Apple is increasingly focusing on building its own devices and expanding its ecosystem by taking steps towards a more native experience for users and relying less on third-party accessories. While the Cupertino-based tech giant's HomePod and AppleTV have left quite the mark in the smart home category, it generally relies more on outsourcing cameras and other hardware for smart homes. Now, a new report suggests that the company intends to create a fully integrated experience by developing its own smart home accessories. Gurman hints about Apple working on making smart home products like security cameras for a more integrated experience […]
We’re continuing our Best of Black Friday posts today with a look at the best current deals on power stations and their respective bundle options. Folks across the country and beyond have been steadily investing more and more in the industry for a vari...
Blizzard has announced that two decades after its release, World of Warcraft is finally going to let players build a home and live in it. The feature has long been requested by WoW players and now it’s finally coming in the game’s next expansion.Read m...
Guild Wars 2: Janthir Wilds will receive the Godspawn update, adding a new 50-player boss battle, a new 10-player raid, and a legendary spear. Guild Wars 2: Janthir Wilds is getting the first major update "Godspawn" on November 19th, expanding the story with new story chapters The MMORPG Guild Wars 2 by ArenaNet is receiving its first major update for the Janthir Wilds expansion soon. It's the first of three major updates, and it'll land on November 19. The update will add new content to the game for the players. The Janthir Wilds expansion DLC was released in August this year, […]
Like larger rival Intel, chip designer AMD's shares fell in aftermarket trading after the firm managed to beat analyst revenue and EPS estimates for the first quarter by a hairline and met analyst forecasts for the current quarter's revenue. For its first quarter of 2024, AMD earned $5.47 billion in revenue and 62 cents in adjusted earnings per share, which were nearly in line with analyst estimates of $5.46 billion and 61 cents. Its guidance of $5.7 billion in second quarter sales also met analyst estimates, implying to investors that, as of now, the firm is seeing little growth, particularly […]
Elon Musk seems to have pulled off a mini coup d'état of sorts against Tesla's detractors by placating the Chinese politburo into allowing an eventual rollout of the FSD in the world's biggest market for EVs. Yet, the gambit might not entail the kind of windfalls currently being priced in by Tesla bulls. For the benefit of those who might not be aware, Elon Musk paid a surprise visit to China over the weekend to hold talks with Premier Li Qiang. Judging by the fact that Tesla won an in-principal approval for the rollout of its FSD service in the […]
Keeping up with its rapid launch cadence in 2024, SpaceX launched yet another mission earlier today from Florida as part of a busy weekend with a Starlink launch due for tomorrow. Today's launch was a rare one for SpaceX since it saw the firm not only fly a Falcon 9 rocket booster for the 20th time but also discard the rocket due to mission requirements. The Falcon 9 uses nine Merlin 1D engines to generate thrust, and missions that fly higher, faster or further downrange than typical missions sometimes see the rocket use all of its fuel to meet the […]
With April nearly over, SpaceX's highly anticipated fourth Starship test flight remains on schedule for a May test attempt, according to comments made by a NASA official earlier today. NASA and SpaceX are working together to ensure that Starship, the world's largest rocket, can support the agency's multi billion dollar effort to explore the Moon under the Artemis program. On this front, NASA's deputy associate administrator for the Moon to Mars program, Amit Kshatriya, shared the latest details for Starship at an Advisory Council meeting held earlier today, where he outlined that the fourth Starship test flight is currently scheduled […]
With Bernstein analysts calling on their clients to abandon Intel until at least 2030, the erstwhile behemoth in the chipmaking sphere is at a cyclical nadir and is expected to remain there for the next few years as it continues to lose revenue and surrender its margins. Yet, TSMC's immediate reluctance to adopt the latest lithography tech opens a narrow window for Intel to regain its lost glory. Intel intends to experiment with High-NA Extreme Ultraviolet (EUV) lithography within the parameters of its upcoming 18A (1.8 nm) process node before formally incorporating it into its 14A (1.4 nm) manufacturing process. […]
Ahead of the fourth Starship test flight that will see SpaceX launch the world's biggest rocket for the fourth time in Texas, billionaire investor Ron Baron has shared his take on when the firm might go public. SpaceX is one of the most valuable companies in the world, and over the course of the years, multiple rumors and reports have speculated about a potential initial public offering of its share. SpaceX chief Elon Musk has insisted multiple times that an IPO is risky as public companies are subject to extreme share price swings. According to Baron, his firm, Baron Capital […]
