Tesla just announced plans to spend over $25 billion this year—more than three times what it spent in 2025 and higher than its previous estimate of $20 billion. The market didn’t like the news. Shares dropped over 3% after the announcement, even though Tesla posted a strong $1. 44 billion profit in
The town’s Select Board and Finance Committee met to decide how much money would go toward new projects. They looked at the town’s total budget of $34. 66 million, which is about $1. 83 million less than last year’s amount. A big part of that money, 57 percent or $16. 47 million, is for the lo
The economy is showing signs of strong growth, especially in the housing sector. A recent discussion highlighted three key indicators that are moving in a positive direction: pending home sales, existing home sales, and new housing starts. All three have been on the rise, suggesting that buyers are
Oracle's stock took a big hit recently. It dropped the most since January. Why? The company is spending a lot on AI and data centers. This spending is growing fast. But it's not turning into cloud profits as quickly as investors hoped. In the last quarter, Oracle spent about $12 billion on capital
Brad Lin, an analyst from Bank of America Securities, is really positive about Taiwan Semiconductor Manufacturing (TSM). He's even increased their price target to $215. 00. Why all the excitement? TSM had a fantastic third quarter, with earnings that beat everyone's expectations, including Lin's. Th
Planet Labs, the company aiming to capture Earth's every detail from space, took a nosedive on Friday. Shares plummeted 11% after the company reported missing earnings expectations for the second quarter of fiscal year 2025 and offered a revenue forecast for the next quarter that fell short of what
