To The Moon

Anyone trying to make sense of the stock-market plunge by focusing on President Trump's tariff yo-yo was left scratching their head at the start of this week. Shares in Tesla, run by Trump's chainsawer-in-chief Elon Musk, plummeted 15% on Monday to take them back below where they were before the election. Yet shares in General Motors and Ford, both much more exposed to tariffs on steel, Canada and Mexico than is Tesla, actually rose, bucking the wider selloff.Tariffs were the wrong place to look for an explanation. Look deeper into the trading dynamics, and a picture forms of the broader market forces that sent stocks into correction territory this week.The odd Tesla/Ford moves were more likely driven by what Wall Street types call capitulation. That's when traders have thrown in the towel and are closing out bets they had been holding on to in the hope of a turnaround.Blame the army of individual day traders who obsessively follow Tesla . These speculators finally gave up as Tesla los

Peter Rawlinson stepped down as CEO of the company.However, the company veteran will remain in an advisory role.Lucid plans to nearly double deliveries from 2024 to 2025.You can't blame a Lucid Group investor for sighing loudly during the fourth-quarter conference call. After years of mostly disappointing investors with production hiccups, earnings misses, delays, and other developments, Lucid finally had real positive momentum in 2024.So, of course, Lucid would cap off the year with a strong fourth-quarter result, only to abruptly announce that CEO Peter Rawlinson is stepping down. Let's take a look at the situation and whether it should change a Lucid investing thesis.What's going on?

It is because humans actually proved to be a hindrance when it came to achieving Go superintelligence. This makes sense as humans have their own biases and limitations. It turns out, achieving optimal Go play works better when humans are taken out of the loop. Top AI researchers like Andrej Karpathy have consistently stated that reinforcement learning without human feedback is key to the type of recursive self-improvement seen in AlphaGo Zero. After all, humans themselves are limited in intellig

BofA Securities analysts believe Palantir (NYSE:PLTR) has a "unique position" to take advantage of t

The deal will bring Palantir’s Foundry product to manufacturers.Palantir stock has doubled in value during 2023 despite revenue growth in the low teens.Palantir stock is rising this morning after announcing its Foundry product is now available on the Amazon AWS cloud.Palantir has made its money in government contracts, especially for the military. Typical is a recent five-year, $463 million contract with the U.S. Special Operations command. The contract envisions Palantir software being used to reduce the mental load of commanders and soldiers in war. It’s the renewal of an existing contract, but at $20 million more per year, indicating the military is satisfied with the software’s performance.Palantir’s military work also gives it a strategic relationship with Microsoft . But the agreement with Amazon will help manufacturers, with Amazon pitching Palantir’s Foundry as part of its “industrial data fabric.”Palantir stock has been on fire since reporting earnings of $17 million, or 1 ce

Measure heads to Senate, where passage is virtually certainBipartisan coalition of moderates pushes

Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additi