Big Tech Dominance: 5 Companies Projected To Lap Average S&P 500 Stock’s Earnings Growth
SPY ETF Trust's performance exceeds average return in 6 months, largely due to gains by big tech companies like MSFT, NVDA, AMZN, GOOG, and META.
Tesla Analysts See Robotaxi Day Igniting Interest In Other Autonomous Vehicle Players, Service Providers
RBC Capital Markets lowered its price target on Tesla, Inc. (NASDAQ:TSLA) from $293 to $227 Thursday, based on a lower robotaxi segment valuation. Another analyst sees Tesla's upcoming Robotaxi day boosting a competitor.
Spotify Challenges YouTube, Adds Video Support For All Platform Podcasters
Spotify adds video support for all users in latest move to capture market share. Over 250,000 video podcasts now on platform, up from 100,000 in 2023.
Quad Witching Driving AI Stocks Including Nvidia Higher, More One Month Lows Than Highs In NASDAQ
To gain an edge, this is what you need to know today.
PayPal’s Fastlane: A $250M Game-Changer In E-commerce Checkout
PayPal seeks to challenge Amazon and Shopify with Fastlane checkout. Analyst predicts $100-250M revenue boost by FY26 and competitive edge over Apple Pay and Google Pay.
AI-Generated Jokes Resemble ‘Cruise Ship Comedy Material From The 1950s’ — Google DeepMind Experiment Turns Out To Be A Mixed Bag
Google DeepMind's study found that AI struggles to generate original and engaging comedy content, producing bland and generic jokes despite being useful for structuring monologues or drafts.
Alphabet Unit Waymo Claims Lower Crash Rate Despite Regulator Probes Into Risky Driving Behavior: ‘This Is Why We Do It’
Waymo's self-driving technology beats human drivers in avoiding crashes and injuries. It has 3.5x fewer injuries and 2x fewer police-reported crashes.
‘YouTube Is Copying Community Notes Right Down To The Nitty-Gritty,’ Says Senior Engineer At Elon Musk’s X: ‘It’s A Big Vote Of Confidence’
YouTube is testing a new feature that closely mirrors Elon Musk's X (formerly Twitter) Community Notes, allowing users to clarify video content, as confirmed by a senior engineer from X.
Sundar Pichai Says Google Is Investing $2.3B In ‘Growing Technology Hub’ Ohio For Expanding Google’s ‘Technical Infrastructure’
Alphabet Inc CEO Sundar Pichai has announced a $2.3 billion investment in Ohio's data centers, further solidifying the state's position as a burgeoning tech hub.
‘California To Change Labor Law That Cost Businesses $10 Billion’ – Bloomberg News
https://www.bloomberg.com/news/articles/2024-06-18/california-businesses-labor-groups-reach-deal-to-change-costly-paga-law?srnd=good-businessCalifornia's largest business and labor groups agreed to change a landmark law