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Lucid reported second-quarter results on Tuesday that beat revenue expectations but losses ran wider than expected, as the struggling luxury EV maker unveiled an "operational reset" aimed at slashing cash burn, and stabilizing a business that recently had to publicly deny it was heading for bankruptcy.

Investing.com -- Direxion on Wednesday launched a new family of exchange-traded funds designed to generate income by writing call options on individual high-volatility stocks, expanding beyond its traditional leveraged and inverse ETF offerings.

Elon Musk's social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another. X Money is using technology and banking services provided by Cross River Bank, and branding that backbone as X Money.

The Apple Upgrade program will allow customers to pay monthly for new products and then return, upgrade or buy the device.

Apple on Tuesday launched a device leasing program in the U.S. through ‌payments firm Klarna, offering customers monthly plans for ‌iPhones, Macs, iPads and Apple Watches. The program, called Apple Upgrade, expands ​the technology giant's payment options and replaces its existing iPhone Upgrade Program and iPhone Payments offering in the country. Customers can lease iPhones and Apple Watches for ‌12 or 24 ⁠months, while Macs and iPads are available under 24- or 36-month plans, Apple said.

Meta Platforms (META) and BlackRock (BLK) have agreed to form a strategic venture to develop and own

The latest launch for the experimental rocket is the first since Elon Musk’s rocket company went public in a historic IPO.

The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.

The deal calls for the automakers to build two new Ford multi-energy vehicles and two new Geely electric SUVs at the Valencia plant.

AMD launched its Helios rackscale systems to rival Nvidia's Vera Rubin-powered platform.

US carmaker Ford and China's Geely will create a joint venture at Ford's troubled Valencia plant in eastern Spain, where they plan to produce four new models for the European market, the companies said on Thursday.Ford will hold a 66 percent stake in the venture and Geely the remaining 34 percent, the two companies said in a statement about the project which was presented at the plant in Valencia.

Block, Inc. (NYSE: XYZ), the Bitcoin (BTC)-centric financial technology company founded by Jack Dorsey, launched a new platform called Buzz on July 21. Built on the Nostr protocol, Buzz is a free, decentralized, and open-source platform where employees and artificial intelligence ...

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples ‌with rising memory chip prices while bracing for a new threat from Apple ‌in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to ​be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million ‌manufacturing facility in Texas on Tuesday to ‌produce the U.S. chipmaker's latest AI systems, as Taiwanese electronics ​makers expand U.S. production to meet soaring demand for AI infrastructure. • The Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell ‌Ultra Superchip. Nvidia ⁠CEO Jensen Huang has described the AI system built around the product as "the ⁠most powerful AI supercomputer in the world."

Investing.com -- oogle on Tuesday unveiled three new artificial intelligence models, including its most capable Flash model to date and a cybersecurity-focused system, as the tech giant steps up competition with OpenAI and Anthropic in the rapidly evolving AI market.

Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space ‌in the country and signaling plans to broaden its offerings in the future. The Samsung Galaxy ‌Card, issued by Barclays and running on Visa's network, will allow users to apply, manage accounts, track spending and redeem ​rewards entirely through Samsung Wallet. The credit card launch also puts Samsung in direct competition with Apple Pay, which dominates payment services in the U.S. The launch comes as technology companies and banks race ‌to deepen ties between digital wallets ⁠and financial products, seeking to make smartphones the primary device for payments and money management, and both Samsung and Barclays want to capitalize on it.

(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops

Asian shares skidded Friday, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while U.S. futures slipped.

Unveiling marks the company’s first global vehicle launch outside China as it steps up expansion in Europe and other overseas markets amid intensifying competition at home.

Uber stock was slightly higher after the company announced a deal for Delivery Hero, following weeks of negotiations.

Snowflake on Thursday unveiled a compensation package worth up to roughly $448 million for CEO ‌Sridhar Ramaswamy, hinging on the cloud-based data analytics ‌platform's market value almost doubling to $184 billion in seven years. Ramaswamy's award, ​totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is designed to retain him as CEO until September 15, 2030. Snowflake has been benefiting ‌from clients shifting ⁠their workloads to its cloud platform as they invest to develop AI tools.

The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.

China launched and partially recovered a rocket, a milestone for Beijing’s space program as it competes with the U.S. and Elon Musk’s SpaceX.

By Rishika Sadam July 9 (Reuters) - Danish drugmaker Novo Nordisk launched its weekly basal insulin injection, Awiqli, in India on Thursday, aiming to compete with daily-dose options on the market. 

SpaceXAI on Wednesday launched the Grok 4.5 AI model, calling it the company's most intelligent offering to date designed ‌for coding and agentic tasks. Here are some details: • SpaceXAI said Grok 4.5 ‌was trained across tens of thousands of Nvidia GB300 graphics processing units, with a focus ​on meticulous data filtering, deduplication and quality scoring. "We've partnered with SpaceXAI to train Grok 4.5," popular AI coding agent Cursor said.

Investing.com -- Funds managed by Blue Owl Capital on Wednesday launched Kirkwood Infrastructure Group, a new fiber and communications infrastructure company, as rising investment in artificial intelligence and hyperscale data centers fuels demand for high-capacity digital networks across the United States.

It was only a matter of time. Eventually someone would want a piece of $488 billion-in-assets Invesco QQQ Trust ETF.

For the first time, investors outside the United States can use tokenized stocks as collateral to trade perpetual futures on U.S. equities, without a traditional brokerage account. Ondo Perps, a new decentralized perpetual futures platform built on technology developed by Ondo Finance, launched on ...

Investing.com -- Amazon.com Inc (NASDAQ:AMZN) started an eight-part U.S. investment grade bond sale on Tuesday, aiming to raise at least $25 billion.

Monster Beverage (MNST) shares have spent the summer moving toward record highs, and Morgan Stanley just gave investors a fresh reason to keep watching. The bank reiterated its Overweight rating and $103 price target on the energy drink maker this week. Morgan Stanley is standing by a call it has ...