Nvidia Attacks AWS
Nvidia has started renting servers for its AI storage operation. It could eventually overtake AWS as the largest cloud company in the world.
All Work
Douglas A. McIntyre
Is Walmart Spying on Shoppers?
Workers at some Walmart locations have started to wear body cameras. It is unclear whether this is meant to protect employees or store merchandise.
Ford and GM Should Benefit From Jump in Car Sales
Ford and GM got a boost from increased auto sales in November. This helped offset their struggles in China, the world’s largest car market.
Amazon’s Success Threatened by Strikes
Strikes are about to hit Amazon in the middle of the year's busiest e-commerce shipping week. Amazon’s e-commerce revenue is most at risk during the holiday season.
Amazon Faces Powerful Competition
Amazon faces the first real competitor it may have ever had. Temu is a “super discount” e-commerce site with a massive number of items for sale.
Tesla Races Toward $2 Trillion Market Cap
One analyst sees Tesla stock headed to $650 a share. That would take the electric vehicle maker's market cap to more than $2 trillion.
Nvidia CEO Huang’s Net Worth Tops $117 Billion
Nvidia CEO Jensen Huang now has a net worth near $117 billion. If AI has the future that some expect, he may become much richer.
Median Homeowner Net Worth Hits $400,000 While for Renters Its $10,400
A recent analysis reveals that the gulf in net worth between homeowners and renters is huge. The demographics of the two groups are distinct as well.
Apple and Google May Drop TikTok App
After Congress and President Biden passed legislation to ban TikTok, an appeals court supported the decision. Apple Inc. (NASDAQ: AAPL | AAPL Price Prediction) and Google may have to remove the TikTok app from…
Porsche Financials Battered by Volkswagen
Porsche, which makes among the world’s most legendary and well-regarded sports cars, will take a $21 billion hit because of its ownership of Volkswagen. Porsche is VW’s largest shareholder. It owns 32% of VW’s…
Tesla Raises Prices in Bold Move
Tesla Inc. (NASDAQ: TSLA | TSLA Price Prediction) has raised the price of its top-of-the-line Model S by $5,000 in the United States. It is a bold move in an electric vehicle (EV) market…
Walmart’s Walton’s Net Worth Jumps to $432 Billion
The descendants of Walmart's founder reportedly have a net worth of $432 billion. The family owns 46% of the world’s largest retailer.
Warner Bros Discovery Stock Is Still a Mess
News that Warner Bros. Discovery plans to split its cable assets from its movie studio and streaming business boosted the stock.
Jeff Bezos Net Worth Hits $250 Billion
The net worth of Amazon.com founder Jeff Bezos has skyrocketed this year. His wealth is largely based on the tech and ecommerce giant's market cap.
Nvidia Moves Into AI Car Business, Challenge to Tesla
Nvidia is entering the self-driving car industry in China, the world’s largest car market. That puts it on a collision course with Tesla.
GM Walks Away From Robotaxis
General Motors has decided to walk away from the robotaxi business. It will instead focus on autonomous, self-driving cars.
Elon Musk’s Net Worth Surges Toward $400 Billion
Morgan Stanley named Tesla a top stock pick. With his stakes in SpaceX, xAI, and others too, Elon Musk’s net worth still has plenty of room to run.
Chrysler’s Used Car Failure
Stellantis brands received abysmal rankings in the Consumer Reports Used Car Brand Reliability Report. Is the Chrysler brand doomed?
Tesla’s China Challenge
Tesla lags its rivals in the world’s largest electric vehicle (EV) market. However, it has a larger global footprint than its Chinese competitors.
Top Wall Street Analyst Expects S&P 500 to Rise Another 17%
One of Wall Street’s biggest bulls expects the S&P 500 to increase another 17% next year. Other analysts think the market could become too expensive.