Dan Niles sees room for growth for Meta Platforms, says NVIDA an AI beneficiary

MP Materials (MP) trade down after Tesla (TSLA) announces EV motor with no rare earth metals

March 1, 2023 6:57 PM EST

Tesla (NASDAQ: TSLA) and CEO Elon Musk held the companys investor day on Wednesday, where the company announced the Tesla has designed a permanent magnet motor that does not use any rare earth materials at all.

Rare earth metals, such as neodymium, dysprosium,... More

Elon Musk speaks on his 'Master Plan' for a future of sustainable energy at Tesla's (TSLA) investor day

March 1, 2023 6:20 PM EST

Elon Musk and Tesla (NASDAQ: TSLA) held their 2023 investor day today. Musk opened with a presentation of "Master Plan 3", focused on creating a future with sustainable energy.

According to the presentation, in our current combustion energy-based economy, 80% of global energy comes from fossil fuels. However, only 1/3rd of global energy is converted to use for work or heat.

Elon Musk stated during the presentation that, The thing that is needed at a very... More

Tesla (TSLA) working on revamped Model Y

March 1, 2023 7:38 AM EST

Reuters reports Wednesday, citing three people familiar with the matter, that electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) is readying a production revamp of its top-selling Model Y.

The changes to the Model Y code-named Project Juniper at Tesla - involve the exterior and interior of the crossover electric vehicle... More

Tesla (TSLA) suffers from aging product line as sales slow in China

February 28, 2023 10:31 AM EST

Data from China Merchants Bank International showed Tuesday that Teslas (NASDAQ: TSLA) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating a bump from discounted prices in its biggest overseas market is waning.

According to the data, the electric vehicle maker nearly... More

Mexico announces new Tesla (TSLA) plant to be built in Monterrey

February 28, 2023 10:19 AM EST

Mexican President Andres Manuel Lopez Obrador announced Tuesday morning that the government has reached an agreement with electric vehicle maker, Tesla (NASDAQ: TSLA) over the company's plan to build a new plant in the northern city of Monterrey.

Speaking at a news... More

Dan Niles thinks NVIDIA (NVDA) will benefit from AI

February 27, 2023 12:13 PM EST

(Updated - February 27, 2023 12:47 PM EST)

(Updated - February 27, 2023 12:37 PM EST)

(Updated - February 27, 2023 12:14 PM EST)

Dan Niles, Founder and Senior Portfolio Manager for the Satori Fund, Begins Interview with Investing.com and StreetInsider.com on Twitter... More

Meta heats up Big Tech's AI arms race with new language model

February 24, 2023 11:24 AM EST

By Yuvraj Malik and Katie Paul

(Reuters) - Meta Platforms Inc said on Friday it was releasing to researchers a new large language model, the core software of a new artificial intelligence system, heating up an AI arms race as Big Tech companies rush to integrate the technology into their products and impress investors.

The public battle to dominate the AI technology space kicked off late last year with the launch of Microsoft-backed OpenAI's ChatGPT and prompted tech heavyweights from Alphabet Inc to China's Baidu Inc to trumpet their own offerings.

Meta's LLaMA, short for Large... More

Meta Platforms (META) option implied volatility near low end of range as shares down 2%

February 24, 2023 11:21 AM EST

Meta Platforms (NASDAQ: META) 30-day option implied volatility is at 42; compared to its 52-week range of 37 to 79.

... More

Meta (META) Introducing Large Language Model For AI Called `Llama' - Bloomberg

February 24, 2023 11:14 AM EST

Meta (NASDAQ: META) Introducing Large Language Model For AI Called `Llama' - Bloomberg

Says Llama Is Not Being Used In Products At This Time... More