Tesla is shutting down its Dojo computer unit, according to a report. That is likely to cause some stock volatility for investors.
2 minute read
The companies announced details of the first five vehicles the pair will collaborate on. The cars are expected to hit roads by 2028.
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Coming into Thursday trading, Tesla stock was up about 5.7% for the week. A new pay package for CEO Elon Musk is one reason why.
3 minute read
The electric vehicle maker's board granted CEO Elon Musk a new pay package on Monday.
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Berkshire Hathaway stock fell after second-quarter operating profit after tax fell 4% in the period, while Palantir shares were rising ahead of earnings.
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Shares were getting a boost after the EV maker granted CEO Musk a multibillion-dollar pay package.
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The White House says this week’s tariffs are final, Tesla’s self-driving technology legal woes are bad for the industry, and more news to start your day.
Long Read
Apple’s iPhone sales jump more than 13% in the tech giant’s fiscal third quarter but the stock trades lower, while Amazon falls on a weaker-than-expected forecast for third-quarter operating income.
4 minute read
Shares were sliding, with investors also fretting about President Donald Trump's tariff plans.
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The EV maker’s CEO said it had started offering ride-hailing in the San Francisco Bay Area.
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General Motors is a big beneficiary of lower import tariffs on South Korea. The U.S. auto maker builds cars there.
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Microsoft’s market cap briefly surpasses $4 trillion, with the stock getting a lift from cloud revenue that rose 27% in the software giant’s fiscal fourth quarter, while second-quarter revenue at Meta Platforms jumps 22%.
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Ford reported second-quarter operating profit of $2.1 billion, better than the $1.9 billion Wall Street expected. Ford’s adjusted number, however, didn’t include $1.3 billion in special charges.
4 minute read
The online dealer of used cars has been on a roll lately, and new car tariffs could help it keep growing.
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Indian imports are set to be tariffed at a 25% rate.
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Humana boosts full-year profit guidance and the stock rises while SoFi falls after announcing an underwritten public offering of $1.5 billion of common shares.
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Financial results didn’t matter to investors after the company announced a partnership related to its financing unit.
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Revenue at SoFi jumps 44%, UnitedHealth slides after restoring financial guidance, and Sarepta soars after being notified by the FDA the company may lift its voluntary pause on shipments of Elevidys for ambulatory patients with Duchenne muscular dystrophy.
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Investors want to see Tesla expand its artificial-intelligence-related businesses.
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The sports equipment maker reported better-than-expected earnings and said tariff headwinds weren’t as strong as initially feared.
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The Treasury Secretary said talks between the two countries were “very constructive.”
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Auto tariffs are lower for Japan and the EU. Now Ford and GM await a U.S. deal with Mexico and South Korea.
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After a rally, shares of lithium miners were weak to start a new week of trading. What gives?
1 minute read
Tesla rises after President Donald Trump says he struck a deal to set 15% tariffs on goods from the European Union, including automobiles.
3 minute read
It’s an opportunity to prove that the woes of the past few years are in Samsung’s rearview mirror.
3 minute read