Tesla beats profit forecast after Musk launches SpaceX merger plan | Tesla
Investors paid close attention to Tesla’s third-quarter earnings release Wednesday afternoon, after CEO Elon Musk floated the idea of merging the automaker with his rocket and AI company, SpaceX. But they didn’t get any more information…
INTEGRIS Health joins Kaiser Permanente division
OKLAHOMA CITY – INTEGRIS Health, Oklahoma’s largest physician network, is joining a division of Kaiser Permanente. Timothy Peherson, CEO of INTEGRIS Health, announced in this video that Integris has signed an agreement to become part of…
Dow Jones futures fall; Meta and Tesla move in earnings after SpaceX leads Nasdaq bullish move
Dow Jones futures fell overnight, as did S&P 500 futures and especially Nasdaq futures. Meta Platforms and Tesla headlined another big night of earnings, along with Texas Instruments, IBM, CSX, SAP and United Rentals. The stock market rally was…
Lam Research Falls Even as First Quarter Results and Guidance Beat Wall Street (LRCX:NASDAQ) Estimates
hababapa Search Lam (LRCX) shares fell 6.8% in extended trading Wednesday after the chip equipment maker offered an outlook for the coming quarter that was only slightly better than investors expected. For the period ending September 27, Lam Research…
Electric bills force 1 in 5 Americans to cut back on grocery spending
About one in five Americans have cut back on grocery spending or considered buying cheaper foods to pay their electric bills, while about one in four have turned down the heating or air conditioning to uncomfortable levels or considered doing so,…
How Mark Zuckerberg Pushed Meta to Protect Him From California’s Proposed Wealth Tax
Mark Zuckerberg was running out of time. A historic tax on billionaires was looming on the ballot in his home state of California, and he needed the board of Meta, his technology company, to take steps to protect against it. Mr. Zuckerberg had been…
Trump’s Green Card Restrictions Test Indian Tech Workers’ American Dream
New and pending applications under the Permanent Labor Certification Program, or PERM, have been frozen. It’s a blow to Indians who hold the majority of H-1B visas – a temporary visa for specialists – that they used to work in the…
While Amazon blocks AI agents, Walmart rolls out the welcome mat
Walmart is getting into the agent business with the launch of its own agent gateway to manage transactions and other new features for customers using AI agents, the retailer announced Wednesday. The move comes shortly after Walmart’s main…
Ken Griffin says AI is ‘almost certainly’ in a bubble, compares GPUs to airline seats
Ken Griffin, founder of Wall Street giant Citadel, said Tuesday that investors are “almost certainly” in an AI bubble, although he wasn’t telling them to abandon their AI stocks. “What’s left in the wake of these bubbles, if…
IBM shares rebound as earnings offer glimmer of recovery
After the closing bell Wednesday, the company reported adjusted earnings of $2.95 per share, compared to analysts’ expectations of $2.85. Revenue rose 4.7% from a year earlier to $17.1 billion, beating Wall Street’s forecast of $16.8 billion.…