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Legendary fund manager makes aggressive SpaceX prediction
TheStreet1d agoneutral
Legendary fund manager makes aggressive SpaceX prediction

The founder of Baron Capital told investors that SpaceX (SPCX) could be worth $40 trillion in the next 10 to 15 years. For context, that number is close to the value of every public company in the United States combined today. Baron is not a stranger to calls like this. He made a similar bet ...

Tesla Stock Is on a Roll as Retail Traders Buy In
Barrons.com5d agoneutral
Tesla Stock Is on a Roll as Retail Traders Buy In

FEATURE Tesla stock was rising again Monday, putting the electric vehicle maker on track to extend a recent good run during which it has clawed back some of its losses for the year. Shares climbed 1% to $332 ahead of the opening bell.

War Is Helping Chinese EVs Upend the Global Car Market
The Wall Street Journal5d agoneutral
War Is Helping Chinese EVs Upend the Global Car Market

One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. The crisis in the Middle East is helping them export their way out of trouble: Chinese carmakers are sending excess supply to overseas markets, where high gasoline prices are prompting more drivers to buy EVs. The market share of traditional carmakers is the big casualty.

Bloomberg5d agoneutral
China Humanoid Makers Hold 97% of Global Shipments, Report Says

(Bloomberg) -- China’s humanoid robot makers commanded more than 97% of global shipments in the first half of 2026, according to new industry data affirming the country’s early lead against US rivals in the burgeoning field.Most Read from BloombergIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’China Unleashes $28 Trillion Capital Markets to Challenge US in AITrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaGlobal Stock Rally Extends, Oil Advances on Iran: Markets

Explainer-What is Unitree and why are China’s humanoid robot makers racing to list?
Reuters5d agoneutral
Explainer-What is Unitree and why are China’s humanoid robot makers racing to list?

Chinese robot maker Unitree has priced its Shanghai initial public offering at 150.8 yuan per share, with subscriptions to start on ‌Monday, as it seeks to raise 6.1 billion yuan ($904 million) in a deal that ‌would see it become the first mainland-listed humanoid robot manufacturer. Below are some facts about Unitree, and why it is leading ​several Chinese robotics companies towards public listings. WHAT IS UNITREE?

Bloomberg8d agoneutral
Big Tech Stocks Storm Back as AI Fears Fade and Euphoria Resumes

(Bloomberg) -- After spending much of the year in the stock market doghouse over fears about their profligate spending on artificial intelligence, the world’s biggest technology companies are suddenly leading the way once again. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbi

SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas
Reuters9d agoneutral
SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas

Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the ‌companies race to secure the chip capacity that the billionaire has called essential ‌to their future. The facility is intended at narrowing the gap between global chip supply and the more than ​1 terawatt of computing power that SpaceX and Tesla expect to need in the coming years. Future expansion phases could push total investment much higher, SpaceX said in a statement on its website on Thursday, adding that the facility would employ at least 3,000 people.

Ford's new EV truck Fathom to be priced starting at about $28,000
Reuters9d agoneutral
Ford's new EV truck Fathom to be priced starting at about $28,000

DETROIT, Aug 6 (Reuters) - Ford Motor said on Thursday that its upcoming midsize electric pickup truck would ‌be priced starting at about $28,000 and named Fathom, as the ‌Michigan automaker looks to offer an affordable model in a market full of ​pricey EVs. • Ford has approached development and manufacturing of this vehicle from the ground up, assembling a specialized team in California aimed at competing with rivals like Tesla and China's BYD.

Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret
Reuters9d agoneutral
Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret

Aug 6 () - Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or how it evaluated the technology, which for years has faced regulatory investigations and lawsuits over FSD-involved crashes in the United States.

Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret
Reuters9d agoneutral
Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret

Aug 6 () - Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across the EU. But Dutch road regulator RDW won’t tell the public why it concluded the driver-assistance system is safe or how it evaluated the technology, which for years has faced regulatory investigations and lawsuits over FSD-involved crashes in the United States.

Bloomberg9d agoneutral
AI’s Volatile Power Demand Is Damaging Its Own Data Centers

(Bloomberg) -- Artificial intelligence’s tremendous hunger for electricity is already well known. What’s less familiar is how the rapid fluctuations in data centers’ appetites can break essential equipment at the facilities.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowSpaceX’s $101 Bi