Tesla Inc. is expecting capital expenditure to exceed $10 billion in 2024 and to range from $8 billion to $10 billion for each of the following two fiscal years. The electric-vehicle maker TSLA, +0.34% made the disclosure in its 10-K annual report filing with the Securities and Exchange Commission published on Monday. “We are simultaneously
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In the space of tech and commerce, certain industry titans emerge as the architects of leading innovations. Three companies stand at the forefront, each pioneering groundbreaking advancements in their respective domains. The first one’s prowess in semiconductor technology, the second one’s strides in AI hardware, and the third one’s e-commerce juggernaut status reveal a glimpse
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By the time the United States Federal Reserve convened for its Federal Open Markets Committee (FOMC) meeting in December, federal economic data had already pointed to a sustained cooling in consumer prices. The Consumer Price Index, for example, only rose 3.2%, from a year-over-year (Y/Y) perspective, in October, which was approximately 590 basis points lower than the
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Regulatory pressure on businesses in the technology sector has been increasing since last year. Rules on content moderation and payment activities appeared in the government’s supervisory agenda in several countries, while President Biden’s executive order on the safety and security of artificial intelligence has already been signed. Smaller companies are holding their breath, thinking that
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In this article Follow your favorite stocksCREATE FREE ACCOUNT A hand changing television channels with the remote control. Manuel Breva Colmeiro | Moment | Getty Images Company: Xperi (XPER) Business: Xperi is a technology company that develops software solutions and has the following four main business segments. First, there’s pay-TV, which provides backend software for
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The future of the U.S. economy looks promising, having concluded 2023 with unexpectedly robust growth, defying recession concerns. Consumer spending, business investment, government outlays, exports, and improved housing conditions contributed to the economy’s resilience. As the nation enters a presidential election year, the strong economic performance is anticipated to continue. Experts are foreseeing continued positive
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Finding stocks to sell in 2024 isn’t hard, but actually executing is another matter. For example, bearish sentiment abounds around the Magnificent Seven as the S&P 500 hits all-time highs despite sweeping tech layoffs and overall economic unease. And sure, you could short a stock like Nvidia (NASDAQ:NVDA) on the grounds of massive overvaluation. But
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