Elon Musk is probably getting a little nervous
Elon Musk sounded nervous during Tesla’s earnings call Tuesday. Tesla on Tuesday had a lackluster earnings report that revealed the electric-vehicle maker once again missed investor expectations. And Elon Musk is probably a little nervous. Though the automaker had slightly better-than-expected revenue, the second-quarter earnings showed Tesla’s adjusted earnings margin dropped from 18.7% to 14.4%…
Dramatic footage appears to show a Ukrainian missile taking out a prized Russian jet
A Russian Su-25 fighter jet, left, and the puff of flame and smoke, right, resulting from one being shot down on July 23, 2024, Ukraine claims. Ukraine shared dramatic footage that it claims shows the downing of a Russian Su-25 military jet. Ukraine’s 110th Separate Mechanized Brigade posted the footage on its social channels on…
Nasdaq tumbles 3% in worst day of the year amid tech-earnings rout
A trader at the New York Stock Exchange puts his hand on his face in September 2008. The technology sector led US stocks lower Wednesday, with the Nasdaq plunging 3% as it headed for its worst trading day of the year. Investors fled the tech sector amid disappointing earnings on Tuesday, with Tesla missing estimates…
Read the memo from CrowdStrike explaining how its update broke the world’s computers
CrowdStrike’s outage on Friday affected business operations worldwide and forced some airports to write flight information on whiteboards Many of the world’s airlines, banks, and retailers came to a grinding halt last Friday after a faulty update caused a global Microsoft IT outage. Now the cybersecurity firm behind the update, CrowdStrike, is explaining what happened….
Rivian’s CEO has a theory for the slowdown in EV growth
Rivian CEO RJ Scaringe explained his theory on the EV slowdown in an interview with The Verge released Monday. Rivian CEO RJ Scaringe says the EV industry may be growing at a slower pace — but it’s still growing. In an interview with The Verge published Monday, the CEO said there’s bias skewing conversations about…
JD Vance breaks polling records in the worst way
JD Vance has long polled behind other Republicans. Vice presidential candidates typically receive a ratings bump after their party’s convention, but JD Vance is bucking the tradition. On the heels of last week’s Republican National Convention, the Ohio senator is the least-liked vice presidential candidate since 1980, according to a polling analysis by CNN, which…
These business leaders and billionaires are backing Kamala Harris
Vice President Kamala Harris on Tuesday in Milwaukee at her first campaign rally. Vice President Kamala Harris looks set to win the Democratic presidential nomination. She has already received several influential political endorsements, including the support of President Joe Biden. Within 24 hours of Biden dropping his reelection bid, Harris had secured enough delegates for…
Kamala Harris and Doug Emhoff could become a history-making president and first gentleman. Here’s a timeline of their relationship.
Vice President Kamala Harris and second gentleman Doug Emhoff. Vice President Kamala Harris and second gentleman Doug Emhoff could become the next president and first gentleman of the United States. When President Joe Biden announced his exit from the 2024 race on Sunday, he also endorsed Harris to replace him as the Democratic nominee. The…
Delta has to manually reset each computer system affected by the mass IT outage
Delta Air Lines has canceled hundreds of flights four days after the technology issues caused by a flawed update issued by CrowdStrike Delta Air Lines is canceling hundreds of flights four days on from a mass IT outage connected to a defective update issued by the Texas-based cybersecurity firm CrowdStrike. As most airlines began to…
