Core Viewpoint - Tesla Inc. is unlikely to achieve Level 4 and Level 5 autonomy without addressing existing hardware issues, as stated by Ross Gerber, co-founder of Gerber Kawasaki [1][2]. Group 1: Hardware and Software Issues - Ross Gerber criticized Tesla CEO Elon Musk for focusing on software improvements while neglecting necessary hardware fixes, questioning the effectiveness of software alone in resolving Tesla's Full Self-Driving (FSD) challenges [2][3]. - Gerber expressed frustration over the slow progress of Tesla's autonomous driving system, questioning why FSD has not met its promised capabilities after years of development [3]. Group 2: FSD System Definition and Legal Challenges - Tesla has revised the definition of its FSD system, clarifying that it does not provide full autonomous capabilities and requires human supervision at all times [4][5]. - The company is facing lawsuits from investors and customers regarding alleged misrepresentations of the FSD system's capabilities and safety [6]. Group 3: Robotaxi Expansion and App Launch - Tesla has expanded its Robotaxi service in Austin, now operating on highways, with safety operators moved to the driver's seat [7]. - The Robotaxi app has been launched on the Apple App Store, quickly gaining popularity, although users must join a waitlist to access the service [7].

Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.Gemini Potentially Worth Over $3.2 BillionThe company, founded by billionaire twin brothers Cameron and Tyler Winklevoss, sold approximately 15.178 million shares at $28 each. This exceeded the initially projected range of $24 to $26 per share. This values the company, listed as Gemini Space Station in SEC filings, at $3.32 billion on ...

Core Insights - Alibaba Group's stock surged 6.35% to HK$152.40 ($19.58), marking an impressive 83.95% year-to-date gain, driven by positive investor sentiment towards its AI expansion strategy and a $3.2 billion fundraising effort [1] Investment in AI - Alibaba announced a significant investment of 380 billion yuan ($53 billion) over three years in artificial intelligence and related technologies, contributing to growth momentum [2] - The Cloud Intelligence Group reported a 26% revenue growth to $4.66 billion in the latest quarter, showcasing strong performance [2] Fundraising and Technology Upgrades - The company raised $3.2 billion through zero-coupon convertible bonds, with nearly 80% of the proceeds allocated for data center expansion and technology upgrades [3] - The senior note is set to mature on September 15, 2032, and will convert into U.S.-listed shares [3] Chip Development - Alibaba has begun utilizing internally designed chips for training AI models, reducing its reliance on Nvidia processors, with reports indicating deployment of these chips for smaller AI models since early 2025 [3] - The company's AI chip is reportedly competitive with Nvidia's H20, marking a significant advancement in China's AI sector [4] Cloud Market Position - China's cloud infrastructure spending increased by 16% year-over-year to $11.6 billion in Q1 2025, with projections indicating growth from $40 billion in 2024 to $46 billion in 2025 [5] - Alibaba Cloud holds a dominant 33% market share, surpassing Huawei Cloud's 18% and Tencent Cloud's 10% [5]

Warner Bros. Discovery Inc. WBD stock is surging on Friday.Check out the current price of WBD stock here. Record-Breaking RallyThe entertainment giant had its biggest one-day stock jump ever on Thursday, soaring 28.95%. The stock continued to rise after the market closed, gaining another 9.77% to reach $17.75. The surge followed news that Paramount Skydance Corp. PSKY is preparing an all-cash offer to acquire the company.Potential Acquisition DetailsParamount Skydance is reportedly working with investment b ...

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Tempus AI Inc. (Pre-Reincorporation)TEM, Bullish BLSH, Amazon.com Inc. AMZN, and Figma Inc. FIG.The Tempus AI TradeArk Invest made a notable move by selling shares of Tempus AI across its ARK Genomic Revolution ETF ARKG and ARK Innovation ETF ARKK. The sale involved 8,864 shares in ARKG and 49,765 shares in ARKK. With a closing price of $88.78 on Thursday, the total value of the shares sold amounted to approximately $5.2 million. ...

All major U.S. stock indices, including the S&P 500 and Nasdaq 100, soared to new heights on Thursday. Investors flocked to riskier assets, driven by expectations of imminent interest rate cuts. Despite concerning economic indicators like rising inflation and increased jobless claims, market participants anticipate the Federal Reserve will focus on stabilizing the labor market. The S&P 500 gained 0.85% to close at 6,587.47, the Nasdaq advanced 0.72% to 22,043.07, and the Dow Jones Industrial Average surged ...

Core Viewpoint - Paramount Skydance Corp. is reportedly preparing a potential all-cash bid for Warner Bros. Discovery, Inc., which could arrive as soon as next week, leading to significant stock price movements for both companies [1][2][4]. Group 1: Potential Bid Details - Warner Bros. Discovery has not yet received a formal proposal, but sources indicate an offer could be imminent [2]. - The bid from Paramount Skydance would require purchasing Warner Bros. Discovery outright before its planned split of global television business from studios and streaming operations, expected by April 2026 [3]. Group 2: Market Reaction - Following the news of the potential takeover, Warner Bros. Discovery's stock surged over 28%, closing at $16.15, marking its largest single-day gain ever [4]. - Paramount Skydance's shares also increased by approximately 15% in response to the news [4]. Group 3: Strategic Implications - A merger would combine significant assets from both companies, with Paramount Skydance owning CBS, Nickelodeon, MTV, BET, and Paramount+, while Warner Bros. Discovery controls CNN, TNT, HBO, HBO Max, and Warner Bros. studios [5]. - Both companies hold major sports rights, including NFL, MLB, and college sports, positioning the combined entity as a major entertainment powerhouse [6]. Group 4: Background on Paramount Skydance - Paramount Skydance was formed through an $8 billion merger finalized in August, backed by RedBird Capital Partners and led by CEO David Ellison [6].

In the current session, the stock is trading at $67.40, after a 2.73% spike. Over the past month, Carlyle Group Inc. CG stock increased by 3.84%, and in the past year, by 68.29%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Carlyle Group P/E Compared to CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market da ...

Rent The Runway, Inc. RENT stock plunged after the released its second-quarter results after Thursday's closing bell. Here's a look at the details in the report. RENT stock is plunging. See the real-time price action here.The Details: Rent the Runway reported wider-than-expected quarterly losses of $6.55 per share, compared to the analyst estimate for losses of $5.48. Quarterly revenue came in at $80.9 million which beat the $75.5 million analyst estimate. Read Next: Opendoor Returns To ‘FounderMode’—Stock ...

Robinhood Markets, Inc. HOOD reported select August operating data after Thursday’s closing bell. Here’s a look at the monthly figures. HOOD stock is up 14% this week. See the chart here. HOOD August 2025 Operating DataRead Next: Opendoor Returns To ‘FounderMode’—Stock SoarsFunded Customers at the end of August were 26.7 million, down approximately 10,000 from July 2025 and up approximately 2.4 million year-over-year. Total Platform Assets at the end of August were $304 billion, up 2% from the end of July 2 ...