikes across its product portfolio.
Stocktwits
Recent developments in the AI chip sector include a notable collaboration between VERAXA Biotech and Ardigen. This partnership focuses on integrating artificial intelligence into drug discovery processes to enhance VERAXA's BiTAC pipeline, targeting cancer treatments. The AI will aid in selecting synergistic cancer target pairs, potentially improving therapeutic outcomes by reducing toxicity and systemic effects. This initiative highlights the growing role of AI chips in revolutionizing...
Simply Wall St.
Meta Scales Up Louisiana AI Data Center
1 days ago> $50 billion How much Meta Platforms expects its massive data center in Northeast Louisiana to cost—nearly double the original $27 billion estimate—after supersizing the project to 5 gigawatts of compute capacity.
The Wall Street Journal
Jeff Bezos Backed Grail Before It Lost Half Its Value. Here's Whether He Was Early -- or Just Wrong.
1 days agoThe fate of Grail's stock will ultimately be decided in the cost-benefit calculations of medical insurers.
Motley Fool
Citi Research raises its price target on Apple shares, asserting the iPhone maker will continue to snap up market share.
Barrons.com
Own ASML Holding (NASDAQ:ASML) before the opening bell on July 15 when the company reports Q2 results and almost certainly reiterates a raised full-year outlook the market is still underpricing. The thesis rests on the fact that ASML is the only company on earth that sells EUV lithography, at a moment when its own CFO ... This Is Why ASML Is a No-Brainer Buy Before July 15 Earnings
24/7 Wall St.
The top threat for America's largest publicly traded company comes from within.
Motley Fool
Does Berkshire Hathaway CEO Greg Abel's New Favorite Stock, Alphabet, Achieve the Rule of 40?
1 days agoThe rule is a way for investors to assess how a company balances profitability and growth.
Motley Fool
Here's What to Buy to Prepare for the Next Crypto Bull Market (Hint: It's Not Just Bitcoin)
1 days agoTokenization is going to bring a lot of value on-chain in the next crypto bull market.
Motley Fool
Both stocks have crushed the S&P 500 and look poised to continue on their winning streaks.
Motley Fool
July 13 (Reuters) - More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to
Reuters
As popular as index funds are, they have a few shortcomings.
Motley Fool
AI Boom Drives Record Quarterly SalesTSMC (NYSE:TSM) reported record second-quarter revenue on Monday as robust demand for artificial intelligence chips continued to fuel growth for the world’s largest contract semiconductor manufacturer. Revenue for the April-to-June period climbed 36% year-on-year to T$1.
InvestorsHub
The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.
The Wall Street Journal
<body><p>STORY: TSMC reported record high second-quarter revenue on Monday. </p><p>The world’s largest contract chipmaker posted that Q2 revenue rose 36% from a year earlier on surging interest in AI applications. </p><p>Reuters calculated TSMC’s earnings came in at just over $39.6 billion - slightly above forecasts. </p><p>TSMC is a major supplier to companies including Nvidia and Apple. </p><p>For June alone, TSMC reported revenue rose almost 68% year-on-year to $13.8 billion - up 6% from the previous month.</p><p>TSMC, which is Asia's most valuable publicly listed company, didn't provide any details or forward guidance in its brief revenue statement.</p><p>It is scheduled to due to report second-quarter earnings on Thursday.</p><p>It's also due to update its outlook and plans for the current quarter and the rest of the year.</p><p>The company's shares have risen 57% so far this year, in line with the broader market.</p></body>
Reuters Videos
Elon Musk recently posted on X that he thinks Anthropic's AI models are the most capable on the market.
Motley Fool
(Bloomberg) -- Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hormuz
Bloomberg
July 13 (Reuters) - Meta said on Monday its data center in Richland Parish, Louisiana will expand to 5 gigawatts of compute capacity, in a bid to support the social media company's AI ambitions.
Reuters