Samsung Electronics said on Saturday it struck a pact with US chip designer Broadcom to widen cooperation across memory chips, contract chip making and advanced packaging envisaged to exceed US$200 bi…
The Nasdaq Composite fell 2.15% on July 23 after Alphabet and Tesla earnings revived concern about heavy AI spending, while surging oil prices added inflation pressure. Alphabet reported $119.8 billio…
ARK Invest CEO Cathie Wood named Tesla and SpaceX as her top AI stock picks on Fox Business on July 22, 2026, citing robotaxis, Optimus robots, and orbital data centers as key drivers. ARK Invest depl…
Tesla confirmed the wide release of FSD v14 Lite for Hardware 3 vehicles on July 22, 2026, but millions of owners who paid up to $15,000 for Full Self-Driving remain permanently locked out of unsuperv…
Rumors that Andrej Karpathy left Anthropic began circulating on July 25, 2026, after X users questioned whether he had removed the AI lab from his profile, but neither Karpathy nor Anthropic has confi…
Michael Burry's Scion Asset Management has increased its short position against Nvidia, adding to put options first disclosed in late 2025 and expanding bearish bets across the semiconductor sector wi…
Tesla Vice President of AI Ashok Elluswamy said during the company's Q2 Earnings Call on July 22, 2026, that Tesla's Robotaxi program has driven more than 380,000 miles of unsupervised ride-hailing ac…
Alphabet and Tesla lost a combined $580 billion in market value this week as investors punished heavy AI spending, while suppliers like Supermicro Computer and Digital Realty surged on the same capita…
Samsung Electronics has secured a landmark semiconductor partnership with Broadcom valued at over $200 billion through 2030, covering memory chips, advanced contract manufacturing, and packaging. The …
The Nasdaq Composite dropped roughly 1-2% as Alphabet raised its 2026 capex guidance to $195B-$205B and Tesla announced elevated AI spending plans, fueling investor fears that AI spending is outpacing…
Elon Musk announced on July 24 that SpaceXAI will release Grok 4.6 in two weeks and Grok 4.7 four weeks later, accelerating the AI arms race against Anthropic and other labs. The two-trillion-paramete…
Tesla reported second-quarter net income of $1.11 billion, or 32 cents per share, missing Wall Street estimates of 53 cents per share, as research and development spending surged 49% to $2.37 billion.…
Tesla closed a ~$2 billion acquisition of an unnamed AI hardware company in Q2 2026, paying $1.95 billion in stock and equity awards, according to its 10-Q filing. Only $222 million was allocated to a…
Tesla disclosed in a July 23 regulatory filing that it acquired an unnamed AI hardware company during the second quarter of 2026 for $1.95 billion in stock and equity awards, with $1.73 billion tied t…
Oil prices have fallen, pressuring bond markets and raising concerns about AI companies' cash flow, according to a Reuters report. The 10-year Treasury yield hit an 18-month high of 4.7135%, while the…
Elon Musk told The Economist editor-in-chief Zanny Minton Beddoes that artificial intelligences will be in charge of the world by 2036 and that money will not matter in 20 years, predicting AI will ex…
U.S. stocks fell to multi-week lows on Thursday, led by the tech-heavy Nasdaq, due to jitters about the durability of the AI capex spree, as Alphabet reported negative free cash flow for the first tim…
Elon Musk told The Economist's editor in chief Zanny Minton Beddoes that AI will surpass the sum of human intelligence within roughly five years, leading to an 'age of amazing abundance.' Musk, who ru…
Tesla posted a $1.1 billion free cash flow deficit in Q2 2026, and its stock fell 14.5% the next day, wiping out $214.5 billion in market value, after investors reacted to operating income collapsing …
Fremont, California, is emerging as a robotics hub as Agility Robotics opens a 60,000-square-foot engineering center for its Digit bipedal robot, joining Tesla, Meta, Zoox, Pony.ai, and DoorDash in th…