Grok Was Always Going To Cripple SpaceX
xAI, the part of SpaceX (NASDAQ: SPCX | SPCX Price Prediction) that operates Grok, was always going to drive the entire company under. SpaceX had almost $19 bullion in revenue last year. It lost…
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Douglas A. McIntyre
Did Oracle Need To Fire 21,000 Because It Is In Trouble?
Badly damaged tech company Oracle (NASDAQ: ORCL | ORCL Price Prediction) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company’s total workforce. Oracle took a charge…
Robots Will Replace 700,000 Workers
It really doesn’t matter who made the statement if he or she really, really knows what they are talking about. Richard Liu, founder and chair of JD.com, said that “sooner or later” robots would…
Why Tesla Fatal Accidents Don’t Matter To The Company’s Success
A woman in Texas was killed when a Tesla (NASDAQ: TSLA | TSLA Price Prediction) crashed into her home. The car was traveling at a high speed. It may be that the driver was…
If You Think The Market Will Ever Fall, Buy This
The stock market isn’t going to fall again, at least in this century. The S&P is up 8% this year. It is up 25% in the last year, and 80% over the last five.…
What’s Wrong With Costco?
Costco (NASDAQ: COST) is one of the best-managed companies in the US, with a membership model that generates billions before customers buy a single item. Yet its stock has puzzled investors in 2026, sitting…
Rivian CEO RJ Scaringe Should Be Fired, But Can’t Be
Rivian (NASDAQ: RIVN | RIVN Price Prediction) has fumbled the ball at least twice recently as the company launches what it calls the “affordable” R2. Most versions of the SUV cost $55,000 to $60,000.…
The New Magnificent 15
The performance of some members of the Magnificent 7 has fallen apart. And several companies have climbed the list of those controlling market movements. The Mag 7, as it is sometimes called, includes Apple…
Who Is The World’s Second Richest Person?
After SpaceX’s (NASDAQ: SPCX | SPCX Price Prediction) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based…
Genghis Khan Was Worth $120 Trillion
The further back one goes in history, the harder it is to estimate a reasonable net worth figure. Elon Musk’s net worth of $1.3 trillion is confirmed by several sources, including Forbes and Bloomberg.…
Musk’s SpaceX $1 Trillion Revenue Goal
Elon Musk thinks SpaceX (NASDAQ: SPCX | SPCX Price Prediction) will have $1 trillion in revenue in 2031. Its revenue last year was just shy of $19 billion. According to CNBC, Goldman Sachs forecasts…
Tesla’s “Misleading” Numbers
Regulators in Sweden and the Netherlands say Tesla (NASDAQ: TSLA | TSLA Price Prediction) has provided them with “misleading data,” according to Reuters. This data involved Tesla’s “Full Self-Driving” (FSD) system. The regulators said…
ChatGPT Has One Billion Users
Research firm Sensor Tower reports that OpenAI’s ChatGPT had one billion monthly app users last month. The lead based on this yardstick is long-standing in the industry. According to CNBC: “With its billion-MAU figure…
No One Cares About Tesla Anymore
When SpaceX goes public with a valuation of $1.75 trillion, it will be worth slightly more than Tesla (NASDAQ: TSLA | TSLA Price Prediction), which has a market cap of $1.5 billion. Of course,…
Tesla Is Worth More Than The Next 10 Car Companies Combined
Tesla (NASDAQ: TSLA | TSLA Price Prediction) is not worth more than all the world’s car companies combined, although this is often raised in a “fake news” sort of way. A more accurate way…
OpenAI Prices Wars Could Cripple IPO
OpenAI believes its prices for enterprise customers are too high. This is particularly true when the management at these companies compares its prices to archrival Anthropic. According to The Wall Street Journal, OpenAI will…
Why Is Ford’s Stock Price Down 6% In Five Years?
Ford (NYSE: F | F Price Prediction) has done everything right recently. It abandoned its expensive EV plans, which will save billions of dollars a year. It has launched “Ford Energy,” which Wall St.…
Rivian’s Most Important Product Launches And The Stock Falls Apart
Rivian (NASDAQ: RIVN | RIVN Price Prediction) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current…
Social Security Disaster Will Happen Earlier Than Expected
The Social Security Board of Trustees released its annual report on the financial status of the Social Security Trust Funds. The funds will be depleted by the final quarter of 2032. This is a…
Siri Didn’t Rescue Apple
Apple’s (NASDAQ: AAPL | AAPL Price Prediction) new Siri upgrade won’t work in the EU or China for now. China is the world’s largest smartphone market. So, in China, consumers will use old apps…