Ahead of the historic first test flight of Boeing's Starliner spacecraft for its Commercial Crew Program (CCP) NASA gave the go ahead for the ship's first crewed flight to space earlier today. Starliner and SpaceX's Crew Dragon were contracted by NASA at the same time for the CCP program, and since then, while SpaceX has secured additional NASA contracts for launches to the International Space Station (ISS), Starliner has lagged and faced multiple delays. NASA's latest go ahead appears to mark the end of this period, and the ship is now ready to launch into space next month if last […]
Intel has now announced its earnings for the first quarter of 2024, posting mixed results relative to the consensus expectations. Intel (NASDAQ: INTC) Earnings Release for the First Quarter of 2024 For the three months that ended on the 31st of March, 2024, Intel reported $12.724 billion in non-GAAP revenue, exceeding consensus expectations of $12.71 billion. Here is the actual performance of Intel's business segments in Q1 2023: If you find charts confusing, here is an alternate view of Intel's segmental revenue: Do note that Intel has changed the way it reports its earnings. Now, the revenue from CCG, DCAI, […]
Tesla's AI training compute capacity increased by 130 percent in Q1 2024 alone. However, if Elon Musk's ambitions pan out, this capacity is heading for a nearly 500 percent increase through 2024. This is not accurate. Tesla would be second highest and X/xAI would be third if measured correctly. — Elon Musk (@elonmusk) April 8, 2024 We noted in a previous post that Tesla likely owns between 30,000 and 350,000 units of NVIDIA's H100 GPUs, based on Elon Musk's comments in the above X post. Today, as part of its Q1 2024 earnings deck, Tesla revealed that its AI training […]
Ahead of the fourth test flight of its Starship rocket, SpaceX has started to work with NASA to develop a cargo variant of the Starshiup HLS lunar lander. SpaceX was awarded a multi-billion dollar contract by NASA to land the first crew on the Moon since the Apollo program and develop cargo variants of its landers. The NASA contract option for these landers was exercised last year, and in a recent update, the space agency shared key capacity and other details for SpaceX and Blue Origin's cargo landers that will fly to the Moon after the first landing takes place […]
Against a growing confluence of headwinds, including an erratic pricing strategy, the fate of the margin-critical Model 2, a growing dampener on global demand for EVs, and discord over a gigantic compensation package for its CEO, Tesla might well report its worst quarterly earnings in 7 years later today. Tesla (NASDAQ: TSLA) Q1 2024 Earnings This forwards my $TSLA estimates vs. consensus for 1Q earnings tomorrow. Non-GAAP EPS for Q1 2024:• $0.52 my estimate • $0.51 analyst consensus Bloomberg Auto gross margin excl. reg credits:• 15.4% my estimate (vs 17.2% in Q4 2023) and vs 15.9% consensus The swing #s… […]
Perhaps in a bid to secure Donald Trump's performance award or to divert attention away from its poor fundamentals, Trump Media and Technology Group (NASDAQ: DJT) has remained laser-focused on the issue of "naked" short-selling of its shares over the past few days. Now, the embattled company has come up with a 3-step plan to combat what it sees as the artificial depression of its share price. The Back and Forth Between Trump Media and Technology Group (DJT) and Citadel On the 17th of April, Trump Media and Technology Group published a comprehensive list of FAQs to address investor concerns, […]
Like larger rival Intel, chip designer AMD's shares fell in aftermarket trading after the firm managed to beat analyst revenue and EPS estimates for the first quarter by a hairline and met analyst forecasts for the current quarter's revenue. For its first quarter of 2024, AMD earned $5.47 billion in revenue and 62 cents in adjusted earnings per share, which were nearly in line with analyst estimates of $5.46 billion and 61 cents. Its guidance of $5.7 billion in second quarter sales also met analyst estimates, implying to investors that, as of now, the firm is seeing little growth, particularly […]
Elon Musk seems to have pulled off a mini coup d'état of sorts against Tesla's detractors by placating the Chinese politburo into allowing an eventual rollout of the FSD in the world's biggest market for EVs. Yet, the gambit might not entail the kind of windfalls currently being priced in by Tesla bulls. For the benefit of those who might not be aware, Elon Musk paid a surprise visit to China over the weekend to hold talks with Premier Li Qiang. Judging by the fact that Tesla won an in-principal approval for the rollout of its FSD service in the […]
Keeping up with its rapid launch cadence in 2024, SpaceX launched yet another mission earlier today from Florida as part of a busy weekend with a Starlink launch due for tomorrow. Today's launch was a rare one for SpaceX since it saw the firm not only fly a Falcon 9 rocket booster for the 20th time but also discard the rocket due to mission requirements. The Falcon 9 uses nine Merlin 1D engines to generate thrust, and missions that fly higher, faster or further downrange than typical missions sometimes see the rocket use all of its fuel to meet the […]
