As the dust settles from yet another quarter of financial scrutiny, tech giants Alphabet, the parent company of Google, gears up to unveil its third-quarter earnings report. Analysts have convened, piecing together their expectations based on averages collated by financial research firms. They project earnings per share to hover around $1.85, with anticipated revenue peaking
Enterprise
In a significant development within the autonomous vehicle industry, Waymo has successfully completed a $5.6 billion funding round, positioning itself for an ambitious expansion of its robotaxi services. This move is part of the company’s ongoing endeavor to enhance its operations in major metropolitan areas, specifically Los Angeles, San Francisco, and Phoenix, while also eyeing
Traveling to Rome is an experience infused with rich history, stunning architecture, and vibrant culture. On one particularly sweltering day, I found myself outside the grand Pantheon, anticipating an audio tour alongside my mother, who was celebrating her 60th birthday. Armed with curiosity and a quest for knowledge, I decided to engage with ChatGPT, a
In a development that has raised eyebrows in the tech and aviation industries, Delta Air Lines recently initiated a lawsuit against cybersecurity company CrowdStrike. The lawsuit, filed in Georgia, revolves around allegations of breach of contract and negligence, following a disastrous software update in July that incapacitated numerous computers within Delta’s system. This incident led
In a notable turn of events, Tesla saw its stock price surge by approximately 19% during trading on Thursday, marking a remarkable recovery and the potential for its most significant leap in more than three years. This reaction came in the wake of the company’s latest earnings report, which, despite reporting a revenue of $25.18
On Thursday, shares of Lilium, a pioneering German air taxi startup, plummeted more than 60% after alarming news surfaced regarding the impending insolvency of its two key subsidiaries, Lilium GmbH and Lilium eAircraft GmbH. This disclosure sent shockwaves throughout the financial markets, culminating in a stock price that closed at a staggering 52-week low, standing
As Tesla prepares to unveil its latest quarterly earnings, attention has shifted to the political intricacies associated with its CEO, Elon Musk. While investors are generally focused on financial metrics during earnings calls, a growing number of retail shareholders are voicing concerns about Musk’s political engagement, particularly his support of Donald Trump. This political discourse,
Founded in 2006, 23andMe once held the promise of transforming the genetic testing landscape by democratizing access to personal genomics. With an innovative direct-to-consumer model, the company sought to make genetic testing affordable and accessible, contrasting sharply with the traditional, exclusive practices of the industry. Supported by prominent investors and celebrity endorsements, 23andMe captured public
The U.S. government is in the advanced stages of rolling out critical measures aimed at regulating American investments in China, particularly concerning sensitive technologies. The Treasury Department is expected to introduce new rules requiring notification for outbound investments focused on fields such as artificial intelligence, semiconductors, microelectronics, and quantum computing. These technologies carry the potential
The impending 2024 election cycle has ignited fierce competition, especially in the realm of cryptocurrency. As various political entities vie for power, Fairshake, a super PAC advocating for cryptocurrency interests, has made significant financial moves that could sway crucial House races. An analysis of their spending patterns reveals a strategic attempt to ensure that legislators