Business & Finance

Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.

Tesla's Megafactory in Lathrop, CA produces 10,000th Megapack, marking a milestone in energy storage. Gross margin up 30.5% and record deployments. read more

Elon Musk's political posts on X have garnered 17.1 billion views since he endorsed Donald Trump in July, more than double the reach of all U.S. political campaign advertisements on the platform combined. read more

Three young entrepreneurs have launched an AI polling startup, Aaru, which predicts election outcomes faster and cheaper than traditional methods by using AI-generated voter avatars, and is now testing its model for the 2024 Trump vs. Harris election. read more

MicroStrategy Inc. (NASDAQ:MSTR), a stock considered an alternative to Bitcoin (CRYPTO: BTC) investment, received a bullish signal from moving average (MA) technical indicators. read more

Both Vanguard and BlackRock's ETFs charge an annual fee of 3 basis points, attracting retail investors. read more

Amazon remains a compelling investment opportunity despite increased infrastructure spending planned for the coming year, according to Bernstein analyst Mark Shmulik, who maintains an Outperform rating on the stock with a $235 price target. read more

Ford's electric vehicle sales dropped 8.3% in October due to lower demand for F-150 Lightning. Despite this, overall vehicle sales increased and Ford plans to adjust production for profitability. read more

Gates elaborated on AI's potential to handle complex tasks, particularly in white-collar sectors, surpassing initial expectations. read more

Detroit-based automaker General Motors said on Monday that it surpassed selling its 300,000th electric vehicle in the U.S. since 2016 in October. read more