Alibaba Group Holding Limited (NYSE:BABA) is stepping up its artificial intelligence strategy as open-source adoption accelerates and Wall Street grows more confident in the company’s long-term AI positioning. The company is leaning harder into open-source AI as adoption of its…
Shares of Gelteq Ltd (NASDAQ:GELS) rose sharply in pre-market trading after the company reported positive preclinical results for its cannabinoid oral gel delivery platform. The Melbourne-based company reported that its proprietary oral gel platform achieved a greater than 22% increase…
Wedbush Securities managing director Dan Ives has reaffirmed his bullish stance on Tesla Inc. (NASDAQ:TSLA), predicting domination of the Robotaxi market by the company this year. Tesla Will Own 80% Of The Robotaxi Market In an interview with the Schwab…
Wedbush analyst Dan Ives raised the price target for Planet Labs Inc. (NYSE:PL) stock to $28 from $20, highlighting the “significant demand” for the space technology company’s satellites and data in both U.S. and international markets, especially in defense and intelligence applications.…
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) heads into its January 15 earnings report against a backdrop of tightening supply across mature chip markets and rising AI-driven demand, setting the stage for a closely watched update on pricing power and near-term…
U.S. stock futures declined on Wednesday following Tuesday’s lower close. Futures of major benchmark indices declined. The Consumer Price Index rose 2.7% year over year in December, matching both the prior reading and economists’ estimates. Notably, core CPI came in…
Cryptocurrency custodian company BitGo Holdings Inc. is aiming for a valuation of nearly $2 billion for its upcoming initial public offering. Another Crypto Company On Wall Street? The California-headquartered company and its existing shareholders will offer a combined total of roughly…
Garry Tan, President and CEO of Y Combinator, criticized California's economic conditions just days after venture capitalist and White House AI and crypto czar David Sacks suggested that the accelerator open an office in Austin to reduce its exposure to…
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shared that the company will stop offering the Full Self-Driving (FSD) service as a one-time payment in favor of a monthly subscription. Monthly FSD Subscription In a post on the social media platform…
December's inflation report showed prices holding steady, a result markets deemed “good enough” but too hot for an immediate Federal Reserve rate cut. As the central bank appears set to stand firm, prominent strategist Charlie Bilello is defending its stance…