Tesla's Dojo supercomputer could potentially increase the company's market value by up to $500 billion by accelerating the adoption of robotaxis and network services, according to Morgan Stanley analysts, with the supercomputer potentially giving Tesla an advantage in an estimated $10 trillion market.
Shares of Adani Enterprises and its subsidiaries, including Adani Green Energy and Adani Ports, fell following allegations by the Organized Crime and Corruption Reporting Project that hundreds of millions of dollars were secretly invested into Adani Group stocks via "opaque" funds in Mauritius.
The biggest tech monopoly trial in decades, where the US Department of Justice and state attorneys general will argue that Google violated anti-monopoly law through exclusive agreements, begins on Tuesday.
Mortgage rates have slightly decreased from their peak in late August, but future trends will depend on the economy and inflation rates, with potential decreases if inflation slows and the Federal Reserve stops increasing its benchmark rate.
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The US has expanded export restrictions on Nvidia's artificial intelligence chips, impacting countries in the Middle East and escalating efforts to curtail China's AI capabilities.
Disney and Spectrum have reached a new carriage deal, allowing Spectrum cable subscribers access to ESPN, ABC stations, FX, and Disney Channel once again.
J.M. Smucker is acquiring Hostess Brands, the maker of Twinkies and other sugary treats, in a $5.6 billion deal, beating out several big rivals in the process.
Microsoft is unbundling its chat and video app Teams from its Office product and making it easier for competing products to work with its software in an attempt to address European Commission concerns, but rivals argue that it may not be enough to avoid a potential EU antitrust fine.
U.S. stocks opened higher on Monday, as major benchmarks attempt to extend Friday's gains, despite worries over rising Treasury yields and oil prices.
Mortgage rates have experienced minor fluctuations, with 30-year fixed rates increasing slightly while 15-year fixed rates remained unchanged and 5/1 adjustable rates stayed steady, influenced by factors such as inflation and the Federal Reserve's interest rate hikes.
The Maui fires were likely caused by bare, uninsulated metal wires and deteriorating power poles that failed to meet safety standards, despite warnings and a recent push by utilities in other fire-prone areas to cover or bury their lines.
Chinese tech firms Baidu and SenseTime have launched their AI bots, ERNIE Bot and SenseChat, to the public, marking a milestone in the global AI race and boosting their stock prices.
A pet dog lost at Atlanta's airport for three weeks after escaping from her kennel has been found safe and is expected to return home soon.
US Energy Secretary Jennifer Granholm's staff blocked a public EV charger with a gasoline car, prompting a family to call the police, during Granholm's road trip to highlight the White House's investment in electric vehicles.
Swiss banking giant UBS plans to reduce its workforce by around 3,000 jobs, or 8% of staff, in Switzerland as part of a cost-cutting program following its acquisition of Credit Suisse, amid controversy over the deal.
A newly discovered lithium deposit along the Nevada-Oregon border could hold up to 40 million metric tons of the metal, potentially impacting the electric vehicle industry and global lithium markets.
New regulations in New York City have forced Airbnb to stop accepting certain reservations, as hosts must now register with the city and be physically present during the rental, limiting the number of guests and effectively barring families from using the platform.
A U.S. judge has rejected Burger King's attempt to dismiss a lawsuit claiming that it deceived customers by making its Whopper sandwich appear larger than it actually is.
US Steel Corp. is reviewing takeover proposals from multiple parties, including a rejected offer from domestic rival Cleveland-Cliffs Inc., and a higher, all-cash proposal from steel distributor Esmark Inc., which has since withdrawn its pursuit due to the United Steelworkers union's support for Cliffs.
BlackRock, the leading money manager, has scaled back its support for ESG shareholder demands, recognizing that many proposals were overreaching, lacking economic merit, or redundant, and highlighting the excesses and politicization of the ESG movement.
Instacart has set a proposed price range for its IPO, aiming to sell shares between $26 and $28 per share, with a valuation range of $7.2 billion to $7.8 billion and a fully diluted market cap potential of between $8.6 billion and $9.3 billion.
