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Apple Might Launch Its Own Smart Home Camera As It Focuses On Providing A More Integrated Product Experience For Its Users

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 […]

Best of Black Friday 2024 – power stations and bundles: Anker SOLIX, Bluetti, EcoFlow, Jackery

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...

World Of Warcraft Is Finally Getting Player Homes After 20 Years

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...

ArenaNet To Release ‘Godspawn’ Update for Guild Wars 2: Janthir Wilds on November 19, Featuring New 50-Player Titan Battle and More

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, […]

Elon Musk Gives Mega Starship Update – Flight 4 In May, Key NASA Test In 2025

In a major update for the Starship program given this month, SpaceX chief Elon Musk revealed the firm's plans for future rockets, the fourth test flight, Starship test objectives for 2024 and SpaceX's plan to establish a self sustaining society on Mars. SpaceX's third Starship test took to the skies last month, and after it successfully fired the fourth test flight's booster's engines in Texas earlier this week, Musk outlined in his presentation that key test objectives for 2024 will see SpaceX try to catch the first stage at the launch tower. He added that missions to Mars should take […]

If Past Precedents Hold, Tesla Is Likely To Take Over 2 Years To Manufacture the First 1,000 Units of Its Robotaxi After the Unveil...

Tesla needed a phenomenal oomph factor to overcome a veritable volley of negative press in recent days following its first year-over-year decline in quarterly deliveries since the heydays of the pandemic. And Elon Musk seems to have delivered just that by announcing the unveiling date of the much-anticipated Tesla Robotaxi. Investor sentiment in $TSLA has reached its lowest level since before the pandemic. Over the past ~15 years, when sentiment has dropped to similar levels, the stock was up three months later 69% of the time and was up an average of 25%.https://t.co/kNc85VKyOL pic.twitter.com/VYSj1Evo5Q — Earnings Whispers (@eWhispers) April 4, […]

TSMC Keeps 2024 Revenue Guidance Unchanged After Taiwan Earthquake

After a historic earthquake struck Taiwan on the 3rd and led to a production halt at its sites in the country, the Taiwan Semiconductor Manufacturing Company (TSMC) has stressed that within ten hours of the catastrophe, it has recovered 70% of its production capabilities. This figure stretches to 80% for some of TSMC's most advanced factories, such as its Fab 18, and industry observers attribute the rapid recovery to Taiwan's work ethic, a strong and tightly integrated semiconductor supply chain and building designs that ensure machines are not damaged during such events. TSMC Says Up To 70% Of Wafer Fabrication […]

Tesla Nears 52-Week Lows as It Scraps Plans for a Cheaper EV Amid Fierce Chinese Competition [Update: Elon Musk Says Reuters is Lying]

Tesla (NASDAQ: TSLA) seems to have surrendered in front of a veritable onslaught of competition from China, eviscerating a major plank of its medium-term bullish thesis. Now, the EV giant's FSD capabilities and the attendant licensing deals, as well as the lucrative cash stream from the still-non-existent robotaxis, might be the only salvation on the proverbial horizon. We reported in January that Tesla was working to launch an entry-level $25,000 EV, dubbed "Redwood" internally and widely known as the Model 2, by June 2025, with the EV giant going so far as to send requests for price quotes to certain […]

Bernstein Analysts Want You To Forget Intel (INTC) Until At Least 2030

With deteriorating margins and no definitive bottom in sight, is Intel destined to serve as a glorified tax offset for the next few years? This indeed appears to be the case, as per the subtextual gist of a new investment note from Bernstein. Intel's Foundry Strategy Intel detailed its foundry strategy at a dedicated event earlier this week, highlighting a potential path to regaining the edge in chip manufacturing that currently resides with TSMC. Intel's foundry unit intends to improve its margins and win back lost orders by focusing on areas such as chip expedites and test times. TSMC is […]

Toyota Was Dubbed a Doddering Octogenarian When It Refused To Budge Toward EVs and Now Its Dealers Just Captured 29 Percent of the Industry’s...

