Hugging Face CEO says China is winning the AI race and dominating on open models
Hugging Face CEO Clément Delangue said Chinese AI models could catch up to the U.S. as soon as this year.
SpaceX short interest overtakes Tesla ahead of earnings, lockup expiration
Notional short interest in SpaceX has climbed to about $23.6 billion, topping Tesla’s roughly $22 billion, according to S3 Partners.
Magnificent 7 ETF falls to record low valuation. Some stocks in the group could be great buys
The forward price-to-earnings multiple on the Roundhill Mag 7 ETF is the lowest since the fund was created a little more than three years ago.
California’s diesel prices have jumped since the Iran war started, with ripple effects across the country
California has the highest gas prices in the country as well as the busiest containership port, meaning consumers across the country could feel the impact of higher diesel.
Two biotech names on Josh Brown’s Best Stocks list are making meaningful highs this summer
Josh Brown and Sean Russo break down these two stocks on their list.
Amazon tops $3 trillion market cap as stock continues post-earnings surge
Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion.
Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
It is also the latest move by Visa to expand its value-added services business, which has become one of the company’s fastest-growing divisions.
Worried about AI jitters? Deutsche Bank says this tech subsector may offer some protection
Questions over the AI capex spend have upended bets on Big Tech, semiconductors and software this earnings season.
Greece wildfire in pictures: Firefighters battle blaze worsened by 100km per hour winds
Greece is entering its second week of wildfires spread by extreme winds as more countries in Southern Europe battle with intensifying climate change.
SpaceX’s post-IPO plunge sets tense backdrop for first earnings report
Two weeks after Tesla’s earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX’s results.
