To The Moon

Nvidia's market cap dropped around $500 billion since it became the world's most valuable company.Skittish investors had been awaiting its annual meeting for comments that might reverse the trend.CEO

Numbers top estimates, but miss some loftier expectationsNvidia investors have been betting on continued AI boomNvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew p

$Upstart Holdings, Inc.$ tumbled over 23% in morning trading as its revenue and earnings missed forecasts for the current quarter.It reported a second-quarter net loss of $28.2 million, or 34 cents a share, compared with a loss of $29.9 million, or 36 cents a share, in the year-earlier period. Revenue fell to $136 million from $228.2 million.For the third quarter, it expects $140 million in revenue, while analysts had been anticipating $155 million. The company also models $5 million in adjusted

$XPeng Inc.$ surged over 26% in morning trading.Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.VW will eventually hold a 4.99% stake in the Chinese company via a capital increase and is getting an observer board seat, it said Wednesday. Its Audi premium brand will deepen ties with VW’s long-term partner SAIC Motor Corp Ltd. to also bolster its EV lineup.

Record-breaking delivery and price warTesla has already reported delivery numbers for Q2 2023, easily beating expectations as the effects of the electric-vehicle maker’s price cuts, combined with federal EV tax credits, are boosting sales. For the quarter, Tesla reported global production of 479,700 units with deliveries of 466,140. The delivery figure easily topped Wall Street consensus estimates of 448,599 units, as well as the prior quarter’s total of 422,875. Both production and delivery tot

Investing.com -- Meta Platforms reported Wednesday first-quarter results that topped Wall Street exp

C3’s stock plunges to biggest daily decline on recordC3.ai is using its financial statement ‘as a to

Key pointsTesla was a byword for getting rich in 2020 and 2021But the electric vehicle and battery m

Block (NYSE:SQ) stock gained 12.6% in Thursday after-hours trading after the payment tech company's