Tesla confirms Cybercab launch coming next week
Electrek·- 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.22:15 ETLa marca de mini PCs VZMORE debuta mundialmente en ShowStoppers @ IFA 2026
prnewswire·- 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.Nvidia Earnings: Wall Street Expects Growth to Slow in Q2 — Dan Niles Says Hyperscalers Are Spending Like Never Before
benzinga_article·- 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.AMD or Nvidia: Load Up on One AI Chip Stock, but Avoid the Other, Says Investor
Tip Ranks·- 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.Tesla to inaugurate new Semi factory in Nevada next month
Electrek·- 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.Amazon hikes hardware prices by 60 percent, blaming memory shortage
TechCrunch·- Amazon significantly increased the prices of hardware devices like Fire TVs, Echos, Kindles, and Eeros by up to 60 percent over the weekend. - The company attributed the price hikes to rising memory and storage component costs driven by the global memory shortage. - This shortage, fueled by the AI boom, is expected to continue throughout 2027 before prices potentially stabilize in 2028.Micron Sees 'No End' to AI Memory Supply Crunch: CEO Sanjay Mehrotra Says 'Nothing Ever Goes in a Straight Line'
benzinga_article·- Micron Technology CEO Sanjay Mehrotra stated that artificial intelligence-driven memory demand shows no sign of easing, supported by multiyear customer agreements signaling a structural boom. - Analysts note that the memory market has become foundational rather than cyclical, with demand-to-supply ratios estimated at roughly 15 to 1 and meaningful production relief unlikely before 2028. - While Micron announced a $10 billion investment in Micron Research Labs to advance AI technologies, dissenting voices like ARK Invest caution that extraordinary pricing could eventually invite new competition.Turtle Creek Wealth Advisors LLC Acquires 2,496 Shares of Meta Platforms, Inc. $META
Market Beat·- Meta Platforms reported second-quarter revenue of $60.80 billion, representing a 28.0% year-over-year increase alongside an earnings per share of $6.18. - Institutional investors and hedge funds, including Turtle Creek Wealth Advisors LLC and Vanguard Group Inc., adjusted their shareholdings in the company during recent quarters. - The company faces ongoing legal challenges, insider stock sales, and market concerns over capital spending, while continuing to launch new artificial intelligence products and services.Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·- 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.