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TESLA AI SPENDING CONCERNS
US stocks today: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financ...
Elon Musk proposes peer review for frontier AI models in Economist interviewElon Musk urged top AI firms to conduct peer reviews of advanced models. Leading companies should meet regularly to discuss safety and secu...
Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk saidTesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans wh...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
Musk leaves door open to Tesla-SpaceX mergerElon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these...
Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
Global Market Today: Asian stocks advance on tech rally, yen weakensAsian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude ...
Tesla expands robotaxi service to Orlando, Tampa ahead of earningsTesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-h...
Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...
Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...