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Another iconic auto brand is taken down by low EV sales
TheStreet114d agoneutral
Another iconic auto brand is taken down by low EV sales

Automakers around the world are learning just how much government subsidies propped up their electric vehicle sales, as the expiration of those subsidies is throwing cold water on the industry's EV ambitions. Take Honda, for example. Over the last three decades, the Japanese automaker has gone from ...

BranchOut Food Q1 Earnings Call Highlights
MarketBeat114d agoneutral
BranchOut Food Q1 Earnings Call Highlights

BranchOut Food (NASDAQ:BOF) executives said the company is focused on increasing factory utilization, diversifying its customer base and building inventory to support what management expects to be a record second quarter. During the company’s first-quarter 2026 earnings call, CFO John Dalfonsi said

Blaize Q1 Earnings Call Highlights
MarketBeat114d agoneutral
Blaize Q1 Earnings Call Highlights

Blaize (NASDAQ:BZAI) executives said the company remains on track for its full-year 2026 revenue target despite a first-quarter revenue shortfall tied to constrained availability of AI servers using high-bandwidth memory. Chief Executive Officer Dinakar Munagala said on the company’s first-quarter

Applied Materials Q2 Earnings Call Highlights
MarketBeat114d agoneutral
Applied Materials Q2 Earnings Call Highlights

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward areas where the company holds leading positions. President and CEO G

Home Depot and Lowe’s hidden anti-theft system alarms shoppers
TheStreet114d agoneutral
Home Depot and Lowe’s hidden anti-theft system alarms shoppers

Home Depot and Lowe’s, like many retailers nationwide, have battled elevated retail theft in recent years. Amid this trend, both retailers quietly rolled out an anti-theft measure that is raising concerns and even pushing some consumers to shop elsewhere. In 2023, retailers reported a 93% ...

Tesla robotaxi rollout features long wait times, safety concerns
Reuters Videos114d agoneutralVIDEO
Tesla robotaxi rollout features long wait times, safety concerns

<body><p>STORY: Tesla's robotaxi service is experiencing significant operational problems in Texas, raising questions about CEO Elon Musk’s ambitious vision for a near future full of driverless cars.</p><p>Reuters testing in Dallas, Houston and Austin found long wait times exceeding 30 minutes, limited availability and navigation problems.</p><p>In one case, a 20‑minute trip in Dallas stretched to nearly two hours.</p><p>The service remains confined to those three Texas cities despite Musk predicting last July that robotaxis would serve half the U.S. population by the end of 2025.&nbsp;</p><p>Much of Tesla’s $1.6 trillion valuation hinges on investor belief that the company will soon unleash a vast fleet of robotaxis.</p><p>But analysts say the expansion is moving slower than expected, with Musk now describing a more “cautious approach” to avoid injuries or fatalities.</p><p>In the meantime, experts have raised concerns about the technology's limits, including Peter Stone, a computer science professor at the University of Texas at Austin.</p><p>“People, at least so far, tend to be much better at unexpected situations and being able to reason about something that you've never seen before. But to be able to figure out on the fly what to do, especially if you're using a machine learning-based system, it relies critically on the training data that's been given. And if you come up with a completely, what's known as out of distribution, which is sort of a code word for just new or novel situation, then it's going to be much more difficult for a software-based system to react than people are.”&nbsp;</p><p>Police in Austin said Tesla's robotaxis tend to ignore posted speed limits, noting that vehicles in test rides last year drove 5 mph above the speed limit.&nbsp;&nbsp;</p><p>Since August, Tesla has reported 15 robotaxi crashes in Austin to federal regulators.</p><p>Most did not involve injuries, but one involved someone being&nbsp;sent to the hospital.</p><p>Tesla has requested that all information about the incidents be kept confidential, according to police.</p><p>Tesla did not respond to Reuters requests for comment.</p></body>

Cerebras Soars: Heard on the Street Thursday Recap
The Wall Street Journal114d agobullish
Cerebras Soars: Heard on the Street Thursday Recap

President Trump and Chinese leader Xi Jinping agreed Iran shouldn't control the key waterway. The S&P 500 rose 0.8%, and the Nasdaq Composite jumped 0.9%. Shares of Cerebras Systems priced at $185 in their public offering and opened trading at $350 on Thursday.

Wall Street Hearts AI, as Blockbuster IPO Shows
The Wall Street Journal114d agoneutral
Wall Street Hearts AI, as Blockbuster IPO Shows

The strong reception comes after enthusiasm for AI companies and chip hardware helped the S&P 500 and the tech-laden Nasdaq composite rebound quickly from Iran war concerns and soar to new records. At the other end of the spectrum, Honda reported its first annual loss as a listed company—equivalent to $2.7 billion. 2. Security researchers say they have discovered a new way of circumventing Apple’s state-of-the-art security technology.

Jerome Powell's last day as Fed chair: What to watch tomorrow
Yahoo Finance Video114d agoneutralVIDEO
Jerome Powell's last day as Fed chair: What to watch tomorrow

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch on Friday, May 15, including Cerebras' (CBRS) second trading day, day two of President Trump's summit in China with President Xi, and Federal Reserve Chair Jerome Powell's last day in office.

Klarna Group Q1 Earnings Call Highlights
MarketBeat114d agoneutral
Klarna Group Q1 Earnings Call Highlights

Klarna Group (NYSE:KLAR) reported a stronger-than-expected first quarter of 2026, with management pointing to accelerating payment volumes, rapid growth in its financing product and continued expansion of its merchant network as key drivers of the results. Co-founder and CEO Sebastian Siemiatkowski