Sometimes, going against the herd pays off massively. Case in point: Toyota is thriving right now with its hybrids-first strategy, while its competitors, including Tesla, the erstwhile king of the auto space, continue to contend with a challenging demand environment and shrinking margins. Cox Automotive: Toyota Consistently Has the Most Robust Online Shopper Interest, Low Days’ Supply, and Some of the Healthiest Transaction Prices Within Their Competitive Segment Cox Automotive recently published interesting insights into the auto market dynamics in the US, noting: "Toyota and Lexus dealers captured 29% of the industry’s total new car gross margin in February, despite […]

TSMC Fake Share Sales Scam Leads To 8 Years In Jail For Woman

More than a decade after she defrauded three women in a fake share sale scheme, a Taiwanese woman has been sentenced to prison for her crimes earlier today. The woman had defrauded her victims in 2013 and 2014 after falsely claiming to be working for TSMC and Apple's primary manufacturing partner Foxconn to entice them to part with their money for the promise of buying the lucrative stocks for discounted prices. Since then, TSMC's shares, in particular, have grown by quite a bit, and the crime involved the thief stealing millions of Taiwan dollars from her victims. Taiwanese Woman Sentenced […]

By Moving Around $2 Billion Worth of Bitcoin at a Cost of Just $1.48, the US Government Has Inadvertently Advertised the Cryptocurrency’s Efficiency

The US government may have inadvertently unleashed one of the biggest ad campaigns in favor of Bitcoin's use case by moving a portion of its seized BTC stash at a phenomenally attractive cost point. For the benefit of those who might not be aware, before it was shut down by the Feds in 2013, Silk Road had become one of the largest dark web marketplaces in the world, selling contraband items like LSD, heroin, cocaine, and other illegal drugs, while hiding behind the relative anonymity offered by Bitcoin. The marketplace handled $214 million worth of illicit transactions in the three-year […]

Intel Shares Details Of Multi Billion Dollar Plan To Battle With Taiwan’s TSMC

Semiconductor manufacturer Intel Corporation shared details about its Intel Foundry business division earlier today as part of a change in its financial reporting format that now includes the contract manufacturing chip division as a separate line item. Intel and TSMC are locked in a battle to make high end chips for firms such as NVIDIA and Apple, and today's release was accompanied by a talk by Intel CEO Patrick Gelsinger who shared that 2024 is seeing chip manufacturers utilize advanced technologies such as artificial intelligence to use the latest technologies to improve margins and chip quality. Intel Chief Outlines Billions […]

Tesla Suffered a $2 Billion Cash Drain in Q1 2024 Due To Elevated Inventory

Tesla (NASDAQ: TSLA) shares are at a year-to-date nadir today - now down around 33 percent so far this year - after the EV giant missed Wall Street's consensus expectations for quarterly deliveries by the widest margin on record. With analysts now crowning Tesla as the "most hated among the Magnificent 7" grouping of high-flying stocks, the sentiment around the EV giant has undoubtedly hit the proverbial rock bottom. Nonetheless, a more nuanced study of Tesla's quarterly delivery numbers does present a case for cautious optimism. Tesla's Disastrous Quarter As we noted in a separate post earlier today, Tesla has […]

Novo Nordisk’s GLP-1 Weight Loss Drug Wegovy Is Not a Panacea for Obesity

Novo Nordisk (NYSE: NVO) has added billions of dollars in market capitalization over the ongoing craze around the GLP-1 anti-obesity and anti-diabetes drugs. However, the Danish pharma giant's most recognizable weight loss drug, Wegovy, is increasingly looking like a stepping stone instead of the promised panacea for the obesity pandemic. For the benefit of those who might not be aware, the GLP-1 hormone plays an important role in suppressing hunger and regulating the production of insulin and glucose. After a meal, GLP-1 agonists raise the level of insulin, which decreases blood glucose levels. Simultaneously, these drugs reduce the speed at […]

Trump Media and Technology Group’s (DJT) Truth Social Platform Earned Just Over $4 Million in Revenue Last Year, Leading to a Going Concern Warning...

