ScaleAI's finance chief, Dennis Cinelli, joins the board, just a week after Meta’s former product chief was hired, as CEO David Ellison leans heavily into tech to future-proof the entertainment giant.
Uber Technologies shares are creeping higher in extended trading Tuesday after the company announced a partnership with Tesla for an EV fleet accelerator program.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
fell 2.2% in the afternoon session after competitor Waymo received approval to operate its autonomous vehicles at San Francisco International Airport (SFO).
Joby Aviation Inc claims its vertical integration and partnerships with Toyota, Delta, and Uber give it an edge in the race to commercialize electric air taxis.
The Halftime Report Final Trades on CNBC featured Bryn Talkington of Requisite Capital Management discussing expected growth of Apollo Global Management, Inc. and Shannon Saccocia of NB Private Wealth recommending iShares U.S. Basic Materials ETF.
After the stock's massive move higher, it's a good time to revisit the investment thesis and the growth stock's valuation to see if there's still room to run.
The future of OpenAI has been thrown into uncertainty as the company reportedly lacks the funds to honor its $300 billion deal with Oracle Corporation (NYSE: ORCL).
By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. Luckily for them, the market seems to believe there is a long runway for growth
as the industry has recorded a 29.3% gain over the past six months, beating the S&P 500 by 12.8 percentage points.
Global EV sales surged 15% in August, Uber faced a federal disability discrimination lawsuit, NIO stock dropped on a major equity raise, Hyundai workers detained in Georgia prepared to return to South Korea, and Waymo earned rare praise from Tesla bull Ross Gerber.
Fed-cut optimism kept markets rallying as iPhone 17 underwhelmed, Oracle posted mixed Q1, Microsoft doubled down on AI chips, and macro signals stayed muddled.
