Tesla shareholders will vote this November on a proposal urging the company to invest in Elon Musk’s AI startup, xAI, as part of ongoing discussions about the automaker’s…
UniCredit Chief Executive Andrea Orcel signalled that the Italian lender might contemplate unloading its large holding in Germany’s Commerzbank to a non-EU buyer if the price is right…
British supermarket group J Sainsbury is in discussions with Chinese e-commerce giant JD.com about a potential sale of its Argos general merchandise business. The talks, confirmed by Sainsbury’s…
Despite record highs in major US indexes, signs of economic deceleration are surfacing.Yet, optimism is building around a potential rate cut from the Federal Reserve, which could inject…
The past week delivered a mix of market gains, corporate surprises, and political upheavals across the globe. US equities posted their strongest performance in weeks, while Oracle’s cloud…
Super Micro Computer Inc (NASDAQ: SMCI) is extending gains this morning after the AI server company confirmed it has started high-volume shipments of its Nvidia Blackwell Ultra solutions.In…
Tesla shares rose 4.59% in early trading Friday, buoyed by renewed optimism among investors despite lingering concerns about weak sales, expensive valuations, and Chief Executive Elon Musk’s strategic…
Boeing stock price has crashed in the past few days, reaching its lowest level in over a month. It has underperformed the broader stock market as the top…
The outlook for the US auto industry is improving, according to Barclays, which upgraded shares of General Motors and Aptiv on Friday. Analyst Dan Levy raised his rating…