Eagle Capital Growth Fund Inc (GRF) News

Gary Black Says Investors 'Losing Faith' That Tesla Can Scale Autonomy—Blames Elon Musk's Vision-Only Approach

Investor Gary Black believes Tesla Inc.'s (NASDAQ:TSLA) pullback in its self-driving ambitions is causing investors to lose faith that the company will eventually solve autonomy.Gary Black Outlines '

Benzinga13:08

Catching up with OpenAI! Gemini surpasses 1 billion monthly active users, becoming Google's fastest-growing product in history

Gemini has surpassed 1 billion monthly active users, directly competing with ChatGPT. Google CEO Sundar Pichai announced it as the fastest-growing product in the company's history—reaching 1 billion users from 750 million in just six months. The vast majority of Gemini users come from the Android ecosystem, with 63% opting for voice interaction, and the share of 'voice-only' users continues to rise. With the battle for one billion users now concluded, deep monetization is the real battleground.

wallstreetcn10:47

Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage

Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as "a bit like shooting fish in a barrel."The Big Short investor disclosed the trade on his

Benzinga05:02

Express News | Google: Gemini Monthly Active Users Exceed 1 Billion

Google CEO Pichai stated that the AI model Gemini has surpassed one billion monthly active users, making it the company's 'fastest-growing product in history.'

Breakings01:44

QUICK SPARK: NYC Mayor Mamdani Named Florida's 'Economic Developer of the Year'

Florida's business lobby is taking a very public shot at New York City leadership in Times Square to amplify its pitch that lower taxes are pulling jobs, companies and residents out of high-tax

Benzinga01:39

AI Job Apocalypse Debunked? BofA Presents Nuanced Data — And Warning Signs

A growing wave of AI-linked layoffs has yet to translate into widespread job destruction across the U.S. economy, according to Bank of America.Companies including Amazon.com (NASDAQ:AMZN), Meta

Benzinga01:38

10 Communication Services Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity

Benzinga01:35

Nvidia's Masterstroke To Turn Itself Into An Asset Class—Characterizing This As Circular Financing Is Flawed

Masterstroke Creates More RiskPlease click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA).Note the following:This article is about the big picture, not an individual stock. The chart of

Benzinga00:59

Here's How Much You Would Have Made Owning Alphabet Stock In The Last 20 Years

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 20 years by 10.43% on an annualized basis producing an average annual return of 19.73%. Currently, Alphabet has a market

BenzingaAug 11 22:00

Amazon's Zoox Launches Paid Robotaxi Service In Las Vegas and Says 'We Need To Be Regulated'— The Smoke Incident That Prompted a Recall Explains Why

Zoox CEO Aicha Evans backed stronger federal oversight of autonomous vehicles as the Amazon.com Inc. (NASDAQ:AMZN) subsidiary began charging passengers for driverless rides in Las Vegas, weeks after

BenzingaAug 11 21:15

How To Trade SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA Using Technical Analysis

Good Morning Traders! Today's economic calendar is somewhat light as markets prepare for tomorrow's highly anticipated CPI inflation report. The morning begins with Weekly ADP Employment Change,

BenzingaAug 11 20:59

Rocket Lab CEO Won't Take on Musk and Bezos in Broadband: 'The Two Most Wealthiest People in the World Are Going After That'

On Monday, Rocket Lab Corp. (NASDAQ:RKLB) CEO Peter Beck said the company's planned $8 billion acquisition of Iridium Communications Inc. (NASDAQ:IRDM) is opening a new space-services opportunity —

BenzingaAug 11 20:01

Meta, TikTok, Google and Snap Just Lost a Major Court Battle— and Must Face More Than 3,000 Lawsuits Over Addictive Platforms Targeting Young Users

A U.S. appeals court has given the green light for thousands of lawsuits against leading social media companies Meta Platforms (NASDAQ:META), Alphabet's Google (NASDAQ:GOOGL) (NASDAQ:GOOG), ByteDance'

BenzingaAug 11 19:12

Gavin Newsom Launches AI Cyber Defense Program: 'AI-Enabled Cybersecurity Threats Are No Longer Hypothetical'

Gov. Gavin Newsom (D-Calif.) on Monday launched what California calls a first-in-the-nation AI Cyber Defense Program to use artificial intelligence to strengthen protections for critical

BenzingaAug 11 19:11

Anthropic's Claude Just Got a Hidden Watermark That Follows Your AI-Written Text Everywhere You Paste It

Anthropic is embedding "imperceptible" machine-readable watermarks directly into text generated by new Claude models, making copied AI output easier to trace as schools, publishers and other

BenzingaAug 11 19:03

The AI Mexican Standoff: Who Blinks First in the $1 Trillion Market?

The largest AI profits are accumulating furthest from the customer, while the companies closest to the end user are absorbing the losses.That verdict is the latest insight from Apollo Chief

BenzingaAug 11 18:59

Overseas Research Daily 0811 | UBS Group: Hormuz negotiations boost market sentiment; bullish on gold and copper

① Goldman Sachs: U.S. AI investment is nearing USD 600 billion this year, with limited crowding-out effects on traditional economic activities; ② SEB: If AI significantly extends healthy lifespan, it could reshape the global economy and pension systems; ③ JPMorgan: Recent sell-offs of SK Hynix shares appear excessive, and concerns over HBM price declines are overstated; ④ Goldman Sachs: Google’s AI strategy may shift toward scaled commercialization, with cloud business becoming its core growth engine.

cls.cnAug 11 17:44

U.S. data center construction bans surged in July, sparking protests in 142 cities

① Data show that the number of newly prohibited data centers in the United States rose to over 500 in July, a significant increase from approximately 300 in late June; ② In late July, protests against AI data centers erupted simultaneously in 142 cities across 42 U.S. states, marking the first coordinated nationwide demonstration of its kind in the country; ③ The data center bans are not driven by partisan politics, and this trend could pose significant obstacles to the construction of large-scale data centers.

cls.cnAug 11 16:45

Goldman Sachs: The Next Major AI Theme Shifts from Computing Power to Humanoid Robots

According to Goldman Sachs' latest report, as AI computing infrastructure continues to expand, humanoid robots are poised to become a key growth driver in the next phase of AI development, with labor shortages and automation demand providing structural support for the industry's long-term growth.

wallstreetcnAug 11 16:15

Zheshang Securities Discusses Next-Stage Strategy for A-Shares: From 'K-Shaped' to 'Diamond-Shaped'

Zheshang Securities' 'Diamond Strategy' notes that as the AI narrative slope flattens, market microstructure deteriorates, and global liquidity faces disruptions, the extreme concentration of capital in a 'K-shaped' divergence is unlikely to persist. The market is now entering a transitional phase of oscillation characterized by 'convergence → rebound → re-convergence.' Strategically, the approach recommends shifting from concentration at the extremes toward strengthening positions in the middle ground, focusing on three main themes: tech differentiation, deep value, and distressed turnarounds.

wallstreetcnAug 11 15:07