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Latest financial news and analysis from global markets
GOOGL
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in robotaxis designed by Alphabet's Waymo.
TSLA
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in robotaxis designed by Alphabet's Waymo.
UBER
Nuro receives driverless testing permit ahead of Uber robotaxi service launch
The Silicon Valley AV startup has not started driverless testing yet.
NVDA
Nuro receives driverless testing permit ahead of Uber robotaxi service launch
The Silicon Valley AV startup has not started driverless testing yet.
NVDA
Why Rhythm Pharmaceuticals Stock Triumphed on Tuesday
It released an encouraging quarterly earnings report and business update before market open.
INTC
Why Rhythm Pharmaceuticals Stock Triumphed on Tuesday
It released an encouraging quarterly earnings report and business update before market open.
MSFT
Mark Cuban Predicts 5 Years Of Corporate Chaos: Why 'Walled Gardens' From AI Giants Like Microsoft, Alphabet Will Break Big Business
Billionaire entrepreneur Mark Cuban is sounding the alarm on the future of enterprise artificial intelligence (AI), warning that fragmented AI models from tech giants like Microsoft Corp. and Alphabet Inc. will create overwhelming corporate complexity and turn business scale into a massive liability. ‘Walled Garden’ Dilemma In an assessment of the current AI landscape, Cuban cautioned that the fierce competition among foundational tech giants is creating an unsustainable, highly fragmented envir
GOOGL
Mark Cuban Predicts 5 Years Of Corporate Chaos: Why 'Walled Gardens' From AI Giants Like Microsoft, Alphabet Will Break Big Business
Billionaire entrepreneur Mark Cuban is sounding the alarm on the future of enterprise artificial intelligence (AI), warning that fragmented AI models from tech giants like Microsoft Corp. and Alphabet Inc. will create overwhelming corporate complexity and turn business scale into a massive liability. ‘Walled Garden’ Dilemma In an assessment of the current AI landscape, Cuban cautioned that the fierce competition among foundational tech giants is creating an unsustainable, highly fragmented envir
BTCUSDT
Strategy 'Will Probably Sell' Crypto; MSTR Stock, Bitcoin Price Fall
Strategy, the biggest bitcoin-holding company, "will probably sell" some of the cryptocurrency to pay preferred stock dividends, founder Michael Saylor said while discussing first-quarter results after Tuesday's close. Both MSTR stock and the bitcoin price fell after hours. Saylor described the plan as a bid "to inoculate" financial markets from the notion of Strategy selling bitcoin as it tries to maximize financing efficiency.
GOOGL
AI Models Face U.S. Review Before Launch. What It Means for Tech Stocks.
Don’t overreact to news that the government wants to preview AI models before they are released. It isn’t a big deal—yet.
MSFT
AI Models Face U.S. Review Before Launch. What It Means for Tech Stocks.
Don’t overreact to news that the government wants to preview AI models before they are released. It isn’t a big deal—yet.
GOOGL
Dow Jones Futures Rise; Trump Hits Hormuz 'Pause'; AMD, Lumentum, Arista Lead AI Earnings Movers
President Trump hit "pause" on his Hormuz opening effort. AI plays AMD, Astera Labs, Lumentum, Arista were earnings movers late.