To The Moon

That seems even more unlikely.A person charging a Tesla.Can we bank on the Optimus Robot?Elon Musk's optimism for Tesla at the moment comes from the potential of the Tesla Optimus Robot, a humanoid robot the company is developing. He believes that if these robots have artificial intelligence software and can perform physical tasks for humans, there is a market for $10 trillion in revenue selling 100 million bots for $100,000 apiece. That is not a typo.While $10 trillion in revenue sounds exciti

White House: Amazon Announcement Was Hostile

Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the

Apple Chief Executive Tim Cook made more than $74.6 million in 2024, a bump from the previous year.Cook's base salary of $3 million has remained unchanged in the past three years, but his total compensation increased 18% in 2023, the technology giant said in a proxy statement Friday.Cook earned $58.1 million in stock awards, $12 million in non-equity incentive plan compensation and $1.5 million in other compensation.Apple's compensation committee decided to increase the target value of Cook's equity award to $50 million from $40 million because Cook's 2023 pay would have been near the low end compared with benchmark data about peer CEOs' pay, the company said in the filing.Senior vice presidents Luca Maestri, Kate Adams and Deirdre O'Brien all received the exact same total compensation of $27,179,257. Chief Operating Officer Jeff Williams, meanwhile, received a slightly smaller pay package; his total compensation was listed as $27,177,812.

Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday's close. Shares are down 74% this year.The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts,

Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were s

Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro,

The company is gambling that customers won't cancel.