Cathie Wood's bold forecast that autonomous taxi networks could generate $8-10 trillion in revenue over the next 5 to 10 years is capturing Wall Street's imagination.
Baidu and Lyft partner to launch autonomous ride-hailing services in Europe, using Baidu's RT6 vehicles. Both companies' shares rise after announcement.
A U.S. appeals court upheld a major antitrust ruling against Google, siding with Epic Games and ordering sweeping Play Store reforms to boost app market competition.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Meta Platforms plans to sell $2 billion in data center assets to help fund its massive AI infrastructure push, as capital expenditures are projected to exceed $100 billion amid intensifying competition with Microsoft and Google.
