Tesla Posts Strongest Session Since January 2022: Is A Trend Reversal Underway?
Tesla stock surges 12% despite falling short on Q1 earnings. Investors optimistic about future revenue, backed by upgraded rating and positive catalysts.
Humana Withdraws Its Already Lowered 2025 Profit Guidance
Humana revises 2025 profit forecast due to disappointing Medicare Advantage reimbursement rates. Medical benefit ratio up to 88.9% in Q1 2024. Adjusted EPS growth outlook impacted by pricing decisions for 2025 MA bids.
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What’s Driving Markets Wednesday?
Rising Treasury yields have investors cautious despite positive news from the earnings season.
The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday.
Samsung’s Latest 3D NAND Memory Chips Transform AI Data Centers and Mobile Devices
Samsung starts mass production of 286-layer NAND flash memory chips, with 33% faster data speeds and 10% lower power consumption. Big tech companies like Alphabet and Apple are major customers.
Elon Musk Echoes Cathie Wood, Wants Tesla To Be Seen As An AI Or Robotics Company: ‘If You Value Tesla As Just An Auto Company…Wrong Framework’
Elon Musk agrees with Ark Invest's Cathie Wood about how Tesla should be viewed as an AI and robotics company, instead of just an auto one.
Threat For Tesla? Apple’s Chinese Rival Huawei Launches New Software For Intelligent Driving
Huawei has unveiled its new software brand for intelligent driving, "Qiankun."
AT&T’s Q1 Operating Cash Flow and Free Cash Flow Got A Boost – Does It Make A Case For Higher Dividends?
AT&T reported Q1 operating revenues of $30.03B, down 0.4%, missing consensus of $30.54B. Adjusted EPS of $0.55 beat consensus of $0.54. Mobility segment saw 741K wireless net adds. AT&T reiterated FY24 outlook of Wireless service revenue growth of 3%, Broadband revenue growth of 7%+, and adjusted EPS of $2.15-$2.25.
Elon Musk’s Big Bet: Tesla to Ramp Up AI Development with Nvidia’s Powerful Chips
Tesla may install 85K Nvidia H100 chips by year-end, surpassing Amazon and Google as a major customer. Musk's AI initiatives rely on these chips.
Amazon to Open More Cloud Centers in Southeast Asia for Better Data Protection
Amazon plans to establish cloud regions in Southeast Asia to meet customer demands for local data storage, investing $6 billion in Malaysia by 2037.
Tesla’s New $53K Model 3 Performance Eligible For Full Tax Credits, But Leasing Long Range Might Be Cheaper
The Performance version has a range of 296 miles and a top speed of 163 mph.