Wedbush Securities initiated stock coverage on SpaceX with a $190 price target and 'Outperform' rating, citing strengths in Starlink connectivity, Starship launches, and AI compute projects. Analyst D…
Bank of America strategists warned that AI stock concentration has reached levels seen before previous market bubbles, with the 'AI Big 10' now comprising 41% of the S&P 500, similar to tech and telec…
A United Nations report titled 'Governing AI for Humanity' highlights both the transformative potential and significant risks of artificial intelligence, calling for a global governance framework. The…
Apptronik opened a 90,000-square-foot 'Robot Park' in Austin to train its Apollo humanoid robots, backed by $1 billion from investors including Google and Mercedes. The robots are already working in M…
Alphabet's Google unveiled new AI tools and a redesigned search box at the I/O conference, powered by the Gemini 3.5 Flash model and new features Gemini Spark and Gemini Omni. The announcements are pa…
Global billionaire wealth surged 13% in 2025, driven by the AI boom, creating nearly 400 new billionaires and pushing the total to 3,302, according to a UBS study. However, the UK suffered the largest…
Elon Musk's xAI is preparing to release a 1.5 trillion parameter Grok 4.5 model in July, followed by a 2 trillion parameter model in August. The models are being tested internally at SpaceX and Tesla …
Panasonic Holdings has achieved a record valuation of ¥11.5 trillion ($71 billion) as demand for AI infrastructure products drives its stock more than double this year. The Japanese conglomerate plans…
Morph Reflexes launches a multi-head classifier API that analyzes agent traces for behavioral failures like looping and user frustration. The system uses a shared LLM backbone with reused KV cache to …
Michael Burry has initiated his first-ever short position in Caterpillar, betting against the heavy equipment giant after its stock nearly doubled during the AI infrastructure boom. Burry also increas…
BlackBerry reported Q1 revenue of $152.9 million, up 26% year-over-year, and EPS of 4 cents, beating estimates. The company's QNX operating system is now in 275 million cars and expanding into robotic…
Michael Burry disclosed a new short position against Tesla (TSLA) at $416.22, part of a broader bet against an inflating AI and semiconductor bubble. The trade was detailed in his Substack post, where…
Tesla is testing a production Cybercab with no steering wheel or pedals on public roads in Austin and the Bay Area, with a safety monitor in the passenger seat. The vehicle relies solely on cameras an…
Panasonic plans to localise production of data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The Japanese group aims to c…
Apptronik, a Texas-based humanoid robotics startup valued at over $5.5 billion, has opened a 90,000-square-foot 'Robot Park' in Austin where its Apollo robots practice tasks like loading boxes and sor…
The Magnificent 7 tech stocks lost $2.3 trillion in market value in June 2026 as investors doubted near-term returns from AI infrastructure spending, while chipmakers rallied on component shortages. W…
Rivian CEO RJ Scaringe wants his electric vehicle company to be compared to Apple and Nike rather than Tesla, emphasizing product quality and brand identity over competing directly with Tesla's scale.…
Ferrari and BMW have begun replacing copper wiring with aluminum in their electric and hybrid vehicles, challenging the demand thesis that has driven copper prices to record highs. The shift, driven b…
The Magnificent Seven tech stocks lost over $2.3 trillion in market value in June, as investors demand proof that AI revenue can catch up with massive infrastructure spending. The selloff reflects a s…
Chinese humanoid startups AI²Robotics and X Square Robot both surpassed 20 billion RMB in valuation on the same day, with AI²Robotics raising nearly 5 billion RMB and X Square Robot completing four ro…