Tech

UBS CEO Rebukes Calls for Stricter Regulations Post-Credit Suisse Takeover

Lucerne, Switzerland — UBS CEO Sergio Ermotti strongly criticized suggestions for tougher regulations on the bank following its 2023 acquisition of Credit Suisse, labelling...

Musk Reiterates that Model Y Refresh is not Coming This Year

United States: Elon Musk has reiterated that Tesla will not be debuting the refreshed Model Y “Juniper” this year after the company made a...

Ford Announces F-150 Lightning SuperTruck Pikes Peak Racer

U.S.- Ford Performance is entering the 2024 Pikes Peak International Hill Climb with a new weapon — the F-150 Lightning SuperTruck. The  F-150 Lightning...

After Earnings, Is CrowdStrike Stock a Buy, a Sell, or Fairly Valued?

CrowdStrike Holdings CRWD released its fiscal first-quarter earnings report on June 4. Here’s Morningstar’s take on CrowdStrike’s earnings and stock. Key Morningstar Metrics for CrowdStrike Fair Value Estimate:...

AI Revolution Drives Wave of Layoffs at Tech Giants

In early June, Aaron Damigos, a web support associate at Microsoft, received a dreaded calendar invite for a business update meeting that included HR,...

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