Tesla sold $430 million worth of its Megapack backup batteries to Musk’s xAI in 2025
In Tesla’s annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk’s AI startup.
Russia and China control a key metal for military use. This company is helping the U.S. find a solution
LightPath Technologies, a Florida-based optics and photonics provider, won a buy rating as Canaccord Genuity began research coverage Thursday.
Apple acquires Israeli startup Q.ai
Q.ai was led by Aviad Maizels, who previously sold a startup called PrimeSense to Apple in 2013.
Software stocks enter bear market on AI disruption fear with ServiceNow plunging 10%
The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn.
Microsoft is testing a major technical level after its post-earnings plunge
Jay Woods of Freedom Capital Markets takes a look at the Microsoft charts.
Trade deficit soared 94% in November and was higher than a year ago, despite tariff efforts
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
Meta and Microsoft are making big moves in opposite directions after earnings
Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
Oil prices rise more than 3% as Trump weighs strikes on Iran
Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire protesters.
Buy ASML as demand surges from growing semiconductor foundry competition, says Barclays
The bank moved the stock to overweight from equal weight.
India bets on up to 7.2% growth next year, outpacing most major economies
India’s economy is growing faster than most, but it is still seeing capital outflows.
