Agility Robotics is launching a 60,000-square-foot training facility in Fremont, California, to enhance its humanoid robot Digit's capabilities for real-world use in manufacturing and logistics. Unlike Tesla's Optimus, which is still in development, Digit is already operational and generating revenue with clients like Amazon and Toyota. The company has secured $300 million in contracts and plans to go public later this year through a reverse merger. Agility focuses on practical autonomy and safety, aiming to expand Digit's skills for industrial tasks rather than consumer use, positioning itself as a leader in commercial humanoid robots.
US stock markets closed lower Friday, with the Dow down 380 points and the S&P 500 and Nasdaq dropping 1% and 1.4%, respectively, ending a losing week. Chipmaker shares plunged due to rising concerns over China's rapid AI advancements, highlighted by...
TappAlpha launched the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), combining ten major US tech and growth stocks with a daily covered-call options strategy to generate monthly income. The fund includes big names like NVIDIA, Micro...
Tesla is gaining investor attention as it expands its robotaxi service to five markets, with rapid fleet growth in Texas and competitive pricing against rivals. The company reported Q2 vehicle deliveries of about 480,000, surpassing estimates and inc...
Capital Group Growth ETF (CGGR) focuses on concentrated megacap stocks like Meta, Tesla, Nvidia, and Broadcom with a low expense ratio of 0.39%. Despite strong performance from these holdings, CGGR returned about 11% over the past year, underperformi...
Tesla, SpaceX, and Meta are experiencing early pre-market declines due to geopolitical risks from the Middle East conflict and cautious investor sentiment ahead of earnings reports. Tesla is nearing a key support level at $383 before its earnings nex...
