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The most independent states, Tesla rebounds, and hotter than Nvidia: The week's most popular stories
Plus, Trump Media gets a $105 million cash infusion as it expects to keep losing money
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Independence is kind of a big deal to Americans — it’s the bedrock of the United States, the reason why it was founded. But which of the 50 states is the most independent?
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Nvidia has undoubtedly been one of the biggest winners of the artificial intelligence boom, delivering record earnings and a soaring stock performance so far this year.
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Tesla’s stock continued to rally after the electric vehicle-maker reported better-than-expected deliveries for the second quarter of 2024.
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The company behind Donald Trump’s Truth Social just raked in a solid chunk of change.
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6 / 19
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The stocks of pharmaceutical giants Novo Nordisk and Eli Lilly both took a hit after President Joe Biden called on the drug makers to cut the prices of their blockbuster diabetes and weight loss drugs.
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Turbulence can be a scary thing on an airplane. A flight from London to Singapore recently saw one passenger die and dozens of others get injured. Zooming out, the turbulence tracking site Turbli went over its weather-based data and parsed the quakiest routes the world over for 2023.
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EV fires, while severe, aren’t as common as some naysayers predicted when electric power first started gaining popularity. So when a pattern in EV fires starts to emerge — say, when Rivian vans keep catching fire at Amazon distribution centers — one starts to wonder why.
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CDK Global says its dealer management system should be back online soon, or about two weeks after the software provider was hit with back-to-back cyberattacks last month.
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As Tesla’s stock is surging, Ark Invest, led by Cathie Wood, has made significant adjustments to its portfolio by selling off a substantial number of Tesla shares.
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General Motors reported its best quarter since 2020, saying it had record electric vehicle sales.
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12 / 19
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Flight attendants for American Airlines are still inching their way towards a strike. The Association of Professional Flight Attendants, their union, announced that they still don’t have a deal with the carrier despite a last-minute mediation session this weekend.
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As artificial intelligence takes off, so has demand for the chips powering the technology. Chipmaker Nvidia, which recently entered the $3 trillion market cap club with Microsoft and Apple, has seen its stock soar this year, jumping 156.5% amid the AI boom.
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Chewy stock climbed as much as 20%, thanks to a newly-disclosed show of support from meme stock booster “Roaring Kitty.”
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The Biden administration has made the first CHIPS Act investment in a women- and minority-owned chip company.
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The struggling California electric vehicle startup Fisker is asking the court overseeing its bankruptcy case for permission to sell its remaining EVs for about $14,000 — a nearly 80% discount off the original price of its flagship models.
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Generation Z believes that the economy is so stacked against them that committing fraud is justified, according to a new report.
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18 / 19
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Software provider CDK Global has been slapped with at least eight lawsuits in federal court since a pair of cyberattacks took its dealer management service offline — and likely exposed the personal information of tens of thousands of people.
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