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Ridesharing giants Uber and Lyft are stepping in after Tesla's “toothless taxi” fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland on January 6, 2024. Klaudia Radecka | Photo only | Getty Images TeslaThe hyped robotaxi reveal posed a threat AboveThe company's ride-sharing ambitions have instead turned into a boon…

Nvidia shares are up 25% in a month and are approaching a new record

Jensen Huang, CEO of Nvidia, presents “Blackwell” at an event before the Computex Forum on June 2, 2024 in Taipei, Taiwan. Ann Wang | Reuters Nvidia Shares have risen 25% in the past month and are nearing a record high…

Alphabet Inc. (GOOG) Gains But Underperforms the Market: What You Should Know

Alphabet Inc. (GOOG) closed the most recent trading day at $165.70, moving +0.8% from the end of the previous session. The stock lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow was up 0.3% and the tech-dominated Nasdaq…

Google ordered the opening of the Android app store for the trial version of Epic Games

Character actors from the Epic Games Fortnite video game dance during the E3 Electronic Entertainment Expo in Los Angeles on June 12, 2019. Kyle Grillot | Bloomberg | Getty Images A US judge issued a preliminary injunction on Monday that…

Tesla's third quarter deliveries are expected before the Robotaxi event

Tesla will report vehicle production and delivery numbers for the third quarter on Wednesday. Analysts expect Elon Musk's automaker to report about 463,310 deliveries, according to FactSet StreetAccount estimates. This would include around 435,900 Tesla Model 3 sedans and Model…

Cerebras files for IPO

Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sports file | Collision | Getty Images Artificial intelligence chip startup Cerebras Systems filed its prospectus for an…