Musk's Share Purchase Ignites Tesla Stock Rally
Elon Musk bought $1B in Tesla stock, his first since 2020, sending shares soaring. This "vote of confidence" boosts the company amidst challenges, with hopes for AI & robotaxis to add $1T to its value.
Elon Musk bought $1B in Tesla stock, his first since 2020, sending shares soaring. This "vote of confidence" boosts the company amidst challenges, with hopes for AI & robotaxis to add $1T to its value.
Babcock & Wilcox secures a $1.5 billion agreement to supply one gigawatt of power for Applied Digital’s AI Factory, marking a major step into AI data center energy solutions.
Supermicro shares fell 9% after missing Q1 revenue and profit estimates and issuing a weak outlook. The AI server maker faces margin pressure, delayed contracts, and competition in the growing AI market.
Rivian Automotive reported better-than-expected Q3 2025 results, cutting per-vehicle costs and boosting revenue by 78% as it gears up for its new midsize R2 SUV launch in 2026.