The American Red Cross has attributed the critically low blood supply in the United States to worsening climate-related disasters, with the national supply falling nearly 25 percent since early August, exacerbated by Hurricane Idalia causing a loss of over 700 units of blood and platelets.
European Union countries have increased their imports of liquefied natural gas (LNG) from Russia, contradicting the EU's goal of reducing reliance on Russian fossil fuels, according to a report by campaign group Global Witness.
Kroger and Albertsons plan to sell 413 grocery stores across 17 states and the District of Columbia for $1.9 billion to create a clear path for their merger and compete with Walmart and Amazon.
About 146,000 U.S. auto workers are set to go on strike this week, demanding big pay raises and the restoration of previous concessions made during financial troubles, which could cause significant disruptions for auto production in the United States.
Tyson Foods is closing six chicken processing sites in Missouri, Indiana, Arkansas, and Virginia, resulting in over 4,600 job layoffs, highlighting the economic challenges faced by small communities when industrial employers shutter operations.
The Powerball jackpot has reached $522 million after no winning ticket was matched in the recent drawing.
Microsoft-backed OpenAI's announcement of ChatGPT Enterprise is discussed, exploring its potential impact on Palantir and whether it could pose a threat to the company.
Canadian company Telesat has chosen SpaceX to launch 14 Falcon 9 rockets carrying its Lightspeed satellites to provide global broadband connectivity beginning in 2026, marking a change in direction for Telesat which had previously announced launch contracts with Blue Origin and Relativity Space.
The biography "Elon Musk" by Walter Isaacson explores the life and achievements of the Tesla and SpaceX CEO, but fails to address controversial aspects such as his experiences with apartheid and allegations of discrimination, resulting in a one-sided portrayal of Musk as a visionary hero.
A Washington company has issued a recall of frozen vegetables due to potential health risks, according to the FDA.
Goldman Sachs, JPMorgan Chase, Morgan Stanley, and UBS have agreed to pay $499 million to settle an antitrust lawsuit accusing them of conspiring to stifle competition in the stock lending market.
Southwest Airlines has started limiting the number of EarlyBird check-in spots that passengers can purchase on select flights, routes, and times, as part of the airline's efforts to modernize the customer experience and strengthen their customer base.
Major opioid manufacturer Mallinckrodt Pharmaceuticals will reduce its settlement payments to victims of the opioid crisis by $1 billion through a bankruptcy plan, cutting the amount promised from $1.7 billion to $700 million.
The U.S. Department of Labor has reached a settlement agreement with Dollar Tree and Family Dollar to improve workplace safety in their stores nationwide, requiring them to conduct assessments and make operational changes to address violations cited by OSHA within a two-year period.
Semiconductor chip company Arm has filed for an IPO on the Nasdaq, seeking a valuation of up to $70 billion, but faces risks and potential headwinds due to financial challenges and geopolitical tensions with China.
Chicago has filed a lawsuit against Kia and Hyundai, claiming that the automakers failed to equip cars sold in the US with anti-theft technology, contributing to a surge in car thefts fueled by a viral trend showing how easy it was to steal their vehicles.
The government of Maui County, Hawaii, has filed a lawsuit against Hawaiian Electric Company (HECO) and its subsidiaries, claiming that their failure to power down live electrical equipment and maintain the power grid caused the catastrophic wildfires on the island, contradicting Democratic claims that the fires were caused by climate change.
The US Attorney's Office and the SEC are investigating Tesla's "Project 42" glass house project, seeking information on the company's spending and personal benefits enjoyed by CEO Elon Musk, while also facing inquiries over the driving range of its vehicles.
JetBlue Airways has agreed to sell all of Spirit Airlines' assets at Boston and Newark Liberty airports to Allegiant as part of its efforts to gain approval for its merger with Spirit.
Dollar General cuts annual forecasts and misses profit and sales expectations due to weaker store traffic and increased sales of low-margin essentials, resulting in a 17% drop in its shares; the company has fallen short of earnings expectations for four consecutive quarters and cites heavy competition and high inflation as factors.