Back in November 2023, Trump Media and Technology Group (NASDAQ: DJT) had blasted several media outlets for launching a "momentous smear campaign," one that involved publishing "utterly fictitious financial results." Just a few months later, Trump's media-focused entity has accepted the veracity of those earlier reports via a new filing with the SEC. For the benefit of those who might not be aware, Trump Media and Technology Group finally managed to close its long-delayed reverse merger with the SPAC Digital World in March, with the shares of the combined company debuting on the Nasdaq exchange last week. Since then, as […]

Tag: Finance

Elon Musk Gives Mega Starship Update – Flight 4 In May, Key NASA Test In 2025

In a major update for the Starship program given this month, SpaceX chief Elon Musk revealed the firm's plans for future rockets, the fourth test flight, Starship test objectives for 2024 and SpaceX's plan to establish a self sustaining society on Mars. SpaceX's third Starship test took to the skies last month, and after it successfully fired the fourth test flight's booster's engines in Texas earlier this week, Musk outlined in his presentation that key test objectives for 2024 will see SpaceX try to catch the first stage at the launch tower. He added that missions to Mars should take […]

If Past Precedents Hold, Tesla Is Likely To Take Over 2 Years To Manufacture the First 1,000 Units of Its Robotaxi After the Unveil...

Tesla needed a phenomenal oomph factor to overcome a veritable volley of negative press in recent days following its first year-over-year decline in quarterly deliveries since the heydays of the pandemic. And Elon Musk seems to have delivered just that by announcing the unveiling date of the much-anticipated Tesla Robotaxi. Investor sentiment in $TSLA has reached its lowest level since before the pandemic. Over the past ~15 years, when sentiment has dropped to similar levels, the stock was up three months later 69% of the time and was up an average of 25%.https://t.co/kNc85VKyOL pic.twitter.com/VYSj1Evo5Q — Earnings Whispers (@eWhispers) April 4, […]

TSMC Keeps 2024 Revenue Guidance Unchanged After Taiwan Earthquake

After a historic earthquake struck Taiwan on the 3rd and led to a production halt at its sites in the country, the Taiwan Semiconductor Manufacturing Company (TSMC) has stressed that within ten hours of the catastrophe, it has recovered 70% of its production capabilities. This figure stretches to 80% for some of TSMC's most advanced factories, such as its Fab 18, and industry observers attribute the rapid recovery to Taiwan's work ethic, a strong and tightly integrated semiconductor supply chain and building designs that ensure machines are not damaged during such events. TSMC Says Up To 70% Of Wafer Fabrication […]

Tesla Nears 52-Week Lows as It Scraps Plans for a Cheaper EV Amid Fierce Chinese Competition [Update: Elon Musk Says Reuters is Lying]

Tesla (NASDAQ: TSLA) seems to have surrendered in front of a veritable onslaught of competition from China, eviscerating a major plank of its medium-term bullish thesis. Now, the EV giant's FSD capabilities and the attendant licensing deals, as well as the lucrative cash stream from the still-non-existent robotaxis, might be the only salvation on the proverbial horizon. We reported in January that Tesla was working to launch an entry-level $25,000 EV, dubbed "Redwood" internally and widely known as the Model 2, by June 2025, with the EV giant going so far as to send requests for price quotes to certain […]

Bernstein Analysts Want You To Forget Intel (INTC) Until At Least 2030

With deteriorating margins and no definitive bottom in sight, is Intel destined to serve as a glorified tax offset for the next few years? This indeed appears to be the case, as per the subtextual gist of a new investment note from Bernstein. Intel's Foundry Strategy Intel detailed its foundry strategy at a dedicated event earlier this week, highlighting a potential path to regaining the edge in chip manufacturing that currently resides with TSMC. Intel's foundry unit intends to improve its margins and win back lost orders by focusing on areas such as chip expedites and test times. TSMC is […]

Toyota Was Dubbed a Doddering Octogenarian When It Refused To Budge Toward EVs and Now Its Dealers Just Captured 29 Percent of the Industry’s...

