It’s helping both of their stocks. Tesla plans to launch a self-driving robotaxi service at the end of 2025. Alphabet’s self-driving robotaxi company Waymo already operates in four cities—Phoenix, Los Angeles,
Tesla emphasised its confidence in the future of artificial intelligence and full self-driving (FSD) technology, despite reporting a more than 70 per cent drop in net profit last quarter and revenue falling short of analysts' expectations.
Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while Amazon's was marginally lower.
Elon Musk said there is a path for Tesla to become worth more than the next five most valuable companies combined. That’s Apple, Nvidia, Microsoft, Amazon.com, and Alphabet. Their market values total roughly $15 trillion.
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where a
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Boosted by strong demand and company forays into health care and digital transformation of government, Amazon stock moves into buy range.
Tesla CEO Elon Musk says the company will roll out a fleet of autonomous vehicles that will operate as taxis with no driver behind the wheel in Austin, Texas, in June. Hmmm, where have we heard that before?
Waymo plans to start testing autonomous vehicles in 10 new cities this year, starting with Las Vegas and San Diego, according to The Verge. However, this
Alphabet's self-driving unit Waymo announced on Wednesday it plans to expand testing of its autonomous driving technology in over 10 new cities in 2025.
This week's action in the stock market has made clear that the S&P 500 has become a riskier play - despite its status as the benchmark for U.S. large-cap stocks - because it has become a highly concentrated growth index. But there is an easy way to cut this risk while still holding large-cap growth stocks in a low-cost index fund.