Amazon.com Inc (NASDAQ:AMZN) is making significant strides in artificial intelligence with its homegrown AI chips. In its Austin, Texas, chip lab, Amazon engineers are rigorously testing a new server design that features these AI chips, aiming to reduce reliance on…
Cannabis giant Tilray Brands, Inc. (NASDAQ:TLRY) announced Wednesday it has obtained second approval for a new medical marijuana extract in Portugal. The medical cannabis extract that got this approval is Tilray Oral Solution THC10:CBD10. This milestone follows up on the…
Ford Motor Co. (NYSE:F) and General Motors Co (NYSE:GM) are expected to report lower profits for the second quarter due to challenges in their electric vehicle (EV) strategies. Ford is anticipated to see a 10% decrease in profits while GM’s…
Investors are watching Pinterest, Inc. (NYSE:PINS) shares after Grizzly Research released a short report on the company. The Details: Grizzly Research released the report titled, “We Believe Pinterest is in a Death Spiral but Misleadingly Doctors its Terrible Performance Statistics”…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Evercore ISI Group boosted the price target for Netflix, Inc.…
In a move that mirrors Apple Inc.’s (NASDAQ:AAPL) iFund initiative, Anthropic and Menlo Ventures have launched a $100 million fund to support early-stage AI startups. What Happened: Anthropic, an AI startup backed by Amazon.com Inc.‘s founder Jeff Bezos, and Menlo…
Amazon.Com Inc (NASDAQ:AMZN) is gearing up for Prime Day 2024, which will take place on July 16-17. The company aims to achieve significant sales growth. This event came as Amazon’s stock price reached record highs, pushing its market capitalization past…
The Nintendo Switch has made history by becoming the longest-lasting Nintendo ADR‘s (OTC:NTDOY) home console ever, surpassing the record previously held by the Nintendo Entertainment System (NES). As of July 11, the Switch has lasted 2,687 days without a successor.…
Bitcoin (CRYPTO: BTC) spiked in early Thursday trading on positive macroeconomic data and strong ETF inflows before falling back below $58,000. What Happened: U.S. inflation turned negative in June, with the Consumer Price Index (CPI) reporting a negative 0.1% rate…
A Tesla, Inc. (NASDAQ:TSLA) bear weighed in on the recent stock price surge and the strength of the rally, while a bull made the case for the company considering a stock buyback. Gamma Squeeze? Tesla bear Gordon Johnson flagged an…