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29/01/2026
Spot gold surged to $5390 per ounce, up 4.04% on the day.
Latest
4 m ago
Market News: The significant increase in capital expenditure by Meta is driven by high investment in salaries for artificial intelligence employees.
4 m ago
Tesla: CyberCab, Semi, and Megapack3 are all on track for the 2026 plan. Six new product lines will be launched. The company will invest $2 billion to purchase a series E preferred stock of xAI; Tesla has reached a framework agreement with xAI on this matter. CyberCab and Tesla Semi are expected to start mass production in 2026, and Megapack3 is also expected to start mass production this year. The first generation product line of humanoid robot Optimus is currently being laid out.
6 m ago
21 securities firms predict their net profits will increase by nearly 60% by 2025.
11 m ago
Tesla's revenue in the fourth quarter decreased by 3%, and the company also lost its position as the world's largest electric vehicle manufacturer, being replaced by BYD. Tesla announced revenue of $24.9 billion for the quarter. Full-year revenue for 2025 was $94.8 billion, a 3% decrease compared to the previous year. Net profit was $840 million, a 61% decrease year-on-year. Non-GAAP earnings per share were $0.50, higher than analysts' expectations of $0.45. Free cash flow for the quarter was $1.4 billion, a 30% decrease year-on-year, attributed to Tesla's significant investments in robotics and artificial intelligence research. However, this result was still better than the analysts' consensus of a negative value. Tesla's stock price rose more than 3% in after-hours trading. Additionally, Tesla announced a $2 billion investment in xAI, showing the company's increasing focus on artificial intelligence.
13 m ago
Meta CEO: In the coming years, advertising will be the most important driver for driving our business growth.
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