Tesla Reveals Its Texas Robotaxi Fleet Is Dwarfed by Waymo’s

Tesla Inc. has just 42 vehicles operating as robotaxis in Texas almost a year after Elon Musk launched the service, a small fraction of the fleet commanded by rival Waymo. The official count was revealed for the first time in registration information Tesla submitted...

Gap Shares Plummet After Retailer Lowers Sales Outlook

Gap Inc. shares plunged after it lowered its outlook for net sales growth for the year. The retailer now sees net sales up as much as 2%, after previously forecasting as much as 3% growth. Overall comparable sales, as well as comparable sales for the Old Navy, Banana...

Bitcoin Falls to Six-Week Low Amid War Jitters, ETF Outflows

Bitcoin fell to its lowest level in more than six weeks as jitters over the US-Iran war and outflows from US exchange-traded funds weighed on the largest cryptocurrency. Bitcoin dropped as much as 3.3% to $72,643 on Thursday, its weakest since April 13. It was trading...

China Chip Giant CXMT’s IPO Revives Memories of Past Market Tops

The buzz surrounding ChangXin Memory Technologies Ltd.’s anticipated IPO is also triggering anxiety in parts of China’s market, where investors recall earlier mega-deals that absorbed vast amounts of liquidity and marked turning points for equities. Hefei-based CXMT,...