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...In the last fiscal year, R&D costs were equal to 7.8 per cent of revenue, up from 3.3 per cent in 2014. But it has not been willing to fund a new supply chain for mass car production....
...He was an early adopter, paying the $20 a month to subscribe to each of OpenAI’s GPT-4 and Anthropic’s Claude 3, as well as using open-source language models such as Perplexity AI....
...“We experienced numerous challenges, from the Red Sea conflict and the arson attack at Gigafactory Berlin, to the gradual [increase in production] of the updated Model 3 in Fremont,” Tesla said of the start...
...The $5.9bn is significantly higher than the $3.9bn takeover bid Altium received in 2021 from software company Autodesk, which it rejected....
...latest of bitcoin’s quadrennial “halving” event and my inbox is awash with predictions about where bitcoin will go once the incentives for miners to verify new blocks of transactions are cut in half, to 3.125...
...Noom was last valued at $3.7bn in 2021, and is likely to go public this year, according to PitchBook....
...By contrast, Home Depot suffered a 3 per cent decline in full-year revenues as its retail customers put off big DIY projects. Rival Lowe’s reported an even steeper 11 per cent drop in annual sales....
...Daily passenger arrivals throughout 2023 were mostly well below the 3,000 mark, while in 2019 they were mostly above 5,000....
...Analysts are predicting they will show the lowest gross margin since early 2017, when it had just begun manufacturing its first mass-market car, the Model 3....
...of this . . . the Momentum Factor ETF (MTUM) has stalled, reflecting some modest relative weakening from Tech, but the % of stocks above the 200-day moving average closed at its highest level in about 3...
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...A US federal judge has blocked JetBlue Airways’ proposed $3.8bn acquisition of Spirit Airlines, in a victory for the Biden administration’s top antitrust enforcer at the Department of Justice....
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