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Intel and Google to double down on AI CPUs with expanded partnership
Intel and Google expand their partnership to develop AI-focused CPUs and custom infrastructure processors, responding to growing demand for AI computing power.
Wall Street ends mixed as worries linger before holiday break
Wall Street stocks ended mixed as diplomatic talks eased Iran tensions ahead of the holiday weekend, with oil prices surging and cautious investor sentiment.
Wall Street ends higher as traders return to AI stocks
Wall Street closed higher led by AI-related stocks including Meta and Nvidia, while oil prices eased amid Middle East tensions and upcoming Fed meeting.
US judge upholds $243 million verdict against Tesla over fatal Autopilot crash
A US federal judge upheld a $243 million verdict against Tesla over a 2019 fatal crash involving Autopilot technology in Florida. Tesla plans to appeal.
Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand
Jan 2 (Reuters) – Tesla ceded its crown as the world’s top electric vehicle maker to China’s BYD, after annual sales fell for a second year, hit by rising competition, the expiry of U.S. tax credits and brand backlash. With global EV sales rising 28% last year, BYD outsold Tesla for the first time on […]
Tesla Cybertruck chief exits after eight years
Tesla’s Cybertruck and Model 3 leader Siddhant Awasthi leaves after eight years with the automaker, he announced on LinkedIn.
Musk the trillionaire? Debate over his Tesla pay package rages
Tesla shareholders will vote on Elon Musk’s record $1 trillion pay package as critics cite excess and supporters call him indispensable to Tesla’s future.
Stocks dip as S&P 500 eases from record high
NEW YORK (AP) — Wall Street is taking a pause on Thursday as U.S. stocks and even the price of gold pull back from record highs following their torrid runs. The S&P 500 fell 0.4%, coming off its latest all-time high and its eighth gain in the last nine days. The Dow Jones Industrial Average fell 278 points, or […]
Wall Street slips after record run as gold tops $4,000
Stocks ended an eight-day winning streak as Tesla and Oracle fell, while gold surged past $4,000 on inflation and political worries.
Tesla reports surprise increase in car sales in the third quarter
Tesla Q3 sales rose 7% to 497,099 vehicles, rebounding after declines as buyers rushed to use the expiring $7,500 EV credit.
Musk loses crown as world’s richest to software giant Larry Ellison in new Bloomberg ranking
FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational [&hellip[...]
Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla asks investors to approve a $1T pay deal for Elon Musk, tied to hitting market cap, production, and delivery milestones by 2035.
