Tesla is set to report its next quarterly results on July 23 after the market close. It's teased the development of more affordable electric vehicles, which investors see as another key catalyst for growth. Outside of earnings and deliveries, investors will also be on the lookout for another growth opportunity: robotaxis. The company is set to unveil its much-anticipated robotaxi on Aug. 8. https://yhoo.it/4cXGqxr
Yahoo Finance
Online Audio and Video Media
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Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
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https://yhoo.it/3aBnLwr
External link for Yahoo Finance
- Industry
- Online Audio and Video Media
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- New York
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Updates
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Amazon is launching its fourth-generation Graviton processor, the Graviton4 chip, the company shared exclusively with Yahoo Finance. The new chip promises to deliver substantial improvements in performance and efficiency, including three times the compute power and memory of its predecessor, 75% more memory bandwidth, and 30% better performance. https://yhoo.it/4cREcQ3
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When it comes to AI regulation, how does Europe compare to the United States? What should investors be watching? Goldman Sachs Asset Management Portfolio Manager Brook Dane breaks it down: https://lnkd.in/e3Mn4Qdy #yahoofinance #finance #tech #AI #investing #markets
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Eli Lilly agreed to buy US gut-drug maker Morphic for about $3.2 billion, plowing some of the proceeds from obesity blockbuster Zepbound into its experimental pipeline. https://yhoo.it/3WdTF7t
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While tech giants such as Apple, Microsoft, Google, Meta, Amazon, and NVIDIA dominate markets, a new group of innovative tech companies is emerging, set to capitalize on the AI trade. Goldman Sachs Asset Management Portfolio Manager Brook Dane joined Yahoo Finance Executive Editor Brian Sozzi on Opening Bid, saying that clients are not jumping ship, and are more focused on "where are we in this AI cycle." Dane also spent some time talking about Nvidia's place in the market, and who their future competitors might be. More: https://lnkd.in/e3Mn4Qdy #yahoofinance #finance #tech #ai #investing #markets
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Boeing will plead guilty to criminal fraud conspiracy in a Justice Department agreement that brands the aviation giant as a corporate felon but could resolve a big legal headache as Boeing tries to convince customers and investors that it has its problems under control. The plea deal described by US prosecutors in a court document relates to actions taken by Boeing to mislead FAA regulators before two 737 MAX fatal crashes at the end of last decade. https://yhoo.it/3LdvVKx
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Amazon didn’t become the tech and retail giant it is today by sitting back and watching its competitors do business. The Jeff Bezos-founded company has long been seen as ruthless on prices and a relentless innovator, but at the core of those things is the notoriously cutthroat Amazon culture, believed to be a win-at-any-cost mindset. But Amazon’s ways may be catching up to it, with the Federal Trade Commission on the attack against the company for its alleged monopolistic behavior. The Wall Street Journal reporter Dana Mattioli recently visited Yahoo Finance to talk about her explosive new book, "The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power." What changed in Amazon's early days? More: https://lnkd.in/eBJYEqGE #yahoofinance #tech #retail #amazon
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Yahoo Finance reposted this
Really enjoyed sitting down with Brian Sozzi at Yahoo Finance HQ for the Opening Bid Podcast. Let’s compete not complain, and bring this category to its rightful place – and help make the world a better place, while having some fun along the way. Via Yahoo: https://lnkd.in/g6kyc9sK
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Total US household debt levels increased in the first quarter as already stressed credit card borrowers faced rising challenges, a new report from the Federal Reserve Bank of New York said. The bank report, part of its survey of household debt and credit conditions, showed that overall debt levels rose by $184 billion, or 1.1%, in the first quarter to $17.69 trillion. https://yhoo.it/3ztyfKI
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The New York Stock Exchange NYSE trading floor has changed a lot since its peak in the 1980s, mainly due to advances in technology. While computers now handle most trades, there are still real people on the floor doing important work for investors around the world. TradeMas Inc. senior floor trader Peter Tuchman, known as the "Einstein of Wall Street" because of his distinctive white hair, is one of the most recognizable figures on the trading floor. He's been working there for decades, offering valuable insights to clients during both good and bad market conditions — making him the go-to source for understanding market trends. Here's why Tuchman says stock trading isn't a "get rich quick scheme." More: https://lnkd.in/eyNmWb4A #yahoofinance #finance #investing #markets #money