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This basket consists of stocks expected to benefit from self-driving cars.
The CEO of a company specializing in cleaning products for tech gear issues a warning.
In the space of one week it has become clear that China wants to extend its “Great Firewall” regime to Hong Kong. Beijing may not be immediately successful in imposing its model on the territory — as the pushback from US tech giants shows — but this is certainly the intent. Please see our new “Best of Comment” section, inaugurated with an insight this week from Yuan Yang, the FT’s deputy Beijing bureau chief.
Nell provides her views on corporate governance, accounting scandals, office politics, Black Lives Matter, the entertainment industry, and much more. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
From an eponymous cocktail to eager buyers following the shipping routes of long-awaited cars, Tesla Inc is having a moment in South Korea, particularly among tech-savvy professionals. "I am not interested in cars, but I am interested in the Tesla brand and its technology," the 39-year-old told Reuters. Kang bought a Tesla Model 3 in December, ditching the Hyundai crossover he bought only last summer.
NVIDIA (NASDAQ: NVDA) announced on Tuesday that just weeks after its release, the A100 Tensor Core graphics processing unit (GPU) has been adopted by Google Cloud, a division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). The Accelerator-Optimized VM (A2) family, available on Google Compute Engine, is designed specifically to handle some of the most demanding applications out there, including artificial intelligence (AI) workloads and high performance computing (HPC). This makes Google the first cloud service provider to offer the new NVIDIA GPUs.
In the latest trading session, Tesla (TSLA) closed at $1,389.86, marking a +1.33% move from the previous day.
Tuesday brought an intraday reversal to the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped out to a solid gain by the middle of the day, but by the end of the session, the index was down almost 1%. The Nasdaq 100 saw similar declines, motivated in large part by calls from major players on Wall Street that the stock market's huge rebound from the March lows might have gotten ahead of itself.
Tesla's Chief Executive Officer Elon Musk is "a genius who defies common sense and can be overly optimistic," Panasonic's <6752.T> CEO said on Tuesday, as the Japanese firm cautiously moves to expand a battery partnership with the U.S. carmaker. "I believe only geniuses can hold onto big visions, and a genius I know is Elon Musk," Kazuhiro Tsuga said at an event for young entrepreneurs. The remarks on Musk come as Panasonic and Tesla Inc <TSLA.O> are in talks to expand their joint battery plant in Nevada after production troubles and delays at Tesla strained their partnership over the past few years.
Shares of Graf Industrial (NYSE: GRAF) were trading lower on Tuesday, amid a broader sell-off of stocks in companies focused on the future of transportation. Graf is a special-purpose acquisition company that last week announced a deal to merge with Velodyne Lidar, the largest maker of lidar sensors. Velodyne's lidar sensors are used by highly automated and prototype self-driving vehicles, as well as by some types of robots.
Augmented Reality market booms with its increasing use cases. Companies like Microsoft (MSFT), Amazon and Facebook among others are putting strong efforts to bolster presence.
Investors are selling in Tuesday's pre-market, following a strong start to the trading week yesterday and an overall bullish environment over the past couple weeks.
The stock market has been extremely volatile so far this year, and for many investors, the news has been extremely bad. Here, we'll look at the three top stocks in the Nasdaq 100 and see if they have room to run further. Zoom Video Communications (NASDAQ: ZM) is a recent entrant to the Nasdaq 100, having just joined the index in April.
Amazon's (AMZN) Twitch sees an increase in viewer base in second-quarter 2020 on account of lockdowns due to the COVID-19 outbreak.
Here we present five technology stocks poised to benefit from the growing adoption of digital payment solution especially amid coronavirus outbreak such as FB, AMZN & others.
The rapid climatic change has played a major role in spurring the green revolution in the energy sector and this will drive clean energy stocks in 2020.
Alphabet’s Google and Deutsche Bank have announced to form a strategic partnership to provide the German lender access to cloud services and create innovation in technology-based financial products for clients.
Tesla delivered far more vehicles than analysts were expecting last quarter. However, this news doesn't tell investors anything about what really matters: long-term demand for Tesla's products.
The stock market rally had a down day, but not hot EV plays Tesla and Nio. Facebook is in focus late after Mark Zuckerberg met with ad boycott organizers.
The Tesla Inc (NASDAQ: TSLA) Model Y is about to have some serious competition. Nissan (OTC: NSANY) is set to premiere its first all-electric crossover vehicle, the Nissan Ariya, online on July 15.What To Know: Very few details have been revealed about the Nissan Ariya, but it's expected to have nearly 300 miles of range, a sleek interior and an acceleration of 0-60 in five seconds.It may also offer an all-wheel-drive option with motors in both the front and the rear. The price starts at $40,000, which makes this car more affordable than the $53,000 starting price of the Tesla Model Y. It will also qualify for the $7,500 federal tax credit, which the Model Y does not.Why It's Important: The Ariya will include Nissan's second generation of its ProPilot Assist self-driving technology, which furthers its competition with the Model Y. Like most electric vehicles, it will also feature regenerative breaking to increase electric efficiency.Production and sales of the Ariya are planned to begin in China in 2020 and the United States in 2021. For those searching for a more affordable all-electric crossover, the Ariya could be it.Benzinga's Take: Tesla has proven its stance as the dominant leader of electric vehicles. Competition has been promised from other auto manufacturers for years, but so far nothing has come close to appealing for Tesla owners.On paper, this new Nissan sounds great. But will it deliver?Photo courtesy of Nissan.See more from Benzinga * 4 Companies You Won't Believe Have A Smaller Market Cap Than Tesla * Tesla's Stock Approaches JMP's ,500 Price Target(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Tesla Inc. rose 1.3% to end at a record $1,389.86 Tuesday, its sixth straight session of gains. Earlier Tuesday, Adam Jonas of Morgan Stanley upped his price target on the shares and came out with a $2,000 "bull case scenario," boosting the stock. As demand for Tesla vehicles continues, the company is on more solid footing than other auto makers and will likely post a GAAP profit when it reports second-quarter results next month, the analyst said. Tesla shares have been on a tear since last week, when the company reported better-than-expected sales numbers even as coronavirus-related closures kept its sole U.S. car-making plant in California shuttered for most of the second quarter.
The popular video-sharing app TikTok may be in the White House’s crosshairs. Secretary of State said on Fox News Monday night that the U.S. is considering banning Chinese-owned social media apps like TikTok. Pompeo pointed to similar actions the U.S. took against Huawei and ZTE (ticker: 763.Hong Kong) over national security concerns.