Daily Crunch: It’s AI day for Tesla, but we’re here for the cringey texts
source link: https://finance.yahoo.com/news/daily-crunch-ai-day-tesla-220542159.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
It’s AI day for Tesla, but we’re here for the cringey texts
S&P 500
3,585.62-54.85(-1.51%)Dow 30
28,725.51-500.10(-1.71%)Nasdaq
10,575.62-161.89(-1.51%)Russell 2000
1,664.72-10.21(-0.61%)Crude Oil
79.74-1.49(-1.83%)- 1,668.30-0.30(-0.02%)
Silver
19.01+0.30(+1.62%)EUR/USD
0.9801-0.0018(-0.19%)10-Yr Bond
3.8040+0.0570(+1.52%)GBP/USD
1.1166+0.0043(+0.38%)USD/JPY
144.7200+0.2770(+0.19%)BTC-USD
19,337.47-139.49(-0.72%)CMC Crypto 200
443.49+0.06(+0.01%)FTSE 100
6,893.81+12.22(+0.18%)Nikkei 225
25,937.21-484.84(-1.83%)
Daily Crunch: It’s AI day for Tesla, but we’re here for the cringey texts
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.
Happy Friday! We don’t know about you, but we are both ready for some R&R after ploughing through a wall of deep-cringe texts from the Musk/Twitter trial. We hope you get some, too, this weekend.
This afternoon, Tesla is running its second AI day. Last year’s was a hoot, and we have some predictions for what’s coming down the pipe today, too. — Christine and Haje
The TechCrunch Top 3
Under attack: Microsoft confirmed that it “is aware” of some attacks to its Exchange server. Carly is staying on top of the story and reports that there is “no immediate fix.”
Eyeing that sweet capital: Manish has a scoop that Uniswap Labs, a decentralized exchange, is going after over $100 million in new funding.
Stream on: YouTube TV is offering a new à la carte option that enables subscribers to purchase stand-alone networks without subscribing to the full channel lineup in its Base plan, Lauren reports.
Startups and VC
When insurtech company Metromile went public via a special purpose acquisition company (SPAC) in February last year, it was valued at over $1 billion. A year and five months later, Lemonade acquired the company for less than $145 million. And yet, things aren’t as bleak as they might seem, Anna reports.
This year, 40% of the world’s population will play games, with total spending nearing $200 billion. The purveyors of web3 want a slice of this gargantuan market, Rita reports. She writes that criticisms of the first generation of crypto games have been well documented, so the question for developers now is what decentralized games should look like.
Let’s do a few more, shall we? Go on, then:
Yeah, that didn’t work: Catherine reports that TestGrid is a “one-stop shop” for testing apps at scale.
There’s a bit of a whiff about this: GV aims to help build a company that can sniff out disease, literally, reports Connie.
A bitter pill: Natasha M reports that Truepill, a digital health unicorn, conducted its fourth round of layoffs in 2022.
To da moon: Natasha M and Kyle give us the biggest moonshots from 500 Global’s latest Demo Day .
Ever so surprised: Ingrid reports that Everstores, an OpenStore-style D2C Shopify aggregator out of Europe, emerges from stealth with €18 million in funding.
- CNW Group
GITEX GLOBAL 2022 gathers world's leaders to challenge and collaborate in the Web 3.0 economy
Dubai will transform into the ultimate digital epicentre of the world next month, as the UAE hosts GITEX GLOBAL, the world's largest tech show, converging the most advanced companies and best minds to deep dive into the making of the Web 3.0 economy.
22h ago - Bloomberg
EV Startup Arrival in Talks on Funds to Unlock US Market
(Bloomberg) -- Electric-vehicle startup Arrival SA surged after it said it’s in talks to raise capital to build and sell its products in the US. Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across TeamsMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsPutin Says Annexation Is Forever, Defends Ukraine Land GrabThe comp
21h ago - Financial Post
Dundee Precious Metals rejects study that says there were 'serious errors' in its Ecuador project
Study said project could put local communities at 'significant risk' and lead to arsenic contamination
15h ago - TechCrunch
Arrival produces long-awaited battery-electric commercial van
EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale. The Arrival van is the first vehicle built at the company’s Microfactory in Bicester, U.K., which uses autonomous mobile robots instead of a traditional assembly line. The remaining vans built this year will be earmarked for testing, validation and quality control, rather than customer delivery.
22h ago - Yahoo Finance Video
S&P 500 flat, Tesla stock rises, crude oil falls
Yahoo Finance's Ines Ferre joins the Live show to break down how stocks are moving in early trading.
