The rollout comes as robotaxi fleet sizes become increasingly critical for commercialization.
Category: Finance News
These charts show why stocks keep rallying. Profit margins are the highest on record
Recent FactSet data show that the rise in earnings is not coming from sales growth alone.
Bill Ackman buys Netflix again four years after exit, says it has won the streaming wars
Ackman’s Pershing Square Capital Management disclosed a new position in Netflix in its semiannual report.
‘Big Short’ investor Steve Eisman sees an Achilles heel in the AI boom
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic.
Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on
Iran’s central bank chief said Thursday that the country is set to join the BRICS New Development Bank.
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.
The Iran war risks bringing the G7’s fastest-growing economy to a halt
The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.
Stocks making the biggest moves premarket: Tapestry, Yeti, Bullish, StubHub, Cerebras & more
These are the stocks posting the largest moves in the premarket.
This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.