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Tesla Robotaxi Success Endangered By Regulators
24/7 Wall St.26d agoneutral
Tesla Robotaxi Success Endangered By Regulators

Federal regulators are raising serious questions about whether autonomous vehicles can safely interact with first responders, and their concerns could throw a massive wrench into Tesla's most ambitious moneymaking plan yet.

Why you should care about SK Hynix's IPO
Yahoo Finance Video26d agoneutralVIDEO
Why you should care about SK Hynix's IPO

SK Hynix (SKHY, SKHYV) has officially gone public in the US. Yahoo Finance Executive Editor Brian Sozzi is joined by Breaking News Reporter Jake Conley and Trustless Media founder Zack Guzman to discuss the IPO.

South Korean billionaire's risky bet pays off, as SK Hynix debuts in New York
Reuters26d agoneutral
South Korean billionaire's risky bet pays off, as SK Hynix debuts in New York

When South Korean billionaire Chey Tae-won attends a bell-ringing ceremony on Friday for SK Hynix's $26.5 billion Nasdaq listing, it will mark the ultimate payoff of a bet many once considered risky: buying a loss-making chipmaker that has since become an AI powerhouse. SK ‌Group's 2012 acquisition of Hynix was viewed as problematic even within the business conglomerate: Memory chips are cyclical and capital-intensive, and the company was losing money ‌while trailing Samsung Electronics in market share and technology. But under Chey, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology.

SK Hynix's US listing, Delta earnings, housing bill: What to Watch
Yahoo Finance Video27d agoneutralVIDEO
SK Hynix's US listing, Delta earnings, housing bill: What to Watch

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, July 10, including SK Hynix (000660.KS) making its debut on the Nasdaq, Delta Air Lines (DAL) earnings, monthly sales results from Taiwan Semiconductor Manufacturing Co. (TSM), and the pending approval of Congress' housing affordability bill.

Elon Musk’s AI jobs prediction gets harsh reality check
TheStreet28d agoneutral
Elon Musk’s AI jobs prediction gets harsh reality check

Tesla CEO (TSLA) Elon Musk is back again, pushing one of his boldest claims about the AI boom, in which the technology might eventually make work optional. Musk first made that prediction at the U.S.-Saudi Investment Forum. Sitting alongside Nvidia CEO Jensen Huang, Musk told the crowd, “My ...

SpaceXAI launches Grok 4.5 model for coding, agentic tasks
Reuters28d agoneutral
SpaceXAI launches Grok 4.5 model for coding, agentic tasks

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.

Price Prediction: Can Costco Stock Double by 2032?
24/7 Wall St.28d agoneutral
Price Prediction: Can Costco Stock Double by 2032?

Costco (NASDAQ:COST) keeps quietly compounding while the stock market debates AI and rate cuts. Membership fees hit $1.37 billion last quarter, worldwide renewals sit at 89.7%, and comparable sales just accelerated to 9.8%. Cost stock trades at $950.25, up 10.51% year to date but still 3.18% below where it traded a year ago. Can this ... Price Prediction: Can Costco Stock Double by 2032?

The U.S. Government Is Now Using Anthropic’s AI to Hunt Bugs in Its Own Code
24/7 Wall St.28d agoneutral
The U.S. Government Is Now Using Anthropic’s AI to Hunt Bugs in Its Own Code

On CNBC’s Squawk Box on July 7, 2026, anchors dug into fresh Reuters reporting that the U.S. cyber defense agency is using Anthropic’s Mythos software to audit federal code for vulnerabilities foreign adversaries could exploit. The tool, per that reporting, has already flagged a meaningful number of bugs in government systems. For an industry that ... The U.S. Government Is Now Using Anthropic’s AI to Hunt Bugs in Its Own Code

Perplexity says it plans to use Nvidia's new CPU
Reuters29d agoneutral
Perplexity says it plans to use Nvidia's new CPU

AI startup Perplexity on Tuesday confirmed it plans to use Nvidia's new ‌central processing units, as the chip giant works to ‌broaden its market and take on entrenched players such as Intel and Advanced ​Micro Devices. Nvidia has said it expects to generate $20 billion in sales from its "Vera" CPU, a more generic computing chip than its AI-specific offerings, by the end of this fiscal year. The Vera chips ‌are part of ⁠Nvidia's efforts to diversify sales as artificial intelligence companies such as OpenAI and DeepSeek make their own ⁠AI chips.

Oil’s $100 Threshold: What It Means for Energy Stocks Now
24/7 Wall St.29d agoneutral
Oil’s $100 Threshold: What It Means for Energy Stocks Now

The Number With oil now trading well below the $100 level (and seemingly poised to continue heading lower, after OPEC announced further production increases recently and recessionary concerns pick up), it’s unclear where certain oil stocks are headed. One such name that’s on my radar right now just reported its Q1 2026 earnings in early ... Oil’s $100 Threshold: What It Means for Energy Stocks Now

Exclusive-China's DeepSeek developing its own AI chip, sources say
Reuters29d agoneutral
Exclusive-China's DeepSeek developing its own AI chip, sources say

July 7 () - Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for ‌inference — the stage of AI computing in which a trained model generates responses for users — rather than for training new models, the sources said.