Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics
What if the $3trn AI investment boom goes wrong?
Even if the technology achieves its potential, plenty of people will lose their shirts
Bank Warns of Tesla Stock Collapse
HSBC stock analyst Mike Tyndall recently reiterated a "reduce" rating on Tesla, expecting the company's shares to fall over 60 percent.
How Elon Musk’s X Shapes the AI Boom
Like it or not, the artificial-intelligence race is playing out on X. That fact has some big implications.
Japan’s Nikkei Hits New Record High
The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.
China Is The World's First Electrostate - CleanTechnica
Carbon emissions in China fell slightly int he first quarter of 2025 as more renewable energy and storage came available.
The Value of Nothing: Capital versus Growth - American Affairs Journal
Throughout 2021, U.S. stock market valuations have hovered near all‑time highs. In June, the unadjusted price-to-earnings (P/E) ratio of the S&P 500 index eclipsed the tech boom record of 2000. Many other asset classes have attained, or nearly attained, record valuations as well. Stratospheric valuations may be partially attributable to the unique circumstances surrounding Covid-19...
EV Stupidity Checklist
Automobiles have been around for well over a century. During that time, we’ve gotten pretty good at designing and building their basic components and controls: seats, doors, pedals, steering wheels, mirrors, etc. But when today’s automakers decide to make an electric vehicle (EV), they seemingly forget much of what they once knew, creating new versions of features that are objectively, obviously worse than the time-tested designs they replace.
After Biggest IPO Ever: Is Elon Musk SpaceX's Steward?
The richest man on the planet has launched the world's biggest IPO ever. After the pricing of the SpaceX IPO was finalized yesterday, shares of the rocket-and-AI giant were traded on the NASDAQ for the first time today. The company's total valuation stands at the expected $1.75 trillion, with the roughly 550 million newly issued shares representing a value of $75 billion at the offering price ($135 per share). Shares opened approximately 11% higher on the first day of trading, touching $150. These ingredients make for the biggest IPO of all time. And for the greatest wealth in the hands of a single person: Elon Musk is, on paper at least, the first trillionaire in world history.
ServiceNow Stock Tumbles 50% in a Year: Good Earnings Don't Stop 'Death of SaaS' | Salesforce Ben
ServiceNow's stock has experienced an 11% decline on the day of their Q4 announcements and a 50% decline over the past year.
Elon Musk Net Worth Tracker (Live)
Watch Elon Musk's net worth update live, rebuilt in real time from SEC filings as Tesla, SpaceX (SPCX) and xAI move. Live counter, breakdown and history.
Is Big Tech's AI Gamble Starting to Look Riskier? - Slashdot
The Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines." They warn "Tech superstars that once had oodles of cash left over at the end of each year are now flipping into the red..." [While optimists expect] huge corporate p...
SpaceXAI: Elon Musk merges two of his companies in bid for the future
The world's wealthiest man plans to create 'the most ambitious, vertically-integrated engine on (and off) Earth."
AI Is Failing at an Overwhelming Majority of Companies Using It, MIT Study Finds
Recent figures by MIT found that 95 percent of generative AI pilots are failing, with some drastic implications for the spending bubble.
Companies Are Blaming AI for Layoffs. The Real Reason Will Piss You Off.
180,000 tech workers lost their jobs in 2025. Companies say it’s because of AI. Oxford researchers call BS.
AAA Fuel Prices
After Falling for a Week, National Average Climbing Again Read more »
