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Tesla has autonomous ride-hailing service in pipeline: what to know

Check out what’s being clicked on FoxBusiness.com Tesla and CEO Elon Musk this week shared a little more about their vision for the self-driving ride-hailing service the electric vehicle (EV) maker is building. This additional information was announced Tuesday, when the company announced its first-quarter financial results, which included updates on future models, robotaxis, artificial […]

Spotify CEO says layoffs brought ‘more’ disruption than expected but were ‘right strategic decision’

Check out what’s being clicked on FoxBusiness.com Spotify CEO Daniel Ek acknowledged Tuesday that the audio streaming giant’s job cuts in December affected the company’s first-quarter production. Ek described the job cuts during Spotify’s earnings call as a “significant challenge” facing the Sweden-based company. “While there is no question that this was the right strategic […]

Oracle’s Larry Ellison announces plans to move world headquarters to Nashville

UBS Managing Director Jason Katz and Interactive Brokers Strategist Steve Sosnick reveal how investors can navigate the stock market’s conflicting messages in The Craman Countdown . Oracle founder Larry Ellison on Tuesday announced plans to move the software giant’s headquarters to Nashville, Tennessee, adding that it is the center of the health care industry. Ellison […]

Oracle CEO announces plans to move world headquarters to Nashville

UBS Managing Director Jason Katz and Interactive Brokers Strategist Steve Sosnick reveal how investors can navigate the stock market’s conflicting messages in The Craman Countdown . Oracle founder Larry Ellison on Tuesday announced plans to move the software giant’s headquarters to Nashville, Tennessee, adding that it is the center of the health care industry. Ellison […]

Tesla notifies thousands in Texas and California of impending layoffs

“Varney & Company” host Stuart Varney discusses whether Elon Musk’s latest technology bet will pay off for investors. Tesla has notified thousands of employees in two states that they will be laid off in an upcoming round of layoffs. The notifications in California and Texas, where electric vehicle (EV) manufacturers have a large presence, were […]

Amazon introduces $9.99 unlimited grocery delivery subscription with Prime

Laura Martin, senior media and internet analyst at Needham & Company, predicts earnings for Alphabet, Google and Amazon in “Making Money.” Amazon Prime members in the U.S. can order as many grocery deliveries as they like each month for an additional fee and meet a certain amount. For an additional $9.99 per month, Prime members […]

New California would ban line skipping service ‘Clear’ from airports in name of equity

See what’s being clicked on FoxBusiness.com A new bill proposed in California would ban rapid security screening company Clear from operating at the state’s airports, effectively giving wealthy Americans the ability to wait in line to be screened by the Transportation Security Administration. Proponents argue that the service raises fairness issues because it forces passengers […]

Google AI venture to help military with disaster response

XPRIZE Foundation Founder and Executive Chairman Peter Diamandis discusses the pros and cons of AI on “The Claman Countdown.” Ann Artificial intelligence (AI) A Google-backed venture is partnering with the military to use AI to respond to natural disasters. Bellwether, a team that is part of Google’s parent company Alphabet’s X Innovation Hub, said Wednesday: […]

Amazon bringing Prime Air drones to Arizona city

Defiance ETF CEO and CIO Sylvia Jablonski is responding to reports that Amazon and Google are tempering expectations for generative AI to “make money.” Amazon plans to bring Prime Air delivery drones to new U.S. cities this year. The tech giant on Monday identified the West Valley portion of Phoenix as the next U.S. city […]