- 12 Sep
Nasdaq Surges on AI Optimism, Investors Await Inflation Data
The Nasdaq Composite closed sharply higher on Monday, led by Tesla, Amazon, and Microsoft. Investors are optimistic about artificial intelligence and are looking to August inflation data due later this week for clues about how close the Federal Reserve is to ending its campaign of interest rate hikes.
- 11 Sep
Tesla’s Dojo Supercomputer Could Boost Market Cap by $600 Billion
Tesla's Dojo supercomputer is expected to give the company a significant advantage in the development of self-driving cars. Morgan Stanley estimates that Dojo could boost Tesla's market capitalization by nearly $600 billion and help the company generate $335 billion in revenue from its network services business by 2040.