Box Inc. (NYSE:BOX) Shares fell during Tuesday’s extended trading day after the company released its third-quarter earnings report and issued fiscal 2026 EPS guidance that was below analysts’ estimates. View the details in the report here. The details: Box reported quarterly profit of 31 cents per share, meeting analysts’ consensus estimates. This is a decline […]
As the race for artificial intelligence (AI) dominance accelerates, says chief economist at Moody’s Analytics Mark Zandi is sounding the alarm about a growing financial risk that distinguishes the current technological boom from the dot-com era: massive corporate debt. AI ‘overinvestment’ and rising debt In a stark warning issued on Sunday via While acknowledging that […]
The past week has been a rollercoaster ride in the world of cryptocurrencies. By Bitcoins scarcity debate Dogecoins resistance level, the crypto market was buzzing with activity. Tethers The CEO slammed traditional rating agencies, while Trump’s crypto ties came under fire from Democrats in the House of Representatives. In the meantime, Peter Schiff warned about […]
SpaceX CEO Elon Musk said Thursday on “SpaceX is accelerating rapidly,” Musk wrote. Related: Elon Musk moves closer to Tesla’s $1 trillion price tag – should shareholders be concerned? Current market position Musk reshared a message from an investor Steve Jurvetson citing third quarter data from The Launch Report showing that SpaceX is responsible for […]
According to figures, American consumers spent $8.6 billion online early in the evening on Black Friday Adobe Analyticswhich represents a jump of 9.4% compared to last year. Online sales reach $8.6 billion as shoppers switch to digital deals Adobe’s insights division, which tracks more than 1 trillion visits to retail sites, expects final online sales […]
A new patent filed by Tesla Inc. (NASDAQ: TSLA) could represent a major breakthrough in improving battery performance and efficiency, especially at high temperatures. Improved efficiency of battery storage devices In a patent application with the USPTO published Thursday, the company describes a new “dicarbonate” solvent (Dimethyl 2,5-dioxahexanedioate or DMOHC) and a new lithium bis(fluorosulfonyl)imide […]
On Thursday, Taiwanese prosecutors searched the homes of a former man Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) vice president after the chipmaker accused him of passing on confidential information Intel Corp (NASDAQ:INTC). Houses searched, devices seized in investigation of trade secrets The intellectual property department of Taiwanese prosecutors raided two related homes Wei-Jen Loa former TSMC […]
Governor of California Gavin Newsom has criticized the Trump administration for allegedly challenging road safety mandates. Senate committee to focus on traffic safety mandates The Senate Committee on Commerce, Science, and Transportation, led by Senator Sen. Ted Cruz (R-TX), plans to challenge automotive safety measures including automatic emergency braking and child reminder systems that alert […]
The sector rotation on Wall Street went into full swing on Tuesday, with investors flocking to previously overlooked corners of the market amid an AI-driven shift that now favors undervalued small caps and defensive names like healthcare. • XLV stock is at critical resistance. View the market position here. The Russell 2000 rose 2% on […]
Tesla Inc. (NASDAQ: TSLA) has asked its suppliers to exclude Chinese-made parts from US auto production amid rising geopolitical tensions between the US and China. Tesla, suppliers replace Chinese parts This was reported by a Wall Street Journal reportthe Elon MuskThe EV giant-led EV decided earlier this year to stop using Chinese suppliers for its […]