A Hong Kong court has quashed a government decision to refuse hire car permits to two prospective Uber drivers seven years ago, rejecting authorities’ contentions that the move could open the floodgates for ride-hailing services and private vehicles to operate as “pseudo-taxis”. In a written judgment handed down on Thursday, the High Court found the…
Photo: Spencer Platt (Getty Images) In This Story The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA+3.13%), getting December off to a good start after a November that was the best month of 2024 for both the Dow and S&P 500. In the afternoon, the Dow Jones Industrial…
In This Story Tesla’s (TSLA+8.11%) market capitalization hit $1 trillion Friday morning, as Donald Trump’s election win has helped the EV maker’s stock surge this week. How Nvidia’s H200 GPUs and Blackwell chips are revolutionizing data centers The company’s share price rose more than 6% to about $313 during intraday trading on Friday. It marks…
In This Story Tesla (TSLA) stock is staying strong in trading Thursday after the company delivered earnings that largely surprised Wall Street and Elon Musk delivered a new round of optimistic forecasts. Prada is making spacesuits for NASA and the price tag is out of this world The automaker reported improved operating profit margins, automotive…
In This Story Tesla (TSLA) CEO Elon Musk is primed to unveil his company’s efforts to produce a self-driving “robotaxi,” either delivering a massive win for investors that justifies sacrificing a widely anticipated car — or a major disappointment. The next Nvidia? Data center stocks could be a goldmine, strategist says Musk has been talking…
Photo: Patrick Pleul/picture alliance (Getty Images) Don’t get me wrong, Tesla is still dominating the electric vehicle market, but control is quickly slipping. The Austin, Texas-based automaker handed over fewer vehicles than analysts expected during the third quarter of 2024 as more compelling competition comes online in China and Europe. It doesn’t help that most…
Photo: Michael M. Santiago (Getty Images) In This Story The Dow and S&P were lower Wednesday morning as escalating tensions between Israel and Iran pushed crude oil prices higher. West Texas Intermediate and Brent surged nearly 3% in the morning trading. Buy Costco and American Express stock as inflation cools, analyst says The continued rise…