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, […]
The Taiwan Semiconductor Manufacturing Company (TSMC) faces a credit risk from its high electricity demand, notes a new report from S&P Global Ratings. TSMC is the most valuable Taiwanese firm in terms of market capitalization, and it is also a major electricity consumer in the country. According to the report, TSMC's electricity consumption accounts for 8% of Taiwan's usage as the firm speeds up the production of the advanced 3 nanometer chips, with one wafer unit requiring 40.5 kilowatt hours of electricity in 2023. This uptick in usage comes as data from Taiwan's state owned electricity provider TaiPower shows that […]
Were Tesla's just-reported delivery figures for the third quarter of 2024 a miss? This question dominated investor chatter throughout today's morning trading session as Tesla's quarterly deliveries exceeded (barely) its self-compiled consensus estimate but failed to beat the median estimate from analysts. What's more, Reuters fueled further confusion by publishing a higher consensus figure that polled a narrower subset of Wall Street analysts. The end result: Tesla ended today in the red by ~3.5 percent even as the Nasdaq 100 recorded a minuscule gain. As we reported earlier today, Tesla has now disclosed that it delivered 462,890 units in Q3 […]
NVIDIA appears determined to corner every segment of the emerging AI-led paradigm shift in its quest to become the go-to retailer of full-stack AI solutions. As a verifiable demonstration of this underlying strategy, look no further than the GPU manufacturer's recent release of a dedicated, open-source Large Language Model (LLM), dubbed the NVLM-D 1.0. What's more, given the model's near-parity with comparable proprietary offerings such as the GPT-4o, investors must ask the question: is OpenAI's new $157 billion valuation justified? OpenAI's Cash-Rich Coffers To wit, OpenAI has now announced that it was able to raise a whopping $6.6 billion in […]
Toyota has remained visibly hesitant to jump on the global EV bandwagon, instead betting on its growing lineup of hybrids to drive significant growth in the years ahead. Yet, in what is a manifest flip-flop, the company is now doubling down on its partnership with the manufacturer of electric air taxis, Joby Aviation. Toyota is retarded, this really doesn't bode well for Toyota. Not because of the amount, but because of what it says regarding its decision process. This isn't very different from the beverage companies who sank billions into the MJ bubble. — Paulo Santos (@ThinkFinance999) October 2, 2024 […]
Tesla is again growing its deliveries, courtesy of the Cybertruck's accelerating production ramp-up and the EV giant's demand-stoking incentives that have effectively countered any dampening effect from the onslaught of new competition in China. This sets the stage for a sustainable rally in Tesla shares just ahead of its upcoming robotaxi reveal event on the 10th of October. $TSLA IR-compiled 3Q consensus is 462K (+6% YoY) and FY’24 consensus is 1,781K (-1.5% YoY). @TroyTeslike 3Q est is 472K. pic.twitter.com/I0eMH6Ytf7 — Gary Black (@garyblack00) October 1, 2024 As per Tesla's IR-compiled consensus estimate, Wall Street analysts expected the EV giant to […]
Morgan Stanley's Adam Jonas is quite famous for his investment notes on Tesla, which are often replete with fanciful musings that then constitute a basis for the analyst's uber-rosy revenue projections for the EV giant. Consider Jonas' latest investment note where he goes so far as to assign an upside potential for the Tesla stock that ranges between $100 per share and $1,000 per share, all based on a line of business that does not exist! NEWS: Morgan Stanley's Adam Jonas has released a new $TSLA note. "Is it just me, or are you seeing more ‘breadcrumbs’ from Tesla’s CEO […]
China may be a decade behind Taiwan and TSMC when it comes to semiconductor manufacturing, according to Cheng-Wen Wu, the chairperson of the Taiwanese National Science Council. Wu made the remarks during a briefing at the Taiwanese legislature yesterday after he was asked about media reports suggesting that a tear down of Huawei's latest smartphones indicated that China had managed to catch up with its chip manufacturing technology. In response, he shared that since TSMC's leading edge 2 nanometer semiconductor technology is slated to go into mass production in 2025, according to his estimates, the gap between Taiwan and China […]
We noted recently that Tesla was on course to record its best quarter yet in China, where a combination of a secular shift towards EVs and Tesla's demand-stoking bells and whistles have managed to counter any dampening effect from the onslaught of new competition. Additionally, the Cybertruck's production ramp-up is also expected to boost the company's quarterly delivery number. Now, as this trend becomes increasingly visible, betting markets are turning demonstrably bullish on Tesla's upcoming Q3 2024 delivery numbers. Consider the fact that, as per the bets placed so far on the Kalshi platform, Tesla is expected to report Q3 […]
