Duncan Riley
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Tesla expects 2025 growth despite missing estimates in fourth quarter
Shares of Tesla Inc. climbed somewhat in after-hours trading today after the electrical auto manufacturer and power business anticipated a go back to development in 2025 regardless…
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Tesla expects 2025 growth despite missing estimates in fourth quarter
Shares of Tesla Inc. rose slightly in after-hours trading today after the electric car maker and energy company forecast a return to growth in 2025 despite falling short of expecta…
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Despite turning profitable, Lyft sees shares drop 10% on earnings miss and weak outlook
Shares of Lyft Inc. went down over 10% in late trading today after the ride-hailing firm disappointed incomes in its monetary 2024 4th quarter and dissatisfied capitalists with a l…
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Archer Aviation raises $300M from Blackrock to expand defense sector focus
Electric upright departure and touchdown airplane firm Archer Air travel Inc. revealed today that it has actually increased $300 million in brand-new financing through an equity fu…
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Lyft reportedly plans to deploy Mobileye-powered robotaxis by 2026
Riding-hailing firm Lyft Inc. is supposedly readied to release a fleet of robotaxis powered by Mobileye Global Inc. by 2026 as the firm looks for to take on comparable arising solu…
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GM lays off half of Cruise employees as it shifts focus to advanced driver assistance
General Motors Co. is reducing regarding 50% of the labor force of its previous Cruise ship self-driving cars and truck system simply reluctant of 2 months after it introduced it w…
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Drone defense startup Hidden Level raises $65M for growth and security initiatives
Drone protection start-up Hidden Degree Inc. revealed today that it has actually elevated $65 million in brand-new financing to range production, increase its head count, sustain p…
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Tesla expects 2025 growth despite missing estimates in fourth quarter
Shares of Tesla Inc. rose slightly in after-hours trading today after the electric car maker and energy company forecast a return to growth in 2025 despite falling short of expecta…
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$1.5B in cryptocurrency stolen from Bybit in attack linked to North Korean hackers
Dubai-based cryptocurrency exchange Bybit Innovation Ltd. has actually been hacked, with some $1.5 billion in cryptocurrency taken in what is thought to be the biggest solitary bur…
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Akamai reports quarterly revenue increase but guidance misses forecast
Shares in Akamai Technologies Inc. dropped greater than 7% in late trading today after the material shipment network company failed on its expectation in spite of reporting beats i…