China EV Giant’s Stock Up 40%, Tesla Down 20%
It says a great deal about the EV industry that China’s BYD shares are up 40% this year, while America’s Tesla (NASDAQ: TSLA | TSLA Price Prediction) is off 20%. BYD has taken over…
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Douglas A. McIntyre
Buffett Give $6 Billion To Charity
Warren Buffett gave $6 billion in Berkshire Hathaway (NYSE: BRK-B) stock to various charities According to several media reports this brings his lifetime charitable gifts to $60 billion. The Bloomberg Billionaire, Buffett is the…
Microsoft Is Worth $5 Trillion, According to Expert
Wedbush's Dan Ives predicts that Microsoft will be worth $5 trillion in 18 months, as it leads the industry in integrating artificial intelligence into cloud computing.
Tesla Gets More Major Competition in China
Tesla was once a market share leader in China. But Chinese car companies are introducing new EVs at a feverish pace.
Surge in Nvidia Stock Takes CEO Huang’s Wealth to $135 Billion
Nvidia stock is at an all-time high and its CEO's net worth has risen to $135 billion. The AI revolution has not slowed, and Jensen Huang has gone along for the ride.
Nvidia Market Cap Rises by $1.4 Trillion to Record Level
Nvidia's market cap has rallied to an all-time high of $3.76 trillion. This is a sign that the AI revolution has not slowed.
Hundreds of Teslas Kicked Out of Parking Lot
Unsold Tesla vehicles are reportedly accumulating in parking lots. A district court in Michigan has “evicted” the EVs from one such lot.
Walmart Opens ‘Dark Stores’ to Improve Delivery
Walmart reportedly is opening so-called dark stores to speed up same-day delivery. The move is a sign of how heated its rivalry with Amazon is.
Tesla’s Robotaxi Has Plenty of Believers
Its stock rose when Tesla said its new self-driving robotaxi was on the road in Austin. This experiment is crucial to the company's future.
Tesla’s First Robotaxi Already Broken
A Tesla robotaxi was spotted traveling the wrong way down a road, and another was shown braking hard in the middle of traffic. This experiment is crucial to Tesla’s future.
Ford Recalls Already Top 2024 Total, Taking Less Than 6 Months to Get There
A new analysis shows that Ford recalls in 2025 have already surpassed all those of in 2024. The company continues to let down investors.
Goldman Sachs Warns About $110 Oil and $5 Gas
Goldman Sachs warns that oil could soon reach $110 a barrel. The main trigger for the price surge would be the growing war with Iran.
Who Is Going To Give IBM The Bad News?
IBM has been one of the first tech companies to say it would lay off workers because of AI. The media put the number at 8,000. CEO Arvind Krishna said AI would replace some…
These Companies Are Cutting Jobs Because Of AI
AI could replace as many as hundreds of thousands of jobs. Goldman Sachs put that figure even higher. In a recent report, it said AI would “displace” as many as 300 million jobs worldwide.…
Warren Buffett Is The Greatest CEO In America
According to Barron’s Warren Buffett is the greatest CEO in America. He is on a list of Top CEOs which total 25 CEOs. (Maybe he is at the top because his last name starts…
Ford’s Catastrophic EV Recall
Ford (NYSE: F | F Price Prediction) recalled almost all the Mustang Mach-Es it ever sold. It was supposed to be one of the two flagships of its EV efforts. It was named after…
Nvidia CEO Jensen Huang Says Some Jobs Will Be Obsolete
Nvidia CEO Jensen Huang believes the use of artificial intelligence will make some jobs obsolete but will create many new jobs. The debate about AI and the workforce is in the early stages.
Recent iPhone Sales Soar
Apple iPhone sales have been strong in recent months. Expected price increases due to tariffs are one reason for the increased demand.
Social Security Emergency Worsens
The prospects for Social Security running out of money to pay full benefits continue to grow. The increase in the number of people who live in poverty could be staggering.
Car Prices to Rise $2,000 Due to Tariffs, Threatening GM and Ford Sales
America’s two largest car manufacturers are expected to bear the brunt of the effects of tariffs on the industry. Car sales could decline by a million units over the next three years.