Julie Morgan
๐ค SpeakerAppearances Over Time
Podcast Appearances
This was a turnaround after the sector plummeted on Wednesday.
after President Trump issued an executive order and a series of social media posts threatening to block dividends, halt stock buybacks, and cap executive pay for underperforming contractors.
For example, Lockheed Martin is up 7 percent pre-market after falling 4.8 percent on Wednesday.
General Dynamics is up nearly 5 percent after a 4.1 percent drop.
Ford is planning to introduce its first Level 3 eyes-off driver assistance system in 2028, allowing drivers to remove hands and eyes from the road on certain highways.
The debut vehicle could be a midsize electric truck priced around $30,000.
The eyes-off feature will cost extra via subscription or upfront fee.
Alphabet is now the world's second most valuable company and is worth more than Apple for the first time since 2019.
Shares of Alphabet rose more than 2% on Wednesday, lifting its market cap to $3.89 trillion.
Apple's market cap now stands at $3.86 trillion,
after a 0.8% drop in its share price on Wednesday.
Wall Street analysts have noted that Alphabet's Gemini is quickly closing the gap with OpenAI's ChatGPT, which is currently the top AI model.
In addition, Alphabet is looking to challenge NVIDIA's dominance in the AI computing market with its custom tensor processing units.
But Apple has lagged its rivals in the AI race, and the iPhone maker has not made a major AI launch since it announced Apple Intelligence in 2024.
Now I have a few other articles that are trending on seeking alpha.
Nvidia is reportedly seeking full upfront payment for H200 AI chips in China.
Samsung is projecting a threefold increase in profit on the AI boom.
And a judge says that Elon Musk lawsuit against OpenAI will head to trial.
A couple of items to tell you about on our Catalyst Watch for the Day.
The ASCO Gastrointestinal Cancer Symposium will begin.