
Shares of Rivian fell sharply Monday after the California-based company said it would recall nearly all of its vehicles.

Last week, Uber Technologies inked a 10-year deal with Motional, a joint venture between Hyundai Motor Group and Aptiv that offers driverless rides and enables food deliveries through its ordering service using Motional's new all-electric IONIQ 5-based robotaxis.

Mastercard on Tuesday launched a new piece of software that helps banks identify and cut off crypto exchanges prone to fraudulent transactions.

Adding to a wave of chip-making plans in the US, Micron Technology Inc. agreed to invest as much as $100 billion to build a semiconductor-manufacturing campus in upstate New York.

Aiming high for the launch of its next virtual reality headset, videogame giant Sony plans to make two million units of the PlayStation VR2 by March 2023.

In its most recent quarter, Tesla Inc.'s vehicle deliveries rebounded to 343,830, a new record and turnaround from earlier this year when a shutdown at its China factory and other challenges affected how many vehicles it managed to get into customers' driveways.

Of the five biggest US companies by market value, Tesla’s shares are by far the most expensive, yet they’re the only ones whose performance comes close to Apple’s, a rarity for investors in the sector.

To target the next generation of shoppers, Walmart is opening a new superstore that comes with all the luxuries - from clothes, a roller skating rink, a Ferris wheel, and now - the metaverse.

Shares of Nio Inc. are up 2.78% in mid-day trading Monday, following an announced strategic funding transaction with Australian lithium firm - Greenwing Resources.

In a securities filing Monday, Take-Two Interactive Software Inc. disclosed hackers broke into the networks of its Rockstar Games Inc. unit, illegally accessing early-development footage of the company's next "Grand Theft Auto" video game.

The enterprise software maker, Salesforce, announced a new long-range profitability goal that showed the company's determination to operate more efficiently. At the Dreamforce conference Wednesday, Salesforce introduced a host of new products, including "Genie" and "Slack Canvas."

On Wednesday, Ford Motor Co. released strict new rules for US dealers to sell its electric vehicles, including requiring fixed prices and upfront investment in chargers as the automaker attempts to cut overhead costs and boost profits.

Technology giant Adobe Inc. agreed Thursday to acquire design-software startup Figma Inc. in a deal valued at roughly $20 billion as it expands its range of creative tools for professionals.

At its annual developer conference Friday, online gaming firm Roblox Corp. announced it plans to debut 3D ads next year as it strives to diversify its revenue stream beyond in-game purchases.

Facebook parent Meta Platforms Inc. said it has acquired Lofelt, a Berlin technology startup aiming to replicate the illusion of touch in virtual reality.

On Thursday, Mercedes-Benz Vans and Rivian announced they are partnering to establish a new European factory that would produce electric vans for both brands, sending Rivian shares up about 6%.

Shares of Snap Inc., the parent company of social media app Snapchat, surged as much as 14.9% Wednesday following news of the company's plan to cut costs.

US chip stocks tumbled Thursday after government officials told them to stop exporting cutting-edge processors for artificial intelligence to China.

For the first time, Facebook parent Meta Platforms Inc. posted a decline in revenue and issued a muted outlook as it competes with rival TikTok.

Graphics chip designer Nvidia on Wednesday issued a weak forecast for the third quarter on the back of a weakening gaming industry, sending its shares down 4.7% in after-hours trading following the results.

Streaming giant Netflix refuted recent claims of pricing estimates by Bloomberg, which suggested the new add-supported streaming tier will have a monthly cost of $7 to $9 as it competes with Walt Disney.

Ford Motor Co. confirmed Monday it is cutting roughly 3,000 white-collar and contract jobs in its latest efforts to reduce costs and fund its $50 billion transition to electric vehicles.

Crypto giant Coinbase's market share fell from highs of 10.7% in January to 6.3% in July, a sign that the largest US cryptocurrency exchange is losing ground.

As meme stocks came back into vogue by retail investors, spurred by the market's growing optimism, shares of AMC Entertainment Holdings climbed on Monday, on pace to complete a six-day winning streak.

Micron announced Tuesday it would invest $40 billion over the next decade to manufacture chips in the US despite its latest comments citing a worsening market.
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