Bezos Net Worth Rises $10 Billion on Amazon Earnings
A strong Amazon earnings report boosted the net worth of founder Jeff Bezos by $10 billion. Wall Street is impressed with the prospects for Amazon due to AI.
All Work
Douglas A. McIntyre
Netflix May Buy Warner Bros
Netflix is considering buying Warner Bros. Discovery to add to its subscriber count and cement its place as the world’s leading streamer.
Tesla Is Worth 28 Times Ford
Two differences between Ford and Tesla explain their widely disparate valuations. A few years from now, which one will be dying?
Starbucks’ Terrible Quarter
Starbucks reported mediocre quarterly results. It provided little evidence that its turnaround strategy was taking hold.
OpenAI’s $1 Trillion IPO
An initial public offering could value artificial intelligence company OpenAI at $1 trillion. However, there are several risks to that frothy valuation.
Tesla’s European Sales Plunge 18%
In September, Tesla sales in the European Union plunged more than 18%. Its market share globally continues to shrink.
Apple Crushed by Other Tech Stocks
Apple stock is trading near its all-time high. Yet it has underperformed most of the other Magnificent 7 stocks this year.
Toyota Will Run Out of Cars First
Toyota dealers again have the lowest inventory of new cars because they move off the lot so rapidly. Its luxury brand Lexus is in a similar position.
Nvidia Market Cap Nears $5 Trillion
Nvidia’s market cap is poised to hit $5 trillion after a flurry of new deals were announced. CEO Huang may announce more deals on his South Korea trip.
Nvidia Will Fall Apart, According to This Analyst
One analyst bucks the trend when it comes to Nvidia stock. Here's why the leading AI chipmaker’s prospects may not be so bright.
AI Destruction of Millions of Jobs Begins
Amazon joins other corporations replacing workers with automation and artificial intelligence. Up to 7% of American workers could be displaced by this trend.
Elon Musk Could Walk Out of Tesla and Not Come Back
Without a new $1 trillion incentive package, would Elon Musk leave Tesla behind? If he does depart, will the company survive without him?
Ford Gets a Correction to Our F-150 Lightning Story
Ford insists it has faith in its F-150 Lightning, despite reports that it will halt production of the electric pickup due in part to poor sales.
iPhone 17 Is a Big Win for Apple
The iPhone 17 has been a big success in both China and the United States. Apple investors have been heartened by the news.
Warren Buffett Badly Beaten by the S&P 500
Berkshire Hathaway stock has underperformed the S&P 500 this year. Has Warren Buffett lost his touch?
Tesla’s Next Huge Challenge
Tesla’s biggest challenge for now is the loss of market share to competing EV makers with toeholds in the United Kingdom and Europe.
Ford to End Production of Failed F-150 Lightning
Ford posted strong numbers for the third quarter, but lowered forecasts because of a fire at a major supplier. It also said it would stop making the F-150 Lightning.
Rivian Crippled by New Layoffs
Rivian reportedly will lay off 600 employees. The struggling EV maker’s prospects continue to fade year after year.
Apple Can’t Fold a Foldable Phone
Rumors hint that Apple will launch a foldable phone with the iPhone 18 late next year. It is trying to catch up to archrival Samsung.
IBM Is America’s Worst Tech Company
IBM announced terrible quarterly results, and its stock promptly dropped sharply. It is too small to play an important role in the future of AI.