Top Stories Archives - Page 134 of 1424

2 minute read

Toyota Faced Major Delays At Mexican Plant Due To Labor Shortages

May 17, 8:53 AM

Toyota Motor Corp (NYSE:TM) has experienced significant production challenges at its Tijuana, Mexico plant, leading to multiple stoppages in February and March. Labor shortages and technical problems caused 19 days of halted production, affecting the Tacoma pick-up truck. This disruption highlights Toyota's vulnerability as it aims to produce 10 million vehicles this year and struggles with labor shortages and supply chain issues.

APIE

2 minute read

Snowflake Set to Acquire Reka AI for Over $1B, Expanding Its Generative AI Offerings

By Anusuya Lahiri

May 17, 8:47 AM

Snowflake Inc (NYSE: SNOW) to acquire Reka AI for over $1 billion. Reka specializes in large language models and could enhance Snowflake's AI capabilities.

GOOG

2 minute read

Former Goldman Sachs Executive Raoul Pal Answers Key Question: ‘When Do I Sell My Crypto?’

By Khyathi Dalal

May 17, 8:45 AM

In his latest video podcast, Former Goldman Sachs executive Raoul Pal discusses when traders should sell their crypto. He suggests not nailing market tops and adopting a time-based approach.

BTC

2 minute read

Druckenmiller Back In Palantir Game: Duquesne Rebuys Into AI Play After Year-Long Gap, Slashing Nvidia Stake

By Shanthi Rexaline

May 17, 8:28 AM

Data analytics company Palantir has seen its fundamentals improve ever since it pivoted to AI.

NVDA

2 minute read

Nvidia Faces New Competition as Qualcomm and Ampere Launch AI-Focused Server

By Anusuya Lahiri

May 17, 8:16 AM

Arm-based chips from Qualcomm and Ampere are being used in a new AI server for efficient inferencing. This partnership aims to compete with Nvidia.

ARM

2 minute read

Donald Trump’s Election Odds Just Spiked To 51% According To This Crypto Prediction Market

By Murtuza Merchant

May 17, 8:15 AM

As the 2024 U.S.

$MATIC

1 minute read

Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share

By Anusuya Lahiri

May 17, 7:52 AM

Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down.

BABA

2 minute read

Breakthrough For Tesla In China? Shanghai Reportedly Greenlights ‘Ordinary’ Data Flow Overseas For Intelligent Vehicles

By Anan Ashraf

May 17, 7:39 AM

Tesla is also making plans for a data center in China to train its full self-driving (FSD) driver assistance software on fleet data from the country, Reuters reported.

TSLA

3 minute read

Wall Street Stays Cautious To Close Out A Big Week, Meme Rally Resumes: Analyst Warns Investors ‘Not To Sprint On The Victory Lap’

By Shanthi Rexaline

May 17, 7:12 AM

U.S. stocks are poised for a cautious start on Friday as concerns about rising interest rates return. Traders are waiting for a significant catalyst to propel the market higher after its recent record run.

AMAT

2 minute read

Tesla’s German Factory Expansion Gets Local Council’s Nod Despite Protests

By Anan Ashraf

May 17, 6:37 AM

However, the company also needs approvals from local environmental authorities before it can start its expansion efforts.

TSLA