21h ago - Motley Fool
Why QuantumScape Stock Is the Best Bet on Batteries
Motley Fool contributor Jason Hall talks about why he owns QuantumScape (NYSE: QS) stock. This battery technology innovator could hold the key to solid-state batteries. Find out what these groundbreaking batteries could mean for electric vehicles and more in the video.
2d ago - Investor's Business Daily
Tesla Deliveries Will Hit A Record; Will It Be Enough Amid Demand Concerns?
Tesla deliveries in the third quarter will hit a record, but the EV giant has demand concerns in China. Tesla stock is below key levels.
13h ago - TheStreet.com
Stay Alert as UnitedHealth Tests a Key Indicator
UnitedHealth Group stock has been outperforming for months as it ignores the weakness in the broader market averages. Previous tests of the 200-day moving average line were buying opportunities in October and May and June. UNH is again testing the rising 200-day line but the result could be different -- the trading volume has increased in September as prices pulled back and this could be a sign that traders are voting with their feet.
19h ago - Bloomberg
Biden Officials Float Fuel Export Limit in Meeting With Refiners
(Bloomberg) -- Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggesting that without voluntary action, the government could force the industry to stockpile more fuel in US tanks.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsTop Apple Executive Is Leaving After Making Cr
11h ago - Oilprice.com
The Next Bullish Catalyst For Oil Markets
Oil markets were relatively unscathed by Hurricane Ian, but another bullish catalyst is already looming over oil prices
20h ago The Dire Message in Nike and VF’s Warnings
If Nike and VF are struggling into the fall, there are a host of others about to feel the pinch.
15h ago- TheStreet.com
Charles River Labs Is Still Facing a Downward Current
Charles River Laboratories is a pharmaceutical company that specializes in a variety of preclinical and clinical laboratory, gene therapy and cell therapy services. The cutting-edge Massachusetts-based company has been upgraded to a fundamental "buy" recommendation by a sell-side firm with a $240 price target. In the daily bar chart of CRL, below, we can see that the shares have been in a steady downtrend the past 12 months.
22h ago - Yahoo Finance Video
Apple exec departs after TikTok remarks, Disney+ gets new president, Google to sunset Stadia
Yahoo Finance's Brad Smith breaks down leading business headlines, including leadership changes at Apple and Disney as well as Google winding down its cloud gaming service Stadia.
20h ago - Zacks
4 Integrated US Stocks to Gain as Oil Price Remains High
From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.
21h ago - TheStreet.com
Ford, Rivian, GM: Concern About Outlook for Carmakers Piles Up
Life for the car manufacturers is becoming tougher as the economic slowdown worsens. Demand for cars is likely to sharply slow as consumers delay buying a new vehicles. "This is in keeping with our macroeconomic board's reduced forecast for 2.5% global GDP growth this year and 2.1% in 2023 ... on the back of substantial inflation, and higher interest rates meant to tame it," Moody's explained.
19h ago - Motley Fool
Why Melco Resorts Stock Surged 25% Higher This Week
Investors were delighted to learn that an important source of revenue could be on its way to returning.
12h ago - Bloomberg
LME Takes First Step Toward Possible Russian Metal Ban
(Bloomberg) -- The London Metal Exchange is launching a discussion paper that marks the first step toward a potential ban on new supplies of Russian metal, according to people familiar with the matter.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneApple Ditches iPhone Production Increase After Demand FaltersStocks Plummet to 22-Month Low as Fed Hawks Circle: Markets WrapThe UK’s
2d ago - Motley Fool
This High-Growth Stock Just Told Us Its Future Is Even Brighter
It's been a brutal year for shareholders in machine vision company Cognex (NASDAQ: CGNX). The stock is down nearly 45% this year as the company's main end markets (automotive, consumer electronics, and logistics) have suffered in line with ongoing supply chain challenges and slowing consumer spending. If that wasn't enough, a fire at a primary contractor damaged Cognex's inventory of components; the last thing needed in the current environment of component shortages.
2d ago - Reuters
Energy crisis sires new European order: a strong Italy and ailing Germany
In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni, embarked on a whirlwind of trips to gas suppliers in Africa. The visits included meetings with officials in Algeria in February plus talks in Angola, Egypt and Republic of Congo in March, with Descalzi often accompanied by senior Rome officials, according to company and government releases. State-controlled Eni and Italy were able to leverage existing supply relationships with those nations to secure extra gas to replace a large part of the volumes it received from its top supplier Russia.
1d ago - Bloomberg
Saudi Arabia Is Seen Planning Budget Around Sub-$80 Oil for 2023
(Bloomberg) -- Saudi Arabia is budgeting for Brent oil at around $76 a barrel next year, according to Al Rajhi Capital, an outlook in line with current forward prices but far more bearish than expected by analysts.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across Tea
15h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK