With the potential return of Donald Trump for a second term in the US presidency, the landscape of space exploration is poised for significant developments. Elon Musk, a prominent figure in the space industry, stands to benefit from his relationship with Trump and his administration. The collaboration between Musk and Trump could pave the way for ambitious projects, including sending humans to … [Read more...]

Donald Trump's victory in the election had a significant effect on the stock market, particularly in the tech sector. Let's delve into the winners and losers among Big Tech companies based on the market's response to Trump's win. Apple's Potential Challenges Apple seems to be facing potential challenges following Trump's win, especially with his proposed tariffs on Chinese … [Read more...]

Airbnb recently disclosed its earnings post-market closure on Thursday, unveiling intriguing insights into its growth trajectory. CEO Brian Chesky highlighted various areas of expansion for the company. Moreover, he hinted at a significant shift beyond short-term rentals slated for public announcement in 2025. Revenue Growth and Strategic Moves The third-quarter earnings report of Airbnb … [Read more...]

Amazon, Google, Meta, and Microsoft are gearing up to make substantial investments in AI, with estimated capital expenditures reaching $300 billion next year. According to projections by Morgan Stanley, this figure is expected to surge even further in 2026. Focus on Fixed Assets The bulk of these capital expenditures will be directed towards fixed assets like data centers and real estate. These … [Read more...]

In a recent all-hands meeting, Amazon CEO Andy Jassy addressed rumors surrounding the company's Return-To-Office (RTO) policy, emphasizing that it is not a disguised layoff strategy. Speculations and Clarifications Despite employee speculation suggesting that Amazon's strict RTO policy could be a covert method of reducing the workforce, Jassy dismissed these claims during the internal … [Read more...]

Chip giant Nvidia has set its sights on revolutionizing healthcare by introducing robots to hospitals. Kimberly Powell, Nvidia's VP of healthcare, recently unveiled the tech giant's ambitious plans to leverage AI for healthcare transformation, which includes the integration of robots into health systems. Nvidia's Push for "Physical AI" in Hospitals Nvidia aims to introduce … [Read more...]

Elon Musk, despite not being a politician, has emerged as a significant figure in American politics, particularly in the context of the upcoming 2024 US elections. His endorsement of Republican candidate Donald Trump has further solidified his influence. In a recent video podcast, journalists from Politico and Business Insider delve into the ways in which Musk is reshaping the political landscape … [Read more...]

Amazon CEO Andy Jassy emphasized Amazon's AI investments during the third-quarter earnings call. Amazon Web Services: The Cornerstone of Amazon's AI Strategy During Amazon's recent third-quarter earnings call, CEO Andy Jassy highlighted Amazon Web Services (AWS) as the key to Amazon's AI success. Jassy defended the company's aggressive AI investments, which led to Amazon … [Read more...]

Jesse Levinson, the cofounder of Zoox, an Amazon-backed robotaxi company, expressed his reservations about Tesla's Full Self-Driving mode during the TechCrunch Disrupt conference. Levinson, who also owns a Tesla, highlighted the potential stress and safety issues associated with using the FSD technology. Concerns About Complacency and Safety Levinson admitted that while Tesla's Full … [Read more...]

A former employee of Avenue Capital, engaged in a legal battle with billionaire boss Marc Lasry, alleges that she was offered a $5 million settlement without the involvement of an attorney. Marc Lasry is in charge of the New York-based Avenue Capital. Allegations and Counterclaims The former fundraiser of Avenue Capital, Gina Strum, asserts that Marc Lasry proposed a $5 million settlement to her … [Read more...]