Zoox has issued a software recall for its fleet of 105 robotaxis after one vehicle struggled to navigate a smoke-filled emergency fire scene in June. The incident, which involved heavy smoke obscuring the scene, caused the vehicle to brake hard and stop, requiring a teleoperator to reverse it away so first responders could secure the area. No injuries were reported, and Zoox has shipped a software update to address the issue. This recall follows previous ones related to braking and collision incidents, as Zoox expands testing and prepares for a commercial launch pending regulatory approval.
Hyperscale cloud companies like Amazon, Alphabet, Microsoft, and Meta are projected to spend $4.1 trillion on AI-related infrastructure from 2026 to 2028, more than triple the previous six years. UBS estimates these firms will reinvest nearly 100% of...
Nvidia has surpassed Apple in the holdings of every S&P 500 index fund, reflecting a significant change in investment trends within these funds. This shift highlights growing investor confidence in Nvidia's growth potential and the tech sector's evol...
Amazon shares trade at $259.39, below the 24/7 Wall St. price target of $343.50, suggesting a 32.8% upside over the next year. Strong Q2 results show 19.6% revenue growth and 43.2% operating income growth, led by AWS's 37% growth and a $496 billion b...
For investors around 40 with $60,000 invested and 25 years before retirement, three low-cost ETFs—Vanguard Mega Cap Growth (MGK), Schwab U.S. Large-Cap Growth (SCHG), and iShares Core MSCI Total International Stock (IXUS)—provide a balanced growth st...
The Global X NASDAQ-100 Covered Call ETF (QYLD) pays monthly distributions funded by selling call options on the Nasdaq-100, which caps upside gains and causes income to fluctuate. A retiree with $400,000 invested saw her monthly payout drop from ove...
