Wedbush has increased its price target for Tesla stock from $300 to $400, believing that a win for Trump in the U.S. presidential election will […]
Category: Tech
Russian Court Orders Google to Pay Astronomical $20 Decillion Fine for Blocking TV Channels
A Russian court recently ordered Google to pay a mind-boggling $20 decillion in fines (that’s a number with 33 zeros) to Russian media networks. This […]
BYD Reports Record Revenue of 502.25 Billion Yuan, Outpacing Tesla for the First Time
BYD has outperformed Tesla in quarterly revenue for the first time as an electric vehicle company. For the first three quarters of 2024, BYD reported […]
Tesla Beats EPS Expectations ($0.72 vs $0.60) but Misses Revenue Forecast ($25.18B vs $25.4B)
Tesla ($TSLA) reported earnings per share (EPS) of $0.72, beating the forecast of $0.60. However, its revenue came in slightly below expectations at $25.18 billion, […]
Brokerage Reports on Tesla; Piper Sandler $310 | UBS $197 | Goldman Sachs $250 | Baird $280 | Canaccord Genuity $278 and more
Piper Sandler: Maintained an Overweight rating with a price target of $310. Wedbush: Continued with an Outperform rating and a price target of $300. Baird: […]
Cathie Wood Ark Invest Faces $3.5B Loss in 2024: Teladoc, Ginkgo, Roku Among Hardest Hit – Check Full List
Ark Invest’s Innovation ETF reported a $3.5 billion loss for the fiscal year ending in July 2024, contributing to a total accumulated loss of $22 […]
Microsoft and OpenAI Negotiate $14 Billion Investment Transition to For-Profit Model
Microsoft and OpenAI are currently negotiating how Microsoft’s nearly $14 billion investment will be structured as OpenAI shifts to a for-profit model. Reports from the […]
U.S. Investigates TSMC Dealings with Huawei Over Possible Export Violations
The U.S. Commerce Department is looking into whether TSMC, a semiconductor manufacturer, produced chips for Huawei that could be for artificial intelligence or smartphones. This […]
Netflix Earnings: Revenue at $9.82B, EPS $5.40, Subscriber Growth +5.07M
Netflix Q3 2024 Earnings Highlights: Earnings per share (EPS) were $5.40, beating the estimate of $5.12, and up 45% compared to last year. Revenue came […]
Taiwan Semiconductor Q3 2024: $23.5B Revenue, 36% YoY Growth, and Record $10.06B Profit
TSMC reported impressive results for the third quarter! Their revenue hit NT$759.7 billion, which is the highest ever and shows a 39% increase compared to […]
Facebook, Instagram, and Threads Experience Widespread Outages
Facebook and Instagram are experiencing widespread outages, and many users can’t access the platforms. Threads is also affected by the issue. Thousands of users in […]
Tesla’s Cybercab Unveiling: A Pivotal Moment for Elon Musk and the Company’s Future
Tesla is set to unveil its long-awaited driverless robotaxi, the Cybercab, later today at an event in Burbank, California, starting at 7 p.m. This marks […]