Stellantis uses Amazon cloud to cut in-car software development to a day

Shares fall as Tesla (TSLA) announces increased pay for U.S. workers

Shares of electric vehicle giant, Tesla (NASDAQ: TSLA) are trending down more than 1.5% in pre-market trading Thursday morning after it was announced that the company notified workers at its California car plant of pay increases across its US factories.

This announcement marks the latest bump by a nonunion automaker as the United Autoworkers Union (UAW) works to increase membership in the U.S.

Tesla's facility in Fremont, California, has announced a "market adjustment pay... More

Amazon.com (AMZN) PT Raised to $200 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the price target on Amazon.com (NASDAQ: AMZN) to $200.00 (from $190.00) while maintaining a Buy rating.

The analyst comments "We reiterate our positive view on Amazon into 2024. We think that the company is not only well positioned to navigate the current volatile consumer environment (given its scale, platform breadth and greater exposure to essentials and its resilient... More

Stellantis (STLA), BlackBerry (BB) and AWS launch world’s first virtual cockpit

Stellantis (NYSE: STLA), in collaboration with BlackBerry (NYSE: BB) QNX and AWS, launched the worlds first virtual cockpit platform on Tuesday.

This groundbreaking innovation, developed by a Stellantis-led coalition, is part of the automakers Virtual Engineering Workbench (VEW), revolutionizing the delivery of infotainment technology to consumers at a speed 100 times faster than traditional methods.

This advanced... More

Amazon (AMZN) investors will be rewarded in 2024 - Barclays

Barclays said in a brief note Tuesday that tech giant Amazon (NASDAQ: AMZN) is the firm's preferred mega-cap name in 2024.

Analyst Ross Sandler, who has an Overweight rating and a $190 price target on the stock, said new disclosures support their bullish view... More