News
Sandisk Stock Nearly Triples in Record Quarter
23+ hour, 11+ min ago (424+ words) The massive demand for flash memory in AI chips is creating lots of good memories for Sandisk shareholders. If you've been thinking about replacing your suddenly sputtering laptop, sooner might be better than later. An AI-driven run on flash computer…...
Rivian’s E-Bike Spinoff Scores Billion-Dollar Valuation
1+ day, 23+ hour ago (429+ words) The e-bike industry has spent the last year in a Chapter 11 shredder, but a new "War Economy" at the pump is changing the math. Achieving unicorn status, once rare, is now as easy as riding a bike " provided that bike…...
There’s a Clear Winner from the Shutdown’s Disruptive Airport Delays
2+ day, 23+ hour ago (422+ words) Clear has gained a cult following of travelers who like to show up for flights five minutes before boarding. Downloads of the Clear app climbed toward 300,000 for March, when the shutdown started sowing chaos at airports, Sensor Tower found. That's…...
Lower Prices Scramble Outlook for Egg Giant Cal-Maine
2+ day, 23+ hour ago (387+ words) America's largest egg producer is about to find out if Wall Street likes its eggs scrambled or over easy." As egg prices continue to bottom out, so has Cal-Maine's share price. During its third-quarter earnings call tomorrow, executives will continue…...
Can Paramount and Warner Bros. Defy History of Lackluster Hollywood Mergers?
1+ week, 4+ day ago (1032+ words) If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway. That's all, folks. Well, maybe. With Netflix bowing out of the bidding war for…...
Uber Revs Up Rivian Robotaxis with $1.25 Billion Agreement
1+ week, 6+ day ago (488+ words) In addition to its Rivian deal, Uber has a $300 million partnership with EV-maker Lucid for at least 20,000 robotaxis. Apparently, the "quiet preferred" option isn't enough for less chatty Uber riders. Uber said Thursday it'll spend at least $300 million adding Rivian's…...
Wanna Bet? MLB Makes Polymarket Its Official Predictions Market Partner
1+ week, 6+ day ago (465+ words) MLB Commissioner Rob Manfred pitched prediction markets Thursday as potentially more immune to illegal behavior than online sportsbooks. As far as baseball surprises go, this one was a little more predictable than the all-star-stacked Team USA losing the World Baseball…...
K-Shaped Buffer Helps Delta Soar Above Airline Industry’s Fuel Price Woes
2+ week, 1+ day ago (412+ words) The airline'raised its revenue guidance on Tuesday to high-single-digit growth through March from the previously reported 5-7% growth. Delta, American Airlines and United Airlines have customers who can afford to fly even when prices increase, unlike many of their budget-carrier peers....
Tesla’s $4.3 Billion Not-so-Secret Is Officially Out
2+ week, 1+ day ago (443+ words) The battery cells Tesla is buying will be produced at a plant in Lansing, Michigan, previously run by LG and General Motors. Last July, South Korea's LG Energy Solution said it inked a $4.3 billion contract to supply batteries to " someone....
Live Nation Settlement with DOJ Stirs ‘Bad Blood’ with State-Level Skeptics
3+ week, 2+ day ago (394+ words) The entertainment industry's trial of the century started with a bang and ended with a whimper." According to sources who spoke to The New York Times, the settlement agreement calls for Live Nation to let venues use multiple ticket vendors…...