Morgan Stanley analyst Adam Jonas said that valuing Tesla as purely an auto retailer would be akin to valuing Amazon as solely an online retailer or Apple as a seller of glowing rectangles and earbuds.
According to an insider, Apple Inc. (NASDAQ: AAPL) is making a foray into the $500 billion home services market by leveraging its AI capabilities and deep user data to power in-app bookings via Siri and other interfaces.
For the first time since 2023, the Oracle of Omaha is using the confidential tag to build a stake in a company without investors knowing which stock it is.
Over the past six months, Kadant’s shares (currently trading at $326.02) have posted a disappointing 17.6% loss while the S&P 500 was flat. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
David Sacks and OpenAI CEO Sam Altman defended Donald Trump's AI chip deals with Gulf states, calling them a strategic win over China despite bipartisan concerns about national security risks.
Apple hired Google's AI chief in 2018 to boost its artificial intelligence efforts, but seven years later, it still lags behind OpenAI, Microsoft, and Amazon due to internal delays, underinvestment, and strategic missteps, according to a new report.
