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Tesla shares drop

Tesla Shares Drop by 5% as the US EV Maker Recalls...

Tesla shares continued on a downward spiral on December 20, dipping 5% in premarket trading. This Tesla shares drop comes after the stock dipped 8% on December 19, which was the worst trading day for the EV manufacturer since the 2022 elections. According to CNBC, the stock price drop appeared to have been triggered by […]
Synopsys-Absys acquisition

UK Antitrust Regulator Sets Conditions for Synopsy...

British competition regulator, the Competition and Markets Authority (CMA) has flagged the $35 billion Synopsys-Absys acquisition deal. According to Reuters, the competition watchdog says the acquisition could curtail innovation and result in higher prices. Competition Watchdog Concerns The CMA recognizes the critical role of semiconductor chips in advancing technologies that consumers and businesses in the […]
Perplexity AI latest Funding

Perplexity AI’s Valuation Hits $9 Billion After ...

Perplexity AI’s valuation has hit the $9 billion mark after the AI startup raised $500 million. Perplexity AI’s latest funding round highlighted the rising enthusiasm for AI-driven innovation among investors. The funding round, which was completed earlier this month, was led by Institutional Venture Partners according to Yahoo Finance. Rapid Growth The $9 billion Perplexity […]
Tesla shares drop

Tesla Shares Drop by 5% as the US EV Maker Recalls...

Tesla shares continued on a downward spiral on December 20, dipping 5% in premarket trading. This Tesla shares drop comes after the stock dipped 8% on December 19, which was the worst trading day for the EV manufacturer since the 2022 elections. According to CNBC, the stock price drop appeared to have been triggered by […]
Synopsys-Absys acquisition

UK Antitrust Regulator Sets Conditions for Synopsy...

British competition regulator, the Competition and Markets Authority (CMA) has flagged the $35 billion Synopsys-Absys acquisition deal. According to Reuters, the competition watchdog says the acquisition could curtail innovation and result in higher prices. Competition Watchdog Concerns The CMA recognizes the critical role of semiconductor chips in advancing technologies that consumers and businesses in the […]
Perplexity AI latest Funding

Perplexity AI’s Valuation Hits $9 Billion After ...

Perplexity AI’s valuation has hit the $9 billion mark after the AI startup raised $500 million. Perplexity AI’s latest funding round highlighted the rising enthusiasm for AI-driven innovation among investors. The funding round, which was completed earlier this month, was led by Institutional Venture Partners according to Yahoo Finance. Rapid Growth The $9 billion Perplexity […]
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