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Tesla Offers One-Month Trial of Driver-Assist Technology

Electric vehicle maker Tesla is set to offer a one-month free trial to U.S. customers of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk announced on Monday. "All U.S. cars that are capable of FSD will be enabled for a one-month trial this...

Tesla to Increase Model Y Price in Europe

Electric vehicle (EV) manufacturer Tesla is set to raise the price of its Model Y EVs in multiple European countries on March 22. The company announced on its official X account that it would increase the price by 2,000 euros (approximately $2,177). This will...

Reddit is Expecting Over 20% Sales Growth in 2024

Reddit Inc. is projecting over 20% in revenue growth in 2024, the social media company stated in its initial public offering. Revenue in 2023 was $804 million according to its filing with the U.S. Securities and Exchange Commission; a 20.5% rise from the previous...

Snap Shares Plummet 33% Following Disappointing Earnings

Snap Inc. shares plunged by 33% to $11.72 in after-market trading following the company's disappointing earnings report for the foruth quarter. The software giant generated a revenue of $1.36 billion for the three months ending December 31, missing Wall Street analysts' expectations of a...

Netflix Stock Surges Amid Subscriber Boom

Netflix stocks surged by 10% during premarket trading on Wednesday after the streaming giant released its fourth-quarter results. 13.12 million subscribers joined Netflix in the quarter, beating the company's own forecast of roughly nine million additions. Full-year 2023 additions stood at 30 million. Revenue for...

Samsung Suffers 35% Profit Decline Amid Weak Chip Market

Samsung Electronics Co. saw its operating profit slump by 35% during the past quarter, registering its sixth consecutive quarterly decline. The South Korean company's stock fell by 2.5% on Tuesday following the announcement. Operating income for the quarter was 2.8 trillion won ($2.1 billion)—24%...