
Apple's Siri-ous Problem + How Starlink Took Over the World + Is A.I. Making Us Dumb?
This week, as the long-promised new Siri faces increasing delays, we explore why Apple seems to be falling even further behind in artificial intelligence. Then, the New York Times reporter Adam Satariano joins us to explain how Elon Musk's satellite internet provider Starlink took over the world. And finally, we look at a new study that asks: Is A.I. eroding our critical thinking skills?
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37 minutes ago
- Yahoo
Watch These Tesla Levels as Stock Soars Following Robotaxi Service Rollout
Tesla shares jumped 8% on Monday after the EV maker launched its highly anticipated autonomous robotaxi vehicle service on Sunday in Austin, Texas. The stock broke out from the pennant on above-average volume in Monday's trading session, setting the stage for a new leg higher. Investors should watch key overhead areas on Tesla's chart around $365, $430 and $489 while also monitoring an important support level near $ (TSLA) shares surged Monday after the EV maker launched its highly anticipated autonomous robotaxi vehicle service on Sunday in Austin, Texas. While the rollout was limited, CEO Elon Musk has said in past interviews that the company plans to quickly expand to more cities and potentially hundreds of thousands of vehicles by the end of next year. Tesla bulls, such as Wedbush analyst Dan Ives, have pointed out that Tesla's robotaxis and self-driving software have the potential to double the automaker's market capitalization by the end of 2026. Tesla shares jumped more than 8% on Monday to around $349. The stock is still down about 14% since the start of the year, but it's risen more than 60% from its early-April low, boosted in part by Musk's decision to relinquish his role heading the Department of Government Efficiency and spend more time at his companies, including Tesla. Below, we take a closer look at Tesla's chart and use technical analysis to identify key price levels that investors will likely be watching. After a pullback to the 50- and 200-day moving averages, Tesla shares consolidated within a pennant pattern just above the closely watched indicators. More recently, the stock broke out from the pennant on above-average volume in Monday's trading session, setting the stage for a new leg higher. The move also coincided with a strong uptick in the relative strength index, indicating accelerating price momentum. Let's identify three key overhead areas on Tesla's chart to watch if the shares continue to rally and also locate an important support level worth monitoring. The first overhead area to watch sits around $365. This area, just 5% above Monday's closing price, could provide resistance near last month's prominent peak, which also aligns with the February countertrend high and twin peaks that formed on the chart last November. A convincing close above this area could trigger a rally toward $430. The shares may face selling pressure in this location near a series of trading activity situated just below the stock's record high set in mid-December last year. Interestingly, this area also sits in the same neighborhood as a projected upside target that takes Tesla's price action from late April to late May and repositions it from this month's pullback low. Buying above this area could see the shares climb to around $489. This region on the chart would likely attract significant attention near the stock's record high, which may be seen as a suitable location to lock in profits. If Tesla's share price reverses course, it's worth closely monitoring the $285 level. Investors could seek buying opportunities in this area near a horizontal line that links this month's low with a range of corresponding trading activity on the chart stretching back to last November's election-driven breakaway gap. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo
an hour ago
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Media Matters sues FTC over ‘retaliatory' investigation
A liberal media watchdog group has filed suit against the Federal Trade Commission, saying it was placed under investigation in retaliation for its reporting about extremist content on the social media site X. Media Matters said in the suit filed Monday in federal court in Washington that White House appointees in the FTC were seeking to punish the organization on behalf of Elon Musk, the billionaire owner of X who until recently had a prominent role in the Trump administration. The FTC notified Media Matters last month that it was investigating the organization over whether its reporting on X amounted to illegal collusion with advertisers. 