SpaceX revealed a prototype of a sleek, handset-like AI device to investors, though Elon Musk denied the report as false. The device, reportedly slimmer than an iPhone, aims to run on a proprietary OS integrating technology from Musk's AI company xAI. This move aligns with SpaceX's interest in expanding into wireless services with Starlink Mobile. While the concept is promising, the market for AI devices remains uncertain, with past failures from other companies highlighting the challenge of consumer adoption.
WhiteBIT, Europe's largest crypto exchange by traffic, has introduced TradeFi, a new trading category that allows users to trade traditional financial instruments such as commodities, stocks, and ETFs through perpetual futures contracts within the cr...
Jay Woods, Chief Market Strategist at Freedom Capital Markets, updated his favorite Magnificent Seven stocks mid-2026, replacing Tesla with Nvidia. Woods remains bullish on Alphabet, citing its strong fundamentals and prefers it over Verizon in the D...
Honda has begun producing batteries for energy storage systems after canceling its U.S. EV programs due to weak demand and the end of tax credits. The batteries, initially meant for electric vehicles, will now serve data centers and grid storage, tap...
Tesla is set to report its second-quarter vehicle deliveries, with analysts forecasting sales between 401,000 and 406,024 units, marking up to 5.7% growth from the previous year. This modest increase contrasts with earlier disappointing results in th...
Michael Burry, known for his bearish market bets, shorted Tesla stock at $416.22 after its recent 11% weekly rally to $420.60. Despite Tesla's stock surge, Burry anticipates a long-term decline, citing weakening investor confidence due to falling EV ...
