Tesla Inc shares rose almost 3% in early trade on Wednesday, with analysts still divided on the electric-car maker's chances of meeting delivery and production targets in the months ahead, after comments by Chief Executive Officer Elon Musk at an annual shareholder meeting.
(This June 11 story has been corrected to delete erroneous reference to talks with McDonald's in fifth paragraph, amend headline.)
Big banks have talked about the threat from tech-powered upstarts for years, but it's only recently that online banks like Chime have begun to make inroads.
World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there.
Bernstein downgraded shares of Beyond Meat on valuation concerns, joining J.P. Morgan as the latest Wall Street analyst to cool on the red hot IPO.
Britain urged the Hong Kong government to "pause and reflect" on an extradition bill that has sparked widespread protests, and said the former British colony must take steps to protect its rights, freedoms and high degree of autonomy.
Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.
Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc.
Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in Scottsdale, Arizona.
Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh U.S. trade threats against China are expected to limit any major investor sentiment boost.
China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.
The head of Amazon.com Inc's cloud computing division on Monday said the company would work with any government agency that followed the law, in contrast with rival Microsoft Corp, which has touted its rejection of some controversial sales.
Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.
Chinese companies and investors are lining up in spades to take part in Shanghai's new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the U.S. blacklisting of telecom firm Huawei inflamed trade tensions.
Shanghai's new Nasdaq-style Sci-tech Innovation Board has so far drawn applications from 120 companies.