Key Investor Dismantles Value of Tesla’s Dojo, Optimus
When it comes to Tesla, Morgan Stanley analyst Adam Jonas said in a note last month that the bears are…
Netflix Stock Price Target Updated After Analyst Survey
A couple of years ago Netflix (NFLX) made an announcement. Greg Peters, the streaming giant’s chief operating officer and chief…
McDonald’s Halts Operations in Japan, Disruptions in Australia & Hong Kong
McDonald’s Japan on Friday said it had halted operations at many stores nationwide due to a system disruption, with media…
Adidas Reports First Loss in 30 Years, Warns on US Sales
German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in…
Xiaomi Surges Most in Year After Setting Up Showdown With Tesla
Xiaomi Corp.’s shares had their biggest intraday jump in more than a year after the company announced it will start…
Reddit Launches Long-Awaited IPO With $748 Million Target
Reddit Inc. disclosed further details of what is set to be one of the year’s biggest initial public offerings, with…
Oracle Jumps After Big Cloud Contracts Spur Bookings
Oracle Corp. surged 13% after reporting a spike in bookings attributed to its closely watched cloud computing business, showing progress…
Oil Extends Drop: Investors Anticipate US Inflation Print
Oil pushed lower ahead of US inflation data and reports from OPEC and the IEA this week that may provide…
Chinese Engineer Accused of Stealing Google’s AI Secrets
A former Google engineer has been accused of stealing trade secrets from the tech giant’s artificial intelligence (AI) division and…
Huawei Chip Breakthrough: Leveraging Tech from Two US Gear Suppliers
Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to produce an advanced chip in…