Sometimes, going against the herd pays off massively. Case in point: Toyota is thriving right now with its hybrids-first strategy, while its competitors, including Tesla, the erstwhile king of the auto space, continue to contend with a challenging demand environment and shrinking margins. Cox Automotive: Toyota Consistently Has the Most Robust Online Shopper Interest, Low Days’ Supply, and Some of the Healthiest Transaction Prices Within Their Competitive Segment Cox Automotive recently published interesting insights into the auto market dynamics in the US, noting: "Toyota and Lexus dealers captured 29% of the industry’s total new car gross margin in February, despite […]

TSMC Fake Share Sales Scam Leads To 8 Years In Jail For Woman

More than a decade after she defrauded three women in a fake share sale scheme, a Taiwanese woman has been sentenced to prison for her crimes earlier today. The woman had defrauded her victims in 2013 and 2014 after falsely claiming to be working for TSMC and Apple's primary manufacturing partner Foxconn to entice them to part with their money for the promise of buying the lucrative stocks for discounted prices. Since then, TSMC's shares, in particular, have grown by quite a bit, and the crime involved the thief stealing millions of Taiwan dollars from her victims. Taiwanese Woman Sentenced […]

By Moving Around $2 Billion Worth of Bitcoin at a Cost of Just $1.48, the US Government Has Inadvertently Advertised the Cryptocurrency’s Efficiency

The US government may have inadvertently unleashed one of the biggest ad campaigns in favor of Bitcoin's use case by moving a portion of its seized BTC stash at a phenomenally attractive cost point. For the benefit of those who might not be aware, before it was shut down by the Feds in 2013, Silk Road had become one of the largest dark web marketplaces in the world, selling contraband items like LSD, heroin, cocaine, and other illegal drugs, while hiding behind the relative anonymity offered by Bitcoin. The marketplace handled $214 million worth of illicit transactions in the three-year […]

Intel Shares Details Of Multi Billion Dollar Plan To Battle With Taiwan’s TSMC

Semiconductor manufacturer Intel Corporation shared details about its Intel Foundry business division earlier today as part of a change in its financial reporting format that now includes the contract manufacturing chip division as a separate line item. Intel and TSMC are locked in a battle to make high end chips for firms such as NVIDIA and Apple, and today's release was accompanied by a talk by Intel CEO Patrick Gelsinger who shared that 2024 is seeing chip manufacturers utilize advanced technologies such as artificial intelligence to use the latest technologies to improve margins and chip quality. Intel Chief Outlines Billions […]

Tesla Suffered a $2 Billion Cash Drain in Q1 2024 Due To Elevated Inventory

Tesla (NASDAQ: TSLA) shares are at a year-to-date nadir today - now down around 33 percent so far this year - after the EV giant missed Wall Street's consensus expectations for quarterly deliveries by the widest margin on record. With analysts now crowning Tesla as the "most hated among the Magnificent 7" grouping of high-flying stocks, the sentiment around the EV giant has undoubtedly hit the proverbial rock bottom. Nonetheless, a more nuanced study of Tesla's quarterly delivery numbers does present a case for cautious optimism. Tesla's Disastrous Quarter As we noted in a separate post earlier today, Tesla has […]

Novo Nordisk’s GLP-1 Weight Loss Drug Wegovy Is Not a Panacea for Obesity

Novo Nordisk (NYSE: NVO) has added billions of dollars in market capitalization over the ongoing craze around the GLP-1 anti-obesity and anti-diabetes drugs. However, the Danish pharma giant's most recognizable weight loss drug, Wegovy, is increasingly looking like a stepping stone instead of the promised panacea for the obesity pandemic. For the benefit of those who might not be aware, the GLP-1 hormone plays an important role in suppressing hunger and regulating the production of insulin and glucose. After a meal, GLP-1 agonists raise the level of insulin, which decreases blood glucose levels. Simultaneously, these drugs reduce the speed at […]

Trump Media and Technology Group’s (DJT) Truth Social Platform Earned Just Over $4 Million in Revenue Last Year, Leading to a Going Concern Warning...

Back in November 2023, Trump Media and Technology Group (NASDAQ: DJT) had blasted several media outlets for launching a "momentous smear campaign," one that involved publishing "utterly fictitious financial results." Just a few months later, Trump's media-focused entity has accepted the veracity of those earlier reports via a new filing with the SEC. For the benefit of those who might not be aware, Trump Media and Technology Group finally managed to close its long-delayed reverse merger with the SPAC Digital World in March, with the shares of the combined company debuting on the Nasdaq exchange last week. Since then, as […]

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