The State of California has just taken a significant step in enforcing some much-needed transparency vis-a-vis the troves of data that voracious generative AI models have been consuming as they become ever more elaborate in their responses. This development, however, poses competitive risks for the increasingly mercantile OpenAI, making it quite unlikely that the current apex predator of the AI world would choose to incorporate its for-profit arm within the Golden State. OpenAI: To Profit Or Not To Profit OpenAI's CEO, Sam Altman, has been increasingly pushing his organization toward a more commercial pathway over the past few months. In […]
SpaceX has suspended its Falcon 9 launches to investigate a problem that popped up with the rocket's second stage after yesterday's Crew 9 launch for NASA. The Falcon 9 took off from the Cape Canaveral Space Force Station yesterday with a crew for the first time, with its second mission where two astronauts piloted the Crew Dragon spacecraft. SpaceX shared on X earlier that while the Falcon 9 second stage for the Crew 9 mission was disposed of in the ocean as per its plan, an anomaly on the rocket meant that it missed its designated landing area. As a […]
SpaceX has made major upgrades to the Crew Dragon spacecraft to improve its safety profile, according to NASA's Commercial Crew Program manager Steve Stich, and SpaceX's Vice President, Build and Reliability Bill Gerstenmaier. The two shared details during a Crew 9 press conference earlier today, and now, the Dragon can fire its thrusters for a soft landing in case of an emergency. NASA and SpaceX are slated to launch Crew 9 tomorrow, with two crew members, accompanied by Boeing's Starliner astronauts, when they return to Earth in February. SpaceX Cleans Soot From Crew Dragon Ahead Of Tomorrow's Launch Ahead of […]
In what is now being interpreted as a testament to the gravity of the allegations leveled by the meticulous short-seller firm Hindenburg Research, the US Department of Justice has reportedly opened an active investigation into the troubled affairs of the retailer of high-performance servers and liquid-cooled AI racks, Super Micro Computer (SMCI). To wit, the Wall Street Journal is now reporting that a prosecutor affiliated with the US attorney's office in San Francisco has, in recent days, contacted relevant persons with first-hand knowledge of the events as alleged by Hindenburg Research in its comprehensive short attack against Super Micro Computer […]
The Taiwan Semiconductor Manufacturing Company (TSMC) faces a credit risk from its high electricity demand, notes a new report from S&P Global Ratings. TSMC is the most valuable Taiwanese firm in terms of market capitalization, and it is also a major electricity consumer in the country. According to the report, TSMC's electricity consumption accounts for 8% of Taiwan's usage as the firm speeds up the production of the advanced 3 nanometer chips, with one wafer unit requiring 40.5 kilowatt hours of electricity in 2023. This uptick in usage comes as data from Taiwan's state owned electricity provider TaiPower shows that […]
Were Tesla's just-reported delivery figures for the third quarter of 2024 a miss? This question dominated investor chatter throughout today's morning trading session as Tesla's quarterly deliveries exceeded (barely) its self-compiled consensus estimate but failed to beat the median estimate from analysts. What's more, Reuters fueled further confusion by publishing a higher consensus figure that polled a narrower subset of Wall Street analysts. The end result: Tesla ended today in the red by ~3.5 percent even as the Nasdaq 100 recorded a minuscule gain. As we reported earlier today, Tesla has now disclosed that it delivered 462,890 units in Q3 […]
NVIDIA appears determined to corner every segment of the emerging AI-led paradigm shift in its quest to become the go-to retailer of full-stack AI solutions. As a verifiable demonstration of this underlying strategy, look no further than the GPU manufacturer's recent release of a dedicated, open-source Large Language Model (LLM), dubbed the NVLM-D 1.0. What's more, given the model's near-parity with comparable proprietary offerings such as the GPT-4o, investors must ask the question: is OpenAI's new $157 billion valuation justified? OpenAI's Cash-Rich Coffers To wit, OpenAI has now announced that it was able to raise a whopping $6.6 billion in […]
Toyota has remained visibly hesitant to jump on the global EV bandwagon, instead betting on its growing lineup of hybrids to drive significant growth in the years ahead. Yet, in what is a manifest flip-flop, the company is now doubling down on its partnership with the manufacturer of electric air taxis, Joby Aviation. Toyota is retarded, this really doesn't bode well for Toyota. Not because of the amount, but because of what it says regarding its decision process. This isn't very different from the beverage companies who sank billions into the MJ bubble. — Paulo Santos (@ThinkFinance999) October 2, 2024 […]
