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Tesla rival trims spending plans despite revenue beat
TheStreet10d agobullish
Tesla rival trims spending plans despite revenue beat

Valued at a market cap of $22 billion, electric vehicle manufacturer Rivian has underperformed the broader markets in recent years. Down 80% from all-time highs, the EV maker beat Wall Street revenue consensus estimates in Q2 and surprised investors with a lower capital spending forecast. For ...

Open-weight AI models add new spark to China, Silicon Valley's AI race
Yahoo Finance Video10d agoneutralVIDEO
Open-weight AI models add new spark to China, Silicon Valley's AI race

Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Ines Ferré and Breaking News Reporter Jake Conley to assess and discuss the rising competition between open-weight AI models from China — which are public to download and modify — and Silicon Valley's top artificial intelligence developers.

SpaceX stock drops as AI capex jumps in Q2
Yahoo Finance10d agoneutral
SpaceX stock drops as AI capex jumps in Q2

SpaceX reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall.

Tesla’s (TSLA) AI Driven Future Beyond Cars
Insider Monkey10d agoneutral
Tesla’s (TSLA) AI Driven Future Beyond Cars

Rowan Street Capital, an investment management company, released its Q1 2026 investor letter. A copy of the letter can be downloaded here. The Fund’s performance remained stable in the second quarter, with the portfolio declining about 1$ from the first quarter, resulting in a net return of -21% for the second half of 2026. Despite the […]

Record Exports Boost BYD Sales as Chinese EV Stocks Suffer
Barrons.com10d agoneutral
Record Exports Boost BYD Sales as Chinese EV Stocks Suffer

Chinese EV leader BYD delivered strong July sales, sending its shares higher in overseas trading. In China, BYD sold about 239,000 vehicles, including commercial vehicles, down 22% year over year. BYD shares were up 0.8% in overseas trading on Monday.

Tesla Stock Goes For 3 Gains in a Row as It Shrugs Off Safety Inquiry
Barrons.com10d agoneutral
Tesla Stock Goes For 3 Gains in a Row as It Shrugs Off Safety Inquiry

Tesla stock rose early Monday, going for three gains in a row after a brutal stretch following the company’s second-quarter earnings report. If Tesla can rise on Monday, it will be three consecutive gains. Weaker-than-expected second-quarter earnings reported on July 22 contributed to a six-day losing streak, sending Tesla stock down more than 20%.