Ford CEO Jim Farley says Chinese automakers such as BYD are its greatest EV rivals
Ford CEO Jim Farley used Warren Buffett-backed BYD as the prime example of a Chinese automaker that has successfully developed and sold electric vehicles.
Microsoft outlines its vision for keeping A.I. in check
Among the suggestions is a version of the financial service sector’s Know Your Customer rules adapted for AI.
Virgin Galactic completes Unity 25 spaceflight in key final test before commercial service
It’s a crucial moment for Virgin Galactic, which has suffered repeated setbacks, several disasters and years of delays in developing its spaceflight system.
RBC upgrades this homebuilder, says shares could jump nearly 20%
RBC Capital Markets thinks strong gains are in store for Toll Brothers as demand improves.
JPMorgan says this China-based stock will be the ‘best defensive play’ in e-commerce, shares could rally 20%
JPMorgan said Vipshop’s share buyback program and cyclical tailwinds in coming months could beat market expectations.
The A.I. chip boom is pushing Nvidia toward $1 trillion, but it won’t help Intel and AMD
Sales are up because of spiking demand for the graphics processors that Nvidia makes that power AI applications like those at Google, Microsoft and OpenAI.
Analysts scramble to raise price targets on Nvidia after super earnings. JPMorgan goes to $500
Multiple firms increased their price target on the chipmaker after it raised its outlook for the current quarter.
Jan. 6 rioter who put his feet on desk in Pelosi office sentenced to 4.5 years in prison
A photo of a smiling Richard “Bigo” Barnett in Pelosi’s office became one of the most notorious images from the Jan. 6 riot at the U.S. Capitol.
Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva
Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
Fed officials less confident on the need for more rate hikes, minutes show
The Federal Reserve on Wednesday released minutes from its May 2-3 policy meeting.
