$Tesla(TSLA.US)$ Elon Musk has just announced an unveiled date of August 8 for Tesla's long-discussed robotaxi project, sparking investor interest amidst concerns over the company's slowing growth. This announcement, shared via a post on X, led to a more than 3% rise in Tesla shares in extended trading.
Elon’s announcement comes amid reports that plans for Tesla’s much-anticipated low-cost car model were canceled, but it was then debunked by E...

$Amazon(AMZN.US)$Amazon is making a significant move into the generative AI space with a potential investment of up to $4 billion in Anthropic, signaling its ambition to rival Microsoft's prominence in this burgeoning sector.
The deal includes Anthropic shifting much of its operations to Amazon Web Services (AWS) and utilizing Amazon's custom chips for AI model training. This partnership not only provides Anthropic with substantial ...

The Federal Reserve just had their big meeting and decided to keep interest rates steady, sticking between 5.25% and 5.5%. But hold onto your hats, because they're hinting at some rate cuts down the line – we're talking three 25bps point reductions by the end of 2024. This is a big deal because it would be the first time they've lowered rates since the Covid pandemic hit in early 2020.
Summary:
- Fed kept rates steady at 5.25%-5.5%, but s...

Reddit, a popular online platform known for its vibrant communities and diverse forums, is making headlines as it gears up for an initial public offering (IPO) that could value the company at up to $6.5 billion. They looking to set a price range of $31-$34 per share.
Founded in 2005, Reddit has grown to become a digital haven where users can share news, participate in discussions, and connect with like-minded individuals across a myriad of topics,...

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$NVIDIA(NVDA.US)$ Nvidia has seen an impressive $277 billion increase in its market value, driven by strong demand for its AI technologies. This growth has boosted Nvidia's market cap to $1.89 trillion, again highlighting its role in the tech industry and AI competition.
Their stock reached new heights, with a notable rise after it announced that their revenues in 4th quarter were $22.1bn, far exceeding Wall Street expectations of $20.4bn, they also projected sales of ...

$Arm Holdings(ARM.US)$Arm Holdings recently announced its initial public offering on the Nasdaq, with its shares jumping a significant 25% soon after. Prior to the IPO, ARM revealed that Apple, Alphabet (Google), Nvidia and other technology companies are interested in buying up to $735 million in its shares as it planned to go public on Nasdaq.
FYI, 90% of the company is owned by SoftBank Group Corp. The UK-based company adopts a fabless business model, refraining f...

$Apple(AAPL.US)$Apple revealed the newest additions to its smartphone and smartwatch lines. Unexpectedly, prices mostly remained unchanged except for the iPhone Max.
iPhones: Apple introduced the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max. Prices start at $799 for the iPhone 15 and go up to $1,199 for the iPhone 15 Pro Max. Preorders begin on September 15, with general availability starting on September 22. A major change is t...