'The Court should put an end to the latest effort by the Trump Administration and Elon Musk's government allies to punish, intimidate, and harass Media Matters for publishing reporting they do not like,' it said. In November 2023, Media Matters reported that ads were appearing next to pro-Nazi posts on X. Musk, the lawsuit said, 'promised a 'thermonuclear' lawsuit against Media Matters—and his supporters in government were quick to pile on.' Two subsequent investigations from attorneys general in Missouri and Texas, which Media Matters asserts were both also retaliatory, were later dismissed by federal judges on First Amendment grounds. Neither the White House nor the FTC responded immediately to requests for comment from POLITICO. Media Matters said the federal investigation is part of a broader politicization of the agency under the administration. 'The Trump Administration has opened investigations into former officials who were critical of the President,' the lawsuit said. 'And it has targeted swaths of civil society deemed to be disloyal: universities, cultural institutions, public radio, and other media outlets.' Trump in March fired the FTC's two Democratic members, Alvaro Bedoya and Rebecca Kelly Slaughter, overturning decades of precedent. The agency now has three commissioners, all Republicans. Several key leaders at the agency have previously spoken out against both Media Matters and advertiser boycotts like the one that affected X, the lawsuit said. Those named in the complaint include FTC Chair Andrew Ferguson and commissioners Mark Meador and Melissa Ann Holyoak. The organization also wrote that the administration's investigation has cast a chill on its reporting, preventing staff from covering Musk's relationship with Trump and connections between right-wing media and the FTC. 'This is a significant free speech issue, and Media Matters will not back down from this fight,' Angelo Carusone, chair and president of the nonprofit, said in a statement. 'If the Trump administration is allowed to use this unlawful investigation to punish legitimate reporting on behalf of a political ally, then there is nothing to stop it from targeting anyone who stands up and exercises their rights."

Politico
an hour ago
- Politico
Media Matters sues FTC over ‘retaliatory' investigation
A liberal media watchdog group has filed suit against the Federal Trade Commission, saying it was placed under investigation in retaliation for its reporting about extremist content on the social media site X. Media Matters said in the suit filed Monday in federal court in Washington that White House appointees in the FTC were seeking to punish the organization on behalf of Elon Musk, the billionaire owner of X who until recently had a prominent role in the Trump administration. The FTC notified Media Matters last month that it was investigating the organization over whether its reporting on X amounted to illegal collusion with advertisers. 'The Court should put an end to the latest effort by the Trump Administration and Elon Musk's government allies to punish, intimidate, and harass Media Matters for publishing reporting they do not like,' it said. In November 2023, Media Matters reported that ads were appearing next to pro-Nazi posts on X. Musk, the lawsuit said, 'promised a 'thermonuclear' lawsuit against Media Matters—and his supporters in government were quick to pile on.' Two subsequent investigations from attorneys general in Missouri and Texas, which Media Matters asserts were both also retaliatory, were later dismissed by federal judges on First Amendment grounds. Neither the White House nor the FTC responded immediately to requests for comment from POLITICO. Media Matters said the federal investigation is part of a broader politicization of the agency under the administration. 'The Trump Administration has opened investigations into former officials who were critical of the President,' the lawsuit said. 'And it has targeted swaths of civil society deemed to be disloyal: universities, cultural institutions, public radio, and other media outlets.' Trump in March fired the FTC's two Democratic members, Alvaro Bedoya and Rebecca Kelly Slaughter, overturning decades of precedent. The agency now has three commissioners, all Republicans. Several key leaders at the agency have previously spoken out against both Media Matters and advertiser boycotts like the one that affected X, the lawsuit said. Those named in the complaint include FTC Chair Andrew Ferguson and commissioners Mark Meador and Melissa Ann Holyoak. The organization also wrote that the administration's investigation has cast a chill on its reporting, preventing staff from covering Musk's relationship with Trump and connections between right-wing media and the FTC. 'This is a significant free speech issue, and Media Matters will not back down from this fight,' Angelo Carusone, chair and president of the nonprofit, said in a statement. 'If the Trump administration is allowed to use this unlawful investigation to punish legitimate reporting on behalf of a political ally, then there is nothing to stop it from targeting anyone who stands up and exercises their rights.'