Large cap News

A Texas Department of Motor Vehicles automated-vehicle listing for Tesla Robotaxi network now shows over 270 registered vehicles: over 250 Model Ys and a few Cybercabs.

AMZN stock dropped on Monday after a Wall Street Journal report said the FTC plans to sue the company over how it prices ads on its retail site.

In an interview with CNBC, CEO David Ricks said the company’s long-term strategy includes making its obesity franchise more durable and investing in technologies to transform the treatment of other diseases.

In an interview with Bloomberg, CEO Jensen Huang said Nvidia is “welcoming” custom AI chips by making it easier for them to connect to its infrastructure.

John Ternus takes over as Apple CEO on Tuesday, succeeding Tim Cook after more than a decade at the helm.

In a post on LinkedIn on Monday, Angelos Stergiou said despite speculation and outside commentary ‘naturally’ increasing, the company will let the data speak for itself.

BitMine stepped up its Ethereum buying as it moved close to controlling 5% of ETH’s total supply.

Over the past week, Strategy bought around 4,600 BTC for roughly $370 million.

Lilly also announced that combining its inflammation treatment Taltz with Zepbound delivered lasting improvements in adults with psoriasis or psoriatic arthritis who were obese in two late trials.

Bernstein said AI is improving ad targeting, recommendations, engagement, and delivery.

ASST stock has nearly doubled so far this month, while MSTR shares have gained around 30%.

CEO Daniel Roberts said rising costs across data-center components are adding pressure to the company’s buildout.

Musk agreed that long-promised Tesla and SpaceX projects are turning into factories, vehicles and firm launch dates.

A presidential commission has 120 days to recommend the academy’s curriculum, governance, location, admissions and service requirements.

August’s standout consumer stocks rallied despite weaker confidence, with strong earnings, turnarounds, and travel demand driving gains across the sector.

Analyst Patrick Moorhead said he saw as many Tesla Cybercabs as Waymo vehicles downtown, potentially ahead of the Sept.3 event.

The Synspective “Owl Around The World” mission is now scheduled to launch no earlier than Sept.1.

US Mobile is also targeting Starlink Direct to Cell by late Q4 as part of its “terrestrial + celestial” strategy.

The AI rally put Burry’s bearish stance under pressure as Palantir, CoreWeave, Oracle, Micron, Tesla, Nebius and Nvidia all climbed during August.

Investors are shifting from AI model makers to enterprise software platforms that help deploy and manage AI.

An AstraZeneca sales executive called the Phase 3 Regal trial a “game changer” for AML patients in their first or second complete remission.

Investors assessed whether the massive AI investment cycle can continue beyond infrastructure and into enterprise applications.

Strategy Inc has not disclosed a Bitcoin purchase since acquiring 520 BTC for the week of June 15 to June 21.

Delcy Rodríguez praised the agreement, saying it could raise oil production and support Venezuela’s economic recovery.

Eisman warned that OpenAI’s failure could cause a major market correction and push the U.S. economy into recession.

Warsh stated that the “Hall of Mirrors” problem could occur when markets rely on the Fed and the Fed relies on markets.

In an interview with CNBC, Affirm CEO Max Levchin said higher interest rates would have a limited impact on Affirm’s business and funding model.

Mizuho and Loop Capital cut their price target on PYPL stock after Bloomberg reported that Stripe and Advent Capital had walked away from a deal to acquire the payments firm.

Marvell CEO Matt Murphy said Marvell’s custom revenue could be “a lot larger” than Wall Street is currently modeling, particularly from fiscal 2029 onward.

Mounjaro produced an 8% lower rate of cardiovascular death, heart attack or stroke than Lilly’s diabetes drug Trulicity.

Capital One downgraded Workday to ‘Equalweight’ from ‘Overweight’ while keeping a $219 price target.

Palihapitiya praised CEO Marc Benioff as “too good” and said he expects Salesforce to make good deals as the AI ecosystem evolves.

Waymo called the path from supervised Level 2 assistance to Level 4 autonomy a “false summit.”

Steve Eisman said “the AI story goes on,” but identified OpenAI and Anthropic as its potential weak points.

Netflix aired 27 minutes of GTA 6 gameplay, helping restore optimism despite damaging leaks.

BlueBird 14 is complete, while satellites 15 and 16 are nearing completion.

Cautious consumers and rising competition are squeezing companies’ profits.

Burry’s Nvidia calls gained 50% to 60% in under a day after the stock rallied about 9%.

SpaceX does not oppose the deal but said Iridium’s alleged anticompetitive conduct “hangs as a cloud” over it.

Solana outperformed Bitcoin and led the rally in major altcoins on Thursday afternoon.

In an interview with CNBC, Cleveland Fed President Beth Hammack stated that “now is the time to act,” adding that the monetary policy is not restrictive enough.

Raymond James raised its Nvidia price target to $515 from $352, implying a market value of roughly $12.4 trillion if it reaches that level.

Rosenblatt called the settlement a significant win for Meta, noting that the payments represent only about 1% of Meta’s market value.

Wall Street analysts responded to Salesforce Q2 earnings with a wave of price-target hikes, with Raymond James setting the highest target at $310.

Citi raised its price target to $260, the highest target among the analysts cited.

The biotech firm announced plans to raise $2 billion through convertible notes, which could be increased to $2.3 billion.

During the Nvidia earnings call, CEO Jensen Huang called investments in leading AI companies a “once in a generation opportunity” and said his only “regret” was not investing more and sooner.

Canadian Solar expects third-quarter revenue between $1.3 billion and $1.5 billion, well below Wall Street’s $1.77 billion estimate.

In an interview with CNBC, Dan Ives stated that Palantir and cybersecurity companies such as CrowdStrike could also benefit from broader enterprise adoption of AI.

Deutsche Bank said Ziltivekimab is ‘now effectively out of the picture’ after the cardiovascular disease therapy failed a late-stage trial.