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Brake problems in GM EVs draw greater federal scrutiny
TechCrunch·17 hours ago
- The National Highway Traffic Safety Administration upgraded its investigation into General Motors electric and non-electric vehicles to an engineering analysis due to potential brake system failures. - The probe covers more than 1 million vehicles equipped with the eBoost brake-by-wire system, following hundreds of incidents, over 20 crashes or fires, and at least 6 injuries. - The regulatory agency is conducting further analysis because recent reports of immediate brake assist loss are inconsistent with GM's previous findings regarding spindle fractures.
GM-1.08%
Over 1.1 million GM vehicles, including EVs, are under NHTSA investigation
Electrek·12 hours ago
- The National Highway Traffic Safety Administration expanded its investigation to over 1.1 million GM vehicles, including electric vehicles and models built for Honda. - The inquiry follows driver complaints regarding a sudden loss of brake assist and subsequent "Brake System Failure" warning messages. - The agency's Office of Defects Investigation initially opened a preliminary evaluation on April 11, 2026, after receiving multiple reports involving 2023 Cadillac Lyriq models.
GM-1.08%
NVLink Fusion from NVIDIA drives XPU AI Factories to new heights, integrating XPUs for hyperscalers.
Unusual Whales·15 hours ago
NVDA-2.91%NVDL-5.86%
SiFive Paves the Path to Accelerated Adoption of RISC-V in the Datacenter with the BigSky Development Server
Unusual Whales·18 hours ago
NVDA-2.91%NVD+6.03%
Tesla confirms Cybercab launch coming next week
Electrek·14 hours ago
- Tesla confirmed it will host an invite-only Cybercab launch event in Austin on September 3, 2026, while also providing a livestream for the public. - The new vehicle is a two-seat car featuring no steering wheel, which will join Tesla's existing unsupervised Robotaxi fleet of approximately two dozen vehicles operating in Austin. - Winners of the rider sweepstakes will gain exclusive access to hail the Cybercab through Tesla's existing Robotaxi app.
TSLA-3.83%TSL-4.85%
SpaceXAI selects NVIDIA Vera CPU for AI growth, deploying on orbital missions, aiming to advance AI applications.
Unusual Whales·14 hours ago
NVDA-2.91%NVDX-5.79%
22:15 ETLa marca de mini PCs VZMORE debuta mundialmente en ShowStoppers @ IFA 2026
prnewswire·5 hours ago
- German mini PC brand VZMORE makes its global debut at ShowStoppers @ IFA 2026, showcasing four flagship products equipped with advanced AMD and Intel processors. - The company introduces its proprietary V-Cooling™ thermal architecture across the lineup to improve heat dissipation efficiency and maintain stable performance under heavy workloads. - The global release of these four new mini PC models is scheduled for mid-October 2026, with final configurations and pricing to be announced closer to launch.
INTC-3.12%AMD-3.49%
Canada Hits Back with 50% Tariffs: Ford (F) and GM (GM) Are Back in the Trade Crossfire
Tip Ranks·1 day ago, 06:55 AM
- Canada is imposing retaliatory tariffs on U.S. goods starting September 8 in response to new U.S. duties of 50 % on approximately $ 20 billion of Canadian exports. - The trade dispute threatens automakers like Ford and General Motors by excluding certain Canadian-made trucks from favorable tariff treatment and disrupting integrated supply chains. - Canada plans to announce support measures for affected industries and detail the specific American products facing retaliation as trade talks remain frozen.
F-C0.00%F-3.33%
Nvidia Earnings: Wall Street Expects Growth to Slow in Q2 — Dan Niles Says Hyperscalers Are Spending Like Never Before
benzinga_article·12 hours ago
- Investor Dan Niles stated that Nvidia’s growth expectations may be conservative due to hyperscaler capital expenditures growing 92 % year-over-year in the quarter ending June 30. - Wall Street projects Nvidia's second-quarter revenue to reach $92.03 billion and earnings per share to hit $2.07. - Niles noted that Nvidia trades at 17 times projected 2027 earnings, presenting a favorable risk-reward setup despite local political headwinds against data centers.
NVDA-2.91%NVD+6.03%
Varma Mutual Pension Insurance Co Acquires New Position in General Motors Company $GM
Market Beat·21 hours ago
- General Motors reported strong quarterly financial results with $3.57 earnings per share on $48.03 billion in revenue, outperforming analyst expectations. - Institutional investors like Varma Mutual Pension Insurance Co acquired new stakes, while several top executives executed pre-arranged share sales. - The automaker faces mixed developments, including raised analyst earnings forecasts, a new NHTSA safety probe, and competitive pressure from Toyota in U.S. sales.
GM-1.08%
AMD or Nvidia: Load Up on One AI Chip Stock, but Avoid the Other, Says Investor
Tip Ranks·18 hours ago
- Investor Elizabeth Pramila argues that AMD is poised to outperform Nvidia in the coming years by capturing AI spending through efficiency, flexibility, customization, and cost-effective inference. - The investment thesis highlights that AMD's MI400 GPUs, Helios rack-scale platform, and sixth-generation EPYC server CPUs provide competitive alternatives that appeal to major cloud providers and AI labs. - Pramila rates AMD as a Strong Buy with an average price target of $647.42 pointing toward 37% returns, while maintaining a Strong Sell rating on Nvidia despite Wall Street's consensus Strong Buy for both stocks.
NVDA-2.91%AMD-3.49%
Tesla to inaugurate new Semi factory in Nevada next month
Electrek·6 hours ago
- Tesla announced the official inauguration of its new Semi factory in Nevada scheduled for September 24 2026. - The dedicated facility was built next to Gigafactory Nevada as part of a $3.6 billion expansion announced in early 2023. - The plant is designed to achieve an annual production capacity of 50,000 electric trucks, following the start of volume production in April.
TSLA-3.83%TSDD+7.70%
22:36 ETAdvantech Unveils Qualcomm® Dragonwing™ IQ9-Based Solutions for Industrial Vision Intelligence
prnewswire·1 day ago, 09:38 PM
- Advantech announced its new edge AI solutions powered by the Qualcomm Dragonwing IQ-9075 processor for industrial vision intelligence. - These platforms deliver up to 100 TOPS AI performance and support up to 16 concurrent cameras to enable real-time vision reasoning. - The new hardware lineup includes the AOM-6741 SMARC module, ASR-A503/AFE-A503 robotic controllers, and AIR-055 edge AI system.
QCOM-1.38%QCMU-2.84%
Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·3 hours ago
- President Donald Trump purchased between $15,001 and $50,000 in SpaceX shares on June 23, 2026, following the company's record $1.77 trillion IPO. - The financial disclosure also revealed numerous other stock trades in June 2026, including investments in Berkshire Hathaway and sales of major tech stocks like Nvidia and Tesla. - The White House stated that third-party financial institutions independently manage Trump’s portfolio without any direction or influence from him or his family.
NVDA-2.91%TSLA-3.83%
How to Play MRVL Stock Now as Marvell Technology Expands Its Relationship With Google
Barchart Option·1 day ago, 01:37 PM
MRVL-3.27%MVLL-6.76%