Tag: Elon Musk
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Jim Cramer says it’s not too late to own any one of these 4 soaring memory stocks
CNBC’s Jim Cramer said the AI boom has transformed the historically cyclical memory industry, as demand and greater supply discipline support stronger profits.
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How long will software-defined cars last? The auto industry doesn’t know yet
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
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I drove Tesla FSD, Rivian Autonomy+ ‘hands-free’ driving systems. Here’s how they compare
Rivian is trying to catch up to Tesla’s “hands-free” capabilities, but with additional safety guardrails that the Elon Musk company doesn’t have.
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Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia’s stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
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OpenAI talent exodus raises ‘huge red flag’ ahead of IPO
OpenAI’s C-suite turnover gives investors another reason for concern as the company pushes toward a mammoth IPO.
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CNBC Daily Open: Washington tightens squeeze on the Iranian economy
The U.S. seeks to escalate pressure from blockade to financial isolation, while Iran races to build a way around it.
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CNBC Daily Open: An ‘indefinite’ war, and a record-breaking rally
Hegseth says the U.S. Navy can blockade Iran for as long as it takes, while Wall Street responded by sending the S&P 500 to another day of record high.
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Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company’s inclusion in the S&P 500.
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AI’s costly buildout complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed’s job.
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World’s largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.
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