With April nearly over, SpaceX's highly anticipated fourth Starship test flight remains on schedule for a May test attempt, according to comments made by a NASA official earlier today. NASA and SpaceX are working together to ensure that Starship, the world's largest rocket, can support the agency's multi billion dollar effort to explore the Moon under the Artemis program. On this front, NASA's deputy associate administrator for the Moon to Mars program, Amit Kshatriya, shared the latest details for Starship at an Advisory Council meeting held earlier today, where he outlined that the fourth Starship test flight is currently scheduled […]
With Bernstein analysts calling on their clients to abandon Intel until at least 2030, the erstwhile behemoth in the chipmaking sphere is at a cyclical nadir and is expected to remain there for the next few years as it continues to lose revenue and surrender its margins. Yet, TSMC's immediate reluctance to adopt the latest lithography tech opens a narrow window for Intel to regain its lost glory. Intel intends to experiment with High-NA Extreme Ultraviolet (EUV) lithography within the parameters of its upcoming 18A (1.8 nm) process node before formally incorporating it into its 14A (1.4 nm) manufacturing process. […]
Ahead of the fourth Starship test flight that will see SpaceX launch the world's biggest rocket for the fourth time in Texas, billionaire investor Ron Baron has shared his take on when the firm might go public. SpaceX is one of the most valuable companies in the world, and over the course of the years, multiple rumors and reports have speculated about a potential initial public offering of its share. SpaceX chief Elon Musk has insisted multiple times that an IPO is risky as public companies are subject to extreme share price swings. According to Baron, his firm, Baron Capital […]
Ahead of the historic first test flight of Boeing's Starliner spacecraft for its Commercial Crew Program (CCP) NASA gave the go ahead for the ship's first crewed flight to space earlier today. Starliner and SpaceX's Crew Dragon were contracted by NASA at the same time for the CCP program, and since then, while SpaceX has secured additional NASA contracts for launches to the International Space Station (ISS), Starliner has lagged and faced multiple delays. NASA's latest go ahead appears to mark the end of this period, and the ship is now ready to launch into space next month if last […]
Intel has now announced its earnings for the first quarter of 2024, posting mixed results relative to the consensus expectations. Intel (NASDAQ: INTC) Earnings Release for the First Quarter of 2024 For the three months that ended on the 31st of March, 2024, Intel reported $12.724 billion in non-GAAP revenue, exceeding consensus expectations of $12.71 billion. Here is the actual performance of Intel's business segments in Q1 2023: If you find charts confusing, here is an alternate view of Intel's segmental revenue: Do note that Intel has changed the way it reports its earnings. Now, the revenue from CCG, DCAI, […]
Tesla's AI training compute capacity increased by 130 percent in Q1 2024 alone. However, if Elon Musk's ambitions pan out, this capacity is heading for a nearly 500 percent increase through 2024. This is not accurate. Tesla would be second highest and X/xAI would be third if measured correctly. — Elon Musk (@elonmusk) April 8, 2024 We noted in a previous post that Tesla likely owns between 30,000 and 350,000 units of NVIDIA's H100 GPUs, based on Elon Musk's comments in the above X post. Today, as part of its Q1 2024 earnings deck, Tesla revealed that its AI training […]
Ahead of the fourth test flight of its Starship rocket, SpaceX has started to work with NASA to develop a cargo variant of the Starshiup HLS lunar lander. SpaceX was awarded a multi-billion dollar contract by NASA to land the first crew on the Moon since the Apollo program and develop cargo variants of its landers. The NASA contract option for these landers was exercised last year, and in a recent update, the space agency shared key capacity and other details for SpaceX and Blue Origin's cargo landers that will fly to the Moon after the first landing takes place […]
Against a growing confluence of headwinds, including an erratic pricing strategy, the fate of the margin-critical Model 2, a growing dampener on global demand for EVs, and discord over a gigantic compensation package for its CEO, Tesla might well report its worst quarterly earnings in 7 years later today. Tesla (NASDAQ: TSLA) Q1 2024 Earnings This forwards my $TSLA estimates vs. consensus for 1Q earnings tomorrow. Non-GAAP EPS for Q1 2024:• $0.52 my estimate • $0.51 analyst consensus Bloomberg Auto gross margin excl. reg credits:• 15.4% my estimate (vs 17.2% in Q4 2023) and vs 15.9% consensus The swing #s… […]
Perhaps in a bid to secure Donald Trump's performance award or to divert attention away from its poor fundamentals, Trump Media and Technology Group (NASDAQ: DJT) has remained laser-focused on the issue of "naked" short-selling of its shares over the past few days. Now, the embattled company has come up with a 3-step plan to combat what it sees as the artificial depression of its share price. The Back and Forth Between Trump Media and Technology Group (DJT) and Citadel On the 17th of April, Trump Media and Technology Group published a comprehensive list of FAQs to address investor concerns, […]