Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company’s history as booming demand for artificial intelligence continues to fuel its chips business. …
Today, all three major market indices opened lower. There were many reasons for the market weakness, such as: The 10-year Treasury yield broke through 5.3%, oil prices returned above $100, and the latest Federal Reserve meeting minutes hinted at a …
The FCC has approved SpaceX to deploy up to 15,000 next-generation Starlink satellites, enabling direct-to-cell service with speeds of up to 150 Mbps and full 5G capabilities. The low-Earth orbit constellation (326-335 km altitude) will support supplemental coverage in the …
I think analysts are missing something big by considering AI frontier labs as though they were normal companies making big investments and expecting realistic business outcomes. I want to posit that the AI bubble differs from earlier bubbles because the …
I’m just dumbfounded that KO has pretty high PE ratio of 26 in comparison to Procter and gamble and PepsiCo In this high inflation environment, I’m not sure how KO stock is keep growing. I compared product lines KO vs …
Digital investment platform [Webull](https://www.cnbc.com/quotes/BULL/), which counts [28 million global users](https://www.webull.com/news/15661785982567424), is quietly “tied in structural ways” to China’s government, representing a national security threat to U.S. finance, according to a bipartisan congressional panel’s findings shared exclusively with CNBC. The bipartisan …
It is quite literally the monopolization of ecommerce. There is nothing better, I've used it, I've worked for companies that use it, it's an unbelievable service. There is alternatives like selling on Amazon, but Shopify for individual owners that want …
CEG popped again yesterday on the Google deal, a week after the Amazon one. Every take I see is basically "AI needs power, buy anything with a reactor" so I actually went and read the deal announcements. Neither deal is …
SpaceX is planning a massive $40 billion debt raise to buy Nvidia chips. The financial structure of this deal is quite wild. $40 billion is roughly equal to SpaceX’s entire projected revenue for the year. They are splitting the package …
It is not even close. Zuck simply reiterated Meta’s gigantic distribution moat: “I think one of the things that we’re really good at at Meta is taking a product that works well for consumers and distributing it.” And Muse is …