Tesla Inc.‘s TSLA lackluster sales continue to pose a challenge for Elon Musk‘s EV giant, with the latest data suggesting dwindling market share in the U.S. Tesla Market Share Reaches Eight-Year Low In The U.S. The company’s total market share in the U.S. EV market is down to below 40% for the first time since…
Chewy, Inc. CHWY will report its second-quarter fiscal 2025 results on September 10, with Wall Street closely watching the online pet retailer’s ability to sustain growth in a resilient but increasingly competitive category. According to Benzinga Pro data, analysts expect Chewy to deliver adjusted earnings of $1.41 per share on revenue of $3.08 billion. The…
After conquering content creation and streaming, MrBeast could have his eyes set on launching a mobile phone company. A new report says the creator, also known as Jimmy Donaldson, could be following in the footsteps of Ryan Reynolds and President Donald Trump by launching a celebrity-backed phone company. What Happened: With 430 million subscribers on…
Anthropic has witnessed a significant surge in its valuation. The company’s worth has more than doubled, now standing at $183 billion post-money, following a $13 billion fundraise. Backed By Alphabet, Amazon, Anthropic Raises $13 Billion The valuation increase comes on the heels of a $13 billion fundraise, co-led by Fidelity Management & Research and Lightspeed Venture Partners, Anthropic…
Japanese media giants Nikkei and Asahi Shimbun have filed a lawsuit against Perplexity AI, which is backed by Amazon founder Jeff Bezos and Nvidia Corporation NVDA. They accused the AI search startup of copying and storing their content without permission. Nikkei And Asahi Seek $30 Million In Damages The lawsuit, filed Tuesday in Tokyo, alleges…
President Donald Trump has intensified his criticism of Europe’s Digital Services Act, threatening tariffs and possibly unprecedented sanctions against EU officials over what Washington calls discriminatory tech regulations. President Trump’s Warning To Europe And China On Monday, Trump took to Truth Social and accused Europe of unfairly targeting U.S. technology firms while giving Chinese competitors…
Jeff Bezos-backed Slate Auto has recruited a key Tesla Inc. TSLA manufacturing leader amid its affordable EV pickup truck push. Slate Auto Poaches Tesla Model Y Assembly Lead The startup has recruited Napoleon Reyes, who headed Tesla’s Model Y and Model Y Refresh General Assembly from 2022 in Fremont, California, Electrek reported on Friday. “I…
Breakthrough Energy, a U.S. nonprofit founded by Microsoft Corp. co-founder Bill Gates, will partner with Japan’s government to support decarbonization research beginning in fiscal 2026, with a focus on moving homegrown technologies from labs to market. Gates-Founded NPO Expands To Boost Japan’s Clean-Tech Commercialization The organization will work with Japan’s Ministry of Economy, Trade and…
Basketball legend Kobe Bryant expressed deep admiration for Elon Musk, often sharing how the billionaire served as a source of inspiration for him. What Happened: Bryant, renowned for his voracious appetite for knowledge, was always on the lookout for inspiration from the best in various fields. Musk, known for his innovative approach and relentless quest…
Tom Rairdon, a 75-year-old retiree, has discovered a profitable and exciting pastime in day trading meme stocks. What Happened: Rairdon, who was a former radio industry professional, found retirement less thrilling than he had imagined. Upon a friend’s suggestion, he ventured into day trading. Joining the wave of retail investors who entered the market amidst…