Waymo has acquired Apple's Arizona self-driving proving ground, marking Apple's full exit from its autonomous car efforts. The move closes the chapter on Apple's long-running "Project Titan" and ends its direct participation in the robotaxi space. The sale highlights a shift in focus for NasdaqGS:AAPL away from vehicle manufacturing and dedicated robotaxi platforms. For you as an investor, this is...
Waymo has acquired Apple's Arizona self-driving proving ground, marking Apple's full exit from its autonomous car efforts. The move closes the chapter on Apple's long-running "Project Titan" and ends its direct participation in the robotaxi space. The sale highlights a shift in focus for NasdaqGS:AAPL away from vehicle manufacturing and dedicated robotaxi platforms. For you as an investor, this is a clear reminder that NasdaqGS:AAPL remains primarily a consumer hardware, software, and...
Relativity, a legal data intelligence company, today announced its acquisition of Gavel, an AI-native legal technology company whose solutions are used by thousands of legal professionals to draft, review and automate work product directly in Microsoft Word and on the web. Through the acquisition, Relativity plans to extend its AI platform for legal data intelligence into Microsoft Word, helping k...
Relativity, a legal data intelligence company, today announced its acquisition of Gavel, an AI-native legal technology company whose solutions are used by thousands of legal professionals to draft, review and automate work product directly in Microsoft Word and on the web. Through the acquisition, Relativity plans to extend its AI platform for legal data intelligence into Microsoft Word, helping keep work product connected to the data and context behind matters.
China's government said Min Zin, who heads a think tank focused on Myanmar, was detained on suspicion of engaging in "espionage and endangering Chinese national security." (Image credit: AFP via Getty Images)
China's government said Min Zin, who heads a think tank focused on Myanmar, was detained on suspicion of engaging in "espionage and endangering Chinese national security." (Image credit: AFP via Getty Images)
A new Wall Street forecast suggests one of artificial intelligence's most critical components may remain in short supply for years. Artificial intelligence has produced clear winners. Nvidia (NVDA) has become the poster child of the AI revolution. Cloud companies still spend billions on ...
A new Wall Street forecast suggests one of artificial intelligence's most critical components may remain in short supply for years. Artificial intelligence has produced clear winners. Nvidia (NVDA) has become the poster child of the AI revolution. Cloud companies still spend billions on ...
Investors are losing confidence in Bitcoin (CRYPTO: BTC) , which is trading 51% below its record of roughly $126,000 from last October (as of June 10). During a time of geopolitical risk and inflationary pressures, it should perform well. This isn't happening. And it's forcing investors to reassess their portfolios. The chief cryptocurrency is in the middle of a bear market, which can be stomach-c...
Investors are losing confidence in Bitcoin (CRYPTO: BTC) , which is trading 51% below its record of roughly $126,000 from last October (as of June 10). During a time of geopolitical risk and inflationary pressures, it should perform well. This isn't happening. And it's forcing investors to reassess their portfolios. The chief cryptocurrency is in the middle of a bear market, which can be stomach-churning. This is testing the conviction of its strongest supporters. Is it time to sell Bitcoin right now? Or is holding for five more years the wiser choice? Continue reading
Taylor Swift and Timothée Chalamet lead the charge in blue and orange, as courtside style hits a ‘memeable’ peak The World Cup may have kicked off in the US this week, but America’s attention is focused on a different sport: basketball. The NBA finals could end this weekend, with the New York Knicks potentially becoming champions for the first time since 1973. And with Knicks fever comes fan style...
Taylor Swift and Timothée Chalamet lead the charge in blue and orange, as courtside style hits a ‘memeable’ peak The World Cup may have kicked off in the US this week, but America’s attention is focused on a different sport: basketball. The NBA finals could end this weekend, with the New York Knicks potentially becoming champions for the first time since 1973. And with Knicks fever comes fan style, especially courtside, where celebrities have been showing their support in different ways. For Wednesday’s Game 4 , won by the Knicks, Taylor Swift and Este and Alana Haim all wore T-shirts in the blue and orange of the Knicks with their own Knicks-related pop culture pun: Swift’s read “Stevie Knicks”, while Este’s said “Knickeback” and Alana’s read “Knickole Kidman”. This was not shop merch. Vogue reported that Alana had made the T-shirts herself. Continue reading...
CAs of midday, the S&P 500 (SNPINDEX:^GSPC) rose 0.12% to 7,403.38, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 0.36% to 25,716.64 as SpaceX ’s (NASDAQ: SPCX) IPO kept risk appetite elevated in a volatile morning of trading. The IPO kept risk appetite elevated in a volatile morning of trading. The Dow Jones Industrial Average (DJINDICES:^DJI) climbed 0.38% to 51,040.07 as oil slid amid growin...
CAs of midday, the S&P 500 (SNPINDEX:^GSPC) rose 0.12% to 7,403.38, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 0.36% to 25,716.64 as SpaceX ’s (NASDAQ: SPCX) IPO kept risk appetite elevated in a volatile morning of trading. The IPO kept risk appetite elevated in a volatile morning of trading. The Dow Jones Industrial Average (DJINDICES:^DJI) climbed 0.38% to 51,040.07 as oil slid amid growing Iran peace deal hopes. Artificial intelligence (AI) infrastructure and cloud names had a volatile morning as the SpaceX IPO rocked the Nasdaq. At midday, the stock had surged almost 20% to $161.33 just hours after listing. Tech giants, Nvidia , Apple , Microsoft , and Broadcom all slipped as the mega-IPO pressured the market. The SpaceX IPO took center stage as the $75 billion offering entered the history books. Initial trading in the space-AI-communications firm showed strong demand, though some investors are skeptical that a loss-making company warrants such a high valuation. Continue reading
So I guess I was both right and right about the SpaceX (NASDAQ: SPCX) IPO. Right, when I predicted SpaceX IPO fever might drive space stocks higher this year. Indeed, shares of spy satellite operator Planet Labs (NYSE: PL) are up 38% over the last four months. Unfortunately, I was also right about what would happen on IPO day. And this, in a nutshell, is why Planet Labs stock fell 9% through 12:50...
So I guess I was both right and right about the SpaceX (NASDAQ: SPCX) IPO. Right, when I predicted SpaceX IPO fever might drive space stocks higher this year. Indeed, shares of spy satellite operator Planet Labs (NYSE: PL) are up 38% over the last four months. Unfortunately, I was also right about what would happen on IPO day. And this, in a nutshell, is why Planet Labs stock fell 9% through 12:50 p.m. ET today. Continue reading
Shares of SpaceX traded around the middle of Friday's price range, as the most hyped IPO in years finally arrived in the broad stock market and immediately became one of the largest companies in the world. With Friday's gains, SpaceX is now valued above $2 trillion. CEO Musk owns 46% of the company, which includes the Starlink satellite internet services, X social media and xAI, Musk's artificial ...
Shares of SpaceX traded around the middle of Friday's price range, as the most hyped IPO in years finally arrived in the broad stock market and immediately became one of the largest companies in the world. With Friday's gains, SpaceX is now valued above $2 trillion. CEO Musk owns 46% of the company, which includes the Starlink satellite internet services, X social media and xAI, Musk's artificial intelligence business.