Elon Musk urged OpenAI cofounders Greg Brockman and Sam Altman to settle their legal dispute just before a high-profile trial, warning them they would become "the most hated men in America" if they refused. Musk alleges OpenAI violated its non-profit mission and misused funds, claims OpenAI calls baseless. OpenAI's legal team argues Musk's aggressive texts show he aims to harm a competitor rather than seek justice. Musk testified for three days, expressing regret over trusting Altman, while the court scrutinizes his motives in the ongoing lawsuit.
Wall Street strategists remain optimistic about U.S. stocks, with S&P 500 year-end targets ranging from 7,000 to 8,250, averaging a modest 3% gain from current levels. Bitcoin surged above $63,000, boosted by a favorable macroeconomic environment and...
SpaceX's IPO quiet period ends this week, allowing analysts to publish ratings as the stock joins the Nasdaq 100. Options trading shows strong bullish sentiment, with calls at $180 and $190 implying an 11-17% upside. PepsiCo reports earnings amid mix...
Michael Burry, known for predicting the 2008 housing crash, has initiated a short position on Micron, arguing the stock is overvalued after a 209% rally this year. He highlights Micron's history of severe price drops, weak profitability metrics, and ...
Five Wall Street analysts reaffirmed their mostly bullish stance on Tesla stock for the next 12 months, with price targets ranging from $400 to $475. Despite some maintaining 'Hold' ratings, the outlook is supported by Tesla's strong Q2 production an...
Amazon is advancing its AI efforts by developing new generations of screenless, AI-enabled devices centered around an upgraded Alexa assistant called Alexa+. This assistant aims to be more contextual and integrated into daily life, moving away from t...
