The U.S. Department of Justice alleges in its lawsuit against tech giant Apple Inc (NASDAQ:AAPL) that the company is employing its phone mirroring service CarPlay to dominate the automotive industry in addition to the smartphone market. What Happened: Infotainment systems…
Shares of electric vehicle giant Tesla, Inc. (NASDAQ:TSLA) fell over 3% in premarket trading on Friday, as rumors of production cuts in China reignited concerns about potentially underwhelming deliveries. China Production Cutbacks? Earlier this month, Tesla reportedly instructed employees at its Giga Shanghai facility…
U.S. stocks are on track to start higher yet again on Friday as rate-cut optimism continues to prop up investor sentiment. Traders may keep an eye on Capitol Hill, where the House is set to vote on a key funding bill by…
Major cryptocurrencies traded mixed on Friday morning as the number of Americans filing new claims for unemployment benefits dropped last week. CryptocurrencyGains +/-Price (Recorded 12:00 a.m. EDT)Bitcoin (CRYPTO: BTC)-0.79%$66,175Ethereum (CRYPTO: ETH)+0.57%$3,512Dogecoin (CRYPTO: DOGE)+4.06%$0.15 What Happened: The initial claims for state…
Intel Corp. (NASDAQ:INTC) shares jumped over 3% premarket after the Joe Biden-led administration proposed a non-binding preliminary memorandum of terms (PMT) with the tech giant to provide up to $8.5 billion in direct funding as part of the CHIPS and…
Nvidia Corp. (NASDAQ:NVDA) shares have experienced a stratospheric rally fueled by the AI revolution. This surge has pushed the stock price beyond the reach of many average retail investors. CNBC host Jim Cramer, during a special episode of “Mad Money” broadcast live…
EV giant Tesla Inc (NASDAQ:TSLA) will reportedly increase the prices on China-produced Model Y vehicles starting next month. The move follows warnings of impending price hikes issued by the company in the U.S. and Europe over the weekend. What Happened:…
In a strategic move to enhance its artificial intelligence (AI) capabilities, Apple Inc. (NASDAQ:AAPL) has acquired Canadian AI startup DarwinAI. The acquisition is part of Apple’s significant push into generative AI this year. What Happened: Apple acquired DarwinAI earlier this…
ChatGPT-maker OpenAI has refuted the claims made by Elon Musk regarding the existence of a “founding agreement” for the company’s non-profit status and the non-disclosure of source code. What Happened: OpenAI, a company backed by Microsoft, which was co-founded by Musk in 2015, has dismissed…
Showing his quirky side once more, Meta Platforms Inc. (NASDAQ:META) CEO on Monday shared a video in which he could be seen using Meta Ray-Ban Smart Glasses for showing off his closet. What Happened: Zuckerberg shared a 12-second video on…