Tesla is again growing its deliveries, courtesy of the Cybertruck's accelerating production ramp-up and the EV giant's demand-stoking incentives that have effectively countered any dampening effect from the onslaught of new competition in China. This sets the stage for a sustainable rally in Tesla shares just ahead of its upcoming robotaxi reveal event on the 10th of October. $TSLA IR-compiled 3Q consensus is 462K (+6% YoY) and FY’24 consensus is 1,781K (-1.5% YoY). @TroyTeslike 3Q est is 472K. pic.twitter.com/I0eMH6Ytf7 — Gary Black (@garyblack00) October 1, 2024 As per Tesla's IR-compiled consensus estimate, Wall Street analysts expected the EV giant to […]
Morgan Stanley's Adam Jonas is quite famous for his investment notes on Tesla, which are often replete with fanciful musings that then constitute a basis for the analyst's uber-rosy revenue projections for the EV giant. Consider Jonas' latest investment note where he goes so far as to assign an upside potential for the Tesla stock that ranges between $100 per share and $1,000 per share, all based on a line of business that does not exist! NEWS: Morgan Stanley's Adam Jonas has released a new $TSLA note. "Is it just me, or are you seeing more ‘breadcrumbs’ from Tesla’s CEO […]
China may be a decade behind Taiwan and TSMC when it comes to semiconductor manufacturing, according to Cheng-Wen Wu, the chairperson of the Taiwanese National Science Council. Wu made the remarks during a briefing at the Taiwanese legislature yesterday after he was asked about media reports suggesting that a tear down of Huawei's latest smartphones indicated that China had managed to catch up with its chip manufacturing technology. In response, he shared that since TSMC's leading edge 2 nanometer semiconductor technology is slated to go into mass production in 2025, according to his estimates, the gap between Taiwan and China […]
We noted recently that Tesla was on course to record its best quarter yet in China, where a combination of a secular shift towards EVs and Tesla's demand-stoking bells and whistles have managed to counter any dampening effect from the onslaught of new competition. Additionally, the Cybertruck's production ramp-up is also expected to boost the company's quarterly delivery number. Now, as this trend becomes increasingly visible, betting markets are turning demonstrably bullish on Tesla's upcoming Q3 2024 delivery numbers. Consider the fact that, as per the bets placed so far on the Kalshi platform, Tesla is expected to report Q3 […]
The State of California has just taken a significant step in enforcing some much-needed transparency vis-a-vis the troves of data that voracious generative AI models have been consuming as they become ever more elaborate in their responses. This development, however, poses competitive risks for the increasingly mercantile OpenAI, making it quite unlikely that the current apex predator of the AI world would choose to incorporate its for-profit arm within the Golden State. OpenAI: To Profit Or Not To Profit OpenAI's CEO, Sam Altman, has been increasingly pushing his organization toward a more commercial pathway over the past few months. In […]
SpaceX has suspended its Falcon 9 launches to investigate a problem that popped up with the rocket's second stage after yesterday's Crew 9 launch for NASA. The Falcon 9 took off from the Cape Canaveral Space Force Station yesterday with a crew for the first time, with its second mission where two astronauts piloted the Crew Dragon spacecraft. SpaceX shared on X earlier that while the Falcon 9 second stage for the Crew 9 mission was disposed of in the ocean as per its plan, an anomaly on the rocket meant that it missed its designated landing area. As a […]
SpaceX has made major upgrades to the Crew Dragon spacecraft to improve its safety profile, according to NASA's Commercial Crew Program manager Steve Stich, and SpaceX's Vice President, Build and Reliability Bill Gerstenmaier. The two shared details during a Crew 9 press conference earlier today, and now, the Dragon can fire its thrusters for a soft landing in case of an emergency. NASA and SpaceX are slated to launch Crew 9 tomorrow, with two crew members, accompanied by Boeing's Starliner astronauts, when they return to Earth in February. SpaceX Cleans Soot From Crew Dragon Ahead Of Tomorrow's Launch Ahead of […]
In what is now being interpreted as a testament to the gravity of the allegations leveled by the meticulous short-seller firm Hindenburg Research, the US Department of Justice has reportedly opened an active investigation into the troubled affairs of the retailer of high-performance servers and liquid-cooled AI racks, Super Micro Computer (SMCI). To wit, the Wall Street Journal is now reporting that a prosecutor affiliated with the US attorney's office in San Francisco has, in recent days, contacted relevant persons with first-hand knowledge of the events as alleged by Hindenburg Research in its comprehensive short attack against Super Micro Computer […]