Newsfeeds Archive - Page 8 of 273

2 minute read

Believers Back Musk’s xAI: Cathie Wood’s Ark, Tesla Bull Munster Reveal Taking Stakes As ‘The Elon Factor’ Beckons

May 29, 5:00 AM

Wood, a staunch supporter of Musk, has dubbed him the "Renaissance Man" and strongly believes in the potential of artificial general intelligence.

ARKK

2 minute read

Is Faraday Future Meme Stock Material? Reddit Army Charges In As EV Maker Faces SEC Heat, Reveals Bleak Results: ‘Hold The Fort! Don’t Panic!’

By Shanthi Rexaline

May 29, 3:05 AM

Following the earnings release, Reddit users on the r/FFIE subreddit — which has 49,000 followers — expressed strong support for the stock

FFIE

1 minute read

What’s Draining Tesla Stock Premarket Today?

By Shanthi Rexaline

May 28, 8:10 AM

The next catalysts for the stock are the June quarter deliveries report, due in early July, and the upcoming Robotaxi unveil on Aug. 8.

1 minute read

Why ‘Meme Stocks’ GameStop, AMC Are Surging Premarket Today

By Shanthi Rexaline

May 28, 7:42 AM

GameStop announced late Friday that it had completed its previously disclosed "at-the-market" equity offering.

AMC

3 minute read

Wall Street Eyes Mixed Start After Memorial Day Break: Tech And Meme Stocks Gain; Analyst Says Sustained Selloff ‘Unlikely’

By Shanthi Rexaline

May 28, 7:27 AM

Index futures point to a slightly higher opening for the market on Tuesday after the long Memorial Day weekend.

AAPL

2 minute read

Short-Seller Chanos Scoffs At Musk’s Attempt To Lure Talent Into xAI While Labeling Tesla As AI-Robotics Company

By Shanthi Rexaline

May 28, 5:34 AM

Musk is actively recruiting talent for xAI and posted about it on X, the social media platform he owns.

TSLA

2 minute read

Paul Krugman Schools Americans ‘Righteously Angry’ About Soaring Costs: Biden’s Price Levels Mirror Reagan’s Inflation Triumph

By Shanthi Rexaline

May 28, 2:49 AM

The economic policy of Reagan, popularly called Reaganomics, has been deemed a success by most economists.

TIP

2 minute read

China A Lost Market For Nvidia, AMD? The Asian Superpower Reportedly Sets Up Biggest Semiconductor Fund To Nurture Advanced Chipmaking

By Shanthi Rexaline

May 27, 11:49 AM

China plans to take the U.S. head-on with efforts to bolster domestic semiconductor industry, and this could bode ill for Nvidia and the likes.

AMAT

3 minute read

Late-Entrant Apple Can Turn Into The Biggest AI Player Overnight, Says Mark Gurman — Here’s How Cupertino Can Emerge On Top

By Shanthi Rexaline

May 26, 4:40 PM

Apple is late to the AI party but is on track to announce its AI strategy and features at the upcoming WWDC.

AAPL

2 minute read

Undocumented Immigration Good For Economy? Black Swan Author Nassim Taleb Warns Any Sudden Curb Would Lead To ‘Explosive Inflation’

By Shanthi Rexaline

May 26, 1:36 PM

Inflation has persisted as a significant issue, now emerging as a key factor in the upcoming election.

SPY