Tesla (TSLA) stock has been on a tear lately, reaching a $1 trillion market capitalization. The company is now bigger than a solid chunk of other major auto companies — combined.

Read more...

Dogecoin was skyrocketing Wednesday after the news that the cryptocurrency’sbiggest cheerleader, Elon Musk, will head up a “Department of Government Efficiency” — effectively a non-government group that will consult on spending.

Read more...

Bernard Arnault, who the Bloomberg Billionaires Index says is the world’s fifth-richest man, is suing Elon Musk, which the index pegs as the richest. The dispute between the two involves an accusation that one of Musk’s companies, the social media platform X (TSLA), republished content from a number of press outlets…

Read more...

Despite a yearslong effort to curb China’s technological advances, a top Microsoft (MSFT) executive is warning that the country is not as far behind as the West might think.

Read more...

Amazon launched its Temu and Shein competitor on Wednesday, offering ultra-low-cost items and trying to entice back customers fleeing the platform for better deals.

Read more...

As reports suggest bankruptcy is on the horizon for Spirit Airlines (SAVE), the company isn’t saying much. In fact, the one thing Spirit Airlines is saying is that it can’t say what’s going on; the company told investors it won’t be able to put together a quarterly earnings filing.

Read more...

The Dow Jones Industrial Average and other stock indexes ticked higher Wednesday as inflation data came in as expected. The Dow was up 222 points, or 0.5%, in afternoon trading. The tech-heavy Nasdaq and the S&P 500 were up 0.3% and 0.4%, respectively.

Read more...

Advanced Micro Devices (AMD) is cutting 4% of its global workforce as it focuses on competition in the artificial intelligence chips space.

Read more...

With Black Friday and Cyber Monday fast approaching, Walmart (WMT) is offering deals across numerous categories.

Read more...

Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.

Read more...