For parents trying to limit their kids’ exposure to smartphones, the answer could be yesterday’s tech.
Category: Business
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Lucid surges on new CEO and announcement of expanded robotaxi partnership with Uber
Lucid shares climbed more than 12% in premarket trading.
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Bitcoin flirts with key $75,000 level on hopes of an Iran deal
Several analysts argue that for bitcoin to have truly turned a corner and break from the tight range it’s been stuck in, a sustained rally above the $75,000 level is needed.
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CarMax sinks following Q4 earnings report
CarMax reported its fourth-quarter earnings before the bell on Tuesday.
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JPMorgan drops after cutting full-year net interest income outlook
The bank had just upped its guidance for net interest income in late February.
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HSBC CEO: All-in cost of oil has hit as much as $286 per barrel during the war
That’s nearly triple where headline futures are at.
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American Airlines jumps on potential merger talks with United
The potential tie-up would combine two of the largest US carriers as the industry faces rising jet fuel costs and antitrust scrutiny.
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Credo Technology soars after announcing deal to acquire photonics company
The price is $750 million in cash plus 920,000 shares of Credo, and has the potential to escalate from there based on the achievement of certain financial milestones.
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Amazon reportedly nears deal for Globalstar in bid to take on SpaceX’s Starlink
The tech giant wants to have 700 satellites in space by the middle of the year.
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Bloom Energy spikes after vastly expanding its deal to supply fuel cells to Oracle
Oracle has about $320 million reasons to want to get more power from Bloom.
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Stanford AI report: Model capability accelerating, China has closed the gap with the US
Stanford’s annual AI Index Report says “nearly indistinguishable” from each other, and benchmarks used to evaluate them are falling behind their accelerating capabilities.
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Stocks gain after Trump orders Hormuz blockade, says Iran wants to make a deal
Stocks shrugged off the weekend’s failed peace talks.
