OpenAI announced it will stop providing AI models to Cursor, a coding tool company recently acquired by SpaceX, owned by Elon Musk. This move intensifies the ongoing conflict between OpenAI CEO Sam Altman and Musk, who have clashed over control and trust issues. OpenAI cited contract violations by Musk's companies as the reason for the termination, setting a shutdown date of November 12. Meanwhile, Cursor and SpaceX are in talks with OpenAI to resolve the issue, and rival AI firm Anthropic plans to support Cursor with its own AI models.
The August jobs report is crucial for the Federal Reserve's decision on a potential September rate hike, with strong labor data increasing the odds. Broadcom faces downside risk ahead of earnings due to high AI expectations, while Apple transitions t...
Meta is experimenting with robots in its data centers to automate tasks like swapping cables and rebooting servers, potentially replacing up to 80% of technician workloads. This move reflects a broader trend where AI and automation are cutting jobs i...
Tesla's stock price fell sharply after its Fiscal Q2 2026 earnings report, as investors focused on near-term profit margins. However, this short-term view overlooks Tesla's significant long-term value driven by its advancements in autonomous technolo...
Tesla's stock is down 23% this year but shows promise with the expansion of its Robotaxi service to seven US metros, the start of Cybercab production, and installation of Optimus manufacturing lines. Q2 2026 revenue rose 25.5% to $28.24 billion, thou...
Rivian's stock fell 6% following the announcement that CFO Claire McDonough will resign by the end of October to join GE Vernova. This departure comes at a critical time as Rivian ramps up production of its R2 SUV, causing investor concern over leade...
