Hertz Freezes Polestar EV Purchases In Wake Of Fleet Restructuring
Car rental service Hertz Global Holdings Inc (NASDAQ:HTZ) has reportedly decided to pause its planned procurement of Polestar…
Palantir AI Technology ‘Being Leveraged Maximally To Support Key US Government Goals In Middle East,’ Says Top Executive
In a recent earnings call, executives at Palantir Technologies Inc revealed that the company's AI technology is being used to support U.S. allies in their efforts in Ukraine and Israel.
Tesla Analyst Says Stock Worth Only $135 If Just EVs Were Considered, But Sees This Segment As ‘Important Growth Driver’
Battery-related revenue is poised to rise in importance for Tesla's overall profit & loss, Piper Sandler analyst Alexander Potter said.
Palantir ‘Experiencing Its Own Amazon.com-To-AWS Moment,’ Says CTO Shyam Sankar
Palantir's CTO, Shyam Sankar, compares the company's evolution and expansion into software infrastructure for third-party development to Amazon's transition from an online retailer to the cloud computing giant AWS.
Rivian Confirms R2 EV Launch Date, Will Unveil Second-Generation Platform In March
California-based EV startup Rivian Automotive Inc (NASDAQ:RIVN) on Monday said that it will reveal its second-generation EV platform dubbed…
Investor Presentation On Elon Musk’s xAI Reportedly Flexes ‘Muskonomy’, Draws Parallels With OpenAI’s Trailblazing Path
Elon Musk's artificial intelligence venture, xAI, is drawing potential investors' interest by highlighting the strategic advantages of Musk's network of companies and OpenAI's early successes in a presentation deck.
Uber, Lyft Can Hitch A Ride Higher If Q4 Earnings Beat Wall Street Estimates
Uber reports on Wednesday, while Lyft Q4s are on Feb. 13. RBC has a sector perform rating on Lyft and an outperform rating on Uber.
Magnificent 7 Eye $13-Trillion Market Cap: ‘They Are Sucking All The Air Out Of The Universe,’ Wall Street Veteran Says
Magnificent Seven market value surpasses $13 trillion, causing concerns about concentration in equity indices and investment portfolios.
Stocks Fall As Traders Dial Back Rate Cut Bets; Dollar, Treasury Yields Rise: What’s Driving Markets Monday?
Wall Street ends week on negative note as traders revise down expectations on Fed rate cuts. Strong economic data and Fed officials' comments push stocks into red, reducing rate cut expectations for 2024. Treasury yields and dollar strengthen. Small-caps hit hardest.
Apple’s Latest Marvel, Vision Pro, Receives Analyst Thumbs Up for Earnings Impact
maintained a Buy rating on Apple Inc (NASDAQ: AAPL) with a price target of $225.The analyst tested the Vision Pro and reacted positively to the highly unique and immersive experience.