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Stocks making the biggest moves premarket: Nvidia, Apple, Kellanova and more
Finance

Stocks making the biggest moves premarket: Nvidia, Apple, Kellanova and more

Check out the companies making headlines before the bell. Chip stocks — Nvidia shares fell roughly 12.5% in premarket trading as the artificial intelligence trade continues to unwind, dragging down once-hot semiconductor plays. Broadcom slipped about 9%, while Super Micro Computer and Arm Holdings shed more than 12% each, meanwhile. Apple – Apple shares sank […]

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Elon Musk PAC being investigated by Michigan secretary of state for potential violations
Politics

Elon Musk PAC being investigated by Michigan secretary of state for potential violations

Elon Musk, CEO of SpaceX and Tesla, applauds as Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress at the U.S. Capitol in Washington, U.S., July 24, 2024.  Craig Hudson | Reuters A political action committee backed by billionaire Elon Musk is under investigation in Michigan amid efforts to collect voter data. Musk, […]

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How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
Politics

How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters If a voter in Michigan performs a search on Google, a somewhat shocking ad might pop up. […]

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Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options
World

Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options

A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li […]

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Putin’s Trader: How Russian hackers stole millions from U.S. investors
World

Putin’s Trader: How Russian hackers stole millions from U.S. investors

WASHINGTON — The White House announced a massive, multinational prisoner swap Thursday between the United States, Russia and other nations. As part of the historic deal, the Russian government released high-profile Americans held in captivity there, including Wall Street Journal reporter Evan Gershkovich, who had been in a Russian prison for more than a year.  […]

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Kamala Harris gets support of more than 100 VCs and tech execs in online pledge
Technology

Kamala Harris gets support of more than 100 VCs and tech execs in online pledge

U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convocation Center in Atlanta on July 30, 2024. Elijah Nouvelage | AFP | Getty Images After Donald Trump, the Republican nominee for president, gained the vocal support of a slice of the tech investing world, a large group of venture capitalists […]

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Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
Technology

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company’s electric cars, […]

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Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
Technology

Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI

BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving […]

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Apple says its AI models were trained on Google’s custom chips
Technology

Apple says its AI models were trained on Google’s custom chips

Sundar Pichai and Tim Cook Source: Reuters; Apple Apple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia when it comes to the training of cutting-edge AI. Apple’s choice of Google’s […]

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Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald’s, On Semiconductor and more
World

Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald’s, On Semiconductor and more

Check out the companies making headlines in midday trading: McDonald’s — McDonald’s shares jumped more than 4% even after the fast-food giant posted quarterly earnings and revenue that fell short of Wall Street’s estimates. The company also reported a decline in same-store sales. Revvity — The life sciences company advanced 6% after posting a second-quarter […]

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