Tesla Investment In xAI Hinges On Elon Musk Having 25% Voting Power: ‘Level Is Key,’ Says Dan Ives
Tesla CEO Elon Musk’s push for a 25% voting power is pivotal for its potential investment in xAI, according to Daniel Ives. read more
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Goldman Sachs Sees 53% Upside In Nebius Group, Calls AI Infrastructure ‘Undervalued’
Goldman Sachs initiates coverage on Nebius Group with a Buy rating and $68 price target, citing its strengths in AI infrastructure. read more
UK Commits $84 Million To Charging Infrastructure, Plans $944 Million Subsidy Package—Tesla May Be Left Out
The UK gov announced £63M investment for EV charging infrastructure, while working on a £700M subsidy package for affordable EVs. read more
Texas Judge Blocks Biden-Era Rule Meant To Erase $49 Billion In Medical Debt From Credit Reports
A judge blocked a Biden-era rule that would have removed medical debt from credit reports, siding with industry arguments that the agency overstepped its authority. read more
Boeing Stock Rises Premarket Despite Fuel Switch Checks Planned By South Korea: Air India CEO Says Probe ‘Far From Over’
The South Korean government is ordering domestic airlines using Boeing Co. aircraft to check fuel switches after last month’s India crash. read more
BHP Taps China’s Battery Leaders For Green Mining Future
BHP partners with Chinese battery firms CATL and FDB to decarbonize mining operations. Goal of net-zero emissions by 2050. Deals include battery recycling and EVs. read more
Bitcoin Is Humanity’s ‘Best Bet’ Against Currency Debasement, Says Anthony Pompliano: ‘We Owe So Much To Satoshi Nakamoto’
Entrepreneur and investor Anthony Pompliano hailed Bitcoin (CRYPTO: BTC) as the ultimate solution to the global issue of currency debasement and the “most important technology invention” of the current era on Sunday. read more
Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value
Alibaba matched its record of 80 million deliveries in one day, competing with Meituan and JD.com in China’s quick-delivery market through giveaways and promotions. The price war has caused a $100 billion drop in Alibaba’s market value, and it is expected to post a $5.7 billion loss in its food delivery operations. read more