The Future Fund Managing Partner Gary Black highlighted Rivian Automotive Inc.’s resilience Thursday, noting the electric vehicle maker’s shares rose 3% after hours despite supply challenges, as investors focused on its maintained positive fourth-quarter gross margin forecast. read more
BlackRock Inc, the world’s largest asset manager, is reportedly in preliminary discussions to acquire an equity stake in Millennium Management, one of the leading hedge fund managers. read more
Tesla Inc CEO Elon Musk said on Thursday that the toughest part about building the company’s Optimus humanoid robot is improving its design to ease manufacturing and readying a complex supply chain for mass production. read more
Apple has launched the first public beta of iOS 18.2, introducing AI features like Image Playground, Genmoji, and ChatGPT integration with Siri, ahead of the official release expected in December. read more
Block Inc. (NYSE:SQ) CEO Jack Dorsey reiterated the company’s exclusive focus on Bitcoin (CRYPTO: BTC), intending to make the cryptocurrency the centerpiece of its financial services operations. read more
Amazon’s new Kindle Colorsoft e-reader has a yellow discoloration issue, which analyst Ming-Chi Kuo suggests could be fixed through a software update. read more
Cardano (CRYPTO: ADA) raced past Bitcoin (CRYPTO: BTC) to become the week’s best performer after a searing double-digit rally on Thursday. read more
On Thursday, the Dow Jones Industrial Average was flat at 43,729.34, while the S&P 500 rose 0.7% to 5,973.10. The Nasdaq spiked 1.5% to 19,269.46. read more
Wedbush Securities analyst Dan Ives predicts Tesla Inc could see significant gains under a potential second Donald Trump presidency, particularly in advancing its Full Self-Driving technology. read more
Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said in a Thursday press release. read more