Key Points: Syrah Resources and Tesla extended their deadline to resolve a contract dispute until June 1. This marks the fourth time the companies have delayed the deadline over graphite supply issues. Tesla claims Syrah failed to deliver proper graphite...
Key Points: Elon Musk launched a new round of job cuts at his artificial intelligence startup. Co-founders Guodong Zhang and Zihang Dai left after facing blame for coding issues. Only two of the original twelve founders remain at the three-year-old technology firm. Musk brought in auditors from Tesla and SpaceX to evaluate and fire underperforming...
Key Points: Meta pushed the release of its "Avocado" AI model from this month to at least May. Internal testing showed the new model currently underperforms compared to top competitor offerings. The company plans to spend up to 135 billion dollars on AI infrastructure this year. Meta leadership is considering a temporary deal to license...
Key Points: Analysts predict Tesla vehicle deliveries will drop for a third straight year. The automaker plans to spend over 20 billion dollars on new technology this year. Experts expect Tesla to burn more cash than it makes for the first time in seven years. Loss of tax credits and fierce overseas competition continue to...
Key Points: Japanese payment app PayPay plans to price its shares at the lower end of its target range. The...
Key Points: European Union leaders will demand a full review of the carbon market by July 2026. The upcoming summit...
Key Points: Starting salaries for permanent jobs fell at the slowest rate since October. The monthly index for new permanent...
Key Points: Two major US inflation reports will be released this week. Core inflation likely rose by 0.2 percent in...
Key Points: Guangdong leaders pledged to integrate artificial intelligence across their massive economy. Officials want to build large computing clusters...
Key Points: Data center demand currently beats supply due to the artificial intelligence boom. Bernstein expects global data center demand...
Key Points: The European Union officially approved a binding goal to cut emissions by 90 percent by 2040. Member states...
Key Points: South Korean tech leaders worry the Iran conflict will hurt chip demand. A prolonged crisis could delay new...
Key Points: The Nuclear Regulatory Commission approved TerraPower's reactor construction permit. This marks the first new commercial nuclear reactor approved...
Key Points: Bank of America gave Tesla a Buy rating with a $460 price target. Analyst Alexander Perry says Tesla...
Key Points: President Trump will meet with major tech leaders to sign an energy pledge. The agreement asks tech companies...
Key Points: The European Union wants carmakers to use low-carbon steel to meet emission goals. Green steel uses renewable hydrogen,...
Key Points: China's top court made skipping mandatory social insurance payments illegal. The reform aims to build a safety net...
Key Points: Chinese companies face confusion over strict new rare earth export laws. Questions to the commerce ministry surged as...
Key Points: Southern Company received a historic $26.54 billion loan from the Energy Department. The funding will support grid upgrades...
Key Points: First Solar's stock dropped 14 percent after issuing a weak sales forecast. The company expects 2026 sales to...
Key Points: Google will build a data center on 480 acres in Pine Island, Minnesota. The company plans to add...
Key Points: The White House plans to use Pentagon AI to set mineral prices. The program aims to counter China's...
Key Points: Tesla sued California regulators to overturn a false advertising ruling. The state previously claimed Tesla misled buyers about...
Key Points: ASML developed a new way to increase chip output by 50%. The upgrade boosts the machine's light source...
Key Points: Sam Altman called rumors about ChatGPT's massive water use completely fake. He noted that modern data centers no...
Key Points: Ford is developing a $30,000 midsize electric pickup truck to boost EV sales. A special engineering team created...
Key Points: A federal judge in Miami rejected Tesla's attempt to overturn a massive jury verdict. The automaker must pay...
Key Points: Governor Hochul withdrew her proposal to allow commercial robotaxis. The plan lacked support from state lawmakers and stakeholders....
Key Points: Microsoft matched 100% of its electricity usage with renewable energy last year. The company contracted 40 gigawatts of...
Key Points: Ormat signed a deal to provide 150 MW of geothermal power. The energy will support Google’s data center...
Key Points: Portland General Electric is buying PacifiCorp's Washington assets for $1.9 billion. The deal includes wind and gas plants...
Key Points: Australian Federal Court dismissed the case against Santos on Tuesday. The lawsuit claimed the company misled investors about...
Key Points: Citi identifies software stocks like Microsoft as strong buying opportunities. Barclays warns that investors are panic-selling companies viewed...
Key Points: Turkey deployed the Cagri Bey vessel to Somalia on Sunday. This is Ankara's first deep-sea mission outside its...
Key Points: Experts predict Chinese cars will enter the US market within a decade. High tariffs mean companies must build...
Key Points: The EPA repealed the finding that greenhouse gases endanger public health. Federal tailpipe emissions standards for vehicles have...
