Tesla shares surged more than 5% after Elon Musk confirming Tesla AI Day will be on August 19.Tesla CEO Elon Musk confirmed via tweet on Thursday that the company is holding an AI Day on Aug. 19.While the company did not provide details of the artificial intelligence event, Musk said in a June 21 tweet that the event "will go over progress with Tesla AI software & hardware, both training & inference" and that its purpose is recruiting.The focus of the AI event is likely to be around Tesla's self
Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown
Supply constraints and foreign exchange expected to drive lower growth rate in September quarter. Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.Apple's $$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive s