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07.07.26 - 19:54
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Ford Vs. Tesla: 2 American Icons With Upside, Which to Buy (24/7 Wall St.)
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Ford (NYSE:F) and Tesla (NASDAQ:TSLA) just closed the books on Q1 2026. Ford leaned on trucks, fleet software, and a raised outlook. Tesla leaned on margin recovery, FSD subscriptions, and a roadmap stuffed with robots. Both grew revenue. Only one is priced like a growth story. Trucks Carry Ford. Margins Carry Tesla. Ford posted $43.25 ... Ford Vs. Tesla: 2 American Icons With Upside, Which to Buy...
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07.07.26 - 13:27
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Britain Vs America: 1976 Vs 2026 (ZeroHedge)
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Britain Vs America: 1976 Vs 2026
Authored by John Perry via AmericanThinker.com,
July 4, 1976, the American bicentennial.
Along with other American students at University College, Oxford, I attended a grand banquet celebrating the occasion. In the high-vaulted dining hall, our familiar, plain wooden tables and benches were awash in linen, china, fresh flowers, silver, silver, and more silver: candlesticks, ewers, wine coolers, chargers, and items a young man from Spring Branch, Texas could not readily identify. We feasted heartily, drank really good wine, heard speeches, and toasted President Gerald Ford. It was a great night to be an American.
Looking back at that celebration fifty years on, it's clear that the U.S. and Britain have gone in very different directions since then.
Britain in 1976 seemed to this novice traveler like a downtrodden older cousin, tired and worn around the edges yet with a sense of history and purpose, a proud past, a charming personality, and the notion...
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07.07.26 - 05:06
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Micron, Ford sign long-term memory supply agreement (Digitimes)
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Micron Technology and Ford Motor Company have entered into a long-term supply agreement to strengthen access to automotive memory and storage products. The deal underscores how chip supply stability is becoming more important for vehicle makers and consumers worldwide as cars rely more heavily on advanced electronics and data systems....
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07.07.26 - 00:36
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Tech CEOs: Just Kidding About That Jobpocalypse (ZeroHedge)
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Tech CEOs: Just Kidding About That Jobpocalypse
For three years, everyone from Goldman, to Richmond Fed President Thomas Barkin, to tech CEOs have been forecasting mass unemployment due to AI wiping out jobs - which would only be accelerated by the proliferation of cheap(er) Chinese models. Ford Motor CEO Jim Farley said last year that AI would replace "literally half of all white-collar workers in the U.S."
And while that may only be a matter of time, tech CEOs have changed their tune - albeit while facing public pitchforks over data centers, the cost of electricity, and their own forecasts of workforce doom.
OpenAI CEO Sam Altman
"Our industry underestimated how much we're going to be able to keep people at the center of everything," OpenAI CEO Sam Altman said earlier this year. In May he told CNBC "We've been roughly right on technological predictions and pretty wrong on the social and economic implications."
Last year, Anthropic CEO Dario Amodei warn...
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06.07.26 - 19:54
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Ford Finally Runs Out of EVs (24/7 Wall St.)
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Ford's (NYSE: F) sales of its two flagship EVs dropped to nearly zero in May. Originally, each was to sell hundreds of thousands a year. Sales of the Mustang Mach-E dropped to 2,467, down 44% from the year before. That is 82 per day nationwide. Ford thought that using the Mustang brand would help jump-start ... Ford Finally Runs Out of EVs...
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06.07.26 - 19:24
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Microsoft′s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul (Bloomberg)
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Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.
“Our business today is not healthy,” Chief Executive Officer Asha Sharma wrote in a note to staff Monday morning, adding that Xbox is operating at margins three to 10 times lower than comparable businesses. “We must reset Xbox.”
Brody Ford, Bloomberg Technology Reporter, joined Bloomberg's Paul Sweeney and Scarlet Fu to talk about Microsoft's XBox layoffs. (Source: Bloomberg)...
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