Elon Musk says Tesla will unveil its robotaxi on Aug. 8; shares pop

Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said in a social media post on X. U.S. News

Reddit shares plunge almost 25% in two days, finish the week below first day close

Reddit shares are plummeting from the rally highs experienced after the social messaging company’s IPO last week. U.S. News

Nvidia shares pop 15% after AI-fueled bumper earnings

Nvidia chips are used to train the huge AI models such as those developed by Microsoft and Meta. International: Top News And Analysis

Palantir shares rocket 25% after revenue beat, strong demand for AI

Shares of Palantir popped Tuesday after the company released fourth-quarter earnings that surpassed analysts’ expectations for revenue. International: Top News And Analysis

Tesla shares poised for worst day since 2020 after automaker warns of slowdown this year

Tesla said vehicle volume growth in 2024 “may be notably lower” than last year’s growth rate. International: Top News And Analysis

Apple shares slip on report U.S. government preparing antitrust lawsuit

The agency’s lawsuit could target how the Apple Watch works exclusively with the iPhone, as well as the company’s iMessage service. International: Top News And Analysis

Bill Gates shares his ‘big hope’ for COP28 as world leaders gather for climate talks

Bill Gates on Friday said he was “definitely glass half-full” when it comes to preventing the worst of what the climate crisis has in store. U.S. News

UBS shares rise 4% as market focuses on strong underlying profit

UBS on Tuesday reported a bigger-than-expected third-quarter net loss of $ 785 million as it works to integrate fallen rival Credit Suisse. International: Top News And Analysis

Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing

Evergrande shares hit an all-time low of 18.8 Hong Kong cents as a judge warned that it could be wound up if the firm does not present a restructuring plan. International: Top News And Analysis

Why billionaire Dustin Moskovitz keeps buying up shares of his software company Asana

Asana CEO Dustin Moskovitz has taken an unusually large equity position in his company after the stock plummeted from its 2021 high. U.S. News

Shares of Manchester United pop in premarket trade after Qatar media hints at takeover bid ‘success’

Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to be successful with his takeover bid. International: Top News And Analysis

Chinese Tesla rival shares dive 11% after it forecasts a plunge in car deliveries

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups. International: Top News And Analysis